Hershey Company (The) $HSY Shares Bought by Tudor Financial Inc.

Tudor Financial Inc. raised its holdings in Hershey Company (The) (NYSE:HSY) by 73.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,880 shares of the company’s stock after purchasing an additional 5,020 shares during the quarter. Hershey accounts for approximately 0.9% of Tudor Financial Inc.’s investment portfolio, making the stock its 28th biggest holding. Tudor Financial Inc.’s holdings in Hershey were worth $2,084,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bard Associates Inc. purchased a new position in shares of Hershey during the 4th quarter valued at about $26,000. Reflection Asset Management acquired a new stake in Hershey during the fourth quarter worth about $26,000. Bell Investment Advisors Inc purchased a new position in Hershey during the second quarter valued at approximately $26,000. JPL Wealth Management LLC acquired a new position in Hershey in the third quarter valued at approximately $26,000. Finally, GKV Capital Management Co. Inc. acquired a new stake in shares of Hershey during the 1st quarter worth approximately $27,000. 57.96% of the stock is owned by institutional investors and hedge funds.

Hershey Trading Down 1.2%

HSY stock opened at $175.33 on Friday. The company has a current ratio of 1.18, a quick ratio of 0.66 and a debt-to-equity ratio of 1.03. Hershey Company has a 12-month low of $161.43 and a 12-month high of $239.48. The stock has a market cap of $35.23 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 1.40 and a beta of 0.11. The business’s 50-day moving average is $179.08 and its 200 day moving average is $192.86.

Hershey (NYSE:HSY) last posted 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 company had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.63 billion. Hershey had a return on equity of 31.92% and a net margin of 12.24%.Hershey’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.21 EPS. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. On average, sell-side analysts anticipate that Hershey Company will post 8.49 EPS for the current fiscal year.

Hershey Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be paid a $1.452 dividend. This represents a $5.81 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Friday, August 14th. Hershey’s dividend payout ratio is currently 79.37%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Stifel Nicolaus cut their target price on shares of Hershey from $215.00 to $180.00 and set a “hold” rating for the company in a report on Wednesday, July 22nd. Sanford C. Bernstein reissued a “market perform” rating and set a $201.00 price target on shares of Hershey in a report on Friday, July 31st. Weiss Ratings upgraded shares of Hershey from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 31st. Barclays cut their price objective on shares of Hershey from $208.00 to $200.00 and set an “equal weight” rating for the company in a report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $191.00 target price on shares of Hershey in a research note on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $204.78.

Insider Buying and Selling

In other Hershey news, CFO Steven Voskuil sold 1,500 shares of the firm’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 transaction, the chief financial officer owned 53,195 shares in the company, valued at approximately $9,043,150. This trade represents a 2.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.08% of the company’s stock.

Hershey Company 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.