18,097 Shares in Western Midstream Partners, LP $WES Purchased by Evanson Financial LLC

Posted by Geri Gentry on Aug 8th, 2026

Evanson Financial LLC purchased a new stake in Western Midstream Partners, LP (NYSE:WES – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 18,097 shares of the pipeline company’s stock, valued at approximately $792,000.

A number of other hedge funds have also added to or reduced their stakes in WES. Geode Capital Management LLC raised its stake in shares of Western Midstream Partners by 6.4% in the second quarter. Geode Capital Management LLC now owns 8,525 shares of the pipeline company’s stock worth $330,000 after purchasing an additional 512 shares during the last quarter. Creative Planning lifted its holdings in shares of Western Midstream Partners by 17.0% in the second quarter. Creative Planning now owns 6,878 shares of the pipeline company’s stock valued at $266,000 after purchasing an additional 999 shares in the last quarter. Guggenheim Capital LLC boosted its position in shares of Western Midstream Partners by 6.0% during the second quarter. Guggenheim Capital LLC now owns 23,029 shares of the pipeline company’s stock valued at $891,000 after buying an additional 1,298 shares during the last quarter. Cerity Partners LLC boosted its position in shares of Western Midstream Partners by 39.1% during the second quarter. Cerity Partners LLC now owns 25,003 shares of the pipeline company’s stock valued at $968,000 after buying an additional 7,032 shares during the last quarter. Finally, NewEdge Advisors LLC bought a new stake in Western Midstream Partners during the second quarter worth $2,172,000. Institutional investors and hedge funds own 84.82% of the company’s stock.

Wall Street Analysts Forecast Growth

WES has been the subject of a number of analyst reports. Mizuho increased their price target on Western Midstream Partners from $48.00 to $51.00 and gave the company an “outperform” rating in a research report on Tuesday, July 14th. Citigroup lifted their price objective on shares of Western Midstream Partners from $39.00 to $42.00 and gave the stock a “neutral” rating in a report on Tuesday, May 12th. Wall Street Zen lowered shares of Western Midstream Partners from a “buy” rating to a “hold” rating in a research note on Saturday. Morgan Stanley upgraded shares of Western Midstream Partners from an “underweight” rating to an “equal weight” rating and set a $51.00 target price for the company in a report on Wednesday, June 10th. Finally, Wells Fargo & Company raised their price target on shares of Western Midstream Partners from $41.00 to $43.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $46.25.

Read Our Latest Report on WES

Western Midstream Partners Stock Performance

Shares of WES opened at $46.68 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $19.29 billion, a price-to-earnings ratio of 14.68, a PEG ratio of 1.95 and a beta of 0.68. The stock has a 50 day moving average of $44.95 and a 200 day moving average of $43.09. Western Midstream Partners, LP has a 12 month low of $36.90 and a 12 month high of $48.63.

Western Midstream Partners (NYSE:WES – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The pipeline company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.08. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.13 billion. Western Midstream Partners had a return on equity of 34.79% and a net margin of 29.44%.The business’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.87 EPS. As a group, sell-side analysts forecast that Western Midstream Partners, LP will post 3.5 earnings per share for the current year.

Western Midstream Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be given a $0.93 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $3.72 annualized dividend and a yield of 8.0%. Western Midstream Partners’s payout ratio is currently 121.57%.

Western Midstream Partners Profile

(Free Report)

Western Midstream Partners, LP (NYSE: WES) is a midstream energy infrastructure company that owns, operates and develops an integrated network of crude oil, natural gas and produced water gathering, processing, transportation and storage assets in the United States. The partnership’s primary offerings include pipeline transportation, fractionation services, natural gas liquids (NGL) logistics and produced water handling. Through its fee-based and commodity-based contracts, Western Midstream provides its customers with essential services that support efficient energy production and distribution.

The company’s asset portfolio spans key onshore basins, including the Delaware Basin in West Texas and southeastern New Mexico, the San Juan Basin in New Mexico and Colorado, and the Denver-Julesburg Basin in Colorado.