Shares of Hershey Company (The) (NYSE:HSY – Get Free Report) have earned a consensus recommendation of “Hold” from the twenty-three research firms that are presently covering the company, MarketBeat reports. Sixteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $204.7778.
A number of brokerages have issued reports on HSY. Stifel Nicolaus decreased their price target on Hershey from $215.00 to $180.00 and set a “hold” rating for the company in a report on Wednesday, July 22nd. Wells Fargo & Company dropped their price objective on Hershey from $200.00 to $190.00 and set an “equal weight” rating on the stock in a report on Friday, July 31st. Piper Sandler cut their target price on Hershey from $249.00 to $200.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $191.00 target price on shares of Hershey in a research note on Friday, July 31st. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $201.00 price target on shares of Hershey in a report on Friday, July 31st.
Read Our Latest Research Report on Hershey
Insider Activity
Hedge Funds Weigh In On Hershey
Several large investors have recently bought and sold shares of the stock. Bard Associates Inc. acquired a new stake in shares of Hershey during the fourth quarter worth about $26,000. Reflection Asset Management acquired a new position in Hershey in the 4th quarter valued at about $26,000. Bell Investment Advisors Inc purchased a new stake in Hershey during the 2nd quarter valued at approximately $26,000. JPL Wealth Management LLC acquired a new stake in Hershey during the 3rd quarter worth approximately $26,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in Hershey during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 57.96% of the company’s stock.
Hershey Stock Down 2.4%
HSY stock opened at $180.99 on Tuesday. The company’s 50 day moving average price is $179.04 and its 200 day moving average price is $194.65. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.66 and a current ratio of 1.18. Hershey has a fifty-two week low of $161.43 and a fifty-two week high of $239.48. The firm has a market capitalization of $36.36 billion, a price-to-earnings ratio of 24.72, a PEG ratio of 1.13 and a beta of 0.11.
Hershey (NYSE:HSY – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.43 by $0.47. Hershey had a net margin of 12.24% and a return on equity of 31.92%. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the previous year, the business posted $1.21 EPS. The firm’s revenue was up 6.6% on a year-over-year basis. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. On average, equities research analysts anticipate that Hershey will post 8.49 EPS for the current fiscal year.
Hershey Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be given a dividend of $1.452 per share. This represents a $5.81 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Friday, August 14th. Hershey’s payout ratio is currently 79.23%.
About Hershey
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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