Hess Corporation (NYSE: HES) is -0.56% lower on its value in year-to-date trading and has touched a low of $123.79 and a high of $161.69 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 $148.62 in the last trading session, with the day’s loss setting it -1.07%.
Currently trading at $147.55, the stock is 2.03% and 6.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.31 million and changing -0.72% at the moment leaves the stock 4.82% off its SMA200. HES registered 10.93% gain for a year compared to 6-month loss of 1.88%. The firm has a 50-day simple moving average (SMA 50) of $137.663 and a 200-day simple moving average (SMA200) of $140.62814.
The stock witnessed a 3.72% gain in the last 1 month and extending the period to 3 months gives it a 15.35%, and is -2.21% down 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 1.97% over the week and 2.08% over the month.
Hess Corporation (HES) has around 1797 employees, a market worth around $45.63B and $12.50B in sales. Current P/E ratio is 20.43 and Fwd P/E is 17.54. Profit margin for the company is 17.82%. Distance from 52-week low is 19.19% and -8.74% from its 52-week high. The company has generated returns on investments over the last 12 months (10.79%).
The EPS is expected to shrink by -36.18% this year
1188.0 institutions hold shares in Hess Corporation (HES), with institutional investors hold 85.64% of the company’s shares. The shares outstanding are 309.27M, and float is at 282.48M with Short Float at 2.68%. Institutions hold 78.10% 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 11.0182 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 250,000 shares of the company’s common stock on Jun 06 ’25 at a price of $136.01 per share for a total of $34.0 million. Following the sale, the insider now owns 1.73 million shares.
Hess Corporation disclosed in a document filed with the SEC on Jun 05 ’25 that HESS JOHN B (Chief Executive Officer) sold a total of 225,000 shares of the company’s common stock. The trade occurred on Jun 05 ’25 and was made at $133.18 per share for $29.97 million. Following the transaction, the insider now directly holds 1.98 million shares of the HES stock.
