Rep. Marjorie Taylor Greene Buys The Hershey Company (NYSE:HSY) Stock

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of The Hershey Company NYSE: HSY. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Hershey stock on May 5th. The trade occurred in the Representative's "MARJORIE IRA" account.

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

• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Occidental Petroleum NYSE: OXY on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 5/5/2025.

Hershey Stock Performance

Shares of HSY opened at $168.88 on Thursday. The firm has a market cap of $34.18 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 5.90 and a beta of 0.32. The company has a quick ratio of 0.64, a current ratio of 0.96 and a debt-to-equity ratio of 0.68. The business's 50 day moving average is $168.48 and its two-hundred day moving average is $168.67. The Hershey Company has a 52-week low of $140.13 and a 52-week high of $211.92.

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

Hershey Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 16th will be paid a dividend of $1.37 per share. The ex-dividend date is Friday, May 16th. This represents a $5.48 dividend on an annualized basis and a yield of 3.24%. Hershey's dividend payout ratio (DPR) is presently 67.57%.

Institutional Investors Weigh In On Hershey

Institutional investors and hedge funds have recently modified their holdings of the stock. Capital International Investors raised its holdings in Hershey by 31.4% during the 4th quarter. Capital International Investors now owns 12,460,147 shares of the company's stock worth $2,110,126,000 after buying an additional 2,980,997 shares during the period. GAMMA Investing LLC increased its position in shares of Hershey by 18,311.7% in the first quarter. GAMMA Investing LLC now owns 1,010,616 shares of the company's stock worth $1,728,460,000 after acquiring an additional 1,005,127 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of Hershey by 6,721.3% during the first quarter. Pacer Advisors Inc. now owns 819,446 shares of the company's stock valued at $140,150,000 after acquiring an additional 807,433 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Hershey in the 4th quarter valued at approximately $80,978,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Hershey by 38.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,628,047 shares of the company's stock worth $275,710,000 after purchasing an additional 453,428 shares during the period. Institutional investors and hedge funds own 57.96% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Piper Sandler downgraded Hershey from a "neutral" rating to an "underweight" rating and decreased their target price for the company from $153.00 to $120.00 in a research note on Friday, January 31st. Mizuho reduced their target price on shares of Hershey from $170.00 to $140.00 in a research note on Wednesday, February 5th. TD Cowen dropped their price target on shares of Hershey from $190.00 to $172.00 and set a "hold" rating on the stock in a research note on Wednesday, January 8th. DA Davidson boosted their price objective on Hershey from $162.00 to $163.00 and gave the stock a "neutral" rating in a research report on Monday. Finally, Stifel Nicolaus lowered their target price on Hershey from $170.00 to $160.00 and set a "hold" rating on the stock in a research report on Friday, February 7th. Five analysts have rated the stock with a sell rating and fifteen have issued a hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $161.40.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.