DT Midstream, Inc. (NYSE:DTM – Free Report) – US Capital Advisors lifted their FY2026 earnings estimates for DT Midstream in a note issued to investors on Monday, February 3rd. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings per share of $4.57 for the year, up from their prior estimate of $4.56. The consensus estimate for DT Midstream’s current full-year earnings is $3.80 per share.
A number of other brokerages have also recently commented on DTM. Citigroup raised shares of DT Midstream from a “neutral” rating to a “buy” rating and upped their target price for the company from $90.00 to $115.00 in a report on Thursday, November 21st. The Goldman Sachs Group increased their price objective on DT Midstream from $74.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 19th. Morgan Stanley boosted their target price on DT Midstream from $82.00 to $92.00 and gave the company an “underweight” rating in a report on Friday, October 25th. Wells Fargo & Company increased their price target on DT Midstream from $87.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Finally, JPMorgan Chase & Co. upped their price objective on shares of DT Midstream from $109.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, DT Midstream has an average rating of “Hold” and an average target price of $101.56.
DT Midstream Stock Down 0.3 %
DTM stock opened at $101.30 on Wednesday. DT Midstream has a 12 month low of $51.17 and a 12 month high of $114.50. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market cap of $9.84 billion, a price-to-earnings ratio of 24.65 and a beta of 0.79. The company has a fifty day moving average price of $103.39 and a 200 day moving average price of $90.16.
Institutional Trading of DT Midstream
A number of institutional investors have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc boosted its stake in shares of DT Midstream by 106.7% during the 4th quarter. AdvisorNet Financial Inc now owns 310 shares of the company’s stock worth $31,000 after acquiring an additional 160 shares in the last quarter. UMB Bank n.a. raised its holdings in DT Midstream by 324.3% during the third quarter. UMB Bank n.a. now owns 314 shares of the company’s stock worth $25,000 after purchasing an additional 240 shares during the last quarter. Sound Income Strategies LLC boosted its position in DT Midstream by 93.7% during the fourth quarter. Sound Income Strategies LLC now owns 337 shares of the company’s stock worth $34,000 after purchasing an additional 163 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in DT Midstream during the third quarter worth $29,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in DT Midstream in the third quarter valued at $29,000. Hedge funds and other institutional investors own 81.53% of the company’s stock.
About DT Midstream
DT Midstream, Inc, together with its subsidiaries, provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. The Pipeline segment owns and operates interstate and intrastate natural gas pipelines, storage systems, and natural gas gathering lateral pipelines.
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