Hershey (NYSE:HSY) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of The Hershey Company NYSE: HSY. In a filing disclosed on May 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Hershey stock on May 14th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 5/16/2025.
• Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Impinj NASDAQ: PI on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Corning NYSE: GLW on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Chevron NYSE: CVX on 5/14/2025.
• Purchased $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Blackstone NYSE: BX on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 5/14/2025.
• Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 5/14/2025.

Hershey Trading Down 0.5%

Shares of NYSE:HSY opened at $155.73 on Wednesday. The stock's fifty day moving average price is $165.76 and its 200-day moving average price is $167.46. The Hershey Company has a 1 year low of $140.13 and a 1 year high of $209.65. The company has a market cap of $31.52 billion, a P/E ratio of 14.29, a PEG ratio of 5.90 and a beta of 0.32. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.96 and a quick ratio of 0.64.

Hershey (NYSE:HSY - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.15. Hershey had a net margin of 19.83% and a return on equity of 44.77%. The firm had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $2.81 billion. During the same quarter in the prior year, the business earned $3.07 EPS. The business's quarterly revenue was down 13.8% on a year-over-year basis. Sell-side analysts expect that The Hershey Company will post 6.12 earnings per share for the current year.

Hershey Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 16th will be issued a $1.37 dividend. The ex-dividend date is Friday, May 16th. This represents a $5.48 dividend on an annualized basis and a yield of 3.52%. Hershey's payout ratio is currently 67.57%.

Wall Street Analysts Forecast Growth

Several research firms have commented on HSY. Mizuho decreased their price target on shares of Hershey from $170.00 to $140.00 in a research report on Wednesday, February 5th. Morgan Stanley cut their price target on Hershey from $183.00 to $177.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 17th. Bernstein Bank decreased their price objective on Hershey from $177.00 to $146.00 and set a "market perform" rating for the company in a report on Wednesday, February 5th. Stifel Nicolaus lowered their price target on shares of Hershey from $170.00 to $160.00 and set a "hold" rating on the stock in a report on Friday, February 7th. Finally, Royal Bank of Canada cut their price objective on shares of Hershey from $178.00 to $175.00 and set a "sector perform" rating for the company in a report on Friday, May 2nd. Five research analysts have rated the stock with a sell rating and fifteen have given a hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $161.40.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Montag & Caldwell LLC purchased a new stake in Hershey during the 4th quarter valued at approximately $25,000. Putney Financial Group LLC purchased a new position in shares of Hershey during the fourth quarter valued at approximately $25,000. Crowley Wealth Management Inc. purchased a new position in shares of Hershey during the 4th quarter worth about $28,000. Mpwm Advisory Solutions LLC acquired a new stake in Hershey during the fourth quarter worth about $28,000. Finally, Proffitt & Goodson Inc. purchased a new position in Hershey in the first quarter valued at approximately $28,000. Hedge funds and other institutional investors own 57.96% of the company's stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Hershey

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels.

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