OMERS ADMINISTRATION Corp Acquires Shares of 11,975 Hershey Company (The) $HSY

Key Points

• OMERS Administration Corp. acquired 11,975 Hershey shares worth approximately $2.1 million, while institutional investors collectively own 57.96% of the company.
• Hershey exceeded quarterly expectations, reporting $1.90 in EPS versus the $1.43 consensus and $2.79 billion in revenue, up 6.6% year over year. The company maintained fiscal 2026 EPS guidance of $8.36–$8.52.
• Hershey declared a quarterly dividend of $1.452, equivalent to an annualized $5.81 payout and a 3.1% yield. Analysts maintain a consensus “Hold” rating with an average price target of $204.78.

OMERS ADMINISTRATION Corp bought a new position in shares of Hershey Company (The) (NYSE:HSY - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,975 shares of the company's stock, valued at approximately $2,101,000.

Several other large investors have also recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Hershey by 6.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,310 shares of the company's stock valued at $2,618,000 after buying an additional 937 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Hershey by 20.2% during the second quarter. EverSource Wealth Advisors LLC now owns 697 shares of the company's stock worth $116,000 after acquiring an additional 117 shares in the last quarter. Gamco Investors INC. ET AL purchased a new stake in shares of Hershey during the second quarter worth $267,000. Bank of Nova Scotia boosted its holdings in shares of Hershey by 4.5% in the second quarter. Bank of Nova Scotia now owns 17,927 shares of the company's stock worth $2,975,000 after acquiring an additional 769 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Hershey by 5.4% in the second quarter. Daiwa Securities Group Inc. now owns 22,247 shares of the company's stock worth $3,692,000 after acquiring an additional 1,149 shares during the period. Hedge funds and other institutional investors own 57.96% of the company's stock.

Hershey Price Performance

NYSE:HSY opened at $185.77 on Thursday. The firm has a market capitalization of $37.33 billion, a price-to-earnings ratio of 25.38, a P/E/G ratio of 1.14 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 stock has a fifty day moving average of $178.87 and a 200 day moving average of $195.00. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.66 and a current ratio of 1.18.

Hershey (NYSE:HSY - Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $1.90 EPS for the quarter, topping the consensus estimate 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 analysts' expectations of $2.63 billion. During the same period in the previous year, the business earned $1.21 earnings per share. The firm's revenue was up 6.6% on a year-over-year basis. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. On average, research analysts expect that Hershey Company will post 8.49 EPS for the current fiscal year.

Hershey Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be given a $1.452 dividend. This represents a $5.81 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, August 14th. Hershey's dividend payout ratio is 79.37%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HSY. JPMorgan Chase & Co. boosted their price objective on Hershey from $191.00 to $193.00 and gave the company a "neutral" rating in a research note on Friday, July 31st. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $201.00 target price on shares of Hershey in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $191.00 price target on shares of Hershey in a research report on Friday, July 31st. DA Davidson set a $190.00 price target on shares of Hershey in a report on Friday, July 31st. Finally, TD Cowen upgraded shares of Hershey from a "hold" rating to a "buy" rating and set a $210.00 price objective for the company in a research report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat, Hershey currently has an average rating of "Hold" and a consensus target price of $204.78.

Insider Buying and Selling at Hershey

In related news, CFO Steven E. Voskuil sold 1,500 shares of the firm's stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $170.00, for a total value of $255,000.00. Following the sale, the chief financial officer directly 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 document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company 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.

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