Rep. Dan Newhouse Unloads Hershey Company (The) (NYSE:HSY) Shares

Representative Dan Newhouse (Republican-Washington) recently sold shares of Hershey Company (The) (NYSE:HSY). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Hershey stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
  • Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
  • Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
  • Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
  • Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
  • Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Hershey Trading Up 0.0%

NYSE HSY opened at $171.48 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 0.77 and a debt-to-equity ratio of 0.99. The business has a fifty day simple moving average of $181.85 and a 200 day simple moving average of $197.16. Hershey Company has a 12 month low of $161.43 and a 12 month high of $239.48. The firm has a market capitalization of $34.78 billion, a P/E ratio of 31.93, a PEG ratio of 1.03 and a beta of 0.11.

Hershey (NYSE:HSYGet Free Report) last posted its earnings results on Thursday, April 30th. The company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.31. Hershey had a net margin of 9.12% and a return on equity of 28.98%. The firm had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the prior year, the business posted $2.09 EPS. The business’s revenue was up 10.7% compared to the same quarter last year. On average, analysts predict that Hershey Company will post 8.42 EPS for the current fiscal year.

Hershey Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 15th were issued a dividend of $1.452 per share. The ex-dividend date was Friday, May 15th. This represents a $5.81 annualized dividend and a yield of 3.4%. Hershey’s dividend payout ratio is 108.19%.

Institutional Trading of Hershey

Hedge funds and other institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Hershey by 6.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,310 shares of the company’s stock worth $2,618,000 after acquiring an additional 937 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Hershey by 20.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 697 shares of the company’s stock valued at $116,000 after purchasing an additional 117 shares during the period. Gamco Investors INC. ET AL purchased a new stake in Hershey during the 2nd quarter worth about $267,000. Bank of Nova Scotia lifted its holdings in Hershey by 4.5% during the 2nd quarter. Bank of Nova Scotia now owns 17,927 shares of the company’s stock worth $2,975,000 after purchasing an additional 769 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in Hershey by 5.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 22,247 shares of the company’s stock worth $3,692,000 after purchasing an additional 1,149 shares during the period. Institutional investors own 57.96% of the company’s stock.

Insider Buying and Selling at Hershey

In other news, CFO Steven E. Voskuil sold 1,500 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $173.43, for a total value of $260,145.00. Following the sale, the chief financial officer directly owned 54,695 shares of the company’s stock, valued at approximately $9,485,753.85. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.08% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HSY. The Goldman Sachs Group set a $240.00 target price on Hershey in a research note on Friday, May 1st. DA Davidson raised Hershey to a “hold” rating in a research report on Monday, July 6th. Zacks Research downgraded Hershey from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft lowered their target price on Hershey from $212.00 to $200.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Finally, Barclays decreased their price objective on shares of Hershey from $225.00 to $220.00 and set an “equal weight” rating for the company in a report on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $212.56.

Read Our Latest Research Report on HSY

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

About Hershey

(Get Free Report)

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.

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