Concurrent Investment Advisors LLC boosted its holdings in shares of Hershey Company (The) (NYSE:HSY – Free Report) by 92.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,424 shares of the company’s stock after acquiring an additional 4,516 shares during the period. Concurrent Investment Advisors LLC’s holdings in Hershey were worth $1,715,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Liberty One Investment Management LLC raised its stake in Hershey by 32.4% during the third quarter. Liberty One Investment Management LLC now owns 38,076 shares of the company’s stock valued at $7,122,000 after purchasing an additional 9,309 shares in the last quarter. Friedenthal Financial raised its stake in Hershey by 38,266.7% during the fourth quarter. Friedenthal Financial now owns 5,755 shares of the company’s stock valued at $1,047,000 after purchasing an additional 5,740 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its stake in Hershey by 166.8% during the third quarter. Ashton Thomas Private Wealth LLC now owns 39,200 shares of the company’s stock valued at $7,332,000 after purchasing an additional 24,509 shares in the last quarter. CORDA Investment Management LLC. raised its stake in Hershey by 6.6% during the third quarter. CORDA Investment Management LLC. now owns 113,746 shares of the company’s stock valued at $21,276,000 after purchasing an additional 7,064 shares in the last quarter. Finally, Independent Advisor Alliance raised its stake in Hershey by 6.4% during the third quarter. Independent Advisor Alliance now owns 42,538 shares of the company’s stock valued at $7,957,000 after purchasing an additional 2,573 shares in the last quarter. Hedge funds and other institutional investors own 57.96% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $267.00 price target on shares of Hershey in a research note on Friday, February 6th. Piper Sandler reaffirmed an “overweight” rating and set a $249.00 price target on shares of Hershey in a research note on Wednesday, February 25th. DA Davidson set a $243.00 target price on shares of Hershey in a research note on Friday, February 6th. JPMorgan Chase & Co. reduced their target price on shares of Hershey from $230.00 to $211.00 and set a “neutral” rating on the stock in a research note on Monday, April 20th. Finally, Barclays reduced their target price on shares of Hershey from $240.00 to $225.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Six equities research analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $223.83.
Insider Buying and Selling
In related news, CFO Steven E. Voskuil sold 1,500 shares of the firm’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $194.10, for a total value of $291,150.00. Following the transaction, the chief financial officer owned 57,695 shares of the company’s stock, valued at $11,198,599.50. This trade represents a 2.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Rohit Grover sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $226.07, for a total transaction of $791,245.00. Following the completion of the transaction, the insider directly owned 34,568 shares in the company, valued at $7,814,787.76. This represents a 9.19% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 10,000 shares of company stock valued at $2,189,090 in the last 90 days. Company insiders own 0.08% of the company’s stock.
Trending Headlines about Hershey
Here are the key news stories impacting Hershey this week:
- Positive Sentiment: RBC and other outlets expect Hershey to report a strong Q1 driven by “solid” consumption trends, which could support an upside beat on revenue and EPS vs. consensus if consumption and pricing hold. Hershey’s First-Quarter Results Likely to be Strong Amid ‘Solid’ Consumption Trends, RBC Says
- Positive Sentiment: Cocoa spot and futures prices have collapsed from their 2024 peak (article argues ~74% drop), creating a meaningful potential input-cost tailwind for Hershey that could lift margins over coming quarters as contracts roll and cost savings hit the P&L. The piece also notes the company has resumed dividend increases, signalling cash-flow resilience. Hershey: Cocoa Prices Crashed 74%, And The P&L Hasn’t Caught Up Yet
- Positive Sentiment: Brand trust recognition (lists of most trustworthy companies in PA/US) is a reputational positive that supports pricing power and resilience in consumer staples demand. This can be a tailwind for long-term premium positioning. See where Pittsburgh companies rank among most trustworthy in US
- Neutral Sentiment: Wall Street projections and metric-level previews compile estimates for HSY Q1 (revenue, EPS, consumption, channel inventory metrics). These previews set the beat/miss bar; pay attention to actual consumption, mix, and gross-margin detail. Insights Into Hershey (HSY) Q1: Wall Street Projections for Key Metrics
- Neutral Sentiment: MSN provides an earnings preview of what to watch in HSY results (volumes, pricing, channel inventories, margin cadence). Useful for positioning ahead of the print but not new material by itself. Hershey earnings: What to look for from HSY
- Neutral Sentiment: Additional analyst write-ups and forecasts summarize near-term drivers and technicals for HSY; they compile sell-side expectations and scenarios but largely reiterate the same themes (consumption, price/mix, cocoa deflation). Hershey Stock Forecast What Is Driving Hershey Stock Now
- Neutral Sentiment: Duplicate previews from Zacks mirror the Wall Street/preview coverage; they reiterate expectations and highlight margins and crush/commodity pressures in the broader consumer/food complex. Insights Into Hershey (HSY) Q1: Wall Street Projections for Key Metrics (Zacks)
- Negative Sentiment: Analysts and some write-ups caution that the benefit of lower cocoa prices may lag the P&L and there remain execution/strategy risks (inventory, promotion, and how quickly cost declines flow to gross margin). If management cannot convert lower input costs into margin expansion or if consumption weakens, upside will be limited. Hershey’s Q1 Saw ‘Solid’ Consumption Trends, RBC Says
- Neutral Sentiment: Two unrelated earnings previews (AB InBev and Archer Daniels Midland) were in the feed — they matter for packaged-food/beverage sector context but are not directly about Hershey. Use them only for macro/commodity comparisons. AB InBev Gears Up to Post Q1 Earnings: What’s in Store for the Stock? Archer Daniels to Post Q1 Earnings: What Should Investors Expect?
Hershey Trading Up 0.6%
Shares of HSY opened at $188.96 on Thursday. Hershey Company has a twelve month low of $150.04 and a twelve month high of $239.48. The company has a market cap of $38.30 billion, a P/E ratio of 43.54, a P/E/G ratio of 1.12 and a beta of 0.18. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The company’s fifty day simple moving average is $210.90 and its 200-day simple moving average is $196.76.
Hershey (NYSE:HSY – Get Free Report) last announced its earnings results on Thursday, February 5th. The company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.31. Hershey had a net margin of 7.55% and a return on equity of 27.90%. The business had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $2.97 billion. During the same quarter in the prior year, the firm posted $2.69 earnings per share. The business’s revenue for the quarter 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, analysts expect that Hershey Company will post 8.4 EPS for the current year.
Hershey Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Tuesday, February 17th were paid a $1.452 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $5.81 annualized dividend and a yield of 3.1%. This is a boost from Hershey’s previous quarterly dividend of $1.37. Hershey’s payout ratio is 133.87%.
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.
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