DT Midstream (DTM) – Analysts’ Weekly Ratings Changes
by Amy Steele · The Cerbat GemDT Midstream (NYSE: DTM) recently received a number of ratings updates from brokerages and research firms:
- 4/7/2025 – DT Midstream was upgraded by analysts at US Capital Advisors from a “hold” rating to a “moderate buy” rating.
- 3/27/2025 – DT Midstream had its price target raised by analysts at UBS Group AG from $102.00 to $115.00. They now have a “buy” rating on the stock.
- 3/25/2025 – DT Midstream had its price target raised by analysts at Morgan Stanley from $92.00 to $105.00. They now have an “underweight” rating on the stock.
- 3/24/2025 – DT Midstream was given a new $110.00 price target on by analysts at Williams Trading.
- 3/24/2025 – DT Midstream is now covered by analysts at Bank of America Co.. They set a “buy” rating and a $110.00 price target on the stock.
- 3/21/2025 – DT Midstream had its price target lowered by analysts at Barclays PLC from $112.00 to $107.00. They now have an “equal weight” rating on the stock.
- 3/12/2025 – DT Midstream is now covered by analysts at UBS Group AG. They set a “buy” rating and a $102.00 price target on the stock.
- 2/28/2025 – DT Midstream had its price target lowered by analysts at Wells Fargo & Company from $118.00 to $108.00. They now have an “overweight” rating on the stock.
- 2/27/2025 – DT Midstream had its price target lowered by analysts at Stifel Nicolaus from $106.00 to $102.00. They now have a “buy” rating on the stock.
DT Midstream Stock Up 2.4 %
Shares of NYSE DTM traded up $2.18 during trading hours on Friday, hitting $92.23. The stock had a trading volume of 468,746 shares, compared to its average volume of 843,310. The firm’s 50-day moving average price is $96.11 and its two-hundred day moving average price is $96.94. DT Midstream, Inc. has a 52 week low of $61.01 and a 52 week high of $114.50. The company has a market capitalization of $9.37 billion, a P/E ratio of 22.44 and a beta of 0.77. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.95 and a current ratio of 0.95.
DT Midstream Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 17th will be given a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 3.56%. This is an increase from DT Midstream’s previous quarterly dividend of $0.74. The ex-dividend date is Monday, March 17th. DT Midstream’s payout ratio is currently 91.11%.
Insider Transactions at DT Midstream
In related news, Director Robert C. Skaggs, Jr. purchased 1,000 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was bought at an average price of $86.92 per share, for a total transaction of $86,920.00. Following the purchase, the director now owns 38,653 shares in the company, valued at $3,359,718.76. The trade was a 2.66 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have acquired a total of 1,170 shares of company stock worth $103,357 in the last 90 days. 0.04% of the stock is owned by insiders.
Institutional Investors Weigh In On DT Midstream
Several institutional investors and hedge funds have recently added to or reduced their stakes in DTM. Secure Asset Management LLC raised its position in shares of DT Midstream by 6.8% in the first quarter. Secure Asset Management LLC now owns 2,470 shares of the company’s stock valued at $238,000 after purchasing an additional 157 shares during the period. Merit Financial Group LLC grew its stake in DT Midstream by 15.1% in the 1st quarter. Merit Financial Group LLC now owns 5,308 shares of the company’s stock valued at $512,000 after buying an additional 697 shares during the last quarter. Hummer Financial Advisory Services Inc bought a new position in DT Midstream in the 1st quarter worth $215,000. NBC Securities Inc. lifted its position in DT Midstream by 103,155.6% during the 1st quarter. NBC Securities Inc. now owns 55,758 shares of the company’s stock worth $5,379,000 after acquiring an additional 55,704 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC bought a new stake in DT Midstream during the first quarter valued at about $315,000. 81.53% of the stock is currently owned by institutional investors and hedge funds.
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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