Mutual Advisors LLC Holds $247,000 in Western Midstream Partners, LP (NYSE:WES)

2 min read | January 29, 2025 03:29 AM EST | By Team Kalkine Media

Mutual Advisors LLC Holds $247,000 in Western Midstream Partners, LP (NYSE:WES) — Image source: Shutterstock

Headlines

Mutual Advisors LLC increased its stake in Western Midstream Partners by 10.5% in Q4, alongside other institutional investors’ shifts.
Western Midstream faces mixed expert ratings
Firm reports a notable revenue increase of 13.8% compared to the previous year.

According to the most recent Form 13F filing with the Securities and Exchange Commission (SEC), Mutual Advisors LLC grew its holdings in Western Midstream Partners, LP (NYSE:WES) by 10.5% during the fourth quarter. The purchase increased their shares to 6,060, reaching a value of $247,000 at the period's close. Other institutional investors have also been active, including Janney Montgomery Scott LLC, Daymark Wealth Partners LLC, and Howard Financial Services LTD, making significant investments in the company. Institutional investors currently own 84.82% of Western Midstream’s stock.

Western Midstream Partners opened trading at $41.81 recently, supported by a $15.91 billion market capitalization. The pipeline company operates with a P/E ratio of 10.67 and a PEG ratio of 1.41. A notable revenue growth of 13.8% is reported, despite an earnings per share (EPS) of $0.74 missing the forecasted $0.83. The firm’s margins and return on equity remain strong, with a profit margin of 42.99% and a return on equity of 46.02%. Analysts are projecting an EPS of 4.03 for the full fiscal year.

Western Midstream Partners has declared a quarterly dividend, amounting to $0.875 per share to be disbursed on February 14, with a record date of February 3. This brings the annual dividend to $3.50, yielding an attractive 8.37%. The firm's dividend payout ratio is currently 89.29%. The company continues to engage in key operations across the midstream energy sector, focusing on natural gas, NGLs, crude oil, and produced water services primarily within the United States.

Western Midstream Partners' resilient operational strategy, amid varied analyst opinions, presents an intriguing scenario for stakeholders. Its revenue growth and strategic investor involvement mark significant points of interest, notwithstanding analyst caution as reflected in current stock ratings.

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