Market Cap
$4.8B
HESM
Hess Midstream LP
$37.75 ▼ -0.79%
Prev close $38.05Market cap$4.8B
ConsensusStrong Sell
12-mo target$37.50 (-0.7%)
▼ Bearish
Analyst conviction 1/10
High Impact Filing (7/10)22 New Institutional Positions20 Institutional Exits Traditional Energy
Snapshot
The big-picture read on HESM right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Sell (0%)
Inst. Holders
50 funds
Inst. Value
$3.6B
Inst. Activity
22 buys / 20 sells
SEC Reports
3
Price chart 30d -5.3%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 29, 2026 short_volume
Aug 3, 2026 SEC Short Volume: HESM — 80.3% short (0.5M / 0.6M)
Short: 502,275 | Exempt: 2 | TRF Vol: 625,279 | Short Ratio: 80.3% | Off-exchange volume (dark pool
Hess Midstream LP reported Q2 2026 net income attributable to the LP of $96.4M ($0.75/Class A share), up from $90.3M ($0
8-K — Impact 4/10
Jun 30, 2026 Inst.
Blackstone Inc. — TRIM
5,786,130 shares ($217.6M)
Jun 30, 2026 Inst.
May 4, 2026 SEC Bank of New York — ADD
4,720,992 shares ($177.5M)
Hess Midstream reported Q1 2026 revenue of $390.1M (up 2.1% YoY) and EPS of $0.68 (up 4.6% YoY from $0.65). Throughput v
8-K — Impact 4/10
Mar 8, 2026 Insider
Bast Michael Scott acquired via exercise 929 shares
President and COO
Mar 8, 2026 Insider
Bast Michael Scott surrendered for taxes 308 shares
President and COO @ $38.92 ($12.0K)
Mar 8, 2026 Insider
Bast Michael Scott acquired via exercise 1,189 shares
President and COO
Analyst ratings buy % -100.0%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
0% rate it Buy or better · 12 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Oct 2, 2026 | JP Morgan | DOWNGRADE | Underweight | 55% |
| Jun 10, 2026 | Morgan Stanley | DOWNGRADE | Underweight | 55% |
| May 12, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | 55% |
| Apr 20, 2026 | Goldman Sachs | DOWNGRADE | Sell | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 0 | 0 | 7 | 3 | 2 | 0% | |
| Aug 1, 2026 | 0 | 0 | 7 | 3 | 2 | 0% | |
| Jul 1, 2026 | 0 | 0 | 7 | 3 | 2 | 0% | |
| Jun 1, 2026 | 0 | 0 | 8 | 2 | 2 | 0% | |
| May 1, 2026 | 0 | 0 | 8 | 2 | 2 | 0% | |
| Apr 1, 2026 | 0 | 0 | 9 | 1 | 2 | 0% | |
| Mar 1, 2026 | 0 | 0 | 9 | 1 | 2 | 0% | |
| Feb 1, 2026 | 0 | 0 | 9 | 1 | 2 | 0% |
Price targets
Where 6 covering analysts think HESM trades over the next 12 months.
$37.50 -0.7% upside Hold
Current$37.75 Low$33.00 Median$38.00 High$40.00 6 analysts
$33.00$40.00
Analyst rating None as of Oct 2, 2026
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
3 SEC filing reports analyzed · 1 bullish, 0 bearish, 0 mixed, 2 neutral · avg impact 5.0/10.
NEUTRAL8-K4/10
Hess Midstream LP reported Q2 2026 net income attributable to the LP of $96.4M ($0.75/Class A share)
Aug 3, 2026
NEUTRAL8-K4/10
Hess Midstream reported Q1 2026 revenue of $390.1M (up 2.1% YoY) and EPS of $0.68 (up 4.6% YoY from
May 4, 2026
BULLISH8-K7/10
Hess Midstream LP (HESM) executed two concurrent repurchase transactions: a $18 million repurchase o
Mar 4, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 29, 2026
short_volume
Short Volume: HESM — 80.3% short (0.5M / 0.6M)
Short: 502,275 | Exempt: 2 | TRF Vol: 625,279 | Short Ratio: 80.3% | Off-exchange volume (dark pool + OTC)
Sep 1, 2026
short_volume
Short Volume: HESM — 58.7% short (0.3M / 0.5M)
Short: 301,017 | Exempt: 3,635 | TRF Vol: 513,014 | Short Ratio: 58.7% | Off-exchange volume (dark pool + OTC)
Aug 17, 2026
short_volume
Short Volume: HESM — 62.6% short (0.3M / 0.5M)
Short: 320,907 | Exempt: 3 | TRF Vol: 512,306 | Short Ratio: 62.6% | Off-exchange volume (dark pool + OTC)
Aug 6, 2026
short_volume
Short Volume: HESM — 58.3% short (0.3M / 0.6M)
Short: 335,896 | Exempt: 1,218 | TRF Vol: 575,739 | Short Ratio: 58.3% | Off-exchange volume (dark pool + OTC)
