Schroder Investment Management Group Has $24.09 Million Stock Position in Hershey Company (The) $HSY

Schroder Investment Management Group grew its holdings in shares of Hershey Company (The) (NYSE:HSYFree Report) by 5.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 128,774 shares of the company’s stock after acquiring an additional 6,266 shares during the period. Schroder Investment Management Group owned about 0.06% of Hershey worth $24,087,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Hershey by 1.1% in the second quarter. Vanguard Group Inc. now owns 18,840,577 shares of the company’s stock valued at $3,126,594,000 after purchasing an additional 210,131 shares during the period. Charles Schwab Investment Management Inc. raised its position in Hershey by 2.5% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,116,739 shares of the company’s stock worth $849,123,000 after purchasing an additional 125,100 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Hershey by 2.8% during the 2nd quarter. Geode Capital Management LLC now owns 4,567,373 shares of the company’s stock worth $755,305,000 after buying an additional 126,519 shares during the period. JPMorgan Chase & Co. lifted its holdings in Hershey by 4.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,276,326 shares of the company’s stock worth $543,712,000 after buying an additional 144,640 shares during the period. Finally, Bank of America Corp DE grew its position in shares of Hershey by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 1,420,491 shares of the company’s stock valued at $235,731,000 after buying an additional 29,462 shares during the last quarter. Institutional investors and hedge funds own 57.96% of the company’s stock.

Hershey News Summary

Here are the key news stories impacting Hershey this week:

Insider Buying and Selling

In other Hershey news, CFO Steven E. Voskuil sold 1,500 shares of Hershey stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $219.66, for a total value of $329,490.00. Following the completion of the sale, the chief financial officer directly owned 50,819 shares of the company’s stock, valued at approximately $11,162,901.54. The trade was a 2.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Rohit Grover sold 3,500 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $226.07, for a total transaction of $791,245.00. Following 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,000 shares of company stock valued at $2,153,645 over the last ninety days. 0.34% of the stock is owned by corporate insiders.

Hershey Trading Down 1.1%

NYSE HSY opened at $215.38 on Friday. The stock has a market capitalization of $43.66 billion, a P/E ratio of 49.63, a P/E/G ratio of 1.37 and a beta of 0.14. The business has a 50 day simple moving average of $210.01 and a 200 day simple moving average of $193.01. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. Hershey Company has a one year low of $150.04 and a one year high of $239.48.

Hershey (NYSE:HSYGet Free Report) last issued its quarterly earnings results on Thursday, February 5th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.31. The firm had revenue of $3.09 billion for the quarter, compared to analyst estimates of $2.97 billion. Hershey had a return on equity of 27.90% and a net margin of 7.55%.The company’s revenue was up 7.0% compared to the same quarter last year. During the same period 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. Research analysts expect that Hershey Company will post 6.12 earnings per share for the current year.

Hershey Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Tuesday, February 17th will be given a dividend of $1.452 per share. This represents a $5.81 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, February 17th. This is a boost from Hershey’s previous quarterly dividend of $1.37. Hershey’s dividend payout ratio is presently 133.87%.

Analyst Ratings Changes

Several brokerages have recently weighed in on HSY. Royal Bank Of Canada reissued a “sector perform” rating and issued a $185.00 price target on shares of Hershey in a research note on Tuesday, February 3rd. Evercore reissued an “outperform” rating on shares of Hershey in a research report on Friday, February 6th. UBS Group restated a “neutral” rating and set a $236.00 price target on shares of Hershey in a report on Friday, February 6th. Mizuho boosted their price target on shares of Hershey from $165.00 to $195.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 24th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Hershey in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and sixteen have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $222.21.

View Our Latest Analysis on Hershey

Hershey Profile

(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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Institutional Ownership by Quarter for Hershey (NYSE:HSY)

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