What is Zacks Research’s Estimate for Hess FY2026 Earnings?

Hess Co. (NYSE:HES) – Investment analysts at Zacks Research reduced their FY2026 earnings estimates for shares of Hess in a research report issued to clients and investors on Wednesday, April 16th. Zacks Research analyst R. Department now expects that the oil and gas producer will post earnings of $10.82 per share for the year, down from their previous estimate of $11.52. The consensus estimate for Hess’ current full-year earnings is $8.08 per share.

A number of other research firms also recently commented on HES. Pickering Energy Partners upgraded Hess to a “hold” rating in a research report on Friday, January 3rd. StockNews.com began coverage on shares of Hess in a research report on Friday, April 11th. They set a “hold” rating for the company. Scotiabank decreased their price objective on shares of Hess from $164.00 to $146.58 and set a “sector perform” rating on the stock in a report on Friday, April 11th. Finally, UBS Group dropped their target price on shares of Hess from $170.00 to $163.00 and set a “buy” rating for the company in a report on Wednesday. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $166.26.

Hess Stock Up 2.0 %

HES stock opened at $130.56 on Friday. Hess has a one year low of $123.79 and a one year high of $163.98. The firm has a market cap of $40.25 billion, a PE ratio of 14.51 and a beta of 0.88. The firm’s 50 day moving average price is $145.47 and its 200-day moving average price is $142.35. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.13 and a current ratio of 1.12.

Hess (NYSE:HES) last issued its earnings results on Wednesday, January 29th. The oil and gas producer reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Hess had a net margin of 21.27% and a return on equity of 26.32%.

Hess Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.50 dividend. The ex-dividend date was Monday, March 17th. This represents a $2.00 dividend on an annualized basis and a yield of 1.53%. Hess’s dividend payout ratio (DPR) is presently 22.22%.

Insider Buying and Selling

In related news, CEO John B. Hess sold 175,000 shares of Hess stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $159.30, for a total value of $27,877,500.00. Following the completion of the transaction, the chief executive officer now owns 2,384,679 shares in the company, valued at $379,879,364.70. The trade was a 6.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 9.76% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hess

Institutional investors have recently modified their holdings of the company. Inscription Capital LLC acquired a new stake in Hess in the first quarter valued at $1,542,000. QRG Capital Management Inc. increased its holdings in shares of Hess by 52.6% in the 1st quarter. QRG Capital Management Inc. now owns 3,014 shares of the oil and gas producer’s stock valued at $481,000 after acquiring an additional 1,039 shares during the last quarter. Sagespring Wealth Partners LLC raised its position in shares of Hess by 73.2% during the 1st quarter. Sagespring Wealth Partners LLC now owns 2,622 shares of the oil and gas producer’s stock worth $419,000 after acquiring an additional 1,108 shares in the last quarter. Sowell Financial Services LLC purchased a new stake in Hess during the first quarter worth approximately $366,000. Finally, Exchange Traded Concepts LLC boosted its holdings in Hess by 27.7% in the first quarter. Exchange Traded Concepts LLC now owns 797 shares of the oil and gas producer’s stock valued at $127,000 after purchasing an additional 173 shares in the last quarter. 88.51% of the stock is owned by hedge funds and other institutional investors.

About Hess

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.