Truist Financial Corp Raises Stock Holdings in Hershey Company (The) $HSY

Posted by Alanna Baker on Feb 1st, 2026

Truist Financial Corp lifted its stake in Hershey Company (The) (NYSE:HSY – Free Report) by 16.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 82,099 shares of the company’s stock after buying an additional 11,600 shares during the quarter. Truist Financial Corp’s holdings in Hershey were worth $15,357,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Master S Wealth Management Inc. purchased a new stake in Hershey in the 3rd quarter worth approximately $484,000. CFM Wealth Partners LLC purchased a new stake in shares of Hershey in the third quarter worth $215,000. Belpointe Asset Management LLC raised its position in shares of Hershey by 144.2% during the 3rd quarter. Belpointe Asset Management LLC now owns 6,350 shares of the company’s stock valued at $1,188,000 after purchasing an additional 3,750 shares during the period. Bank of Jackson Hole Trust lifted its stake in shares of Hershey by 396.4% during the 3rd quarter. Bank of Jackson Hole Trust now owns 695 shares of the company’s stock valued at $130,000 after buying an additional 555 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its stake in shares of Hershey by 52.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 2,303 shares of the company’s stock valued at $431,000 after buying an additional 796 shares in the last quarter. 57.96% of the stock is currently owned by institutional investors.

Hershey Trading Up 2.2%

HSY stock opened at $194.74 on Friday. The firm has a fifty day moving average price of $187.24 and a 200 day moving average price of $184.57. Hershey Company has a fifty-two week low of $140.13 and a fifty-two week high of $201.86. The firm has a market cap of $39.49 billion, a PE ratio of 29.11 and a beta of 0.18. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.83 and a current ratio of 1.36.

Hershey (NYSE:HSY – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.06 by $0.24. Hershey had a net margin of 11.84% and a return on equity of 32.08%. The business had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.11 billion. During the same quarter last year, the business earned $2.34 earnings per share. Hershey’s quarterly revenue was up 6.5% compared to the same quarter last year. Sell-side analysts anticipate that Hershey Company will post 6.12 earnings per share for the current fiscal year.

Insider Activity at Hershey

In related news, CFO Steven E. Voskuil sold 1,500 shares of Hershey stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $198.67, for a total value of $298,005.00. Following the completion of the transaction, the chief financial officer owned 52,319 shares in the company, valued at approximately $10,394,215.73. This trade represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Kirk Tanner acquired 2,000 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were bought at an average price of $185.46 per share, for a total transaction of $370,920.00. Following the completion of the transaction, the chief executive officer owned 47,860 shares of the company’s stock, valued at approximately $8,876,115.60. This trade represents a 4.36% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders sold 6,000 shares of company stock valued at $1,119,450. Insiders own 0.34% of the company’s stock.

Wall Street Analyst Weigh In

HSY has been the topic of a number of recent analyst reports. TD Cowen decreased their price target on Hershey from $204.00 to $200.00 and set a “hold” rating on the stock in a report on Friday, October 31st. Morgan Stanley reissued an “overweight” rating and set a $214.00 target price on shares of Hershey in a research note on Wednesday. Zacks Research raised Hershey from a “hold” rating to a “strong-buy” rating in a report on Thursday. Argus raised shares of Hershey to a “hold” rating in a report on Wednesday, November 26th. Finally, DA Davidson reduced their price objective on shares of Hershey from $188.00 to $185.00 and set a “neutral” rating on the stock in a research report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and sixteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Hershey presently has an average rating of “Hold” and a consensus target price of $191.79.

Get Our Latest Report on HSY

Hershey News Summary

Here are the key news stories impacting Hershey this week:

Positive Sentiment: Zacks added HSY to its Rank #1 (Strong Buy) list and to its income-stock recommendations — a formal upgrade that can attract investor flows and income-focused buyers. New Strong Buy Stocks for January 30th Best Income Stocks to Buy for January 30th
Positive Sentiment: Analysts and previews expect Hershey to beat Q4 estimates based on solid demand, pricing power and brand strength — earnings beats typically drive short-term stock gains. Hershey Expected to Beat Earnings Estimates Q4 Earnings on Deck: What to Expect
Positive Sentiment: Product innovation: Jolly Rancher launched a new spicy gummy collaboration (VeeFriends), which can boost seasonal demand and brand buzz — a tangible growth catalyst for confection sales. Hot Take: Jolly Rancher Just Made Gummies Spicy
Neutral Sentiment: Valuation and earnings optimism article highlights both potential upside from continued margin improvement and the stock’s premium multiple — useful context but mixed impact short term. A Look At Hershey Valuation As Earnings Optimism And New Jolly Rancher Gummies Draw Attention
Neutral Sentiment: Market coverage note: HSY traded up while broader market dipped — shows defensive demand but not a definitive directional signal. Hershey Rises As Market Takes a Dip
Negative Sentiment: MarketWatch flags that HSY still underperformed key competitors on a relative basis despite daily gains — relative weakness could limit further multiple expansion until comps show similar strength. Hershey Co. stock underperforms Friday when compared to competitors despite daily gains

Hershey Company Profile

(Free Report)

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.