Hohimer Wealth Management LLC Purchases New Stake in Hershey Company (The) $HSY

Posted by Brenda Bartman on Nov 9th, 2026

Hohimer Wealth Management LLC acquired a new stake in Hershey Company (The) (NYSE:HSY – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 21,616 shares of the company’s stock, valued at approximately $3,407,000.

Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Hershey during the second quarter worth $2,303,889,000. GQG Partners LLC bought a new position in shares of Hershey in the 2nd quarter valued at $485,436,000. Bank of America Corp DE increased its stake in shares of Hershey by 10.0% in the 1st quarter. Bank of America Corp DE now owns 1,395,644 shares of the company’s stock valued at $290,141,000 after purchasing an additional 127,113 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Hershey by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,210,466 shares of the company’s stock valued at $251,706,000 after purchasing an additional 19,772 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Hershey by 315.4% during the 1st quarter. First Trust Advisors LP now owns 1,083,675 shares of the company’s stock worth $225,285,000 after buying an additional 822,772 shares in the last quarter. 57.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on HSY. Evercore upped their price objective on Hershey from $210.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 28th. TD Cowen cut Hershey from a “buy” rating to a “hold” rating and decreased their target price for the company from $198.00 to $173.00 in a research report on Friday, October 30th. Stifel Nicolaus lowered their target price on Hershey from $215.00 to $180.00 and set a “hold” rating for the company in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $173.00 target price on Hershey in a research note on Friday, October 30th. Finally, Rothschild & Co Redburn increased their target price on shares of Hershey from $166.00 to $170.00 and gave the stock a “sell” rating in a report on Wednesday, August 5th. Seven investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $193.81.

Read Our Latest Research Report on HSY

Hershey Stock Performance

NYSE HSY opened at $177.96 on Monday. The firm’s fifty day moving average price is $168.44 and its two-hundred day moving average price is $188.41. The stock has a market cap of $35.77 billion, a PE ratio of 20.13, a PEG ratio of 1.60 and a beta of 0.08. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.72 and a current ratio of 1.24. Hershey Company has a fifty-two week low of $156.16 and a fifty-two week high of $239.48.

Hershey (NYSE:HSY – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $2.64 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.53. Hershey had a return on equity of 37.12% and a net margin of 14.63%. The company had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.25 billion. During the same period in the prior year, the company earned $1.30 EPS. Hershey’s revenue was up 3.0% compared to the same quarter last year. On average, equities analysts expect that Hershey Company will post 8.63 EPS for the current fiscal year.

Hershey Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 16th will be issued a $1.4520 dividend. This represents a $5.81 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Monday, November 16th. Hershey’s dividend payout ratio is presently 65.72%.