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Hsbc Holdings PLC Has $62.66 Million Holdings in Hershey Company (The) $HSY

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Key Points

  • HSBC increased its Hershey holdings by 7.8% in the second quarter, purchasing 25,911 additional shares. Its 356,753-share position was valued at approximately $62.66 million, while institutional investors and hedge funds collectively owned 57.96% of HSY.
  • Hershey reported stronger-than-expected quarterly results, with EPS of $1.90 versus the $1.43 consensus and revenue of $2.79 billion, up 6.6% year over year. The company maintained fiscal 2026 EPS guidance of $8.36–$8.52.
  • The company declared a quarterly dividend of $1.452 per share, implying an annualized payout of $5.81 and a 3.4% yield. Analysts’ average rating remains “Hold,” with an average price target of $204.78 versus the stock’s reported $173.26 price.
  • Five stocks we like better than Hershey.

Hsbc Holdings PLC increased its holdings in Hershey Company (The) (NYSE:HSY - Free Report) by 7.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 356,753 shares of the company's stock after purchasing an additional 25,911 shares during the quarter. Hsbc Holdings PLC owned approximately 0.18% of Hershey worth $62,664,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bard Associates Inc. bought a new stake in shares of Hershey in the 4th quarter valued at about $26,000. Reflection Asset Management acquired a new stake in shares of Hershey in the fourth quarter valued at about $26,000. Bell Investment Advisors Inc bought a new position in shares of Hershey during the second quarter worth about $26,000. JPL Wealth Management LLC bought a new position in shares of Hershey during the third quarter worth about $26,000. Finally, GKV Capital Management Co. Inc. bought a new position in shares of Hershey during the first quarter worth about $27,000. 57.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Hershey

In related news, CFO Steven Voskuil sold 1,500 shares of the business's 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 transaction, the chief financial officer owned 53,195 shares in the company, valued at $9,043,150. The trade was a 2.74% decrease in their position. The transaction was disclosed in a legal 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.

Hershey Stock Up 0.1%

Shares of Hershey stock opened at $173.26 on Tuesday. The stock's 50-day moving average is $178.80 and its 200 day moving average is $192.20. Hershey Company has a one year low of $161.43 and a one year high of $239.48. The firm has a market cap of $34.81 billion, a price-to-earnings ratio of 23.67, a PEG ratio of 1.37 and a beta of 0.11. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.18 and a quick ratio of 0.66.

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

Hershey Announces Dividend

The business also recently disclosed 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 3.4%. Hershey's payout ratio is currently 79.37%.

Analyst Ratings Changes

Several analysts recently commented on the company. Weiss Ratings upgraded Hershey from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, July 31st. Jefferies Financial Group set a $190.00 price target on shares of Hershey in a report on Thursday, July 16th. Stifel Nicolaus dropped their price target on shares of Hershey from $215.00 to $180.00 and set a "hold" rating on the stock in a research report on Wednesday, July 22nd. TD Cowen reaffirmed a "buy" rating on shares of Hershey in a research note on Tuesday, September 1st. Finally, JPMorgan Chase & Co. increased their price objective on shares of Hershey from $191.00 to $193.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company's stock. According to MarketBeat.com, Hershey currently has an average rating of "Hold" and an average target price of $204.78.

View Our Latest Report on HSY

About Hershey

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HSY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hershey Company (The) (NYSE:HSY - Free Report).

Institutional Ownership by Quarter for Hershey (NYSE:HSY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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