Bryn Mawr Trust Advisors LLC Purchases Shares of 5,789 Hershey Company (The) $HSY

Bryn Mawr Trust Advisors LLC acquired a new position in shares of Hershey Company (The) (NYSE:HSY) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,789 shares of the company’s stock, valued at approximately $1,016,000.

Several other large investors also recently made changes to their positions in HSY. Syon Capital LLC increased its holdings in Hershey by 1.5% during the fourth quarter. Syon Capital LLC now owns 3,020 shares of the company’s stock worth $550,000 after buying an additional 46 shares during the last quarter. Haverford Trust Co lifted its stake in Hershey by 0.7% in the fourth quarter. Haverford Trust Co now owns 6,796 shares of the company’s stock valued at $1,237,000 after acquiring an additional 46 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Hershey by 2.0% in the 4th quarter. Larson Financial Group LLC now owns 2,561 shares of the company’s stock valued at $466,000 after acquiring an additional 50 shares during the period. Venture Visionary Partners LLC grew its position in shares of Hershey by 0.7% in the 4th quarter. Venture Visionary Partners LLC now owns 8,034 shares of the company’s stock valued at $1,462,000 after acquiring an additional 53 shares during the period. Finally, Bruce G. Allen Investments LLC increased its stake in shares of Hershey by 4.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 1,325 shares of the company’s stock worth $241,000 after purchasing an additional 55 shares during the last quarter. Institutional investors and hedge funds own 57.96% of the company’s stock.

Hershey Price Performance

Hershey stock opened at $184.29 on Friday. The company has a market capitalization of $37.03 billion, a price-to-earnings ratio of 25.18, a PEG ratio of 1.13 and a beta of 0.11. The company has a current ratio of 1.18, a quick ratio of 0.66 and a debt-to-equity ratio of 1.03. Hershey Company has a 12 month low of $161.43 and a 12 month high of $239.48. The stock’s 50 day moving average is $177.65 and its 200-day moving average is $195.71.

Hershey (NYSE:HSY) last released 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. Hershey had a return on equity of 31.92% and a net margin of 12.24%.The business had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same period last year, the firm posted $1.21 EPS. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. Equities research analysts expect that Hershey Company will post 8.49 EPS for the current year.

Hershey Dividend Announcement

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

Wall Street Analysts Forecast Growth

HSY has been the topic of a number of research analyst reports. Mizuho dropped their target price on shares of Hershey from $195.00 to $185.00 and set a “neutral” rating on the stock in a report on Wednesday, May 20th. Wells Fargo & Company reduced their price target on Hershey from $200.00 to $190.00 and set an “equal weight” rating for the company in a report on Friday, July 31st. TD Cowen raised Hershey from a “hold” rating to a “buy” rating and set a $210.00 price target on the stock in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $191.00 price objective on shares of Hershey in a research note on Friday, July 31st. Finally, Bank of America cut their price objective on Hershey from $220.00 to $200.00 and set a “neutral” rating for the company in a research report on Thursday, June 25th. Seven investment analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $203.61.

Insider Activity

In other news, CFO Steven E. Voskuil sold 1,500 shares of the business’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $170.00, for a total value of $255,000.00. Following the completion of the sale, the chief financial officer owned 53,195 shares of the company’s stock, valued at approximately $9,043,150. The trade was a 2.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.08% of the company’s stock.

Hershey Company Profile

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.