WNY Asset Management LLC Invests $974,000 in DT Midstream, Inc. $DTM

WNY Asset Management LLC acquired a new stake in DT Midstream, Inc. (NYSE:DTM) during the first quarter, according to its most recent filing with the SEC. The firm acquired 7,234 shares of the company’s stock, valued at approximately $974,000.

A number of other large investors also recently bought and sold shares of DTM. V Square Quantitative Management LLC purchased a new stake in DT Midstream during the fourth quarter worth $28,000. Richardson Financial Services Inc. grew its holdings in shares of DT Midstream by 62.7% during the fourth quarter. Richardson Financial Services Inc. now owns 244 shares of the company’s stock worth $29,000 after buying an additional 94 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in DT Midstream in the 4th quarter worth approximately $30,000. Western Wealth Management LLC acquired a new position in DT Midstream in the first quarter valued at $32,000. Finally, WFA of San Diego LLC purchased a new position in DT Midstream during the second quarter worth about $33,000. Hedge funds and other institutional investors own 81.53% of the company’s stock.

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.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on DTM shares. Wall Street Zen lowered shares of DT Midstream from a “hold” rating to a “sell” rating in a report on Saturday. The Goldman Sachs Group upped their price target on shares of DT Midstream from $111.00 to $127.00 and gave the stock a “sell” rating in a research report on Monday, April 20th. Barclays upped their target price on DT Midstream from $141.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Citigroup raised their price target on shares of DT Midstream from $156.00 to $169.00 and gave the company a “buy” rating in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. raised their price objective on DT Midstream from $146.00 to $154.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.08.

DT Midstream Price Performance

Shares of DTM opened at $138.13 on Friday. The stock’s fifty day moving average is $143.79 and its 200-day moving average is $137.80. The firm has a market capitalization of $14.09 billion, a price-to-earnings ratio of 30.23, a price-to-earnings-growth ratio of 2.97 and a beta of 0.71. DT Midstream, Inc. has a one year low of $99.81 and a one year high of $152.88. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.26 and a current ratio of 1.26.

DT Midstream (NYSE:DTM) last posted its quarterly earnings data 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 net margin of 35.72% and a return on equity of 9.61%. The company had revenue of $332.57 million for the quarter, compared to analyst estimates of $325.84 million. During the same quarter in the prior year, the business earned $1.04 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Equities analysts anticipate that DT Midstream, Inc. will post 4.77 EPS for the current year.

DT Midstream Announces Dividend

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

DT Midstream 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.