Sei Investments Co. Acquires 20,428 Shares of DT Midstream, Inc. $DTM

Sei Investments Co. raised its holdings in DT Midstream, Inc. (NYSE:DTM) by 41.7% during the first quarter, Holdings Channel reports. The institutional investor owned 69,406 shares of the company’s stock after buying an additional 20,428 shares during the quarter. Sei Investments Co.’s holdings in DT Midstream were worth $9,346,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Deutsche Bank AG increased its position in shares of DT Midstream by 6.9% during the fourth quarter. Deutsche Bank AG now owns 3,090,365 shares of the company’s stock worth $369,855,000 after acquiring an additional 200,114 shares in the last quarter. Tortoise Capital Advisors L.L.C. lifted its position in shares of DT Midstream by 10.6% during the 4th quarter. Tortoise Capital Advisors L.L.C. now owns 2,980,945 shares of the company’s stock worth $356,759,000 after buying an additional 285,770 shares in the last quarter. Geode Capital Management LLC lifted its holdings in DT Midstream by 4.6% during the fourth quarter. Geode Capital Management LLC now owns 2,407,612 shares of the company’s stock worth $288,191,000 after acquiring an additional 106,533 shares during the period. Invesco Ltd. raised its stake in shares of DT Midstream by 4.7% during the 4th quarter. Invesco Ltd. now owns 1,045,754 shares of the company’s stock worth $125,156,000 after purchasing an additional 47,030 shares during the period. Finally, Morgan Stanley boosted its stake in DT Midstream by 7.7% in the fourth quarter. Morgan Stanley now owns 1,041,197 shares of the company’s stock valued at $124,611,000 after acquiring an additional 74,355 shares during the last quarter. 81.53% of the stock is currently owned by institutional investors and hedge funds.

More DT Midstream News

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 Stock Performance

Shares of DTM stock opened at $138.13 on Friday. The stock has a market capitalization of $14.09 billion, a P/E ratio of 30.23, a PEG ratio of 2.99 and a beta of 0.71. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.68. The firm’s 50 day moving average is $143.79 and its 200 day moving average is $137.80. DT Midstream, Inc. has a 12 month low of $99.81 and a 12 month high of $152.88.

DT Midstream (NYSE:DTM) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.09 earnings per share 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 business had revenue of $332.57 million during the quarter, compared to analysts’ expectations of $325.84 million. During the same quarter in the prior year, the firm posted $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. On average, sell-side analysts anticipate that DT Midstream, Inc. will post 4.73 earnings per share for the current year.

DT Midstream Dividend Announcement

The business also recently disclosed 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. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Monday, September 21st. DT Midstream’s payout ratio is presently 77.88%.

Analyst Ratings Changes

Several equities analysts have weighed in on DTM shares. Raymond James Financial reissued an “outperform” rating and set a $158.00 price objective on shares of DT Midstream in a report on Thursday, April 30th. JPMorgan Chase & Co. boosted their target price on DT Midstream from $146.00 to $154.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Citigroup upped their price target on DT Midstream from $156.00 to $169.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Morgan Stanley increased their price target on DT Midstream from $165.00 to $170.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. Finally, The Goldman Sachs Group lifted their price objective on DT Midstream from $111.00 to $127.00 and gave the stock a “sell” rating in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $154.08.

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.