Hybrid excited (HE) machines combine the advantages of both high torque density and excellent flux regulation capability, while also having extensive applications. A novel partitioned stator HE machine employing two stators to allocate armature windings and excitations separately, is proposed in this paper. The permanent magnet (PM) pole-pair and wound field pole-pair are alternately placed on one stator to exhibit parallel magnetic paths, while the armature windings are located on the other stator. The iron-piece-rotor is sandwiched between the two stators. This machine inherits the advantages of stator-PM machine and further benefits from attractive flux regulation capability due to parallel topology. The operating principle and the slot/pole combination rule that are different from the conventional PM machine are illustrated. The two-dimensional finite element technique is used to evaluate the electromagnetic performance, confirming the mentioned advantages. A prototype is manufactured and tested to validate the predictions.