Key Points
- CFO Steven Voskuil sold 1,500 Hershey (HSY) shares on Dec. 18 at an average price of $188.51 for $282,765, trimming his stake by 2.71% to 53,819 shares valued at about $10.15 million.
- Hershey reported $1.30 EPS on $3.18 billion revenue, topped estimates, and issued FY2025 guidance of $5.90–$6.00 EPS, versus analysts' consensus near $6.12.
- The company paid a quarterly dividend of $1.37 (annualized $5.48), representing a 2.9% yield and a dividend payout ratio of approximately 81.9%.
Hershey Company (The) (NYSE:HSY - Get Free Report) CFO Steven Voskuil sold 1,500 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $188.51, for a total value of $282,765.00. Following the completion of the sale, the chief financial officer directly owned 53,819 shares of the company's stock, valued at approximately $10,145,419.69. The trade was a 2.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Hershey Stock Performance
Shares of HSY stock opened at $189.40 on Friday. The stock has a market capitalization of $38.41 billion, a PE ratio of 28.31 and a beta of 0.19. The business's 50 day simple moving average is $181.32 and its 200 day simple moving average is $180.21. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.36 and a quick ratio of 0.83. Hershey Company has a one year low of $140.13 and a one year high of $199.00.
Hershey (NYSE:HSY - Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.24. Hershey had a net margin of 11.84% and a return on equity of 32.08%. The firm had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.11 billion. During the same quarter last year, the business earned $2.34 EPS. The company's revenue was up 6.5% compared to the same quarter last year. Hershey has set its FY 2025 guidance at 5.900-6.000 EPS. As a group, research analysts forecast that Hershey Company will post 6.12 earnings per share for the current year.
Hershey Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, November 17th were given a dividend of $1.37 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $5.48 annualized dividend and a dividend yield of 2.9%. Hershey's dividend payout ratio (DPR) is 81.91%.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the stock. Morgan Stanley raised shares of Hershey from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $195.00 to $211.00 in a research note on Monday. BNP Paribas Exane upgraded shares of Hershey from a "neutral" rating to an "outperform" rating in a report on Monday, September 15th. UBS Group reduced their target price on Hershey from $205.00 to $190.00 and set a "neutral" rating for the company in a research note on Friday, October 31st. JPMorgan Chase & Co. boosted their target price on Hershey from $187.00 to $189.00 and gave the company a "neutral" rating in a research report on Monday, October 20th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Hershey in a research note on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $184.95.
View Our Latest Research Report on HSY
Hedge Funds Weigh In On Hershey
Several large investors have recently added to or reduced their stakes in HSY. SJS Investment Consulting Inc. raised its stake in shares of Hershey by 1,537.5% in the third quarter. SJS Investment Consulting Inc. now owns 131 shares of the company's stock worth $25,000 after purchasing an additional 123 shares during the last quarter. JPL Wealth Management LLC bought a new position in Hershey during the 3rd quarter valued at $26,000. Trust Co. of Toledo NA OH purchased a new position in Hershey during the 2nd quarter worth $28,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Hershey in the 2nd quarter worth $31,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in shares of Hershey by 46.3% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 199 shares of the company's stock valued at $33,000 after purchasing an additional 63 shares during the last quarter. Institutional investors own 57.96% of the company's stock.
About Hershey
(
Get 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.
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.
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