Chickasaw Capital Management LLC Boosts Stock Holdings in DT Midstream, Inc. $DTM

Key Points

• Chickasaw Capital Management increased its DT Midstream stake by 38% in the third quarter, purchasing 143,766 additional shares to reach 522,558 shares valued at approximately $62.4 million. Institutional investors collectively own 81.53% of the company.
• DT Midstream reported quarterly revenue of $332.6 million, exceeding expectations, but earnings per share of $1.09 fell short of the $1.17 consensus estimate. The company issued fiscal 2026 EPS guidance of $4.42–$4.82.
• The company declared a quarterly dividend of $0.88 per share, equivalent to an annualized $3.52 payout and a 2.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $152.07.

Chickasaw Capital Management LLC increased its stake in DT Midstream, Inc. (NYSE:DTM - Free Report) by 38.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 522,558 shares of the company's stock after buying an additional 143,766 shares during the period. DT Midstream accounts for about 2.2% of Chickasaw Capital Management LLC's portfolio, making the stock its 10th largest position. Chickasaw Capital Management LLC owned 0.51% of DT Midstream worth $62,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in DT Midstream in the 4th quarter worth about $30,000. Western Wealth Management LLC purchased a new stake in shares of DT Midstream in the first quarter valued at approximately $32,000. Premier Financial Group bought a new position in DT Midstream in the second quarter worth approximately $33,000. Commonwealth Retirement Investments LLC bought a new position in DT Midstream in the fourth quarter worth approximately $36,000. Finally, Continuum Advisory LLC purchased a new position in DT Midstream during the 2nd quarter worth $36,000. Institutional investors own 81.53% of the company's stock.

DT Midstream Trading Down 1.4%

Shares of NYSE:DTM opened at $122.89 on Thursday. The company has a market capitalization of $12.54 billion, a PE ratio of 26.89, a P/E/G ratio of 3.47 and a beta of 0.72. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.68. DT Midstream, Inc. has a 12-month low of $104.99 and a 12-month high of $152.88. The business's fifty day simple moving average is $129.03 and its 200-day simple moving average is $137.13.

DT Midstream (NYSE:DTM - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.09 earnings per share for the quarter, missing analysts' consensus estimates of $1.17 by ($0.08). DT Midstream had a return on equity of 9.58% and a net margin of 35.72%.The company had revenue of $332.57 million for the quarter, compared to analysts' expectations of $325.84 million. During the same quarter last year, the company earned $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. As a group, equities research analysts predict that DT Midstream, Inc. will post 4.59 earnings per share for the current fiscal year.

DT Midstream Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, September 21st will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, September 21st. DT Midstream's dividend payout ratio is presently 77.02%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DTM shares. Mizuho decreased their target price on DT Midstream from $153.00 to $147.00 and set a "neutral" rating for the company in a research report on Friday, July 31st. Morgan Stanley raised DT Midstream from an "equal weight" rating to an "overweight" rating and set a $170.00 price target on the stock in a research report on Wednesday, September 9th. Barclays decreased their price objective on DT Midstream from $143.00 to $142.00 and set an "equal weight" rating for the company in a report on Tuesday. Weiss Ratings cut shares of DT Midstream from a "buy (b+)" rating to a "buy (b)" rating in a report on Friday, August 21st. Finally, Wolfe Research raised shares of DT Midstream from a "peer perform" rating to an "outperform" rating and set a $145.00 target price on the stock in a research report on Wednesday, August 26th. Ten investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $152.07.

DT Midstream Profile

DT Midstream, Inc is an independent energy company focused on developing, owning and operating natural gas infrastructure in the United States. Its business includes interstate and intrastate natural gas transportation, gathering and storage, providing critical connections between producers, utilities, power generators and other energy customers.

The company operates a portfolio of natural gas pipelines and gathering systems serving key producing and consuming regions, including the Midwest, Northeast, Mid-Atlantic and Gulf Coast.

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