DT Midstream (NYSE:DTM) Issues FY 2026 Earnings Guidance

DT Midstream (NYSE:DTM) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 4.420-4.820 for the period, compared to the consensus EPS estimate of 4.780. The company issued revenue guidance of -.

DT Midstream Stock Performance

Shares of DTM stock opened at $138.13 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.26 and a current ratio of 1.26. The company’s 50-day moving average is $143.79 and its 200 day moving average is $137.80. DT Midstream has a one year low of $99.81 and a one year high of $152.88. The company 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 (NYSE:DTM) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.09 EPS for the quarter, missing the consensus estimate of $1.17 by ($0.08). The business had revenue of $332.57 million during the quarter, compared to analysts’ expectations of $325.84 million. DT Midstream had a net margin of 35.72% and a return on equity of 9.61%. During the same quarter in the previous year, the firm earned $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Sell-side analysts expect that DT Midstream will post 4.77 EPS for the current fiscal year.

DT Midstream Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Monday, September 21st. DT Midstream’s dividend payout ratio (DPR) is presently 77.88%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Scotiabank began coverage on DT Midstream in a research report on Tuesday, May 26th. They set an “outperform” rating and a $176.00 price target for the company. Jefferies Financial Group set a $155.00 target price on DT Midstream in a report on Friday. Barclays increased their target price on shares of DT Midstream from $141.00 to $143.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. Weiss Ratings raised DT Midstream from a “buy (a-)” rating to a “buy (a)” rating in a report on Friday, July 24th. Finally, Mizuho lowered their price objective on DT Midstream from $153.00 to $147.00 and set a “neutral” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, DT Midstream presently has an average rating of “Moderate Buy” and a consensus target price of $154.08.

DT Midstream News Summary

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.

Institutional Trading of DT Midstream

Several hedge funds and other institutional investors have recently modified their holdings of DTM. Merewether Investment Management LP lifted its holdings in shares of DT Midstream by 192.4% in the 3rd quarter. Merewether Investment Management LP now owns 1,000,600 shares of the company’s stock worth $113,128,000 after acquiring an additional 658,400 shares during the last quarter. Clark Capital Management Group Inc. boosted its holdings in DT Midstream by 414.2% in the fourth quarter. Clark Capital Management Group Inc. now owns 367,901 shares of the company’s stock valued at $44,030,000 after purchasing an additional 296,348 shares during the period. Tortoise Capital Advisors L.L.C. increased its holdings in 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 purchasing an additional 285,770 shares during the period. Millennium Management LLC raised its holdings in DT Midstream by 838.1% in the third quarter. Millennium Management LLC now owns 280,370 shares of the company’s stock valued at $31,699,000 after acquiring an additional 250,483 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of DT Midstream by 41.7% during the 2nd quarter. Bank of America Corp DE now owns 754,518 shares of the company’s stock worth $82,929,000 after purchasing an additional 222,047 shares during the last quarter. 81.53% of the stock is currently owned by hedge funds and other institutional investors.

About DT Midstream

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.