--- title: "Algert Global LLC Boosts Stock Holdings in DT Midstream, Inc. $DTM" type: "News" locale: "en" url: "https://longbridge.com/en/news/297416391.md" description: "Algert Global LLC increased its stake in DT Midstream (DTM) by 23.2% in Q2, holding 57,553 shares valued at $1.64 million. Other institutions like BlackRock and JB Capital also initiated positions. Analysts maintain a 'Moderate Buy' consensus with a $153.43 target price. DTM recently reported Q3 EPS of $1.09, missing estimates, while announcing a $0.88 quarterly dividend." datetime: "2026-08-30T07:04:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297416391.md) - [en](https://longbridge.com/en/news/297416391.md) - [zh-HK](https://longbridge.com/zh-HK/news/297416391.md) generator: "portal-rs" --- # Algert Global LLC Boosts Stock Holdings in DT Midstream, Inc. $DTM Algert Global LLC raised its stake in DT Midstream, Inc. (NYSE:DTM - Free Report) by 23.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 57,553 shares of the company's stock after purchasing an additional 10,842 shares during the quarter. Algert Global LLC owned about 0.06% of DT Midstream worth $1,639,000 at the end of the most recent quarter. - 3 Stocks Flashing Rare Buy Signals After the Market's Wildest Month A number of other hedge funds also recently made changes to their positions in DTM. JB Capital Partners LP purchased a new stake in shares of DT Midstream during the 2nd quarter valued at $745,179,000. Great Lakes Advisors LLC purchased a new position in shares of DT Midstream in the 2nd quarter worth $544,000. BlackRock Inc. purchased a new position in shares of DT Midstream in the 2nd quarter worth $18,758,000. Deutsche Bank AG acquired a new position in DT Midstream in the second quarter valued at $250,000. Finally, Bank of New York Mellon Corp acquired a new position in DT Midstream in the second quarter valued at $637,000. Institutional investors and hedge funds own 81.53% of the company's stock. ## Wall Street Analyst Weigh In Several equities research analysts have commented on DTM shares. Citigroup upped their price target on DT Midstream from $156.00 to $169.00 and gave the stock a "buy" rating in a research note on Monday, May 4th. Jefferies Financial Group set a $155.00 price objective on DT Midstream in a research note on Friday, July 31st. Wall Street Zen cut DT Midstream from a "hold" rating to a "sell" rating in a report on Saturday, August 1st. Wolfe Research raised shares of DT Midstream from a "peer perform" rating to an "outperform" rating and set a $145.00 target price for the company in a research report on Wednesday. Finally, Mizuho cut their price target on shares of DT Midstream from $153.00 to $147.00 and set a "neutral" rating on the stock in a report on Friday, July 31st. Nine analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, DT Midstream has a consensus rating of "Moderate Buy" and a consensus price target of $153.43. **View Our Latest Report on DTM** ## DT Midstream Price Performance Shares of NYSE DTM opened at $129.57 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.37 and a quick ratio of 1.37. DT Midstream, Inc. has a 1-year low of $101.72 and a 1-year high of $152.88. The company has a market capitalization of $13.22 billion, a price-to-earnings ratio of 28.35, a PEG ratio of 3.64 and a beta of 0.72. The business has a 50-day moving average of $139.80 and a 200-day moving average of $139.21. DT Midstream (NYSE:DTM - Get Free Report) last announced its 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 for 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 previous year, the business posted $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. On average, equities analysts anticipate that DT Midstream, Inc. will post 4.55 EPS for the current fiscal year. ## DT Midstream Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, September 21st will be paid a $0.88 dividend. The ex-dividend date is Monday, September 21st. This represents a $3.52 annualized dividend and a dividend yield of 2.7%. DT Midstream's dividend payout ratio is 77.02%. ## DT Midstream Profile (Free Report) 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. ## Featured Stories - Five stocks we like better than DT Midstream - From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens - These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash - Venture Into High-Volatility Corners of the Market With These 3 ETFs - 3 Retail Stocks to Watch After a Big Consumer Earnings Week **Want to see what other hedge funds are holding DTM?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DT Midstream, Inc. (NYSE:DTM - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in DT Midstream Right Now? Before you consider DT Midstream, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DT Midstream wasn't on the list. While DT Midstream currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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