Manning & Napier Advisors LLC Has $4.09 Million Stock Position in Hershey Company (The) $HSY

12 Jul 2026, 16:40 by Tristan Rich · The Markets Daily

Manning & Napier Advisors LLC lowered its position in shares of Hershey Company (The) (NYSE:HSY – Free Report) by 15.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,176 shares of the company’s stock after selling 3,427 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Hershey were worth $4,095,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Hershey by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 19,067,235 shares of the company’s stock valued at $3,469,855,000 after acquiring an additional 191,671 shares during the last quarter. Capital International Investors raised its holdings in 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 purchasing an additional 169,660 shares during the last quarter. State Street Corp raised its holdings in 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 purchasing an additional 128,982 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Hershey by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,315,653 shares of the company’s stock valued at $967,343,000 after purchasing an additional 124,464 shares during the period. Finally, Geode Capital Management LLC lifted its position in Hershey by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 4,831,101 shares of the company’s stock valued at $876,434,000 after purchasing an additional 104,024 shares during the period. Institutional investors and hedge funds own 57.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HSY. JPMorgan Chase & Co. reduced their target price on shares of Hershey from $211.00 to $204.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. DA Davidson upgraded shares of Hershey to a “hold” rating in a report on Monday, July 6th. Bank of America cut their price objective on shares of Hershey from $220.00 to $200.00 and set a “neutral” rating on the stock in a report on Thursday, June 25th. TD Cowen raised shares of Hershey from a “hold” rating to a “buy” rating and set a $210.00 target price for the company in a report on Friday, May 1st. Finally, The Goldman Sachs Group set a $240.00 target price on shares of Hershey in a research report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $214.78.

Read Our Latest Analysis on Hershey

Hershey Stock Up 1.5%

NYSE HSY traded up $2.50 during trading hours on Friday, reaching $174.15. 2,420,439 shares of the company’s stock were exchanged, compared to its average volume of 2,286,708. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.77 and a current ratio of 1.24. The company has a market capitalization of $35.32 billion, a price-to-earnings ratio of 32.43, a price-to-earnings-growth ratio of 1.05 and a beta of 0.11. The company’s 50-day moving average is $183.55 and its two-hundred day moving average is $197.54. Hershey Company has a one year low of $161.29 and a one year high of $239.48.

Hershey (NYSE:HSY – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $2.35 EPS for the quarter, beating the consensus estimate of $2.04 by $0.31. The business had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.03 billion. Hershey had a net margin of 9.12% and a return on equity of 28.98%. The firm’s revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.09 EPS. On average, analysts forecast that Hershey Company will post 8.43 EPS for the current fiscal year.

Hershey Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 15th were paid a $1.452 dividend. This represents a $5.81 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Friday, May 15th. Hershey’s dividend payout ratio (DPR) is currently 108.19%.

Insider Buying and Selling at Hershey

In related news, CFO Steven E. Voskuil sold 1,500 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $173.43, for a total value of $260,145.00. Following the completion of 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 Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is owned by company insiders.

Hershey Company Profile

(Free Report)

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.