Tudor Financial Inc. Acquires 5,020 Shares of Hershey Company (The) $HSY

Tudor Financial Inc. boosted its holdings in shares of Hershey Company (The) (NYSE:HSY) by 73.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,880 shares of the company’s stock after buying an additional 5,020 shares during the quarter. Hershey makes up approximately 0.9% of Tudor Financial Inc.’s investment portfolio, making the stock its 28th biggest holding. Tudor Financial Inc.’s holdings in Hershey were worth $2,084,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in HSY. BlackRock Inc. purchased a new stake in shares of Hershey during the second quarter valued at about $2,303,889,000. GQG Partners LLC bought a new position in shares of Hershey during the 2nd quarter worth approximately $485,436,000. Bank of America Corp DE bought a new position in shares of Hershey during the 2nd quarter worth approximately $274,871,000. Norges Bank purchased a new stake in Hershey during the fourth quarter valued at approximately $272,506,000. Finally, Legal & General Group Plc purchased a new stake in Hershey during the second quarter valued at approximately $183,623,000. 57.96% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Steven Voskuil sold 1,500 shares of the firm’s stock in a transaction dated 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 $9,043,150. This trade represents a 2.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.08% of the stock is currently owned by insiders.

Hershey Trading Down 1.2%

NYSE:HSY opened at $175.33 on Friday. Hershey Company has a 12 month low of $161.43 and a 12 month high of $239.48. The firm has a fifty day simple moving average of $179.08 and a 200-day simple moving average of $192.86. 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 company has a market capitalization of $35.23 billion, a P/E ratio of 23.95, a PEG ratio of 1.40 and a beta of 0.11.

Hershey (NYSE:HSY) last released its earnings results on Thursday, July 30th. The company reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.47. The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.63 billion. Hershey had a return on equity of 31.92% and a net margin of 12.24%.The firm’s revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.21 EPS. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. On average, equities research analysts anticipate that Hershey Company will post 8.49 earnings per share for the current year.

Hershey Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be issued a $1.452 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $5.81 dividend on an annualized basis and a dividend yield of 3.3%. Hershey’s dividend payout ratio is currently 79.37%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Barclays cut their price target on shares of Hershey from $208.00 to $200.00 and set an “equal weight” rating on the stock in a report on Monday, August 3rd. Mizuho decreased their price objective on Hershey from $195.00 to $185.00 and set a “neutral” rating for the company in a report on Wednesday, May 20th. Jefferies Financial Group set a $190.00 price objective on Hershey in a research report on Thursday, July 16th. Stifel Nicolaus dropped their target price on Hershey from $215.00 to $180.00 and set a “hold” rating on the stock in a research note on Wednesday, July 22nd. Finally, Weiss Ratings upgraded Hershey from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target 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.