DT Midstream (NYSE:DTM) Downgraded by US Capital Advisors to Hold

DT Midstream (NYSE:DTM - Get Free Report) was downgraded by US Capital Advisors from an "overweight" rating to a "hold" rating in a research note issued to investors on Monday, Zacks.com reports. US Capital Advisors also issued estimates for DT Midstream's FY2026 earnings at $4.32 EPS.

DTM has been the subject of several other reports. Wolfe Research raised DT Midstream from an "underperform" rating to a "peer perform" rating in a research report on Tuesday, February 20th. Mizuho increased their price objective on DT Midstream from $57.00 to $65.00 and gave the company a "neutral" rating in a research report on Monday. Finally, Barclays increased their price objective on DT Midstream from $59.00 to $66.00 and gave the company an "overweight" rating in a research report on Friday, April 5th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $61.50.

DT Midstream Stock Performance

DT Midstream stock traded down $0.56 during trading hours on Monday, reaching $61.64. 827,247 shares of the company were exchanged, compared to its average volume of 693,748. The firm has a market cap of $5.99 billion, a price-to-earnings ratio of 15.60 and a beta of 0.73. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.72. The stock has a 50-day moving average of $60.35 and a 200 day moving average of $56.70. DT Midstream has a 12 month low of $45.10 and a 12 month high of $64.69.

DT Midstream (NYSE:DTM - Get Free Report) last announced its earnings results on Tuesday, April 30th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.04. The firm had revenue of $240.00 million during the quarter, compared to analysts' expectations of $242.62 million. DT Midstream had a return on equity of 9.11% and a net margin of 41.65%. During the same quarter in the prior year, the business earned $0.84 earnings per share. As a group, research analysts anticipate that DT Midstream will post 3.95 earnings per share for the current year.

Insider Activity at DT Midstream

In other news, Director Robert C. Skaggs, Jr. bought 1,000 shares of the business's stock in a transaction that occurred on Monday, February 26th. The stock was acquired at an average cost of $56.87 per share, for a total transaction of $56,870.00. Following the completion of the purchase, the director now owns 37,289 shares of the company's stock, valued at approximately $2,120,625.43. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On DT Midstream

Hedge funds and other institutional investors have recently bought and sold shares of the business. HHM Wealth Advisors LLC bought a new position in shares of DT Midstream in the fourth quarter worth about $25,000. Wetzel Investment Advisors Inc. bought a new position in DT Midstream during the 4th quarter worth approximately $25,000. Mather Group LLC. bought a new position in DT Midstream during the 1st quarter worth approximately $29,000. ICA Group Wealth Management LLC bought a new position in DT Midstream in the fourth quarter valued at approximately $32,000. Finally, Burkett Financial Services LLC bought a new position in DT Midstream in the fourth quarter valued at approximately $42,000. 81.53% of the stock is owned by institutional investors and hedge funds.

DT Midstream Company Profile

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.