Vanguard Group Inc. Sells 196,872 Shares of DT Midstream, Inc. $DTM

Key Points

• Vanguard Group sold 196,872 shares, trimming its stake to 11,078,802 shares (about 10.90% of DT Midstream) valued at roughly $1.33 billion after the quarter.
• Q1 results beat expectations—EPS $1.27 vs. $1.11 consensus and revenue $336M vs. $313.7M—however FY2026 guidance of $4.42–$4.82 (midpoint ~$4.62) sits slightly below analyst consensus and could limit upside.
• The board declared a quarterly dividend of $0.88 per share (annualized $3.52, ~2.4% yield), while analysts' average rating is a "Hold" with a $146.17 target.

Vanguard Group Inc. lowered its position in shares of DT Midstream, Inc. (NYSE:DTM - Free Report) by 1.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,078,802 shares of the company's stock after selling 196,872 shares during the quarter. Vanguard Group Inc. owned about 10.90% of DT Midstream worth $1,325,911,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. V Square Quantitative Management LLC bought a new position in DT Midstream in the 4th quarter valued at about $28,000. Richardson Financial Services Inc. grew its stake in shares of DT Midstream by 62.7% during the fourth quarter. Richardson Financial Services Inc. now owns 244 shares of the company's stock worth $29,000 after buying an additional 94 shares during the last quarter. Mather Group LLC. bought a new position in shares of DT Midstream in the 3rd quarter valued at $30,000. Centerpoint Advisors LLC boosted its stake in shares of DT Midstream by 198.9% during the third quarter. Centerpoint Advisors LLC now owns 269 shares of the company's stock valued at $30,000 after purchasing an additional 179 shares in the last quarter. Finally, First Horizon Corp bought a new position in shares of DT Midstream during the third quarter valued at $32,000. Institutional investors and hedge funds own 81.53% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on DTM shares. Wall Street Zen downgraded DT Midstream from a "hold" rating to a "sell" rating in a report on Saturday, March 28th. Jefferies Financial Group restated a "buy" rating on shares of DT Midstream in a report on Friday. Stifel Nicolaus set a $137.00 price objective on shares of DT Midstream and gave the company a "hold" rating in a research note on Monday, February 23rd. Mizuho increased their price objective on shares of DT Midstream from $108.00 to $129.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of DT Midstream in a report on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $146.17.

Key Stories Impacting DT Midstream

Here are the key news stories impacting DT Midstream this week:

• Positive Sentiment: Q1 results beat expectations — EPS $1.27 vs. $1.11 consensus and revenue $336M vs. $313.7M; adjusted EBITDA was $308M and net margin was robust, signaling strong operational performance. DT Midstream Reports Strong First Quarter 2026 Results
• Positive Sentiment: Board declared a quarterly dividend of $0.88 per share (annualized $3.52) — ex-dividend/record dates in June/July, implying a ~2.4% yield; supports income-focused investor demand.
• Neutral Sentiment: Company made earnings materials and the conference call available (press release, slide deck, call transcript) for investors to review management’s detail and outlook. Press Release PDF Slide Deck
• Neutral Sentiment: Media and analyst summaries published previews and snapshots of the quarter for broader market context. DT Midstream: Q1 Earnings Snapshot DT Midstream Inc (DTM) Q1 2026: Everything You Need To Know Ahead Of Earnings
• Negative Sentiment: FY 2026 EPS guidance of $4.420–$4.820 was issued and sits with a midpoint slightly below the current analyst consensus (~4.68). That modest shortfall could temper upside despite the quarter’s beat. DT Midstream Reports Strong First Quarter 2026 Results

Insider Activity

In other DT Midstream news, CFO Jeffrey A. Jewell purchased 185 shares of DT Midstream stock in a transaction that occurred on Wednesday, February 25th. The stock was acquired at an average price of $136.33 per share, with a total value of $25,221.05. Following the transaction, the chief financial officer owned 89,583 shares in the company, valued at $12,212,850.39. This trade represents a 0.21% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

DT Midstream Price Performance

Shares of NYSE DTM opened at $147.96 on Friday. The firm has a market capitalization of $15.09 billion, a P/E ratio of 34.33, a P/E/G ratio of 2.88 and a beta of 0.75. The firm's 50-day moving average price is $136.36 and its 200-day moving average price is $124.86. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.68. DT Midstream, Inc. has a 1-year low of $96.42 and a 1-year high of $149.52.

DT Midstream (NYSE:DTM - Get Free Report) last issued its 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. DT Midstream had a return on equity of 9.13% and a net margin of 35.48%.The business had revenue of $336.00 million during the quarter, compared to analyst estimates of $313.65 million. During the same period in the previous year, the company posted $1.06 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Equities research analysts anticipate that DT Midstream, Inc. will post 4.63 earnings per share for the current fiscal year.

DT Midstream Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, June 15th. DT Midstream's dividend payout ratio is presently 81.67%.

DT Midstream 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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