Hess Corporation (NYSE: HES) is -1.78% lower on its value in year-to-date trading and has touched a low of $123.79 and a high of $163.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HES stock was last observed hovering at around $127.95 in the last trading session, with the day’s gains setting it 2.69%.
Currently trading at $130.64, the stock is -9.24% and -10.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 2.10% at the moment leaves the stock -7.62% off its SMA200. HES registered -13.06% loss for a year compared to 6-month gain of -3.89%. The firm has a 50-day simple moving average (SMA 50) of $145.829 and a 200-day simple moving average (SMA200) of $141.41205.
The stock witnessed a -16.46% loss in the last 1 month and extending the period to 3 months gives it a -12.75%, and is 2.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.99% over the week and 3.73% over the month.
Hess Corporation (HES) has around 1797 employees, a market worth around $40.41B and $12.90B in sales. Current P/E ratio is 14.54 and Fwd P/E is 13.77. Profit margin for the company is 21.47%. Distance from 52-week low is 5.53% and -20.33% from its 52-week high. The company has generated returns on investments over the last 12 months (13.64%).
with sales reaching $2.99B over the same period.The EPS is expected to shrink by -29.10% this year, but quarterly earnings will post -6.30% year-over-year. Quarterly sales are estimated to shrink -9.86% in year-over-year returns.
Hess Corporation (HES) Top Institutional Holders
1173.0 institutions hold shares in Hess Corporation (HES), with institutional investors hold 89.08% of the company’s shares. The shares outstanding are 308.29M, and float is at 287.18M with Short Float at 2.63%. Institutions hold 81.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 33.81 million shares valued at $4.99 billion. The investor’s holdings represent 11.0362% of the HES Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 25.16 million shares valued at $3.71 billion to account for 8.1981 of the shares outstanding. The other top investors are STATE STREET CORP which holds 17.87 million shares representing 5.8236% and valued at over $2.64 billion, while ADAGE CAPITAL PARTNERS GP, L.L.C. holds 2.8147 of the shares totaling 8.64 million with a market value of $1.27 billion.
Hess Corporation (HES) Insider Activity
The most recent transaction is an insider sale by HESS JOHN B, the company’s Chief Executive Officer. SEC filings show that HESS JOHN B sold 175,000 shares of the company’s common stock on Mar 27 ’25 at a price of $159.30 per share for a total of $27.88 million. Following the sale, the insider now owns 2.38 million shares.
Hess Corporation disclosed in a document filed with the SEC on Mar 28 ’25 that HESS JOHN B (Chief Executive Officer) sold a total of 175,000 shares of the company’s common stock. The trade occurred on Mar 28 ’25 and was made at $158.49 per share for $27.74 million. Following the transaction, the insider now directly holds 2.21 million shares of the HES stock.
Still, SEC filings show that on Mar 28 ’25, JBH Investment Trust Proposed Sale 175,000 shares at an average price of $159.07 for $27.84 million. The insider now directly holds shares of Hess Corporation (HES).
