The Manufacturers Life Insurance Company Decreases Stock Holdings in DT Midstream, Inc. $DTM

The Manufacturers Life Insurance Company lowered its stake in DT Midstream, Inc. (NYSE:DTM) by 4.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 90,943 shares of the company’s stock after selling 3,981 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in DT Midstream were worth $12,247,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Quantinno Capital Management LP raised its position in DT Midstream by 7.2% during the first quarter. Quantinno Capital Management LP now owns 49,067 shares of the company’s stock worth $6,608,000 after acquiring an additional 3,307 shares during the period. Lazard Asset Management LLC increased its stake in shares of DT Midstream by 7.7% during the first quarter. Lazard Asset Management LLC now owns 2,195 shares of the company’s stock worth $296,000 after purchasing an additional 156 shares in the last quarter. Waverly Advisors LLC purchased a new stake in shares of DT Midstream during the first quarter worth about $352,000. Aristotle Capital Management LLC acquired a new position in shares of DT Midstream during the 1st quarter worth about $206,000. Finally, Compound Planning Inc. purchased a new position in DT Midstream in the 1st quarter valued at about $258,000. Hedge funds and other institutional investors own 81.53% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on DTM. Scotiabank started coverage on DT Midstream in a research report on Tuesday, May 26th. They issued an “outperform” rating and a $176.00 target price on the stock. Wall Street Zen cut DT Midstream from a “hold” rating to a “sell” rating in a research report on Saturday. Barclays increased their price objective on DT Midstream from $141.00 to $143.00 and gave the company an “equal weight” rating in a research note on Friday, May 1st. Raymond James Financial restated an “outperform” rating and set a $158.00 price target on shares of DT Midstream in a research report on Thursday, April 30th. Finally, UBS Group upped their price objective on shares of DT Midstream from $152.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, DT Midstream has a consensus rating of “Moderate Buy” and a consensus price target of $154.08.

DT Midstream Trading Up 0.1%

Shares of DTM opened at $138.13 on Monday. DT Midstream, Inc. has a 12-month low of $99.81 and a 12-month high of $152.88. The firm has a market capitalization of $14.09 billion, a P/E ratio of 30.23, a P/E/G ratio of 3.02 and a beta of 0.72. The firm has a 50-day moving average price of $143.79 and a 200 day moving average price of $137.94. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.68.

DT Midstream (NYSE:DTM) last issued its earnings results on Thursday, July 30th. The company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.08). DT Midstream had a return on equity of 9.58% and a net margin of 35.72%.The firm had revenue of $332.57 million for the quarter, compared to analysts’ expectations of $325.84 million. During the same period last year, the firm earned $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Sell-side analysts forecast that DT Midstream, Inc. will post 4.73 EPS for the current year.

DT Midstream Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Monday, September 21st will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $3.52 annualized dividend and a yield of 2.5%. DT Midstream’s dividend payout ratio is presently 77.88%.

DT Midstream News Roundup

Here are the key news stories impacting DT Midstream this week:

• Positive Sentiment: DT Midstream reported second-quarter adjusted EBITDA of $305 million and revenue of $332.57 million, exceeding analysts’ $325.84 million estimate. Net income was $112 million, or $1.09 per diluted share, up from $1.04 a year earlier. DT Midstream Reports Strong Second Quarter 2026 Results
• Positive Sentiment: The company declared a quarterly dividend of $0.88 per share, equivalent to approximately $3.52 annually and a 2.6% yield. Investors of record on September 21 will receive payment on October 15.
• Positive Sentiment: US Capital Advisors modestly raised its long-term EPS forecasts to $5.24 for fiscal 2027 and $5.55 for fiscal 2028, indicating expectations for continued earnings growth beyond 2026.
• Neutral Sentiment: Mizuho lowered its price target from $153 to $147 and assigned a “neutral” rating. The revised target still implies upside from the reported $138.13 share price, but the reduction signals less near-term appreciation potential.
• Negative Sentiment: Quarterly EPS of $1.09 fell short of the $1.17 consensus estimate by $0.08, despite the revenue beat. This earnings shortfall may weigh on the stock’s valuation.
• Negative Sentiment: Fiscal 2026 EPS guidance of $4.42–$4.82 has a midpoint of $4.62, below the approximately $4.78 analyst consensus, suggesting limited near-term earnings upside.

DT Midstream Company Profile

DT Midstream Inc (NYSE: DTM) is a midstream energy company that owns and operates infrastructure for gathering, processing and treating hydrocarbons and produced water. Its core business activities encompass natural gas gathering, cryogenic processing, natural gas liquids (NGL) fractionation, and produced-water handling services. These integrated operations enable the company to capture and transport multiple hydrocarbon streams from wellhead to market and to provide essential water management solutions.

The company’s asset footprint is concentrated in the Delaware Basin in West Texas and southeastern New Mexico, where it serves a diverse range of exploration and production customers.