Bontempo Ohly Capital Mgmt LLC Purchases New Stake in Hershey Company (The) $HSY

Bontempo Ohly Capital Mgmt LLC acquired a new position in shares of Hershey Company (The) (NYSE:HSY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,820 shares of the company’s stock, valued at approximately $4,530,000. Hershey accounts for 1.9% of Bontempo Ohly Capital Mgmt LLC’s investment portfolio, making the stock its 14th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Hershey by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 19,067,235 shares of the company’s stock valued at $3,469,855,000 after buying an additional 191,671 shares during the period. BlackRock Inc. bought a new stake in shares of Hershey during the 2nd quarter worth approximately $2,303,889,000. Capital International Investors lifted its holdings in shares of Hershey by 1.9% during the 4th quarter. Capital International Investors now owns 9,106,431 shares of the company’s stock worth $1,657,189,000 after acquiring an additional 169,660 shares during the period. State Street Corp boosted its position in shares of Hershey by 1.8% during the 3rd quarter. State Street Corp now owns 7,253,041 shares of the company’s stock worth $1,356,681,000 after acquiring an additional 128,982 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Hershey by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,315,653 shares of the company’s stock worth $967,343,000 after acquiring an additional 124,464 shares in the last quarter. Institutional investors own 57.96% of the company’s stock.

Insider Activity

In other news, CFO Steven E. Voskuil sold 1,500 shares of the stock in a transaction on Monday, July 20th. The stock was sold at an average price of $170.00, for a total value of $255,000.00. Following the completion of the transaction, the chief financial officer directly owned 53,195 shares in the company, valued at approximately $9,043,150. This represents a 2.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.08% of the company’s stock.

Hershey Trading Down 0.8%

Shares of Hershey stock opened at $185.77 on Thursday. The firm has a market capitalization of $37.33 billion, a PE ratio of 25.38, a price-to-earnings-growth ratio of 1.14 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. The firm’s 50 day moving average is $178.87 and its 200 day moving average is $195.00. Hershey Company has a 1 year low of $161.43 and a 1 year high of $239.48.

Hershey (NYSE:HSY) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.47. The business 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 firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.21 EPS. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. Equities research analysts forecast that Hershey Company will post 8.49 earnings per share for the current fiscal year.

Hershey Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be issued a dividend of $1.452 per share. The ex-dividend date is Friday, August 14th. This represents a $5.81 annualized dividend and a dividend yield of 3.1%. Hershey’s dividend payout ratio is 79.37%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on HSY shares. Evercore set a $225.00 price objective on shares of Hershey in a research report on Thursday, July 23rd. Wells Fargo & Company reduced their target price on Hershey from $200.00 to $190.00 and set an “equal weight” rating on the stock in a report on Friday, July 31st. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $201.00 target price on shares of Hershey in a report on Friday, July 31st. JPMorgan Chase & Co. lifted their price target on Hershey from $191.00 to $193.00 and gave the company a “neutral” rating in a research note on Friday, July 31st. Finally, DA Davidson set a $190.00 price target on Hershey in a report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $204.78.

Hershey 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.