Envestnet Asset Management Inc. Has $206.56 Million Stock Position in Hershey Company (The) $HSY

Envestnet Asset Management Inc. grew its holdings in Hershey Company (The) (NYSE:HSY) by 121.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,104,299 shares of the company’s stock after acquiring an additional 605,048 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Hershey were worth $206,559,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. SJS Investment Consulting Inc. boosted its holdings in Hershey by 1,537.5% in the 3rd quarter. SJS Investment Consulting Inc. now owns 131 shares of the company’s stock valued at $25,000 after purchasing an additional 123 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in shares of Hershey in the second quarter valued at approximately $28,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Hershey in the second quarter valued at approximately $31,000. Vermillion & White Wealth Management Group LLC grew its position in Hershey by 46.3% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 199 shares of the company’s stock worth $33,000 after buying an additional 63 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in Hershey during the 2nd quarter worth $36,000. 57.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HSY has been the subject of a number of recent analyst reports. Bank of America upped their target price on Hershey from $200.00 to $210.00 and gave the company a “neutral” rating in a research report on Friday, December 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $185.00 price objective on shares of Hershey in a research report on Tuesday. Morgan Stanley reiterated an “overweight” rating and set a $214.00 price objective on shares of Hershey in a research note on Wednesday, January 28th. Sanford C. Bernstein restated an “outperform” rating on shares of Hershey in a research report on Monday, January 26th. Finally, Jefferies Financial Group upped their price target on shares of Hershey from $185.00 to $207.00 and gave the stock a “neutral” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $197.56.

Insider Transactions at Hershey

In other news, CEO Kirk Tanner acquired 2,000 shares of the stock in a transaction dated Friday, November 21st. The stock was bought at an average price of $185.46 per share, with a total value of $370,920.00. Following the completion of the purchase, the chief executive officer directly owned 47,860 shares of the company’s stock, valued at $8,876,115.60. This represents a 4.36% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Stacy Taffet acquired 200 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was acquired at an average price of $186.19 per share, with a total value of $37,238.00. Following the acquisition, the insider owned 9,371 shares in the company, valued at $1,744,786.49. The trade was a 2.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have sold 6,000 shares of company stock worth $1,119,450. Insiders own 0.34% of the company’s stock.

Hershey News Roundup

Here are the key news stories impacting Hershey this week:

• Positive Sentiment: Q4 earnings and revenue beat consensus: adjusted EPS $1.71 vs. ~$1.40 expected and revenue $3.09B, with organic growth helped by prior price increases — supports upside to the stock. Hershey Press Release
• Positive Sentiment: Management raised FY2026 guidance to EPS $8.20–$8.52 (well above consensus ~$7.08) and revenue roughly $12.2–$12.3B, signaling confidence in a margin recovery and stronger 2026 profit trajectory. Hershey sees strong 2026 (Reuters)
• Positive Sentiment: Board approved a 6% increase to the quarterly dividend to $1.452 per share (yield ~2.6%), a capital-return signal that supports income investors and underlines management’s confidence. Hershey Declares Quarterly Dividends (PRNewswire)
• Positive Sentiment: Analysts and outlets are raising targets and optimistic commentary is increasing (examples: Deutsche Bank tweak, DA Davidson / Jefferies notes), which can add momentum to the rally. Deutsche Bank Lifts Hershey Target (InsiderMonkey)
• Neutral Sentiment: Earnings-call prepared remarks and analyst summaries provide detail on drivers (pricing, cost recovery plans, channel mix); these give color for modeling but are not new catalysts by themselves. Q4 2025 Earnings Call Transcript (Seeking Alpha)
• Negative Sentiment: Cocoa prices and tariffs remain a headwind: company noted margin pressure from high cocoa costs and tariffs, and several news pieces flag continued commodity/tariff drag — a risk to near-term margins if costs don’t moderate. Hershey Profit Dragged Down (WSJ)
• Negative Sentiment: Cocoa futures jumped on the day (short covering after Hershey guidance eased demand concerns), which could push input costs higher and tighten margins if the move persists. Cocoa Prices Settle Sharply Higher (Barchart)

Hershey Stock Up 8.8%

Shares of NYSE HSY opened at $224.00 on Friday. The company has a market cap of $45.42 billion, a price-to-earnings ratio of 33.48 and a beta of 0.18. The company has a current ratio of 1.36, a quick ratio of 0.83 and a debt-to-equity ratio of 1.02. Hershey Company has a 12 month low of $150.04 and a 12 month high of $225.55. The stock has a 50-day moving average price of $188.83 and a two-hundred day moving average price of $185.53.

Hershey (NYSE:HSY) last announced its quarterly earnings results on Thursday, February 5th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.31. The company had revenue of $3.09 billion for the quarter, compared to analyst estimates of $2.97 billion. Hershey had a net margin of 11.84% and a return on equity of 32.08%. The firm’s revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.69 EPS. Hershey has set its FY 2026 guidance at 8.200-8.520 EPS. As a group, analysts forecast that Hershey Company will post 6.12 earnings per share for the current fiscal year.

Hershey Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $1.452 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from Hershey’s previous quarterly dividend of $1.37. This represents a $5.81 dividend on an annualized basis and a dividend yield of 2.6%. Hershey’s payout ratio is 81.91%.

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.