Bontempo Ohly Capital Mgmt LLC Invests $4.53 Million in Hershey Company (The) $HSY

Bontempo Ohly Capital Mgmt LLC acquired a new stake in shares of Hershey Company (The) (NYSE:HSY) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 25,820 shares of the company’s stock, valued at approximately $4,530,000. Hershey makes up 1.9% of Bontempo Ohly Capital Mgmt LLC’s investment portfolio, making the stock its 14th largest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bard Associates Inc. acquired a new stake in Hershey during the 4th quarter worth approximately $26,000. Reflection Asset Management acquired a new position in shares of Hershey in the fourth quarter valued at approximately $26,000. Bell Investment Advisors Inc acquired a new position in shares of Hershey in the second quarter valued at approximately $26,000. JPL Wealth Management LLC bought a new stake in shares of Hershey during the third quarter worth $26,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Hershey during the fourth quarter worth $27,000. 57.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Hershey

In other news, CFO Steven E. Voskuil sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $170.00, for a total transaction of $255,000.00. Following the transaction, 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 can be accessed 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.

Hershey Stock Performance

Shares of HSY stock opened at $185.77 on Thursday. Hershey Company has a 52 week low of $161.43 and a 52 week high of $239.48. The company has a 50-day simple moving average of $178.87 and a 200 day simple moving average of $195.00. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.66 and a current ratio of 1.18. The company has a market capitalization of $37.33 billion, a price-to-earnings ratio of 25.38, a PEG ratio of 1.14 and a beta of 0.11.

Hershey (NYSE:HSY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.47. Hershey had a return on equity of 31.92% and a net margin of 12.24%.The firm 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 firm 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. On average, sell-side analysts predict that Hershey Company will post 8.49 earnings per share for the current year.

Hershey Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th 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 3.1%. The ex-dividend date is Friday, August 14th. Hershey’s dividend payout ratio is presently 79.37%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Jefferies Financial Group set a $190.00 price objective on shares of Hershey in a research report on Thursday, July 16th. UBS Group increased their target price on Hershey from $190.00 to $198.00 and gave the stock a “neutral” rating in a report on Friday, July 31st. Sanford C. Bernstein reissued a “market perform” rating and issued a $201.00 price target on shares of Hershey in a research note on Friday, July 31st. Royal Bank Of Canada cut their price target on Hershey from $212.00 to $206.00 and set a “sector perform” rating on the stock in a report on Friday, August 21st. Finally, The Goldman Sachs Group set a $240.00 price objective on Hershey in a research report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $204.78.

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.