Corient Private Wealth LP Buys Shares of 558,544 Hershey Company (The) $HSY

Key Points

• Corient Private Wealth LP initiated a position of 558,544 Hershey shares valued at approximately $6.4 million, while institutional investors collectively own 57.96% of the company.
• Hershey reported quarterly EPS of $1.90, exceeding estimates of $1.43, as revenue rose 6.6% year over year to $2.79 billion. The company issued fiscal 2026 EPS guidance of $8.36–$8.52.
• Hershey declared a quarterly dividend of $1.452 per share, equivalent to an annualized $5.81 payout and a 3.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $204.78.

Corient Private Wealth LP bought a new position in shares of Hershey Company (The) (NYSE:HSY - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 558,544 shares of the company's stock, valued at approximately $6,414,000. Corient Private Wealth LP owned about 0.28% of Hershey as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Syon Capital LLC grew its position in Hershey by 1.5% during the 4th quarter. Syon Capital LLC now owns 3,020 shares of the company's stock worth $550,000 after acquiring an additional 46 shares during the last quarter. Haverford Trust Co boosted its stake in shares of Hershey by 0.7% during the fourth quarter. Haverford Trust Co now owns 6,796 shares of the company's stock valued at $1,237,000 after purchasing an additional 46 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Hershey by 2.0% during the fourth quarter. Larson Financial Group LLC now owns 2,561 shares of the company's stock valued at $466,000 after purchasing an additional 50 shares in the last quarter. Venture Visionary Partners LLC grew its holdings in shares of Hershey by 0.7% during the fourth quarter. Venture Visionary Partners LLC now owns 8,034 shares of the company's stock worth $1,462,000 after purchasing an additional 53 shares during the last quarter. Finally, Bruce G. Allen Investments LLC grew its holdings in shares of Hershey by 4.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 1,325 shares of the company's stock worth $241,000 after purchasing an additional 55 shares during the last quarter. 57.96% of the stock is currently owned by institutional investors.

Hershey Price Performance

Hershey stock opened at $179.34 on Monday. The stock's 50 day moving average is $179.18 and its 200 day moving average is $194.29. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.18 and a quick ratio of 0.66. The firm has a market cap of $36.03 billion, a P/E ratio of 24.50, a P/E/G ratio of 1.09 and a beta of 0.11. Hershey Company has a one year low of $161.43 and a one year high of $239.48.

Hershey (NYSE:HSY - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.90 earnings per share for the quarter, beating analysts' consensus estimates of $1.43 by $0.47. Hershey had a net margin of 12.24% and a return on equity of 31.92%. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the prior year, the firm posted $1.21 EPS. The company's revenue for the quarter was up 6.6% compared to the same quarter last year. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. As a group, research analysts expect that Hershey Company will post 8.49 EPS for the current year.

Hershey Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be given a dividend of $1.452 per share. 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 is 79.23%.

Insiders Place Their Bets

In related news, CFO Steven E. Voskuil sold 1,500 shares of Hershey stock in a transaction on Monday, July 20th. The shares were sold at an average price of $170.00, for a total transaction of $255,000.00. Following the completion of the transaction, the chief financial officer owned 53,195 shares of the company's stock, valued at $9,043,150. This trade represents a 2.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 owned by corporate insiders.

Analyst Ratings Changes

HSY has been the subject of a number of research reports. UBS Group raised their price objective on shares of Hershey from $190.00 to $198.00 and gave the company a "neutral" rating in a report on Friday, July 31st. Evercore set a $225.00 target price on shares of Hershey in a report on Thursday, July 23rd. Mizuho decreased their price target on shares of Hershey from $195.00 to $185.00 and set a "neutral" rating for the company in a research report on Wednesday, May 20th. Barclays dropped their price target on shares of Hershey from $208.00 to $200.00 and set an "equal weight" rating for the company in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $191.00 price target on shares of Hershey in a report on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company. According to MarketBeat, Hershey currently has a consensus rating of "Hold" and a consensus target price of $204.78.

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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