TD Asset Management Inc Sells 22,183 Shares of Hershey Company (The) $HSY

TD Asset Management Inc lessened its stake in Hershey Company (The) (NYSE:HSY) by 7.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 261,898 shares of the company’s stock after selling 22,183 shares during the quarter. TD Asset Management Inc’s holdings in Hershey were worth $48,988,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Choreo LLC lifted its stake in Hershey by 3.6% in the 2nd quarter. Choreo LLC now owns 1,708 shares of the company’s stock worth $283,000 after purchasing an additional 59 shares in the last quarter. Bellevue Asset Management LLC increased its holdings in shares of Hershey by 13.5% in the third quarter. Bellevue Asset Management LLC now owns 514 shares of the company’s stock worth $96,000 after purchasing an additional 61 shares during the last quarter. First Horizon Advisors Inc. lifted its position in shares of Hershey by 12.3% in the second quarter. First Horizon Advisors Inc. now owns 567 shares of the company’s stock worth $94,000 after buying an additional 62 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its stake in Hershey by 8.4% during the third quarter. Deseret Mutual Benefit Administrators now owns 798 shares of the company’s stock valued at $149,000 after buying an additional 62 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC boosted its stake in Hershey by 46.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 199 shares of the company’s stock valued at $33,000 after buying an additional 63 shares during the last quarter. 57.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on HSY. Argus raised Hershey to a “hold” rating in a report on Wednesday, November 26th. The Goldman Sachs Group restated a “buy” rating and issued a $267.00 price target on shares of Hershey in a research report on Friday, February 6th. Stifel Nicolaus increased their price objective on shares of Hershey from $195.00 to $230.00 and gave the company a “hold” rating in a research report on Friday, February 6th. DA Davidson set a $243.00 price objective on shares of Hershey in a research note on Friday, February 6th. Finally, Barclays boosted their target price on shares of Hershey from $210.00 to $240.00 and gave the stock an “equal weight” rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $222.21.

Trending Headlines about Hershey

Here are the key news stories impacting Hershey this week:

• Positive Sentiment: Hershey’s recent quarter beat estimates and management set FY2026 guidance of $8.20–$8.52 EPS, confirming solid top-line growth and margin resilience — a primary driver for investor confidence. MarketBeat earnings & guidance summary
• Positive Sentiment: The company raised its quarterly dividend to $1.452 (annualized $5.81), increasing yield and income appeal for dividend-focused investors. Dividend growth reinforces the defensive, cash-return profile of HSY. MarketBeat dividend notice
• Positive Sentiment: Analysts and financial outlets continue to view Hershey as a high-quality, wide-moat consumer stock — it was featured on a list of five non-tech wide-moat leaders, supporting demand from long-term, defensive investors. Buy 5 Non-Tech Wide Moat Stocks to Enhance Your Portfolio Returns
• Neutral Sentiment: Food & beverage peers reported mixed results (e.g., Monster, Hormel, Smucker beats/metrics). These sector data points help set category expectations but are not company-specific catalysts for HSY. Monster Q4 earnings
• Negative Sentiment: Insider selling: SVP Jason Reiman sold 2,000 shares (avg. $226.07) and another senior insider, Rohit Grover, sold 3,500 shares on Feb. 24. While small relative to total holdings and not unusual following share-price strength, these sales can be perceived negatively by some investors. Insider selling disclosure

Insider Buying and Selling at Hershey

In other news, SVP Jason Reiman sold 2,000 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $226.07, for a total transaction of $452,140.00. Following the completion of the sale, the senior vice president directly owned 41,036 shares of the company’s stock, valued at approximately $9,277,008.52. The trade was a 4.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Steven E. Voskuil sold 1,500 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $219.66, for a total transaction of $329,490.00. Following the completion of the transaction, the chief financial officer owned 50,819 shares in the company, valued at approximately $11,162,901.54. The trade was a 2.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,000 shares of company stock valued at $2,153,645 in the last quarter. 0.34% of the stock is owned by insiders.

Hershey Price Performance

Hershey stock opened at $236.34 on Friday. Hershey Company has a 12-month low of $150.04 and a 12-month high of $236.78. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The firm has a 50-day moving average price of $202.43 and a 200-day moving average price of $190.15. The firm has a market capitalization of $47.90 billion, a PE ratio of 54.46, a price-to-earnings-growth ratio of 1.46 and a beta of 0.18.

Hershey (NYSE:HSY) last posted its quarterly earnings data on Thursday, February 5th. The company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.31. Hershey had a net margin of 7.55% and a return on equity of 27.90%. The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $2.97 billion. During the same period in the prior year, the company posted $2.69 EPS. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. Hershey has set its FY 2026 guidance at 8.200-8.520 EPS. As a group, equities research analysts forecast that Hershey Company will post 6.12 EPS for the current year.

Hershey Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Tuesday, February 17th will be issued a dividend of $1.452 per share. This represents a $5.81 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, February 17th. This is an increase from Hershey’s previous quarterly dividend of $1.37. Hershey’s dividend payout ratio (DPR) is presently 133.87%.

Hershey Company Profile

The Hershey Company (NYSE: HSY) is a leading North American chocolatier and snack manufacturer headquartered in Hershey, Pennsylvania. The company develops, produces and markets a wide range of confectionery and snack products for retail, foodservice and international customers. Hershey’s business spans manufacturing, branded product marketing, packaging and distribution across grocery, convenience, mass merchant and e-commerce channels.

Hershey’s product portfolio centers on chocolate and sugar confectionery, including core brands such as Hershey’s, Reese’s, Hershey’s Kisses and Twizzlers, alongside non-chocolate snacks and confectionery brands.