Robeco Institutional Asset Management B.V. Has $1.34 Million Holdings in DT Midstream, Inc. (NYSE:DTM)

Robeco Institutional Asset Management B.V. lessened its holdings in DT Midstream, Inc. (NYSE:DTM) by 18.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,471 shares of the company’s stock after selling 2,951 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in DT Midstream were worth $1,339,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB raised its holdings in shares of DT Midstream by 17.8% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 696 shares of the company’s stock worth $69,000 after acquiring an additional 105 shares during the last quarter. Caprock Group LLC raised its holdings in shares of DT Midstream by 3.7% in the 3rd quarter. Caprock Group LLC now owns 4,058 shares of the company’s stock worth $322,000 after acquiring an additional 143 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in shares of DT Midstream by 106.7% in the 4th quarter. AdvisorNet Financial Inc now owns 310 shares of the company’s stock worth $31,000 after acquiring an additional 160 shares during the last quarter. Sound Income Strategies LLC lifted its position in shares of DT Midstream by 93.7% during the 4th quarter. Sound Income Strategies LLC now owns 337 shares of the company’s stock worth $34,000 after buying an additional 163 shares in the last quarter. Finally, UMB Bank n.a. lifted its position in shares of DT Midstream by 53.2% during the 4th quarter. UMB Bank n.a. now owns 481 shares of the company’s stock worth $48,000 after buying an additional 167 shares in the last quarter. Institutional investors and hedge funds own 81.53% of the company’s stock.

Analysts Set New Price Targets

DTM has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their target price on shares of DT Midstream from $109.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Stifel Nicolaus raised shares of DT Midstream from a “hold” rating to a “buy” rating and lifted their target price for the stock from $89.00 to $106.00 in a research report on Thursday, December 19th. Citigroup raised shares of DT Midstream from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $90.00 to $115.00 in a research report on Thursday, November 21st. The Goldman Sachs Group lifted their target price on shares of DT Midstream from $74.00 to $94.00 and gave the stock a “sell” rating in a research report on Thursday, December 19th. Finally, Barclays initiated coverage on shares of DT Midstream in a research report on Friday, January 10th. They set an “equal weight” rating and a $112.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, DT Midstream currently has a consensus rating of “Hold” and an average target price of $101.56.

DT Midstream Stock Up 0.6 %

DT Midstream stock opened at $101.72 on Tuesday. DT Midstream, Inc. has a 1-year low of $51.17 and a 1-year high of $114.50. The firm has a market capitalization of $9.88 billion, a price-to-earnings ratio of 24.75 and a beta of 0.79. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.61. The firm has a 50 day simple moving average of $103.50 and a 200 day simple moving average of $89.97.

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.