Tocqueville Asset Management L.P. Acquires New Position in Hershey Company (The) $HSY

Posted by Geri Gentry on Aug 22nd, 2026

Tocqueville Asset Management L.P. purchased a new stake in Hershey Company (The) (NYSE:HSY – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,602 shares of the company’s stock, valued at approximately $632,000.

A number of other institutional investors have also recently modified their holdings of HSY. one8zero8 LLC acquired a new stake in Hershey in the second quarter valued at $518,000. Kentucky Farm Bureau Mutual Insurance Co acquired a new position in shares of Hershey during the 2nd quarter worth $2,193,000. West Family Investments Inc. acquired a new position in shares of Hershey during the 2nd quarter worth $320,000. NewEdge Wealth LLC purchased a new position in shares of Hershey in the 2nd quarter valued at about $1,495,000. Finally, BOK Financial Private Wealth Inc. purchased a new position in shares of Hershey in the 2nd quarter valued at about $64,000. 57.96% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Steven E. Voskuil sold 1,500 shares of the stock in a transaction 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 completion of the sale, the chief financial officer owned 53,195 shares of the company’s stock, valued at $9,043,150. This represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.08% of the company’s stock.

Hershey Price Performance

NYSE:HSY opened at $186.27 on Friday. Hershey Company has a 12-month low of $161.43 and a 12-month high of $239.48. The firm has a market cap of $37.43 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 1.15 and a beta of 0.11. The company’s 50-day moving average is $178.40 and its two-hundred day moving average is $195.50. The company has a current ratio of 1.18, a quick ratio of 0.66 and a debt-to-equity ratio of 1.03.

Hershey (NYSE:HSY – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.47. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.63 billion. Hershey had a return on equity of 31.92% and a net margin of 12.24%.The business’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.21 earnings per share. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. Research analysts expect that Hershey Company will post 8.49 EPS for the current year.

Hershey Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be issued a $1.452 dividend. The ex-dividend date is Friday, August 14th. This represents a $5.81 annualized dividend and a yield of 3.1%. Hershey’s dividend payout ratio (DPR) is presently 79.23%.

Analyst Ratings Changes

HSY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $191.00 price objective on shares of Hershey in a report on Friday, July 31st. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $201.00 target price on shares of Hershey in a report on Friday, July 31st. UBS Group lifted their price target on shares of Hershey from $190.00 to $198.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Jefferies Financial Group set a $190.00 price target on Hershey in a research note on Thursday, July 16th. Finally, Mizuho lowered their price target on Hershey from $195.00 to $185.00 and set a “neutral” rating on the stock in a report on Wednesday, May 20th. Seven analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $204.78.

Get Our Latest Report on Hershey

Hershey Company 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.