Hershey Company (The) $HSY Shares Newly Acquired by First Financial Bank Trust Division

First Financial Bank Trust Division bought a new stake in Hershey Company (The) (NYSE:HSY) during the third quarter, HoldingsChannel reports. The fund bought 10,633 shares of the company’s stock, valued at approximately $1,676,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of HSY. QRG Capital Management Inc. raised its position in Hershey by 23.5% during the 2nd quarter. QRG Capital Management Inc. now owns 8,361 shares of the company’s stock worth $1,467,000 after buying an additional 1,589 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Hershey by 9.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 17,171 shares of the company’s stock valued at $3,013,000 after acquiring an additional 1,544 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Hershey by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,128,711 shares of the company’s stock worth $198,032,000 after acquiring an additional 118,825 shares during the period. Andra AP fonden increased its stake in shares of Hershey by 272.2% in the second quarter. Andra AP fonden now owns 91,199 shares of the company’s stock worth $16,001,000 after acquiring an additional 66,699 shares during the period. Finally, Security National Bank of Sioux City Iowa IA acquired a new stake in shares of Hershey in the second quarter worth $268,000. Institutional investors and hedge funds own 57.96% of the company’s stock.

Insider Transactions at Hershey

In other Hershey news, CFO Steven Voskuil sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $170.00, for a total value of $255,000.00. Following the sale, the chief financial officer directly owned 53,195 shares of the company’s stock, valued at approximately $9,043,150. This trade represents a 2.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on HSY shares. Sanford C. Bernstein restated a “market perform” rating and set a $201.00 target price on shares of Hershey in a research report on Friday, July 31st. UBS Group increased their price target on Hershey from $190.00 to $198.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Evercore set a $225.00 price objective on Hershey in a research note on Thursday, July 23rd. Wells Fargo & Company decreased their price objective on Hershey from $200.00 to $190.00 and set an “equal weight” rating for the company in a report on Friday, July 31st. Finally, DA Davidson set a $190.00 target price on Hershey in a research note on Friday, July 31st. Six analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $204.78.

Hershey Stock Performance

HSY traded up $1.65 on Thursday, reaching $159.25. The stock had a trading volume of 2,120,674 shares, compared to its average volume of 1,875,429. The business’s 50-day moving average price is $176.75 and its two-hundred day moving average price is $185.30. The company has a market cap of $32.00 billion, a P/E ratio of 21.76, a price-to-earnings-growth ratio of 1.28 and a beta of 0.11. Hershey Company has a 12-month low of $156.16 and a 12-month high of $239.48. The company has a current ratio of 1.18, a quick ratio of 0.66 and a debt-to-equity ratio of 1.03.

Hershey (NYSE:HSY) last posted its earnings results on Thursday, July 30th. The company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.47. Hershey had a net margin of 12.24% and a return on equity of 31.92%. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same period in the prior year, the company posted $1.21 EPS. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. Sell-side analysts forecast that Hershey Company will post 8.49 earnings per share for the current year.

Hershey Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th were given a dividend of $1.4520 per share. The ex-dividend date was Friday, August 14th. This represents a $5.81 dividend on an annualized basis and a yield of 3.6%. Hershey’s dividend payout ratio is currently 79.37%.

Hershey Profile

The Hershey Company (NYSE: HSY) is a global confectionery and snack food company headquartered in Hershey, Pennsylvania. Founded by Milton S. Hershey in 1894, the company began as a chocolate manufacturer and has grown into one of the largest producers of confectionery products in North America.

Hershey’s portfolio includes chocolate, candy, gum, mints, protein bars and salty snacks. Its well-known brands include Hershey’s, Reese’s, Kisses, Kit Kat, Jolly Rancher, Twizzlers, Ice Breakers, SkinnyPop and Dot’s.