Caisse de depot et placement du Quebec Invests $25.67 Million in Hershey Company (The) $HSY

Key Points

• Caisse de dépôt et placement du Québec acquired 146,320 Hershey shares worth approximately $25.67 million, representing about 0.07% of the company. Institutional investors collectively own 57.96% of Hershey.
• Hershey reported quarterly EPS of $1.90, beating estimates of $1.43, while revenue rose 6.6% year over year to $2.79 billion. The company provided fiscal 2026 EPS guidance of $8.36–$8.52.
• Analysts maintain a consensus “Hold” rating with an average price target of $204.78, while Hershey announced a quarterly dividend of $1.452 per share, equivalent to a 3.2% annualized yield.

Caisse de depot et placement du Quebec acquired a new position in shares of Hershey Company (The) (NYSE:HSY - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 146,320 shares of the company's stock, valued at approximately $25,672,000. Caisse de depot et placement du Quebec owned approximately 0.07% of Hershey at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. GKV Capital Management Co. Inc. bought a new position in Hershey in the first quarter valued at about $27,000. JPL Wealth Management LLC bought a new stake in shares of Hershey during the third quarter worth about $26,000. Reflection Asset Management acquired a new position in shares of Hershey in the fourth quarter valued at approximately $26,000. Bard Associates Inc. bought a new position in Hershey in the 4th quarter valued at approximately $26,000. Finally, Bell Investment Advisors Inc bought a new position in Hershey in the 2nd quarter valued at approximately $26,000. 57.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HSY has been the topic of a number of research reports. UBS Group boosted their target price on shares of Hershey from $190.00 to $198.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. Evercore set a $225.00 price objective on Hershey in a research report on Thursday, July 23rd. DA Davidson set a $190.00 target price on Hershey in a report on Friday, July 31st. Wells Fargo & Company decreased their target price on shares of Hershey from $200.00 to $190.00 and set an "equal weight" rating for the company in a research report on Friday, July 31st. Finally, Barclays lowered their price target 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. Seven equities 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, the stock presently has a consensus rating of "Hold" and an average price target of $204.78.

Insider Activity at Hershey

In related news, CFO Steven E. Voskuil sold 1,500 shares of the business's stock in a transaction dated 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 sale, the chief financial officer directly owned 53,195 shares of the company's stock, valued at $9,043,150. The trade was a 2.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at 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 Price Performance

Shares of HSY opened at $179.34 on Friday. The firm has a market cap of $36.03 billion, a PE ratio of 24.50, a price-to-earnings-growth ratio of 1.10 and a beta of 0.11. Hershey Company has a 52-week low of $161.43 and a 52-week high of $239.48. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.66 and a current ratio of 1.18. The business's 50 day moving average price is $179.18 and its two-hundred day moving average price is $194.54.

Hershey (NYSE:HSY - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.90 earnings per share for the quarter, beating 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 net margin of 12.24% and a return on equity of 31.92%. Hershey's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.21 EPS. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. On average, equities analysts anticipate that Hershey Company will post 8.49 EPS for the current year.

Hershey Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be paid a $1.452 dividend. The ex-dividend date is Friday, August 14th. This represents a $5.81 annualized dividend and a dividend yield of 3.2%. Hershey's dividend payout ratio (DPR) is currently 79.37%.

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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