Coastal Bridge Advisors LLC Invests $640,000 in Hershey Company (The) $HSY

Posted by Brian Himes on Aug 29th, 2026

Coastal Bridge Advisors LLC bought a new position in Hershey Company (The) (NYSE:HSY – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,650 shares of the company’s stock, valued at approximately $640,000.

Other large investors have also added to or reduced their stakes in the company. Bard Associates Inc. purchased a new stake in shares of Hershey in the fourth quarter worth approximately $26,000. Reflection Asset Management bought a new position in shares of Hershey in the fourth quarter valued at approximately $26,000. Bell Investment Advisors Inc purchased a new position in shares of Hershey during the second quarter valued at approximately $26,000. JPL Wealth Management LLC purchased a new position in shares of Hershey during the third quarter valued at approximately $26,000. Finally, Laurel Wealth Advisors LLC bought a new stake in Hershey during the fourth quarter worth $27,000. Institutional investors own 57.96% of the company’s stock.

Insider Buying and Selling at Hershey

In other news, CFO Steven E. Voskuil sold 1,500 shares of the stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $170.00, for a total transaction of $255,000.00. Following the completion of the transaction, the chief financial officer directly owned 53,195 shares of the company’s stock, valued at $9,043,150. This represents a 2.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.08% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on HSY. Barclays lowered their price target on Hershey from $208.00 to $200.00 and set an “equal weight” rating for the company in a research report on Monday, August 3rd. Bank of America reduced their target price on shares of Hershey from $220.00 to $200.00 and set a “neutral” rating for the company in a research note on Thursday, June 25th. Royal Bank Of Canada dropped their price target on shares of Hershey from $212.00 to $206.00 and set a “sector perform” rating on the stock in a research report on Friday, August 21st. Sanford C. Bernstein restated a “market perform” rating and set a $201.00 price target on shares of Hershey in a report on Friday, July 31st. Finally, Evercore set a $225.00 price objective on shares of Hershey in a research report on Thursday, July 23rd. Seven research analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to MarketBeat, Hershey has a consensus rating of “Hold” and a consensus price target of $204.78.

Get Our Latest Stock Report on Hershey

Hershey Stock Down 1.1%

Shares of NYSE:HSY opened at $179.34 on Friday. Hershey Company has a 1 year low of $161.43 and a 1 year high of $239.48. The company has a market capitalization of $36.03 billion, a PE ratio of 24.50, a price-to-earnings-growth ratio of 1.10 and a beta of 0.11. The business has a fifty day moving average price of $179.18 and a two-hundred day moving average price of $194.54. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.18 and a quick ratio of 0.66.

Hershey (NYSE:HSY – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.47. The company had revenue of $2.79 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $1.21 EPS. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. Analysts forecast that Hershey Company will post 8.49 earnings per share for the current year.

Hershey Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be paid a $1.452 dividend. This represents a $5.81 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Friday, August 14th. Hershey’s payout ratio is presently 79.37%.

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.