Investment Analysts’ Recent Ratings Updates for Hershey (HSY)

Several brokerages have updated their recommendations and price targets on shares of Hershey (NYSE: HSY) in the last few weeks:

• 11/3/2025 – Hershey was given a new $188.00 price target on by analysts at Barclays PLC.
• 10/31/2025 – Hershey had its “positive” rating reaffirmed by analysts at Evercore ISI.
• 10/31/2025 – Hershey had its “mixed” rating reaffirmed by analysts at Morgan Stanley. They now have a $184.00 price target on the stock.
• 10/31/2025 – Hershey had its price target lowered by analysts at UBS Group AG from $205.00 to $190.00. They now have a “neutral” rating on the stock.
• 10/31/2025 – Hershey had its price target lowered by analysts at TD Cowen from $204.00 to $200.00. They now have a “hold” rating on the stock.
• 10/31/2025 – Hershey had its price target lowered by analysts at Stifel Nicolaus from $195.00 to $185.00. They now have a “hold” rating on the stock.
• 10/31/2025 – Hershey had its price target lowered by analysts at Evercore ISI from $220.00 to $215.00. They now have an “in-line” rating on the stock.
• 10/30/2025 – Hershey was upgraded by analysts at Piper Sandler from an “underweight” rating to a “neutral” rating. They now have a $167.00 price target on the stock.
• 10/24/2025 – Hershey had its price target raised by analysts at Stifel Nicolaus from $185.00 to $195.00. They now have a “hold” rating on the stock.
• 10/20/2025 – Hershey had its price target raised by analysts at JPMorgan Chase & Co. from $187.00 to $189.00. They now have a “neutral” rating on the stock.
• 10/16/2025 – Hershey was given a new $193.00 price target on by analysts at Morgan Stanley.
• 10/8/2025 – Hershey had its price target raised by analysts at UBS Group AG from $192.00 to $205.00. They now have a “neutral” rating on the stock.
• 10/8/2025 – Hershey had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 9/27/2025 – Hershey had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 9/25/2025 – Hershey had its price target raised by analysts at Wells Fargo & Company from $154.00 to $157.00. They now have an “underweight” rating on the stock.
• 9/16/2025 – Hershey was upgraded by analysts at The Goldman Sachs Group, Inc. from a “sell” rating to a “buy” rating. They now have a $222.00 price target on the stock, up previously from $170.00.
• 9/15/2025 – Hershey was upgraded by analysts at BNP Paribas Exane from a “neutral” rating to an “outperform” rating.
• 9/9/2025 – Hershey had its price target raised by analysts at Piper Sandler from $160.00 to $167.00. They now have an “underweight” rating on the stock.

Hershey Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, November 17th will be issued a $1.37 dividend. This represents a $5.48 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Monday, November 17th. Hershey’s dividend payout ratio is 81.91%.

Insider Buying and Selling at Hershey

In related news, CFO Steven E. Voskuil sold 1,500 shares of the stock in a transaction on Monday, October 20th. The shares were sold at an average price of $187.52, for a total transaction of $281,280.00. Following the completion of the transaction, the chief financial officer owned 56,819 shares in the company, valued at approximately $10,654,698.88. This represents a 2.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.28% of the stock is owned by company insiders.

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels.