Drucker Wealth 3.0 LLC Has $910,000 Position in Hershey Company (The) $HSY

Drucker Wealth 3.0 LLC raised its holdings in shares of Hershey Company (The) (NYSE:HSY) by 101.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,867 shares of the company’s stock after buying an additional 2,454 shares during the period. Drucker Wealth 3.0 LLC’s holdings in Hershey were worth $910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Crestwood Advisors Group LLC grew its stake in Hershey by 5.0% in the 3rd quarter. Crestwood Advisors Group LLC now owns 2,564 shares of the company’s stock valued at $480,000 after buying an additional 123 shares during the last quarter. NEOS Investment Management LLC grew its position in shares of Hershey by 50.3% in the third quarter. NEOS Investment Management LLC now owns 13,699 shares of the company’s stock valued at $2,562,000 after purchasing an additional 4,584 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of Hershey during the third quarter worth approximately $426,000. Rothschild Investment LLC boosted its stake in Hershey by 23.7% in the 3rd quarter. Rothschild Investment LLC now owns 1,019 shares of the company’s stock valued at $191,000 after purchasing an additional 195 shares during the period. Finally, Founders Financial Alliance LLC acquired a new position in Hershey in the 3rd quarter valued at $246,000. 57.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Zacks Research raised Hershey from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 29th. Wells Fargo & Company lifted their price objective on shares of Hershey from $182.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Friday, February 6th. UBS Group restated a “neutral” rating and set a $236.00 target price on shares of Hershey in a research report on Friday, February 6th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $250.00 target price on shares of Hershey in a report on Friday, February 6th. Finally, DA Davidson set a $243.00 price objective on Hershey in a report on Friday, February 6th. One 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $218.74.

Insider Transactions at Hershey

In other Hershey news, CFO Steven E. Voskuil sold 1,500 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $198.67, for a total value of $298,005.00. Following the completion of the transaction, the chief financial officer owned 52,319 shares of the company’s stock, valued at $10,394,215.73. This represents a 2.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Stacy Taffet bought 200 shares of the company’s stock in a transaction on Friday, November 21st. The stock was purchased at an average price of $186.19 per share, with a total value of $37,238.00. Following the completion of the transaction, the insider directly owned 9,371 shares of the company’s stock, valued at approximately $1,744,786.49. The trade was a 2.18% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.28% of the company’s stock.

Hershey Price Performance

Shares of HSY stock opened at $219.24 on Wednesday. The business has a fifty day simple moving average of $195.81 and a 200 day simple moving average of $187.88. The company has a market cap of $44.46 billion, a P/E ratio of 50.52, a P/E/G ratio of 1.40 and a beta of 0.18. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. Hershey Company has a twelve month low of $150.04 and a twelve month high of $234.87.

Hershey (NYSE:HSY) last issued its earnings results on Thursday, February 5th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.40 by $0.31. The firm 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 business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.69 earnings per share. Hershey has set its FY 2026 guidance at 8.200-8.520 EPS. On average, sell-side analysts forecast that Hershey Company will post 6.12 EPS for the current fiscal year.

Hershey Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Tuesday, February 17th will be paid a dividend of $1.452 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This is a boost from Hershey’s previous quarterly dividend of $1.37. This represents a $5.81 dividend on an annualized basis and a dividend yield of 2.6%. Hershey’s payout ratio is presently 126.27%.

Hershey 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.