Securian Asset Management Inc. Sells 3,036 Shares of Hershey Company (The) $HSY

Posted by George Bondi on May 15th, 2026

Securian Asset Management Inc. trimmed its stake in shares of Hershey Company (The) (NYSE:HSY – Free Report) by 43.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,984 shares of the company’s stock after selling 3,036 shares during the quarter. Securian Asset Management Inc.’s holdings in Hershey were worth $725,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of HSY. First Trust Advisors LP grew its position in Hershey by 240.0% in the third quarter. First Trust Advisors LP now owns 1,262,671 shares of the company’s stock valued at $236,183,000 after acquiring an additional 891,287 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Hershey by 121.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,104,299 shares of the company’s stock valued at $206,559,000 after purchasing an additional 605,048 shares in the last quarter. Candlestick Capital Management LP acquired a new stake in shares of Hershey during the 3rd quarter worth about $64,469,000. Clark Capital Management Group Inc. bought a new position in Hershey during the 3rd quarter valued at about $44,464,000. Finally, Vanguard Group Inc. boosted its position in Hershey by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 19,067,235 shares of the company’s stock valued at $3,469,855,000 after buying an additional 191,671 shares in the last quarter. 57.96% of the stock is currently owned by institutional investors.

Insider Activity

In related news, SVP Jason Reiman sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was 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. This trade represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Rohit Grover sold 3,500 shares of Hershey stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $226.07, for a total value of $791,245.00. Following the completion of the sale, the insider owned 34,568 shares of the company’s stock, valued at approximately $7,814,787.76. The trade was a 9.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,000 shares of company stock valued at $2,189,090 over the last 90 days. 0.08% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on HSY shares. JPMorgan Chase & Co. cut their target price on shares of Hershey from $211.00 to $204.00 and set a “neutral” rating for the company in a research note on Friday, May 1st. DA Davidson decreased their price target on Hershey from $230.00 to $208.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. BTIG Research started coverage on Hershey in a report on Monday, April 13th. They set a “neutral” rating for the company. UBS Group cut their price objective on Hershey from $215.00 to $200.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Finally, TD Cowen raised Hershey from a “hold” rating to a “buy” rating and set a $210.00 price objective on the stock in a research note on Friday, May 1st. Seven analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $218.33.

Read Our Latest Stock Analysis on HSY

Hershey Price Performance

HSY opened at $190.04 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.24 and a quick ratio of 0.77. The stock has a market capitalization of $38.55 billion, a P/E ratio of 35.39, a price-to-earnings-growth ratio of 1.17 and a beta of 0.07. The company’s 50 day simple moving average is $203.53 and its 200-day simple moving average is $196.98. Hershey Company has a one year low of $150.04 and a one year high of $239.48.

Hershey (NYSE:HSY – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.31. Hershey had a net margin of 9.12% and a return on equity of 28.98%. The firm had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter in the previous year, the company posted $2.09 EPS. Hershey’s revenue was up 10.7% on a year-over-year basis. Sell-side analysts anticipate that Hershey Company will post 8.45 earnings per share for the current fiscal year.

Hershey Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 15th will be given a dividend of $1.452 per share. The ex-dividend date is Friday, May 15th. This represents a $5.81 dividend on an annualized basis and a dividend yield of 3.1%. Hershey’s payout ratio is presently 108.19%.

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.