DT Midstream (NYSE:DTM) Updates FY 2025 Earnings Guidance

Key Points

• DT Midstream has issued FY 2025 earnings per share guidance of 4.050-4.450, slightly below the consensus estimate of 4.362.
• The company reported a net margin of 34.96% and a return on equity of 8.46% for the most recent quarter, with earnings per share meeting analysts' expectations.
• Institutional investors hold 81.53% of DT Midstream's stock, with several firms significantly increasing their positions in the first quarter of this year.

DT Midstream (NYSE:DTM - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 4.050-4.450 for the period, compared to the consensus EPS estimate of 4.362. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DTM. Morgan Stanley set a $115.00 target price on shares of DT Midstream and gave the stock an "underweight" rating in a research note on Tuesday, June 3rd. Barclays increased their price objective on shares of DT Midstream from $102.00 to $103.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 20th. US Capital Advisors cut shares of DT Midstream from a "moderate buy" rating to a "hold" rating in a research report on Monday, April 28th. Stifel Nicolaus increased their price objective on shares of DT Midstream from $102.00 to $108.00 and gave the stock a "buy" rating in a research report on Friday. Finally, Wells Fargo & Company increased their price objective on shares of DT Midstream from $108.00 to $117.00 and gave the stock an "overweight" rating in a research report on Friday. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $110.64.

DT Midstream Stock Up 2.9%

Shares of DT Midstream stock traded up $3.02 during trading hours on Friday, reaching $105.75. The company's stock had a trading volume of 1,275,524 shares, compared to its average volume of 742,782. DT Midstream has a one year low of $69.82 and a one year high of $114.50. The company has a market capitalization of $10.74 billion, a P/E ratio of 28.35, a P/E/G ratio of 1.86 and a beta of 0.77. The stock's fifty day simple moving average is $104.61 and its two-hundred day simple moving average is $100.80. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 0.82.

DT Midstream (NYSE:DTM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.06. DT Midstream had a net margin of 33.90% and a return on equity of 8.57%. The company had revenue of $299.00 million for the quarter, compared to analyst estimates of $295.70 million. During the same period last year, the firm earned $0.98 earnings per share. On average, research analysts forecast that DT Midstream will post 3.8 earnings per share for the current year.

DT Midstream Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 15th will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, September 15th. DT Midstream's dividend payout ratio (DPR) is presently 87.94%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of DT Midstream by 13.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 276,241 shares of the company's stock valued at $26,652,000 after purchasing an additional 31,894 shares in the last quarter. Royal Bank of Canada lifted its position in shares of DT Midstream by 21.6% during the first quarter. Royal Bank of Canada now owns 90,286 shares of the company's stock valued at $8,711,000 after purchasing an additional 16,043 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of DT Midstream by 1.6% during the first quarter. NewEdge Advisors LLC now owns 13,631 shares of the company's stock valued at $1,315,000 after purchasing an additional 218 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of DT Midstream by 39.3% during the first quarter. Geneos Wealth Management Inc. now owns 436 shares of the company's stock valued at $42,000 after purchasing an additional 123 shares in the last quarter. 81.53% of the stock is owned by institutional investors.

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.