Greenwood Capital Associates LLC Buys 4,255 Shares of Hershey Company (The) $HSY

Posted by Francis Steltz on Aug 30th, 2026

Greenwood Capital Associates LLC grew its stake in shares of Hershey Company (The) (NYSE:HSY – Free Report) by 21.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,073 shares of the company’s stock after buying an additional 4,255 shares during the period. Greenwood Capital Associates LLC’s holdings in Hershey were worth $4,224,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Hershey in the 2nd quarter valued at approximately $2,303,889,000. GQG Partners LLC acquired a new stake in Hershey in the second quarter worth $485,436,000. Bank of America Corp DE bought a new position in shares of Hershey during the second quarter worth $274,871,000. Norges Bank bought a new position in shares of Hershey during the fourth quarter worth $272,506,000. Finally, Legal & General Group Plc acquired a new position in shares of Hershey in the 2nd quarter valued at $183,623,000. 57.96% of the stock is currently owned by institutional investors and hedge funds.

Hershey Trading Down 1.1%

NYSE HSY opened at $179.34 on Friday. Hershey Company has a 52 week low of $161.43 and a 52 week high of $239.48. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.66 and a current ratio of 1.18. The stock’s 50 day moving average price is $179.18 and its two-hundred day moving average price is $194.54. The stock has a market capitalization of $36.03 billion, a price-to-earnings ratio of 24.50, a PEG ratio of 1.09 and a beta of 0.11.

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

Hershey Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, August 14th. Hershey’s payout ratio is presently 79.37%.

Insider Buying and Selling

In other news, CFO Steven E. Voskuil sold 1,500 shares of the stock in a transaction dated 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 in the company, valued at $9,043,150. This represents a 2.74% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 company insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on HSY shares. Royal Bank Of Canada dropped their price objective on Hershey from $212.00 to $206.00 and set a “sector perform” rating on the stock in a research note on Friday, August 21st. Evercore set a $225.00 price target on Hershey in a report on Thursday, July 23rd. Piper Sandler dropped their price target on Hershey from $249.00 to $200.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. JPMorgan Chase & Co. lifted their price objective on Hershey from $191.00 to $193.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Finally, Barclays decreased their price objective 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. Seven investment analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $204.78.

View Our Latest Stock Report on Hershey

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.