Hershey Company (The) $HSY Shares Sold by Teacher Retirement System of Texas

Key Points

• Teacher Retirement System of Texas cut its stake in Hershey by 27.3%, selling 9,863 shares in Q4 and now holds 26,299 shares valued at about $4.79 million.
• Hershey beat quarterly estimates with $1.71 EPS (vs. $1.40 expected) and $3.09B revenue, set FY2026 guidance of 8.200–8.520 EPS, and raised its quarterly dividend to $1.452 (annual $5.81, ~3.0% yield).
• Insiders sold roughly 10,000 shares (~$2.19M) over the past three months, while analyst sentiment is mixed — MarketBeat shows an average "Hold" and $223.83 target, though firms including Goldman Sachs have issued positive notes.

Teacher Retirement System of Texas cut its stake in shares of Hershey Company (The) (NYSE:HSY - Free Report) by 27.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,299 shares of the company's stock after selling 9,863 shares during the period. Teacher Retirement System of Texas' holdings in Hershey were worth $4,786,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. ARS Wealth Advisors Group LLC grew its stake in shares of Hershey by 1.8% during the 4th quarter. ARS Wealth Advisors Group LLC now owns 3,070 shares of the company's stock valued at $559,000 after buying an additional 54 shares during the period. Abacus Planning Group Inc. grew its stake in shares of Hershey by 4.0% during the 4th quarter. Abacus Planning Group Inc. now owns 1,407 shares of the company's stock valued at $256,000 after buying an additional 54 shares during the period. BSW Wealth Partners grew its stake in shares of Hershey by 5.1% during the 4th quarter. BSW Wealth Partners now owns 1,132 shares of the company's stock valued at $206,000 after buying an additional 55 shares during the period. Bellevue Asset Management LLC grew its stake in shares of Hershey by 13.5% during the 3rd quarter. Bellevue Asset Management LLC now owns 514 shares of the company's stock valued at $96,000 after buying an additional 61 shares during the period. Finally, Deseret Mutual Benefit Administrators grew its stake in shares of Hershey by 8.4% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 798 shares of the company's stock valued at $149,000 after buying an additional 62 shares during the period. 57.96% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Hershey news, SVP Jason Reiman sold 2,000 shares of the business's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $226.07, for a total value of $452,140.00. Following the transaction, the senior vice president owned 41,036 shares in the company, valued at $9,277,008.52. The trade was a 4.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Rohit Grover sold 3,500 shares of the business's stock in a transaction on 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 owned 34,568 shares in the company, valued at $7,814,787.76. This represents a 9.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 10,000 shares of company stock valued at $2,189,090. Company insiders own 0.08% of the company's stock.

Hershey Stock Up 0.1%

Shares of Hershey stock opened at $191.60 on Monday. The company has a fifty day moving average price of $212.88 and a 200 day moving average price of $196.88. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. Hershey Company has a twelve month low of $150.04 and a twelve month high of $239.48. The stock has a market cap of $38.84 billion, a price-to-earnings ratio of 44.15, a price-to-earnings-growth ratio of 1.15 and a beta of 0.18.

Hershey (NYSE:HSY - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The company reported $1.71 earnings per share for the quarter, topping analysts' consensus estimates of $1.40 by $0.31. Hershey had a net margin of 7.55% and a return on equity of 27.90%. The firm had revenue of $3.09 billion during the quarter, compared to analysts' expectations of $2.97 billion. During the same period in the prior year, the company earned $2.69 EPS. The firm's revenue was up 7.0% on a year-over-year basis. Hershey has set its FY 2026 guidance at 8.200-8.520 EPS. Equities research analysts forecast that Hershey Company will post 8.4 earnings per share for the current fiscal year.

Hershey Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Tuesday, February 17th were given a dividend of $1.452 per share. This is a positive change from Hershey's previous quarterly dividend of $1.37. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $5.81 dividend on an annualized basis and a yield of 3.0%. Hershey's dividend payout ratio is currently 133.87%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Weiss Ratings reissued a "hold (c)" rating on shares of Hershey in a research note on Tuesday, April 21st. Stifel Nicolaus lowered their price objective on shares of Hershey from $230.00 to $215.00 and set a "hold" rating for the company in a research note on Tuesday, April 21st. Barclays lowered their price objective on shares of Hershey from $240.00 to $225.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Hershey from $212.00 to $200.00 and set a "hold" rating for the company in a research note on Monday, March 30th. Finally, Wells Fargo & Company boosted their price objective on shares of Hershey from $182.00 to $220.00 and gave the company an "equal weight" rating in a research note on Friday, February 6th. Six investment analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Hershey presently has an average rating of "Hold" and an average target price of $223.83.

More Hershey News

Here are the key news stories impacting Hershey this week:

• Positive Sentiment: Goldman Sachs initiated a Buy on HSY, providing a bullish bench of institutional support that can limit downside and attract buyers. The Hershey Company (HSY) Gets a Buy from Goldman Sachs
• Positive Sentiment: Morgan Stanley cut its price target from $247 to $227 but kept an Overweight rating—still implying material upside (about ~18% from current levels), which supports a constructive medium-term view. Benzinga
• Neutral Sentiment: BTIG started coverage with a Neutral rating, praising Hershey's pricing, cost dynamics and international expansion but not yet enough to drive an upgrade. Why Are Wall Street Firms Cautious on The Hershey Company (HSY)
• Neutral Sentiment: Commentary on a recent ~10% pullback frames HSY as either a dip to buy after a strong multi-year run or a signal of near-term volatility—investors are debating valuation vs. momentum. Is It Too Late To Consider Hershey (HSY) After Recent 10.7% Share Price Pullback?
• Neutral Sentiment: An executive stock-sale disclosure drew attention but didn't produce a clear directional signal—worth monitoring insider activity for follow-through. Did Hershey Shares Move After Exec Stock Sale Disclosure?
• Negative Sentiment: Analysts and previews (Zacks/Yahoo) expect a decline in upcoming quarterly earnings and note Hershey lacks clear beat catalysts, raising short-term downside risk around the report. Analysts Estimate Hershey (HSY) to Report a Decline in Earnings
• Negative Sentiment: Stifel and other commentators issued cautious/pessimistic views on HSY's near-term outlook, adding selling pressure amid concerns about volumes and margin trends in packaged foods. Stifel Nicolaus Issues Pessimistic Forecast for Hershey NYSE: HSY Stock Price
• Negative Sentiment: Broader consumer-staples commentary flags sector underperformance vs. the market, creating headwinds for brand names like Hershey if risk appetite stays tilted toward growth. 3 Consumer Stocks We Think Twice About

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.

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