Aug 5, 2026
short_volume
Short Volume: HESM — 74.5% short (0.4M / 0.5M)
Short: 381,797 | Exempt: 3 | TRF Vol: 512,528 | Short Ratio: 74.5% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.73 | $0.64–$0.81 | -2.9% | +0.8% | 3↑ 0↓ | $0.4B | 4 |
| Next Q | $0.74 | $0.65–$0.83 | 3.4% | +0.1% | 2↑ 0↓ | $0.4B | 4 |
| Current FY | $2.83 | $2.40–$3.10 | -1.0% | +0.5% | 3↑ 0↓ | $1.6B | 4 |
| Next FY | $2.96 | $2.67–$3.24 | 4.5% | +0.7% | 3↑ 0↓ | $1.7B | 4 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.728 | — |
| 7d ago | $0.723 | +0.006 |
| 30d ago | $0.723 | +0.006 |
| 60d ago | $0.705 | +0.024 |
| 90d ago | $0.683 | +0.045 |
Institutional ownership
Which big funds own HESM (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $3.6B total value (96,370,228 shares) as of 2026-Q2. Top holders: ALPS, GOLDMAN, Invesco. Net buying activity: 22 institutions added/increased vs 20 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| ALPS ADVISORS INC | 29,254,074 | $1.1B | 30.4% | — |
| GOLDMAN SACHS GROUP INC | 8,389,537 | $315.4M | 8.7% | — |
| Invesco Ltd. | 7,535,978 | $283.4M | 7.8% | — |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 7,055,800 | $265.3M | 7.3% | — |
| Blackstone Inc. | 5,786,130 | $217.6M | 6.0% | TRIM -25.5% |
| Bank of New York Mellon Corp | 4,720,992 | $177.5M | 4.9% | ADD +25.8% |
| Neuberger Berman Group LLC | 2,671,592 | $100.4M | 2.8% | ADD +35.2% |
| TD ASSET MANAGEMENT INC | 1,984,203 | $74.6M | 2.1% | — |
| UBS Group AG | 1,974,398 | $74.2M | 2.0% | — |
| Epoch Investment Partners, Inc. | 1,945,456 | $73.1M | 2.0% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| Blackstone Inc. | TRIM | 7,769,525 | 5,786,130 | -25.5% | $217.6M |
| Bank of New York Mellon Corp | ADD | 3,752,002 | 4,720,992 | +25.8% | $177.5M |
| Neuberger Berman Group LLC | ADD | 1,975,914 | 2,671,592 | +35.2% | $100.4M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | ADD | 1,075,000 | 1,610,000 | +49.8% | $60.5M |
| FMR LLC | TRIM | 1,728,235 | 1,206,735 | -30.2% | $45.4M |
| MORGAN STANLEY | TRIM | 1,720,891 | 1,167,570 | -32.2% | $43.9M |
| Clearbridge Investments, LLC | TRIM | 1,707,385 | 956,243 | -44.0% | $36.0M |
| Qube Research & Technologies Ltd | DOUBLED | 286,012 | 871,091 | +204.6% | $32.8M |
| MILLENNIUM MANAGEMENT LLC | DOUBLED | 147,977 | 776,769 | +424.9% | $29.2M |
| CIBC Bancorp USA Inc. | TRIM | 779,299 | 551,090 | -29.3% | $20.7M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
6 insiders, 16 transactions. Net $0.00 — $0.00 bought, $0.00 sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Mar 8, 2026 | Bast Michael Scott | President and COO | EXERCISE | 929 | — | — |
| Mar 8, 2026 | Bast Michael Scott | President and COO | TAX W/H | 308 | $38.92 | $12.0K |
| Mar 8, 2026 | Bast Michael Scott | President and COO | EXERCISE | 1,189 | — | — |
| Mar 8, 2026 | Bast Michael Scott | President and COO | TAX W/H | 241 | $38.92 | $9.4K |
| Mar 8, 2026 | NIEMIEC DAVID W | Director | EXERCISE | 1,612 | — | — |
| Mar 8, 2026 | Letwin Stephen J J | Director | EXERCISE | 1,612 | — | — |
| Mar 8, 2026 | Letwin Stephen J J | Director | AWARD | 1,656 | — | — |
| Mar 8, 2026 | REDDY J PATRICK | Director | EXERCISE | 1,612 | — | — |
| Mar 8, 2026 | REDDY J PATRICK | Director | AWARD | 1,656 | — | — |
| Mar 8, 2026 | NIEMIEC DAVID W | Director | AWARD | 1,656 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for HESM.
Shares short
7,366,815
Settlement Sep 15, 2026
Change vs prior
+14.1%
Semi-monthly cycle
Days to cover
5.8
At avg daily volume
Of shares outstanding
≈5.7%
Estimate — not % of float
All HESM filing & press-release reports (3)
- 8-K reportAug 3, 2026
- 8-K reportMay 4, 2026
- 8-K reportMar 4, 2026