Western Midstream Partners, LP (NYSE:WES) Stock Has Average Price Target of $49.89

Posted by Stanley Muller on Nov 2nd, 2026

Western Midstream Partners, LP (NYSE:WES – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the eleven analysts that are currently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $49.89.

Several research analysts have recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of Western Midstream Partners from $55.00 to $52.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 21st. Zacks Research raised Western Midstream Partners from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 13th. JPMorgan Chase & Co. began coverage on Western Midstream Partners in a report on Tuesday, October 20th. They set a “neutral” rating and a $50.00 price objective on the stock. UBS Group increased their price objective on shares of Western Midstream Partners from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th. Finally, Truist Financial assumed coverage on shares of Western Midstream Partners in a report on Thursday, September 17th. They issued a “buy” rating and a $55.00 price target on the stock.

Check Out Our Latest Stock Analysis on WES

Western Midstream Partners Price Performance

NYSE:WES opened at $46.43 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 2.02. Western Midstream Partners has a 52 week low of $36.90 and a 52 week high of $50.07. The company has a market capitalization of $19.18 billion, a P/E ratio of 14.60, a P/E/G ratio of 1.25 and a beta of 0.74. The stock’s fifty day moving average is $46.47 and its two-hundred day moving average is $44.16.

Western Midstream Partners (NYSE:WES – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The pipeline company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.08. Western Midstream Partners had a return on equity of 33.13% and a net margin of 29.44%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period last year, the business posted $0.87 EPS. Western Midstream Partners’s quarterly revenue was up 30.0% on a year-over-year basis. Equities analysts expect that Western Midstream Partners will post 3.67 EPS for the current year.

Western Midstream Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 2nd will be paid a dividend of $0.93 per share. The ex-dividend date is Monday, November 2nd. This represents a $3.72 dividend on an annualized basis and a dividend yield of 8.0%. Western Midstream Partners’s payout ratio is 116.98%.

Insider Activity

In other Western Midstream Partners news, Director Frederick Forthuber bought 5,140 shares of Western Midstream Partners stock in a transaction that occurred on Wednesday, August 12th. The shares were bought at an average cost of $48.62 per share, with a total value of $249,906.80. Following the transaction, the director directly owned 5,140 shares of the company’s stock, valued at approximately $249,906.80. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.04% of the company’s stock.

Hedge Funds Weigh In On Western Midstream Partners

A number of large investors have recently bought and sold shares of the stock. Berkley W R Corp raised its stake in Western Midstream Partners by 42.8% during the 1st quarter. Berkley W R Corp now owns 1,266,970 shares of the pipeline company’s stock valued at $52,161,000 after acquiring an additional 379,807 shares in the last quarter. First Trust Advisors LP raised its position in shares of Western Midstream Partners by 39.0% during the first quarter. First Trust Advisors LP now owns 902,585 shares of the pipeline company’s stock worth $37,159,000 after acquiring an additional 253,474 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Western Midstream Partners by 99.8% in the 1st quarter. Empowered Funds LLC now owns 472,989 shares of the pipeline company’s stock valued at $19,473,000 after buying an additional 236,221 shares during the period. Empirical Finance LLC boosted its holdings in Western Midstream Partners by 86.8% during the first quarter. Empirical Finance LLC now owns 442,189 shares of the pipeline company’s stock worth $18,205,000 after purchasing an additional 205,421 shares during the last quarter. Finally, Militia Capital Management LLC acquired a new stake in Western Midstream Partners during the 1st quarter worth approximately $8,244,000. Hedge funds and other institutional investors own 84.82% of the company’s stock.

About Western Midstream Partners

(Get Free Report)

Western Midstream Partners, L.P. (NYSE:WES) is a master limited partnership that owns and operates midstream energy infrastructure in the United States. The company provides gathering, processing, transportation, storage and treating services for natural gas, crude oil, natural gas liquids and produced water.

Western Midstream’s assets include gathering systems, processing plants, pipelines, storage facilities and water-handling infrastructure. These facilities connect oil and gas producers with downstream markets and are generally supported by long-term commercial arrangements.