Pacer Advisors Inc. Trims Holdings in Hess Midstream Partners LP $HESM

Posted by Brian Himes on Aug 9th, 2026

Pacer Advisors Inc. decreased its holdings in shares of Hess Midstream Partners LP (NYSE:HESM – Free Report) by 31.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,292 shares of the company’s stock after selling 17,676 shares during the period. Pacer Advisors Inc.’s holdings in Hess Midstream Partners were worth $1,527,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of HESM. Geneos Wealth Management Inc. grew its position in shares of Hess Midstream Partners by 14.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,400 shares of the company’s stock worth $92,000 after buying an additional 300 shares during the last quarter. Kestra Private Wealth Services LLC raised its holdings in shares of Hess Midstream Partners by 1.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 25,766 shares of the company’s stock valued at $889,000 after acquiring an additional 330 shares in the last quarter. Investment Management Corp VA ADV raised its holdings in shares of Hess Midstream Partners by 3.0% during the fourth quarter. Investment Management Corp VA ADV now owns 12,519 shares of the company’s stock valued at $432,000 after acquiring an additional 362 shares in the last quarter. Cetera Investment Advisers lifted its stake in Hess Midstream Partners by 0.8% in the fourth quarter. Cetera Investment Advisers now owns 44,931 shares of the company’s stock worth $1,550,000 after acquiring an additional 378 shares during the period. Finally, Creative Planning lifted its stake in Hess Midstream Partners by 4.7% in the third quarter. Creative Planning now owns 9,000 shares of the company’s stock worth $311,000 after acquiring an additional 404 shares during the period. Hedge funds and other institutional investors own 98.97% of the company’s stock.

Hess Midstream Partners Trading Down 0.2%

NYSE HESM opened at $39.87 on Friday. The firm has a market capitalization of $8.22 billion, a PE ratio of 13.75 and a beta of 0.52. The stock’s 50 day moving average is $38.90 and its 200 day moving average is $38.38. Hess Midstream Partners LP has a twelve month low of $31.63 and a twelve month high of $42.22. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 9.97.

Hess Midstream Partners (NYSE:HESM – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.08. Hess Midstream Partners had a return on equity of 90.78% and a net margin of 23.23%.The business had revenue of $399.00 million during the quarter, compared to the consensus estimate of $395.96 million. During the same quarter in the prior year, the company earned $0.74 earnings per share. The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. Research analysts forecast that Hess Midstream Partners LP will post 2.9 earnings per share for the current fiscal year.

Hess Midstream Partners Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Thursday, August 6th will be paid a $0.7888 dividend. This represents a $3.16 annualized dividend and a dividend yield of 7.9%. The ex-dividend date is Thursday, August 6th. This is a positive change from Hess Midstream Partners’s previous quarterly dividend of $0.78. Hess Midstream Partners’s dividend payout ratio (DPR) is 108.62%.

Wall Street Analyst Weigh In

HESM has been the topic of a number of research analyst reports. The Goldman Sachs Group downgraded shares of Hess Midstream Partners from a “neutral” rating to a “sell” rating and set a $32.00 price objective on the stock. in a research report on Monday, April 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Hess Midstream Partners in a research note on Wednesday, June 24th. Finally, Morgan Stanley reiterated an “underweight” rating and set a $39.00 price target on shares of Hess Midstream Partners in a research report on Tuesday, July 21st. One analyst has rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Hess Midstream Partners presently has an average rating of “Reduce” and an average target price of $38.86.

View Our Latest Stock Analysis on HESM

Hess Midstream Partners Profile

(Free Report)

Hess Midstream Partners LP, formerly traded on the New York Stock Exchange under the ticker HESM, is a midstream energy partnership that owns, operates and develops crude oil, natural gas and produced water infrastructure in the Williston Basin. The company’s assets include crude oil gathering and transportation systems, saltwater disposal wells, natural gas processing and fractionation plants, and associated pipeline and storage facilities. Its integrated network is designed to support upstream production by providing gathering, processing, storage and marketing services for hydrocarbons and produced water.

Headquartered in Houston, Texas, Hess Midstream Partners primarily serves producers operating in North Dakota and Montana’s Bakken Shale region.