<div id="readability-page-1"><p>Charles Schwab Investment Management Inc. trimmed its stake in  DT Midstream, Inc. (NYSE:DTM - Free Report) by 2.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,120,593 shares of the company's stock after selling 27,731 shares during the period. Charles Schwab Investment Management Inc. owned approximately 1.10% of DT Midstream worth $123,164,000 at the end of the most recent quarter.</p><p>A number of other institutional investors and hedge funds have also recently bought and sold shares of DTM. Covalis Capital LLP increased its position in shares of  DT Midstream by 5.8% during the second quarter. Covalis Capital LLP now owns 179,520 shares of the company's stock worth $19,731,000 after purchasing an additional 9,906 shares in the last quarter.  Bahl &amp; Gaynor Inc. boosted its position in shares of  DT Midstream by 31.1% in the 2nd quarter. Bahl &amp; Gaynor Inc. now owns 554,318 shares of the company's stock valued at $60,925,000 after purchasing an additional 131,599 shares during the period.  AXQ Capital LP boosted its position in shares of  DT Midstream by 8.7% in the 2nd quarter. AXQ Capital LP now owns 8,366 shares of the company's stock valued at $920,000 after purchasing an additional 673 shares during the period.  Franklin Resources Inc. grew its stake in  DT Midstream by 1.5% during the 2nd quarter. Franklin Resources Inc. now owns 881,898 shares of the company's stock worth $96,929,000 after buying an additional 13,317 shares during the last quarter.  Finally, MAI Capital Management increased its position in  DT Midstream by 13.6% during the second quarter. MAI Capital Management now owns 3,088 shares of the company's stock worth $339,000 after buying an additional 370 shares during the period. 81.53% of the stock is owned by hedge funds and other institutional investors. </p><h2>DT Midstream Price Performance</h2><p>Shares of DTM opened at $119.46 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.69. The stock's 50 day moving average is $112.05 and its two-hundred day moving average is $107.00. DT Midstream, Inc. has a twelve month low of $83.30 and a twelve month high of $120.65. The firm has a market capitalization of $12.15 billion, a PE ratio of 30.17, a P/E/G ratio of 2.31 and a beta of 0.77. </p><p>DT Midstream (NYSE:DTM - Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.13 EPS for the quarter, beating the consensus estimate 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 $314.00 million during the quarter, compared to analysts' expectations of $309.21 million. During the same period last year, the firm earned $0.90 EPS.  DT Midstream has set its FY 2025 guidance at 4.150-4.450 EPS. Research analysts anticipate that  DT Midstream, Inc. will post 3.8 earnings per share for the current year. </p><h2>DT Midstream Announces Dividend</h2><p>The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 15th will be issued a $0.82 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $3.28 dividend on an annualized basis and a yield of 2.7%. DT Midstream's dividend payout ratio (DPR) is 82.83%. </p><h2>Analyst Ratings Changes</h2><p>DTM has been the subject of several research analyst reports. Barclays increased their price objective on DT Midstream from $103.00 to $114.00 and gave the company an &#34;equal weight&#34; rating in a report on Wednesday, October 8th. Stifel Nicolaus increased their price target on shares of DT Midstream from $119.00 to $121.00 and gave the stock a &#34;buy&#34; rating in a research note on Friday, October 31st. Morgan Stanley raised their price objective on shares of DT Midstream from $126.00 to $137.00 and gave the stock an &#34;underweight&#34; rating in a research report on Wednesday, November 12th. Jefferies Financial Group initiated coverage on shares of DT Midstream in a report on Monday, November 3rd. They issued a &#34;buy&#34; rating and a $125.00 target price for the company. Finally, Wells Fargo &amp; Company increased their target price on shares of 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. Eight research analysts have rated the stock with a Buy rating, four have issued  a Hold rating and two have assigned  a Sell rating to the company's stock. Based on data from MarketBeat.com, DT Midstream currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $117.46.</p><p><b>View Our Latest Stock Report on DT Midstream</b></p><h2>DT Midstream Company Profile</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>Further Reading</h2><ul><li>Five stocks we like better than DT Midstream</li><li>The Top 3 Healthcare Dividend Stocks to Buy and Hold</li><li>Keysight Technologies' Surge: The Market Wakes Up to This AI Play</li><li>How Technical Indicators Can Help You Find Oversold Stocks </li><li>Is American Express the Credit Stock For a K-Shaped Economy?</li><li>Investing In Preferred Stock vs. Common Stock</li><li>Powering Up: How a Credit Upgrade Fuels Vistra’s AI Ambitions</li></ul><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>

SCHW

<p>Charles Schwab Investment Management Inc. reduced its stake in DT Midstream, Inc. by 2.4% in Q2, owning 1.10% of the company worth $123.16 million. DT Midstream's stock opened at $119.46, with a 12-month high of $120.65. Analysts have varied ratings, with price targets ranging from $103 to $137. The company announced a quarterly dividend of $0.82, yielding 2.7%. DT Midstream's FY 2025 EPS guidance is set at 4.150-4.450.</p>

Charles Schwab Investment Management Inc. Trims Stock Position in DT Midstream, Inc. $DTM