NewEdge Wealth LLC Sells 3,480 Shares of Hershey Company (The) $HSY

Posted by Brian Himes on Jul 27th, 2026

NewEdge Wealth LLC cut its stake in shares of Hershey Company (The) (NYSE:HSY – Free Report) by 30.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,092 shares of the company’s stock after selling 3,480 shares during the quarter. NewEdge Wealth LLC’s holdings in Hershey were worth $1,682,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Hershey in the 4th quarter worth $272,506,000. Marshall Wace LLP increased its stake in shares of Hershey by 546.6% during the fourth quarter. Marshall Wace LLP now owns 1,057,476 shares of the company’s stock valued at $192,439,000 after buying an additional 893,940 shares during the period. First Trust Advisors LP increased its stake in shares of Hershey by 315.4% during the first quarter. First Trust Advisors LP now owns 1,083,675 shares of the company’s stock valued at $225,285,000 after buying an additional 822,772 shares during the period. Balyasny Asset Management L.P. raised its holdings in shares of Hershey by 150.1% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,278,881 shares of the company’s stock valued at $232,731,000 after acquiring an additional 767,478 shares in the last quarter. Finally, Pacer Advisors Inc. raised its holdings in shares of Hershey by 4,478.5% in the fourth quarter. Pacer Advisors Inc. now owns 586,141 shares of the company’s stock valued at $106,666,000 after acquiring an additional 573,339 shares in the last quarter. Institutional investors own 57.96% of the company’s stock.

Insider Transactions at Hershey

In other Hershey news, CFO Steven E. Voskuil sold 1,500 shares of Hershey stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $173.43, for a total transaction of $260,145.00. Following the completion of the sale, the chief financial officer owned 54,695 shares of the company’s stock, valued at approximately $9,485,753.85. The trade was a 2.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.08% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

HSY has been the subject of several research reports. The Goldman Sachs Group set a $240.00 price target on shares of Hershey in a research report on Friday, May 1st. Morgan Stanley reduced their price objective on shares of Hershey from $247.00 to $227.00 and set an “overweight” rating for the company in a research note on Thursday, April 23rd. Barclays lowered their target price on Hershey from $220.00 to $208.00 and set an “equal weight” rating for the company in a report on Tuesday, July 21st. DA Davidson raised Hershey to a “hold” rating in a research report on Monday, July 6th. Finally, BTIG Research started coverage on Hershey in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Seven investment analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the stock. Based on data from MarketBeat, Hershey has an average rating of “Hold” and a consensus target price of $208.28.

Check Out Our Latest Stock Analysis on HSY

Hershey Stock Performance

HSY opened at $174.43 on Monday. The company has a market cap of $35.38 billion, a P/E ratio of 32.48, a price-to-earnings-growth ratio of 1.09 and a beta of 0.11. The company has a quick ratio of 0.77, a current ratio of 1.24 and a debt-to-equity ratio of 0.99. The firm’s 50-day moving average price is $180.34 and its 200-day moving average price is $196.90. Hershey Company has a 52-week low of $161.43 and a 52-week high of $239.48.

Hershey (NYSE:HSY – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.31. Hershey had a net margin of 9.12% and a return on equity of 28.98%. The business had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter last year, the company posted $2.09 earnings per share. The business’s quarterly revenue was up 10.7% on a year-over-year basis. As a group, equities analysts anticipate that Hershey Company will post 8.42 EPS for the current fiscal year.

Hershey Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 15th were paid a $1.452 dividend. The ex-dividend date was Friday, May 15th. This represents a $5.81 dividend on an annualized basis and a yield of 3.3%. Hershey’s dividend payout ratio (DPR) is 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.