Pictet Asset Management Holding SA Grows Holdings in Hershey Company (The) $HSY

Posted by on Jul 3rd, 2026

Pictet Asset Management Holding SA boosted its position in shares of Hershey Company (The) (NYSE:HSY – Free Report) by 16.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 76,306 shares of the company’s stock after acquiring an additional 10,558 shares during the period. Pictet Asset Management Holding SA’s holdings in Hershey were worth $15,876,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Bard Associates Inc. bought a new stake in shares of Hershey during the 4th quarter valued at $26,000. Reflection Asset Management bought a new position in Hershey in the 4th quarter worth $26,000. JPL Wealth Management LLC bought a new position in Hershey in the 3rd quarter worth $26,000. Laurel Wealth Advisors LLC purchased a new stake in Hershey in the 4th quarter worth $27,000. Finally, Manchester Capital Management LLC increased its stake in Hershey by 123.0% in the 4th quarter. Manchester Capital Management LLC now owns 165 shares of the company’s stock worth $30,000 after buying an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 57.96% of the company’s stock.

Insider Buying and Selling

In other Hershey news, CFO Steven E. Voskuil sold 1,500 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $173.43, for a total value of $260,145.00. Following the sale, the chief financial officer owned 54,695 shares in the company, valued at $9,485,753.85. This trade represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on HSY shares. UBS Group lowered their price objective on Hershey from $215.00 to $200.00 and set a “neutral” rating on the stock in a research report on Friday, May 1st. BTIG Research began coverage on Hershey in a research report on Monday, April 13th. They set a “neutral” rating for the company. JPMorgan Chase & Co. decreased their target price on Hershey from $211.00 to $204.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. The Goldman Sachs Group set a $240.00 price target on Hershey in a research note on Friday, May 1st. Finally, Zacks Research lowered shares of Hershey from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Seven research analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $217.50.

Get Our Latest Stock Report on HSY

Hershey Stock Up 2.0%

Shares of NYSE:HSY opened at $182.20 on Friday. The company has a market cap of $36.96 billion, a price-to-earnings ratio of 33.93, a PEG ratio of 1.08 and a beta of 0.11. Hershey Company has a 12 month low of $160.07 and a 12 month high of $239.48. The company has a 50-day moving average price of $185.15 and a 200 day moving average price of $198.13. The company has a current ratio of 1.24, a quick ratio of 0.77 and a debt-to-equity ratio of 0.99.

Hershey (NYSE:HSY – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.31. Hershey had a return on equity of 28.98% and a net margin of 9.12%.The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same quarter in the previous year, the company posted $2.09 EPS. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. As a group, equities research analysts predict that Hershey Company will post 8.43 earnings per share for the current year.

Hershey Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 15th were paid a dividend of $1.452 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $5.81 dividend on an annualized basis and a dividend yield of 3.2%. Hershey’s dividend payout ratio is currently 108.19%.

Hershey Profile

(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.

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Institutional Ownership by Quarter for Hershey (NYSE:HSY)

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