DT Midstream (DTM) reported second-quarter 2026 net income of $112 million, or $1.09 per diluted share. Operating earnings were $112 million, or $1.09 per diluted share, and adjusted EBITDA was $305 million.
The company declared a quarterly common stock dividend and reaffirmed its adjusted EBITDA guidance ranges for 2026 and 2027. DT Midstream also cited progress on organic growth projects, including Haynesville system expansion contracts and the first phase of Viking Gas Transmission modernization.
- Reported net income was $112 million for the second quarter of 2026.
- Diluted earnings per share were $1.09.
- Adjusted EBITDA was $305 million for the quarter.
- The board declared a $0.88 per share dividend payable Oct. 15, 2026, to shareholders of record Sept. 21, 2026.
- DT Midstream reaffirmed 2026 adjusted EBITDA guidance of $1.155 billion to $1.225 billion and a 2027 early outlook range of $1.225 billion to $1.295 billion.
- The company said $2 billion of organic growth projects are now commercialized.
$DTM Insider Trading Activity
$DTM insiders have traded $DTM stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $DTM stock by insiders over the last 6 months:
- PETER I TUMMINELLO sold 2,002 shares for an estimated $271,851
- JEFFREY A JEWELL (Executive V.P., CFO) purchased 185 shares for an estimated $25,221
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$DTM Hedge Fund Activity
We have seen 296 institutional investors add shares of $DTM stock to their portfolio, and 225 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POINT72 ASSET MANAGEMENT, L.P. removed 560,009 shares (-80.6%) from their portfolio in Q1 2026, for an estimated $75,416,412
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 543,107 shares (+inf%) to their portfolio in Q1 2026, for an estimated $73,140,219
- 59 NORTH CAPITAL MANAGEMENT, LP removed 428,411 shares (-14.0%) from their portfolio in Q1 2026, for an estimated $57,694,109
- GOLDMAN SACHS GROUP INC removed 410,550 shares (-15.9%) from their portfolio in Q1 2026, for an estimated $55,288,768
- DIMENSIONAL FUND ADVISORS LP removed 347,768 shares (-13.3%) from their portfolio in Q1 2026, for an estimated $46,833,916
- HOLOCENE ADVISORS, LP removed 335,359 shares (-90.7%) from their portfolio in Q1 2026, for an estimated $45,162,796
- CLARK CAPITAL MANAGEMENT GROUP, INC. removed 316,032 shares (-85.9%) from their portfolio in Q1 2026, for an estimated $42,560,029
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
