5,819 Shares in Hershey Company (The) $HSY Purchased by Runnymede Capital Advisors Inc.

Runnymede Capital Advisors Inc. acquired a new position in shares of Hershey Company (The) (NYSE:HSY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,819 shares of the company’s stock, valued at approximately $1,059,000.

Other hedge funds also recently modified their holdings of the company. SJS Investment Consulting Inc. raised its stake in shares of Hershey by 1,537.5% during the third quarter. SJS Investment Consulting Inc. now owns 131 shares of the company’s stock worth $25,000 after buying an additional 123 shares during the last quarter. JPL Wealth Management LLC bought a new position in Hershey in the third quarter valued at approximately $26,000. Twin Peaks Wealth Advisors LLC bought a new position in Hershey in the second quarter valued at approximately $31,000. Measured Wealth Private Client Group LLC acquired a new stake in Hershey during the 3rd quarter worth $35,000. Finally, Park Place Capital Corp bought a new stake in shares of Hershey during the 3rd quarter valued at $41,000. Institutional investors own 57.96% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on HSY shares. Morgan Stanley increased their price target on Hershey from $238.00 to $247.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Bank of America lifted their price objective on Hershey from $200.00 to $210.00 and gave the stock a “neutral” rating in a research note on Friday, December 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Hershey in a report on Thursday, January 22nd. Stifel Nicolaus raised their target price on Hershey from $195.00 to $230.00 and gave the stock a “hold” rating in a report on Friday, February 6th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $185.00 target price on shares of Hershey in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and sixteen have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $222.21.

Hershey Stock Performance

HSY stock opened at $206.29 on Monday. The business’s 50-day moving average price is $216.79 and its two-hundred day moving average price is $196.14. 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 market cap of $41.81 billion, a PE ratio of 47.53, a P/E/G ratio of 1.25 and a beta of 0.18. Hershey Company has a 1-year low of $150.04 and a 1-year high of $239.48.

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

Hershey Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Tuesday, February 17th were paid a dividend of $1.452 per share. This represents a $5.81 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, February 17th. This is a positive change from Hershey’s previous quarterly dividend of $1.37. Hershey’s dividend payout ratio (DPR) is currently 133.87%.

Insiders Place Their Bets

In other news, insider Rohit Grover sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $226.07, for a total value of $791,245.00. Following the completion of the transaction, the insider owned 34,568 shares in the company, valued at $7,814,787.76. This represents a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jason Reiman sold 2,000 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $226.07, for a total transaction of $452,140.00. Following the sale, the senior vice president directly owned 41,036 shares of the company’s stock, valued at $9,277,008.52. This represents a 4.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 10,000 shares of company stock worth $2,195,945. Company insiders own 0.34% of the company’s stock.

About Hershey

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.