Amundi Boosts Stock Position in DT Midstream, Inc. $DTM

Key Points

• Amundi more than doubled its DT Midstream stake in the first quarter, increasing holdings by 114.4% to 19,508 shares valued at $2.63 million. Institutional investors collectively own 81.53% of the company.
• DT Midstream reported quarterly EPS of $1.09, missing analyst expectations of $1.17, while revenue of $332.57 million exceeded estimates. The company maintained 2026 EPS guidance of $4.42–$4.82.
• The company declared a quarterly dividend of $0.88 per share, equivalent to $3.52 annually and a 2.6% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $154.08.

Amundi raised its stake in shares of DT Midstream, Inc. (NYSE:DTM - Free Report) by 114.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,508 shares of the company's stock after purchasing an additional 10,409 shares during the period. Amundi's holdings in DT Midstream were worth $2,627,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Deutsche Bank AG raised its position in shares of DT Midstream by 6.9% in the fourth quarter. Deutsche Bank AG now owns 3,090,365 shares of the company's stock valued at $369,855,000 after buying an additional 200,114 shares during the last quarter. Tortoise Capital Advisors L.L.C. boosted its position in DT Midstream by 10.6% during the fourth quarter. Tortoise Capital Advisors L.L.C. now owns 2,980,945 shares of the company's stock worth $356,759,000 after acquiring an additional 285,770 shares during the last quarter. Geode Capital Management LLC grew 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 valued at $288,191,000 after acquiring an additional 106,533 shares in the last quarter. Invesco Ltd. grew its stake in DT Midstream by 4.7% during the 4th quarter. Invesco Ltd. now owns 1,045,754 shares of the company's stock valued at $125,156,000 after acquiring an additional 47,030 shares in the last quarter. Finally, Morgan Stanley raised its holdings in DT Midstream by 7.7% in the 4th quarter. Morgan Stanley now owns 1,041,197 shares of the company's stock valued at $124,611,000 after acquiring an additional 74,355 shares during the last quarter. Institutional investors and hedge funds own 81.53% of the company's stock.

DT Midstream Stock Performance

Shares of DTM stock opened at $133.08 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.68. The firm has a fifty day moving average price of $142.73 and a 200 day moving average price of $138.39. The company has a market cap of $13.58 billion, a P/E ratio of 29.12, a PEG ratio of 3.01 and a beta of 0.72. DT Midstream, Inc. has a 12 month low of $100.48 and a 12 month high of $152.88.

DT Midstream (NYSE:DTM - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.09 EPS for the quarter, missing the consensus estimate of $1.17 by ($0.08). The company 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 9.58%. During the same quarter in the prior year, the company earned $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Sell-side analysts predict that DT Midstream, Inc. will post 4.59 earnings per share for the current fiscal year.

DT Midstream Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Monday, September 21st will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $3.52 annualized dividend and a dividend yield of 2.6%. DT Midstream's dividend payout ratio (DPR) is currently 77.02%.

Analysts Set New Price Targets

Several research firms have recently commented on DTM. UBS Group lifted their price target on DT Midstream from $152.00 to $170.00 and gave the stock a "buy" rating in a report on Friday, May 15th. Scotiabank started coverage on shares of DT Midstream in a research note on Tuesday, May 26th. They issued an "outperform" rating and a $176.00 price target for the company. Mizuho cut their price target on shares of DT Midstream from $153.00 to $147.00 and set a "neutral" rating for the company in a report on Friday, July 31st. Raymond James Financial reiterated an "outperform" rating and issued a $158.00 price objective on shares of DT Midstream in a report on Thursday, April 30th. Finally, Weiss Ratings upgraded DT Midstream from a "buy (a-)" rating to a "buy (a)" rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $154.08.

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.

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