Rep. Dan Newhouse Unloads Shares of Hershey Company (The) (NYSE:HSY)

Representative Dan Newhouse (Republican-Washington) recently sold shares of Hershey Company (The) (NYSE:HSY). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Hershey stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Hershey Stock Up 0.0%

Shares of NYSE:HSY opened at $171.48 on Tuesday. Hershey Company has a 52-week low of $161.43 and a 52-week high of $239.48. The stock has a market cap of $34.78 billion, a P/E ratio of 31.93, a price-to-earnings-growth ratio of 1.03 and a beta of 0.11. The business’s 50 day moving average is $181.85 and its 200 day moving average is $197.16. The company has a quick ratio of 0.77, a current ratio of 1.24 and a debt-to-equity ratio of 0.99.

Hershey (NYSE:HSY) last issued its earnings results on Thursday, April 30th. The company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.31. Hershey had a return on equity of 28.98% and a net margin of 9.12%.The business had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period in the previous year, the company posted $2.09 EPS. Hershey’s revenue was up 10.7% on a year-over-year basis. Sell-side analysts predict that Hershey Company will post 8.42 EPS for the current year.

Hershey Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 15th were given a dividend of $1.452 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $5.81 dividend on an annualized basis and a dividend yield of 3.4%. Hershey’s dividend payout ratio (DPR) is 108.19%.

Institutional Investors Weigh In On Hershey

Several hedge funds have recently modified their holdings of HSY. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Hershey by 6.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,310 shares of the company’s stock valued at $2,618,000 after buying an additional 937 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Hershey by 20.2% in the second quarter. EverSource Wealth Advisors LLC now owns 697 shares of the company’s stock valued at $116,000 after purchasing an additional 117 shares during the period. Gamco Investors INC. ET AL purchased a new stake in shares of Hershey during the second quarter worth about $267,000. Bank of Nova Scotia raised its position in shares of Hershey by 4.5% during the 2nd quarter. Bank of Nova Scotia now owns 17,927 shares of the company’s stock worth $2,975,000 after purchasing an additional 769 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its position in shares of Hershey by 5.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 22,247 shares of the company’s stock worth $3,692,000 after purchasing an additional 1,149 shares during the last quarter. 57.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HSY. Jefferies Financial Group set a $190.00 price objective on shares of Hershey in a report on Thursday. Wells Fargo & Company cut their price objective on Hershey from $220.00 to $200.00 and set an “equal weight” rating on the stock in a report on Friday, May 1st. JPMorgan Chase & Co. decreased their target price on Hershey from $204.00 to $191.00 and set a “neutral” rating for the company in a report on Monday, July 13th. TD Cowen upgraded shares of Hershey from a “hold” rating to a “buy” rating and set a $210.00 price target on the stock in a report on Friday, May 1st. Finally, Weiss Ratings downgraded shares of Hershey from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, June 26th. Seven analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company. According to data from MarketBeat.com, Hershey presently has a consensus rating of “Hold” and an average price target of $212.56.

Insider Transactions at Hershey

In other news, CFO Steven E. Voskuil sold 1,500 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $173.43, for a total value of $260,145.00. Following the transaction, the chief financial officer directly owned 54,695 shares of the company’s stock, valued at approximately $9,485,753.85. This trade represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.08% of the company’s stock.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.