DT Midstream (NYSE:DTM) Given New $167.00 Price Target at Wells Fargo & Company

DT Midstream (NYSE:DTM) had its price objective boosted by Wells Fargo & Company from $165.00 to $167.00 in a research note published on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other research firms have also recently commented on DTM. Morgan Stanley decreased their target price on shares of DT Midstream from $170.00 to $164.00 and set an “overweight” rating for the company in a research report on Wednesday, October 21st. JPMorgan Chase & Co. lifted their price target on DT Midstream from $146.00 to $154.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Barclays reduced their price objective on DT Midstream from $143.00 to $142.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 6th. Weiss Ratings lowered DT Midstream from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, August 21st. Finally, Mizuho lowered their target price on DT Midstream from $153.00 to $147.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, DT Midstream has an average rating of “Moderate Buy” and an average target price of $151.50.

DT Midstream Stock Performance

Shares of DTM opened at $124.52 on Friday. DT Midstream has a 1 year low of $108.13 and a 1 year high of $152.88. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 27.07, a price-to-earnings-growth ratio of 1.77 and a beta of 0.72. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.37 and a current ratio of 1.37. The firm has a fifty day moving average of $125.67 and a 200-day moving average of $134.62.

DT Midstream (NYSE:DTM) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.16 EPS for the quarter, topping the consensus estimate of $1.13 by $0.03. DT Midstream had a net margin of 35.36% and a return on equity of 9.62%. The business had revenue of $336.00 million during the quarter, compared to analyst estimates of $337.63 million. During the same quarter in the prior year, the firm earned $1.13 earnings per share. As a group, equities analysts anticipate that DT Midstream will post 4.68 earnings per share for the current year.

DT Midstream Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Tuesday, December 15th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, December 15th. DT Midstream’s dividend payout ratio (DPR) is 76.52%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp lifted its position in shares of DT Midstream by 0.4% in the first quarter. Bank of New York Mellon Corp now owns 892,353 shares of the company’s stock worth $120,173,000 after purchasing an additional 3,689 shares in the last quarter. Chickasaw Capital Management LLC grew its position in DT Midstream by 38.0% during the third quarter. Chickasaw Capital Management LLC now owns 522,558 shares of the company’s stock valued at $62,430,000 after purchasing an additional 143,766 shares in the last quarter. Energy Income Partners LLC grew its position in DT Midstream by 1.0% during the first quarter. Energy Income Partners LLC now owns 429,858 shares of the company’s stock valued at $57,889,000 after purchasing an additional 4,189 shares in the last quarter. Recurrent Investment Advisors LLC increased its stake in DT Midstream by 0.4% in the 1st quarter. Recurrent Investment Advisors LLC now owns 355,156 shares of the company’s stock valued at $47,829,000 after buying an additional 1,370 shares during the period. Finally, First Trust Advisors LP increased its stake in DT Midstream by 5.7% in the 1st quarter. First Trust Advisors LP now owns 350,989 shares of the company’s stock valued at $47,268,000 after buying an additional 18,843 shares during the period. Hedge funds and other institutional investors own 81.53% of the company’s stock.

Key Stories Impacting DT Midstream

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

• Positive Sentiment: Third-quarter adjusted EPS was $1.16, exceeding the $1.13 analyst consensus, while adjusted EBITDA reached $301 million. Net income was $118 million, or $1.16 per diluted share. DT Midstream Reports Strong Third Quarter 2026 Results; Raises Adjusted EBITDA Guidance
• Positive Sentiment: Management raised its 2026 adjusted EBITDA guidance to $1.185 billion-$1.225 billion and sanctioned approximately $400 million of new projects, signaling confidence in growth and future contracted cash flow. DT Midstream raises 2026 adjusted EBITDA guidance
• Positive Sentiment: Wells Fargo raised its price target from $165 to $167 and maintained an “overweight” rating, implying substantial potential upside from recent trading levels. Wells Fargo raises DT Midstream price target
• Positive Sentiment: DTM declared a quarterly dividend of $0.88 per share, equivalent to $3.52 annually and an indicated yield of approximately 2.8%, supporting the stock’s income appeal. DT Midstream declares dividend
• Neutral Sentiment: Revenue was $336 million, slightly below the $337.6 million consensus estimate, although profitability remained strong with a 35.7% net margin.
• Negative Sentiment: The company narrowed its 2026 operating EPS outlook, while US Capital Advisors reduced its FY2028 EPS estimate to $5.55 from $5.62. These revisions may temper enthusiasm despite the EBITDA increase.

DT Midstream Company Profile

DT Midstream, Inc (NYSE: DTM) is an independent North American energy company focused on the transportation, storage and gathering of natural gas. The company owns and operates interstate and intrastate pipeline systems, natural gas storage facilities, and gathering and processing infrastructure that connect producers with utilities, power generators, industrial customers and other energy markets.

DT Midstream’s operations are concentrated in the United States, including the Midwest, Northeast and Gulf Coast regions.