Rep. Dan Newhouse Sells Off Shares of Hershey Company (The) (NYSE:HSY)

Representative Dan Newhouse (Republican-Washington) recently sold shares of Hershey Company (The) (NYSE:HSY). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Hershey stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Hershey Stock Performance

Shares of Hershey stock traded down $1.50 during trading on Tuesday, reaching $170.21. The company’s stock had a trading volume of 106,372 shares, compared to its average volume of 2,028,839. The business’s 50-day moving average price is $181.85 and its 200-day moving average price is $197.16. The firm has a market cap of $34.52 billion, a PE ratio of 31.72, a P/E/G ratio of 1.03 and a beta of 0.11. Hershey Company has a 52 week low of $161.43 and a 52 week high of $239.48. The company has a quick ratio of 0.77, a current ratio of 1.24 and a debt-to-equity ratio of 0.99.

Hershey (NYSE:HSY) last released its quarterly earnings results on Thursday, April 30th. The company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.31. Hershey had a net margin of 9.12% and a return on equity of 28.98%. The business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same period last year, the firm earned $2.09 earnings per share. Hershey’s revenue for the quarter was up 10.7% compared to the same quarter last year. Equities analysts forecast that Hershey Company will post 8.42 earnings per share for the current year.

Hershey Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 15th were issued a dividend of $1.452 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $5.81 dividend on an annualized basis and a dividend yield of 3.4%. Hershey’s dividend payout ratio (DPR) is currently 108.19%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HSY. Evercore upgraded shares of Hershey from an “in-line” rating to an “outperform” rating and set a $255.00 target price on the stock in a research report on Wednesday, May 27th. Bank of America cut their price target on Hershey from $220.00 to $200.00 and set a “neutral” rating for the company in a research note on Thursday, June 25th. DA Davidson raised Hershey to a “hold” rating in a research report on Monday, July 6th. JPMorgan Chase & Co. lowered their price objective on Hershey from $204.00 to $191.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Finally, Stifel Nicolaus dropped their price objective on Hershey from $230.00 to $215.00 and set a “hold” rating for the company in a report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $211.89.

Institutional Trading of Hershey

Several institutional investors and hedge funds have recently modified their holdings of HSY. Vanguard Group Inc. raised its stake in Hershey by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 19,067,235 shares of the company’s stock worth $3,469,855,000 after acquiring an additional 191,671 shares in the last quarter. Capital International Investors grew its holdings in shares of Hershey by 1.9% during the 4th quarter. Capital International Investors now owns 9,106,431 shares of the company’s stock valued at $1,657,189,000 after purchasing an additional 169,660 shares during the last quarter. State Street Corp lifted its stake in Hershey by 1.8% in the 3rd quarter. State Street Corp now owns 7,253,041 shares of the company’s stock valued at $1,356,681,000 after purchasing an additional 128,982 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Hershey by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,315,653 shares of the company’s stock valued at $967,343,000 after purchasing an additional 124,464 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Hershey by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 4,831,101 shares of the company’s stock valued at $876,434,000 after buying an additional 104,024 shares in the last quarter. 57.96% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Hershey

In other Hershey news, CFO Steven E. Voskuil sold 1,500 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $173.43, for a total transaction of $260,145.00. Following the sale, the chief financial officer owned 54,695 shares of the company’s stock, valued at approximately $9,485,753.85. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.08% of the company’s stock.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

Hershey Company 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.