Capital Innovations LLC Takes $6.49 Million Position in DT Midstream, Inc. $DTM

Capital Innovations LLC purchased a new stake in DT Midstream, Inc. (NYSE:DTM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 54,239 shares of the company’s stock, valued at approximately $6,491,000. DT Midstream accounts for 1.8% of Capital Innovations LLC’s investment portfolio, making the stock its 22nd biggest position.

A number of other large investors also recently made changes to their positions in the stock. 59 North Capital Management LP lifted its stake in shares of DT Midstream by 49.0% in the 3rd quarter. 59 North Capital Management LP now owns 3,074,081 shares of the company’s stock valued at $347,556,000 after purchasing an additional 1,010,965 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of DT Midstream by 3.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,668,447 shares of the company’s stock valued at $301,695,000 after purchasing an additional 99,602 shares during the period. Geode Capital Management LLC raised its stake in DT Midstream by 4.6% during the 4th quarter. Geode Capital Management LLC now owns 2,407,612 shares of the company’s stock worth $288,191,000 after buying an additional 106,533 shares during the period. Merewether Investment Management LP raised its stake in DT Midstream by 192.4% during the 3rd quarter. Merewether Investment Management LP now owns 1,000,600 shares of the company’s stock worth $113,128,000 after buying an additional 658,400 shares during the period. Finally, Norges Bank acquired a new stake in DT Midstream during the 4th quarter worth $115,715,000. Institutional investors and hedge funds 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: US Capital Advisors raised earnings estimates across multiple periods for DT Midstream, including FY2026 to $4.86 EPS, FY2027 to $5.23 EPS, and FY2028 to $5.50 EPS, signaling expectations for stronger profitability ahead.
• Positive Sentiment: Scotiabank reiterated an Outperform rating and maintained a $176 price target, while also projecting FY2026 and FY2027 earnings above consensus, reinforcing a bullish outlook.
• Positive Sentiment: Broader midstream sector coverage highlighted robust natural gas backlogs and growing demand from LNG exports and power needs, including data centers, which supports long-term growth visibility for gas-focused pipeline companies like DT Midstream. Midstream: Robust Gas Backlogs Drive Growth Visibility
• Neutral Sentiment: The current wave of updates is focused on forward estimates rather than new company-reported results, so investors are reacting mainly to improving outlooks rather than fresh operating news.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DTM. Jefferies Financial Group reaffirmed a “buy” rating and set a $166.00 price target on shares of DT Midstream in a research report on Friday, May 1st. Stifel Nicolaus set a $137.00 target price on DT Midstream and gave the stock a “hold” rating in a research note on Monday, February 23rd. JPMorgan Chase & Co. increased their target price on DT Midstream from $126.00 to $142.00 and gave the stock a “neutral” rating in a research note on Thursday, March 5th. Weiss Ratings cut DT Midstream from a “buy (a)” rating to a “buy (a-)” rating in a research note on Wednesday, May 20th. Finally, UBS Group increased their target price on DT Midstream from $152.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. One 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 given a Sell rating to the stock. Based on data from MarketBeat.com, DT Midstream presently has an average rating of “Moderate Buy” and a consensus price target of $154.46.

DT Midstream Stock Performance

DTM opened at $141.47 on Wednesday. The business’s 50-day moving average price is $139.50 and its two-hundred day moving average price is $130.22. DT Midstream, Inc. has a 1 year low of $98.06 and a 1 year high of $152.88. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of 31.30, a P/E/G ratio of 3.01 and a beta of 0.72. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.26 and a quick ratio of 1.26.

DT Midstream (NYSE:DTM) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.16. DT Midstream had a return on equity of 9.53% and a net margin of 36.28%.The firm had revenue of $336.00 million for the quarter, compared to the consensus estimate of $313.65 million. During the same quarter last year, the business posted $1.06 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Equities analysts expect that DT Midstream, Inc. will post 4.75 EPS for the current fiscal year.

DT Midstream Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.52 annualized dividend and a dividend yield of 2.5%. DT Midstream’s dividend payout ratio (DPR) is currently 77.88%.

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.