NEOS Investment Management LLC Has $4.23 Million Stake in Hershey Company (The) $HSY

NEOS Investment Management LLC boosted its stake in Hershey Company (The) (NYSE:HSY) by 15.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,134 shares of the company’s stock after acquiring an additional 3,139 shares during the quarter. NEOS Investment Management LLC’s holdings in Hershey were worth $4,234,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Syon Capital LLC lifted its holdings in shares of Hershey by 1.5% in the fourth quarter. Syon Capital LLC now owns 3,020 shares of the company’s stock valued at $550,000 after purchasing an additional 46 shares in the last quarter. Haverford Trust Co grew its holdings in shares of Hershey by 0.7% during the fourth quarter. Haverford Trust Co now owns 6,796 shares of the company’s stock worth $1,237,000 after buying an additional 46 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Hershey by 2.0% during the fourth quarter. Larson Financial Group LLC now owns 2,561 shares of the company’s stock worth $466,000 after buying an additional 50 shares in the last quarter. Venture Visionary Partners LLC raised its position in Hershey by 0.7% in the 4th quarter. Venture Visionary Partners LLC now owns 8,034 shares of the company’s stock valued at $1,462,000 after buying an additional 53 shares during the last quarter. Finally, Bruce G. Allen Investments LLC raised its position in Hershey by 4.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 1,325 shares of the company’s stock valued at $241,000 after buying an additional 55 shares during the last quarter. 57.96% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Steven 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 transaction, the chief financial officer directly owned 53,195 shares in the company, valued at approximately $9,043,150. The trade was a 2.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on HSY shares. Weiss Ratings raised Hershey from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 31st. Bank of America lowered their price objective on shares of Hershey from $220.00 to $200.00 and set a “neutral” rating on the stock in a report on Thursday, June 25th. JPMorgan Chase & Co. boosted their price objective on shares of Hershey from $191.00 to $193.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. UBS Group boosted their price objective on shares of Hershey from $190.00 to $198.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $201.00 target price on shares of Hershey in a report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat, Hershey presently has a consensus rating of “Hold” and a consensus target price of $204.78.

Hershey Stock Performance

Shares of NYSE HSY opened at $173.26 on Monday. 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 stock has a 50 day moving average price of $178.96 and a 200 day moving average price of $192.52. The stock has a market capitalization of $34.81 billion, a PE ratio of 23.67, a price-to-earnings-growth ratio of 1.37 and a beta of 0.11. Hershey Company has a 52 week low of $161.43 and a 52 week high of $239.48.

Hershey (NYSE:HSY) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.90 earnings per share for the quarter, topping the consensus estimate 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 quarter in the previous year, the firm earned $1.21 EPS. The business’s quarterly revenue was up 6.6% on a year-over-year basis. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. Analysts predict that Hershey Company will post 8.49 earnings per share for the current fiscal year.

Hershey Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be paid a $1.452 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $5.81 annualized dividend and a dividend yield of 3.4%. Hershey’s dividend payout ratio (DPR) is currently 79.37%.

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.