Research Analysts’ Recent Ratings Updates for Hess (HES)

Several analysts have recently updated their ratings and price targets for Hess (NYSE: HES):

• 2/14/2025 – Hess is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 2/13/2025 – Hess had its price target raised by analysts at UBS Group AG from $185.00 to $186.00. They now have a “buy” rating on the stock.
• 2/6/2025 – Hess is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 1/29/2025 – Hess is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 1/21/2025 – Hess is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 1/13/2025 – Hess is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 1/5/2025 – Hess is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 1/3/2025 – Hess was upgraded by analysts at Pickering Energy Partners to a “hold” rating.
• 12/28/2024 – Hess is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 12/20/2024 – Hess is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.

Hess Price Performance

HES stock opened at $146.65 on Monday. Hess Co. has a 1 year low of $123.79 and a 1 year high of $163.98. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.13 and a current ratio of 1.12. The stock’s 50 day moving average price is $140.34 and its 200 day moving average price is $138.84. The firm has a market cap of $45.18 billion, a P/E ratio of 16.29 and a beta of 1.17.

Hess (NYSE:HES) last issued its quarterly earnings results on Wednesday, January 29th. The oil and gas producer reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.32. Hess had a return on equity of 26.32% and a net margin of 21.27%. On average, sell-side analysts expect that Hess Co. will post 7.69 earnings per share for the current fiscal year.

Hess Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.50 dividend. The ex-dividend date was Monday, December 16th. This represents a $2.00 annualized dividend and a yield of 1.36%. Hess’s dividend payout ratio (DPR) is presently 22.22%.

Insider Buying and Selling at Hess

In other news, CEO John B. Hess sold 125,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $147.08, for a total transaction of $18,385,000.00. Following the completion of the sale, the chief executive officer now directly owns 217,894 shares in the company, valued at $32,047,849.52. This represents a 36.45 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 9.76% of the stock is currently owned by insiders.

Institutional Trading of Hess

Institutional investors and hedge funds have recently made changes to their positions in the company. J.Safra Asset Management Corp bought a new position in shares of Hess during the fourth quarter worth about $25,000. Sierra Ocean LLC bought a new position in shares of Hess during the fourth quarter worth about $27,000. Groupama Asset Managment lifted its position in shares of Hess by 22.7% during the third quarter. Groupama Asset Managment now owns 22,606 shares of the oil and gas producer’s stock worth $31,000 after purchasing an additional 4,186 shares during the last quarter. Millstone Evans Group LLC acquired a new stake in Hess during the fourth quarter worth about $33,000. Finally, Covestor Ltd raised its stake in Hess by 59.8% during the third quarter. Covestor Ltd now owns 262 shares of the oil and gas producer’s stock worth $36,000 after acquiring an additional 98 shares during the period. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S.