Western Midstream Partners, LP (NYSE:WES – Free Report) – Equities researchers at US Capital Advisors reduced their FY2025 EPS estimates for Western Midstream Partners in a research note issued on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $3.38 per share for the year, down from their previous forecast of $3.57. The consensus estimate for Western Midstream Partners’ current full-year earnings is $4.02 per share. US Capital Advisors also issued estimates for Western Midstream Partners’ Q1 2026 earnings at $0.92 EPS and Q3 2026 earnings at $0.97 EPS.
Several other equities analysts have also recently commented on the stock. Mizuho dropped their target price on shares of Western Midstream Partners from $45.00 to $44.00 and set an “outperform” rating on the stock in a research report on Tuesday. StockNews.com raised shares of Western Midstream Partners from a “hold” rating to a “buy” rating in a research report on Saturday, March 8th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $39.83.
Western Midstream Partners Price Performance
Western Midstream Partners stock opened at $38.46 on Wednesday. Western Midstream Partners has a 52 week low of $33.60 and a 52 week high of $43.33. The company’s 50 day moving average price is $38.59 and its two-hundred day moving average price is $39.31. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 2.05. The stock has a market cap of $14.67 billion, a P/E ratio of 9.81, a P/E/G ratio of 1.40 and a beta of 1.12.
Western Midstream Partners (NYSE:WES – Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The pipeline company reported $0.79 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.04). Western Midstream Partners had a net margin of 42.99% and a return on equity of 46.02%. The firm had revenue of $917.12 million during the quarter, compared to analysts’ expectations of $926.55 million. During the same quarter last year, the business posted $1.47 EPS. The company’s quarterly revenue was up 3.3% on a year-over-year basis.
Hedge Funds Weigh In On Western Midstream Partners
Several institutional investors have recently bought and sold shares of the company. Apollon Wealth Management LLC lifted its position in shares of Western Midstream Partners by 1.2% during the fourth quarter. Apollon Wealth Management LLC now owns 25,691 shares of the pipeline company’s stock worth $987,000 after acquiring an additional 295 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Western Midstream Partners by 4.7% during the fourth quarter. Integrated Wealth Concepts LLC now owns 6,833 shares of the pipeline company’s stock worth $263,000 after acquiring an additional 306 shares in the last quarter. Virtus ETF Advisers LLC increased its holdings in shares of Western Midstream Partners by 7.3% in the fourth quarter. Virtus ETF Advisers LLC now owns 4,564 shares of the pipeline company’s stock worth $175,000 after purchasing an additional 311 shares during the period. RE Dickinson Investment Advisors LLC increased its holdings in shares of Western Midstream Partners by 21.8% in the fourth quarter. RE Dickinson Investment Advisors LLC now owns 2,168 shares of the pipeline company’s stock worth $83,000 after purchasing an additional 388 shares during the period. Finally, Princeton Global Asset Management LLC increased its holdings in shares of Western Midstream Partners by 133.3% in the first quarter. Princeton Global Asset Management LLC now owns 700 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 84.82% of the company’s stock.
Western Midstream Partners Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Friday, May 2nd were paid a $0.91 dividend. This is an increase from Western Midstream Partners’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $3.64 annualized dividend and a yield of 9.46%. Western Midstream Partners’s dividend payout ratio is presently 108.66%.
Western Midstream Partners Company Profile
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. It is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing produced water.
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