In today’s recent session, 0.75 million shares of the Hess Corporation (NYSE:HES) have been traded, and its beta is 0.66. Most recently the company’s share price was $150.03, and it changed around -$0.2 or -0.13% from the last close, which brings the market valuation of the company to $46.40B. HES at last check was trading at a discount to its 52-week high of $161.69, offering almost -7.77% off that amount. The share price’s 52-week low was $123.79, which indicates that the recent value has risen by an impressive 17.49% since then. We note from Hess Corporation’s average daily trading volume that its 10-day average is 2.48 million shares, with the 3-month average coming to 1.96 million.
Hess Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 2.12. If we narrow it down even further, the data shows that 1 out of 16 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 8 recommended HES as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
Hess Corporation (NYSE:HES) trade information
Instantly HES has been showing red trend so far today with a performance of -0.13% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 151.00 on recent trading dayincreased the stock’s daily price by 0.64%. The company’s shares are currently up 2.15% year-to-date, but still up 6.29% over the last five days. On the other hand, Hess Corporation (NYSE:HES) is 10.21% up in the 30-day period. We can see from the shorts that 10.1 million shares have been sold at a short interest cover period of 5.29 day(s).
The consensus price target as assigned by Wall Street analysts is $163, which translates to bulls needing to increase their stock price by 7.96% from its current value. Analyst projections state that HES is forecast to be at a low of $163 and a high of $163.
Hess Corporation earnings are expected to increase by -38.44% in 2025, but the outlook is positive 10.45% per year for the next five years.
HES Dividends
Hess Corporation’s next quarterly earnings report is expected to be released on 2025-Apr-30. The annual dividend yield of the stock is 1.33 percent and its annual dividend per share was 2.00. It is important to note, however, that the 1.33% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.32 per year.
Hess Corporation (NYSE:HES)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 8.81% of Hess Corporation shares, and 78.10% of them are in the hands of institutional investors. The stock currently has a share float of 85.64%. Hess Corporation stock is held by 1188.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 11.0182% of the shares, which is about 33.81 million shares worth $4.99 billion.
BLACKROCK INC., with 8.1981% or 25.16 million shares worth $3.71 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 9.24 shares worth $1.39 billion, making up 2.99% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held roughly 7.68 shares worth around $1.15 billion, which represents about 2.48% of the total shares outstanding.
