TD Asset Management Inc Sells 22,183 Shares of Hershey Company (The) $HSY

TD Asset Management Inc lessened its stake in Hershey Company (The) (NYSE:HSY) by 7.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 261,898 shares of the company’s stock after selling 22,183 shares during the quarter. TD Asset Management Inc owned 0.13% of Hershey worth $48,988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. lifted its stake in shares of Hershey by 1,537.5% in the third quarter. SJS Investment Consulting Inc. now owns 131 shares of the company’s stock worth $25,000 after buying an additional 123 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in Hershey in the 2nd quarter worth approximately $31,000. Vermillion & White Wealth Management Group LLC lifted its position in Hershey by 46.3% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 199 shares of the company’s stock valued at $33,000 after acquiring an additional 63 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Hershey during the 2nd quarter valued at $36,000. Finally, Fourth Dimension Wealth LLC bought a new stake in shares of Hershey in the 2nd quarter worth $39,000. 57.96% of the stock is owned by hedge funds and other institutional investors.

Hershey News Roundup

Here are the key news stories impacting Hershey this week:

• Positive Sentiment: Hershey’s recent quarter beat estimates and management set FY2026 guidance of $8.20–$8.52 EPS, confirming solid top-line growth and margin resilience — a primary driver for investor confidence. MarketBeat earnings & guidance summary
• Positive Sentiment: The company raised its quarterly dividend to $1.452 (annualized $5.81), increasing yield and income appeal for dividend-focused investors. Dividend growth reinforces the defensive, cash-return profile of HSY. MarketBeat dividend notice
• Positive Sentiment: Analysts and financial outlets continue to view Hershey as a high-quality, wide-moat consumer stock — it was featured on a list of five non-tech wide-moat leaders, supporting demand from long-term, defensive investors. Buy 5 Non-Tech Wide Moat Stocks to Enhance Your Portfolio Returns
• Neutral Sentiment: Food & beverage peers reported mixed results (e.g., Monster, Hormel, Smucker beats/metrics). These sector data points help set category expectations but are not company-specific catalysts for HSY. Monster Q4 earnings
• Negative Sentiment: Insider selling: SVP Jason Reiman sold 2,000 shares (avg. $226.07) and another senior insider, Rohit Grover, sold 3,500 shares on Feb. 24. While small relative to total holdings and not unusual following share-price strength, these sales can be perceived negatively by some investors. Insider selling disclosure

Hershey Stock Up 2.1%

HSY opened at $236.34 on Friday. The firm’s 50 day simple moving average is $202.43 and its two-hundred day simple moving average is $190.15. The company has a market capitalization of $47.90 billion, a PE ratio of 54.46, a PEG ratio of 1.46 and a beta of 0.18. Hershey Company has a 1-year low of $150.04 and a 1-year high of $236.78. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01.

Hershey (NYSE:HSY) last posted its quarterly earnings data on Thursday, February 5th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.40 by $0.31. Hershey had a return on equity of 27.90% and a net margin of 7.55%.The firm had revenue of $3.09 billion during the quarter, compared to analyst estimates of $2.97 billion. During the same period in the prior year, the business posted $2.69 EPS. Hershey’s revenue was up 7.0% on a year-over-year basis. Hershey has set its FY 2026 guidance at 8.200-8.520 EPS. As a group, equities analysts forecast that Hershey Company will post 6.12 EPS for the current year.

Hershey Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Tuesday, February 17th will be paid a dividend of $1.452 per share. This is a boost from Hershey’s previous quarterly dividend of $1.37. The ex-dividend date is Tuesday, February 17th. This represents a $5.81 dividend on an annualized basis and a dividend yield of 2.5%. Hershey’s dividend payout ratio is presently 133.87%.

Insider Buying and Selling

In other news, SVP Jason Reiman sold 2,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $226.07, for a total transaction of $452,140.00. Following the sale, the senior vice president directly owned 41,036 shares in the company, valued at $9,277,008.52. This trade represents a 4.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction of $329,490.00. Following the transaction, the chief financial officer owned 50,819 shares in the company, valued at approximately $11,162,901.54. This trade represents a 2.87% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 10,000 shares of company stock valued at $2,153,645. 0.34% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HSY. Mizuho upped their price target on Hershey from $165.00 to $195.00 and gave the company a “neutral” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $188.00 target price on shares of Hershey in a research report on Thursday, January 29th. DA Davidson set a $243.00 price target on shares of Hershey in a report on Friday, February 6th. Morgan Stanley set a $238.00 price target on shares of Hershey in a research note on Friday, February 6th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $267.00 target price on shares of Hershey in a report on Friday, February 6th. One investment 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $222.21.

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.