<div id="readability-page-1"><p>Bank of New York Mellon Corp lessened its holdings in  DT Midstream, Inc. (NYSE:DTM - Free Report) by 2.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 999,257 shares of the company's stock after selling 27,729 shares during the quarter. Bank of New York Mellon Corp owned 0.98% of DT Midstream worth $109,828,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><p>Other hedge funds also recently made changes to their positions in the company. Ballentine Partners LLC boosted its holdings in shares of  DT Midstream by 4.2% in the 2nd quarter. Ballentine Partners LLC now owns 2,604 shares of the company's stock worth $286,000 after buying an additional 106 shares during the last quarter.  Independent Advisor Alliance boosted its stake in  DT Midstream by 2.5% in the first quarter. Independent Advisor Alliance now owns 4,713 shares of the company's stock valued at $455,000 after acquiring an additional 117 shares during the last quarter.  Geneos Wealth Management Inc. grew its position in shares of  DT Midstream by 39.3% during the 1st 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 period.  Applied Finance Capital Management LLC increased its stake in shares of  DT Midstream by 6.5% during the 1st quarter. Applied Finance Capital Management LLC now owns 2,410 shares of the company's stock worth $233,000 after purchasing an additional 147 shares during the last quarter.  Finally, Atria Wealth Solutions Inc. raised its holdings in shares of  DT Midstream by 2.6% in the 1st quarter. Atria Wealth Solutions Inc. now owns 7,104 shares of the company's stock worth $687,000 after purchasing an additional 181 shares during the period. 81.53% of the stock is currently owned by institutional investors. </p><h2>DT Midstream Stock Performance</h2><p>Shares of DTM opened at $113.87 on Friday. DT Midstream, Inc. has a 52-week low of $83.30 and a 52-week high of $115.80. The stock's 50-day simple moving average is $109.19 and its 200 day simple moving average is $105.37. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market capitalization of $11.58 billion, a price-to-earnings ratio of 28.75, a price-to-earnings-growth ratio of 2.38 and a beta of 0.77. </p><p>DT Midstream (NYSE:DTM - Get Free Report) last posted its earnings results on Thursday, October 30th. The company reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $1.03 by $0.10. DT Midstream had a return on equity of 8.83% and a net margin of 34.30%.The business had revenue of $309.16 million during the quarter, compared to analyst estimates of $309.21 million. During the same quarter in the previous year, the firm earned $0.90 EPS.  DT Midstream has set its FY 2025 guidance at 4.150-4.450 EPS. Research analysts forecast that  DT Midstream, Inc. will post 3.8 EPS for the current fiscal year. </p><h2>DT Midstream Announces Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, December 15th. DT Midstream's dividend payout ratio  is 82.83%. </p><h2>Insider Transactions at DT Midstream</h2><p>In other DT Midstream news, VP Melissa Cox sold 4,755 shares of the firm's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $104.47, for a total value of $496,754.85. Following the completion of the transaction, the vice president directly owned 5,171 shares of the company's stock, valued at $540,214.37. This trade represents a 47.90% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at this link. 0.34% of the stock is owned by corporate insiders. </p><h2>Wall Street Analysts Forecast Growth</h2><p>DTM has been the subject of several research reports. Jefferies Financial Group initiated coverage on DT Midstream in a report on Monday. They set a &#34;buy&#34; rating and a $125.00 price objective for the company. Wells Fargo &amp; Company increased their price target on DT Midstream from $108.00 to $117.00 and gave the stock an &#34;overweight&#34; rating in a research note on Friday, August 1st. Citigroup boosted their price objective on DT Midstream from $115.00 to $130.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, October 9th. Stifel Nicolaus upped their price objective on shares of DT Midstream from $119.00 to $121.00 and gave the company a &#34;buy&#34; rating in a report on Friday, October 31st. Finally, Mizuho lifted their target price on shares of DT Midstream from $105.00 to $108.00 and gave the stock a &#34;neutral&#34; rating in a research note on Friday, August 29th. Eight equities research analysts have rated the stock with a Buy rating, four have issued  a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, DT Midstream presently has a consensus rating of &#34;Hold&#34; and a consensus price target of $116.00.</p><p><b>Read Our Latest Stock Report on DT Midstream</b></p><h2>About DT Midstream</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than DT Midstream</li><li>What Do S&amp;P 500 Stocks Tell Investors About the Market? </li><li>OpenAI's Restructuring Sets up What Could Be the Biggest IPO Ever</li><li>What is the Australian Securities Exchange (ASX) </li><li>2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail</li><li>Do ETFs Pay Dividends? What You Need to Know</li><li>CrowdStrike Partners With CoreWeave But Investors Sell the News</li></ul><p><strong>Want to see what other hedge funds are holding DTM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DT Midstream, Inc. (NYSE:DTM - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURUTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURUTQ"/></p><p><em>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.</em></p><h2>Should You Invest $1,000 in DT Midstream Right Now?</h2><p>Before you consider DT Midstream, you'll want to hear this.</p><p>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.</p><p>While DT Midstream currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Bank of New York Mellon Corp reduced its stake in DT Midstream, Inc. by 2.7% in Q2, now holding 999,257 shares valued at approximately $109.8 million. Other hedge funds also adjusted their positions. DT Midstream's stock opened at $113.87, with a 52-week range of $83.30 to $115.80. The company reported Q3 earnings of $1.13 per share, exceeding estimates, and announced a quarterly dividend of $0.82 per share, payable on January 15. Analysts forecast a FY 2025 EPS of 4.150-4.450.</p>

Bank of New York Mellon Corp Cuts Stock Position in DT Midstream, Inc. $DTM