UBS Group AG Buys 44,233 Shares of DT Midstream, Inc. $DTM

Key Points

• UBS Group AG boosted its stake in DT Midstream by 9.1%, buying 44,233 shares to hold 528,575 shares (about 0.52% of the company) valued at roughly $63.26 million at quarter-end.
• DT Midstream beat quarterly estimates with EPS of $1.27 versus $1.11 expected and revenue of $336M versus $313.65M, and set FY2026 guidance of 4.420–4.820 EPS; analysts' consensus rating is a "Hold" with a $148.75 target.
• The company declared a quarterly dividend of $0.88 ($3.52 annualized), implying a 2.4% yield and a 77.9% payout ratio, with an ex-dividend date of June 15 and payment on July 15.

UBS Group AG boosted its stake in DT Midstream, Inc. (NYSE:DTM - Free Report) by 9.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 528,575 shares of the company's stock after acquiring an additional 44,233 shares during the period. UBS Group AG owned 0.52% of DT Midstream worth $63,260,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Richardson Financial Services Inc. boosted its holdings in DT Midstream by 62.7% in the fourth quarter. Richardson Financial Services Inc. now owns 244 shares of the company's stock valued at $29,000 after acquiring an additional 94 shares during the last quarter. Pathstone Holdings LLC boosted its holdings in DT Midstream by 0.3% in the third quarter. Pathstone Holdings LLC now owns 28,322 shares of the company's stock valued at $3,215,000 after acquiring an additional 97 shares during the last quarter. Cresset Asset Management LLC boosted its holdings in DT Midstream by 1.7% in the third quarter. Cresset Asset Management LLC now owns 6,408 shares of the company's stock valued at $730,000 after acquiring an additional 108 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC boosted its holdings in DT Midstream by 6.3% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 1,997 shares of the company's stock valued at $226,000 after acquiring an additional 119 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in DT Midstream by 39.3% in the first quarter. Geneos Wealth Management Inc. now owns 436 shares of the company's stock valued at $42,000 after acquiring an additional 123 shares during the last quarter. 81.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group lifted their target price on DT Midstream from $111.00 to $127.00 and gave the stock a "sell" rating in a report on Monday, April 20th. JPMorgan Chase & Co. lifted their target price on DT Midstream from $126.00 to $142.00 and gave the stock a "neutral" rating in a report on Thursday, March 5th. Barclays lifted their target price on DT Midstream from $141.00 to $143.00 and gave the stock an "equal weight" rating in a report on Friday. UBS Group lifted their target price on DT Midstream from $128.00 to $152.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Finally, Wall Street Zen upgraded DT Midstream from a "sell" rating to a "hold" rating in a report on Saturday. Seven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $148.75.

DT Midstream Stock Performance

Shares of DTM stock opened at $147.11 on Tuesday. The firm has a market capitalization of $15.01 billion, a PE ratio of 32.55, a price-to-earnings-growth ratio of 2.97 and a beta of 0.75. The firm has a fifty day simple moving average of $136.36 and a two-hundred day simple moving average of $125.07. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.68. DT Midstream, Inc. has a 12 month low of $98.06 and a 12 month high of $150.45.

DT Midstream (NYSE:DTM - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.27 EPS for the quarter, beating analysts' consensus estimates of $1.11 by $0.16. The business had revenue of $336.00 million during the quarter, compared to analyst estimates of $313.65 million. DT Midstream had a net margin of 36.28% and a return on equity of 9.53%. During the same quarter in the previous year, the business posted $1.06 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Analysts forecast that DT Midstream, Inc. will post 4.76 EPS for the current fiscal year.

DT Midstream Announces Dividend

The firm 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 dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, June 15th. DT Midstream's payout ratio is 77.88%.

Insider Transactions at DT Midstream

In related news, CFO Jeffrey A. Jewell purchased 185 shares of the firm's stock in a transaction that occurred on Wednesday, February 25th. The stock was acquired at an average price of $136.33 per share, for a total transaction of $25,221.05. Following the completion of the acquisition, the chief financial officer owned 89,583 shares of the company's stock, valued at $12,212,850.39. This represents a 0.21% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.54% of the company's stock.

DT Midstream Company Profile

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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