5,095 Shares in Hershey Company (The) $HSY Bought by Callan Family Office LLC

Callan Family Office LLC bought a new stake in Hershey Company (The) (NYSE:HSY) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,095 shares of the company’s stock, valued at approximately $894,000.

A number of other large investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Hershey by 6.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,310 shares of the company’s stock valued at $2,618,000 after acquiring an additional 937 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Hershey by 20.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 697 shares of the company’s stock valued at $116,000 after acquiring an additional 117 shares during the period. Gamco Investors INC. ET AL acquired a new position in shares of Hershey in the 2nd quarter valued at $267,000. Bank of Nova Scotia raised its position in Hershey by 4.5% in the 2nd quarter. Bank of Nova Scotia now owns 17,927 shares of the company’s stock valued at $2,975,000 after purchasing an additional 769 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in Hershey by 5.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 22,247 shares of the company’s stock worth $3,692,000 after purchasing an additional 1,149 shares during the period. 57.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HSY has been the topic of a number of research reports. The Goldman Sachs Group set a $240.00 price target on Hershey in a report on Friday, May 1st. Mizuho reduced their price objective on Hershey from $195.00 to $185.00 and set a “neutral” rating for the company in a research note on Wednesday, May 20th. UBS Group increased their price objective on Hershey from $190.00 to $198.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. lifted their target price on Hershey from $191.00 to $193.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Finally, TD Cowen raised Hershey from a “hold” rating to a “buy” rating and set a $210.00 target price on the stock in a report on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company. Based on data from MarketBeat.com, Hershey has an average rating of “Hold” and an average price target of $204.78.

Insider Buying and Selling at Hershey

In related news, CFO Steven E. Voskuil sold 1,500 shares of the company’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $170.00, for a total value of $255,000.00. Following the completion of the transaction, the chief financial officer directly owned 53,195 shares in the company, valued at approximately $9,043,150. This represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.08% of the stock is currently owned by corporate insiders.

Hershey Trading Up 1.9%

Shares of HSY opened at $189.92 on Tuesday. Hershey Company has a twelve month low of $161.43 and a twelve month high of $239.48. The company has a current ratio of 1.18, a quick ratio of 0.66 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $38.16 billion, a P/E ratio of 25.95, a PEG ratio of 1.14 and a beta of 0.11. The firm’s 50-day moving average is $178.57 and its two-hundred day moving average is $195.40.

Hershey (NYSE:HSY) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.43 by $0.47. The business had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.63 billion. Hershey had a net margin of 12.24% and a return on equity of 31.92%. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.21 EPS. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. On average, research analysts predict that Hershey Company will post 8.49 earnings per share for the current fiscal year.

Hershey Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be issued a $1.452 dividend. The ex-dividend date is Friday, August 14th. This represents a $5.81 annualized dividend and a yield of 3.1%. Hershey’s payout ratio is 79.23%.

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.