28,499 Hess Midstream Partners LP $HESM Shares Purchased by Miller Howard Investments Inc. NY

Posted by Stanley Muller on Oct 27th, 2026

Miller Howard Investments Inc. NY grew its holdings in shares of Hess Midstream Partners LP (NYSE:HESM – Free Report) by 1.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,586,630 shares of the company’s stock after acquiring an additional 28,499 shares during the quarter. Hess Midstream Partners accounts for approximately 1.6% of Miller Howard Investments Inc. NY’s holdings, making the stock its 23rd biggest holding. Miller Howard Investments Inc. NY owned approximately 0.77% of Hess Midstream Partners worth $59,292,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in HESM. Grove Bank & Trust bought a new position in shares of Hess Midstream Partners during the 2nd quarter valued at $38,000. Integrated Wealth Concepts LLC purchased a new position in Hess Midstream Partners in the 2nd quarter worth $77,000. IFP Advisors Inc raised its position in Hess Midstream Partners by 564.2% in the 3rd quarter. IFP Advisors Inc now owns 2,557 shares of the company’s stock worth $96,000 after purchasing an additional 2,172 shares during the period. Nisa Investment Advisors LLC lifted its stake in Hess Midstream Partners by 113.8% in the third quarter. Nisa Investment Advisors LLC now owns 2,658 shares of the company’s stock worth $99,000 after purchasing an additional 1,415 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in Hess Midstream Partners in the first quarter worth $133,000. 98.97% of the stock is currently owned by institutional investors.

Hess Midstream Partners Trading Up 1.9%

NYSE HESM opened at $31.18 on Tuesday. The firm has a market capitalization of $6.43 billion, a PE ratio of 10.75 and a beta of 0.58. The stock’s 50 day moving average is $37.13 and its 200 day moving average is $37.97. Hess Midstream Partners LP has a twelve month low of $29.52 and a twelve month high of $41.44. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 9.39.

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. The business had revenue of $399.00 million during the quarter, compared to the consensus estimate of $395.96 million. Hess Midstream Partners had a return on equity of 92.18% and a net margin of 23.23%. The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.74 earnings per share. Research analysts forecast that Hess Midstream Partners LP will post 3.29 earnings per share for the current fiscal year.

Hess Midstream Partners Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Thursday, November 5th will be given a $0.7985 dividend. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $3.19 dividend on an annualized basis and a dividend yield of 10.2%. This is a boost from Hess Midstream Partners’s previous quarterly dividend of $0.7888. Hess Midstream Partners’s payout ratio is currently 108.62%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on HESM shares. Citigroup cut their price target on shares of Hess Midstream Partners from $37.00 to $33.00 and set a “neutral” rating for the company in a research report on Tuesday, October 13th. Raymond James Financial upgraded Hess Midstream Partners from a “market perform” rating to an “outperform” rating and set a $32.00 price objective on the stock in a report on Friday. Barclays set a $32.00 target price on Hess Midstream Partners in a report on Friday. JPMorgan Chase & Co. lowered Hess Midstream Partners from a “neutral” rating to an “underweight” rating and set a $39.00 price target on the stock. in a research report on Friday, October 2nd. Finally, Weiss Ratings lowered Hess Midstream Partners from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Hess Midstream Partners has a consensus rating of “Reduce” and a consensus price target of $34.00.

View Our Latest Stock Analysis on HESM

Hess Midstream Partners Profile

(Free Report)

Hess Midstream Partners LP (NYSE:HESM) is a midstream energy company that owns and operates infrastructure supporting oil and gas production, primarily in the Bakken and Three Forks shale plays of North Dakota. The company provides essential services between the wellhead and downstream markets rather than exploring for or producing hydrocarbons itself.

Its operations include gathering, processing, storage and transportation services for crude oil, natural gas and natural gas liquids. Hess Midstream also provides produced-water gathering and disposal services, helping manage water generated during oil and gas production.