Investment Analysts’ Recent Ratings Updates for Hershey (HSY)

A number of research firms have changed their ratings and price targets for Hershey (NYSE: HSY):

• 7/31/2026 – Hershey had its “hold” rating reaffirmed by Deutsche Bank Aktiengesellschaft.
• 7/31/2026 – Hershey was given a new $190.00 price target by Wells Fargo & Company.
• 7/23/2026 – Hershey was given a new $225.00 price target by Evercore Inc.
• 7/22/2026 – Hershey had its price target lowered by Stifel Nicolaus from $215.00 to $180.00. They now have a “hold” rating on the stock.
• 7/21/2026 – Hershey had its price target lowered by Barclays PLC from $220.00 to $208.00. They now have an “equal weight” rating on the stock.
• 7/16/2026 – Hershey was given a new $190.00 price target by Jefferies Financial Group Inc..
• 7/16/2026 – Hershey had its price target lowered by UBS Group AG from $200.00 to $190.00. They now have a “neutral” rating on the stock.
• 7/13/2026 – Hershey had its price target lowered by JPMorgan Chase & Co. from $204.00 to $191.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Hershey had its price target lowered by Piper Sandler from $249.00 to $200.00. They now have an “overweight” rating on the stock.
• 7/6/2026 – Hershey was upgraded by DA Davidson to “hold”.
• 6/26/2026 – Hershey was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 6/25/2026 – Hershey had its price target lowered by Bank of America Corporation from $220.00 to $200.00. They now have a “neutral” rating on the stock.

Hershey Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be paid a dividend of $1.452 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $5.81 dividend on an annualized basis and a yield of 3.3%. Hershey’s dividend payout ratio (DPR) is currently 108.19%.

Insider Buying and Selling at Hershey

In other news, CFO Steven E. Voskuil sold 1,500 shares of the business’s stock in a transaction 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 completion of the sale, the chief financial officer directly owned 53,195 shares of the company’s stock, valued at $9,043,150. The trade was a 2.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.08% of the stock is currently owned by company insiders.

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.