New York State Common Retirement Fund Has $18.84 Million Stock Holdings in Hershey Company (The) $HSY

New York State Common Retirement Fund reduced its stake in shares of Hershey Company (The) (NYSE:HSY) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,700 shares of the company’s stock after selling 2,600 shares during the quarter. New York State Common Retirement Fund’s holdings in Hershey were worth $18,836,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in HSY. TD Waterhouse Canada Inc. lifted its position in shares of Hershey by 298.9% during the third quarter. TD Waterhouse Canada Inc. now owns 2,844 shares of the company’s stock worth $537,000 after purchasing an additional 2,131 shares in the last quarter. Crumly & Associates Inc. acquired a new position in Hershey during the 3rd quarter worth $219,000. Coastal Bridge Advisors LLC bought a new position in Hershey in the 3rd quarter valued at $447,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Hershey by 3.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 158,288 shares of the company’s stock worth $29,608,000 after acquiring an additional 5,085 shares during the last quarter. Finally, Ballentine Partners LLC raised its position in shares of Hershey by 12.2% during the third quarter. Ballentine Partners LLC now owns 5,771 shares of the company’s stock worth $1,079,000 after acquiring an additional 628 shares during the last quarter. Institutional investors and hedge funds own 57.96% of the company’s stock.

Hershey Trading Up 2.2%

Shares of Hershey stock opened at $194.74 on Monday. The stock has a market cap of $39.49 billion, a P/E ratio of 29.11 and a beta of 0.18. The company has a quick ratio of 0.83, a current ratio of 1.36 and a debt-to-equity ratio of 1.02. The business’s 50 day moving average is $187.24 and its 200-day moving average is $184.71. Hershey Company has a 12-month low of $140.13 and a 12-month high of $201.86.

Hershey (NYSE:HSY) last released its quarterly earnings data on Thursday, October 30th. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.24. Hershey had a return on equity of 32.08% and a net margin of 11.84%.The firm had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter in the prior year, the company earned $2.34 earnings per share. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. Equities research analysts predict that Hershey Company will post 6.12 earnings per share for the current fiscal year.

More Hershey News

Here are the key news stories impacting Hershey this week:

• Positive Sentiment: Zacks added HSY to its Rank #1 (Strong Buy) list and to its income-stock recommendations — a formal upgrade that can attract investor flows and income-focused buyers. New Strong Buy Stocks for January 30th Best Income Stocks to Buy for January 30th
• Positive Sentiment: Analysts and previews expect Hershey to beat Q4 estimates based on solid demand, pricing power and brand strength — earnings beats typically drive short-term stock gains. Hershey Expected to Beat Earnings Estimates Q4 Earnings on Deck: What to Expect
• Positive Sentiment: Product innovation: Jolly Rancher launched a new spicy gummy collaboration (VeeFriends), which can boost seasonal demand and brand buzz — a tangible growth catalyst for confection sales. Hot Take: Jolly Rancher Just Made Gummies Spicy
• Neutral Sentiment: Valuation and earnings optimism article highlights both potential upside from continued margin improvement and the stock’s premium multiple — useful context but mixed impact short term. A Look At Hershey Valuation As Earnings Optimism And New Jolly Rancher Gummies Draw Attention
• Neutral Sentiment: Market coverage note: HSY traded up while broader market dipped — shows defensive demand but not a definitive directional signal. Hershey Rises As Market Takes a Dip
• Negative Sentiment: MarketWatch flags that HSY still underperformed key competitors on a relative basis despite daily gains — relative weakness could limit further multiple expansion until comps show similar strength. Hershey Co. stock underperforms Friday when compared to competitors despite daily gains

Insider Transactions at Hershey

In other Hershey news, insider Stacy Taffet purchased 200 shares of the firm’s stock in a transaction dated Friday, November 21st. The shares were bought at an average price of $186.19 per share, for a total transaction of $37,238.00. Following the purchase, the insider owned 9,371 shares in the company, valued at approximately $1,744,786.49. This trade represents a 2.18% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Steven E. Voskuil sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $198.67, for a total transaction of $298,005.00. Following the completion of the sale, the chief financial officer owned 52,319 shares in the company, valued at $10,394,215.73. This represents a 2.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 6,000 shares of company stock valued at $1,119,450. Company insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on HSY shares. Wells Fargo & Company set a $182.00 target price on shares of Hershey and gave the company an “equal weight” rating in a research report on Monday, January 5th. Evercore ISI reaffirmed a “positive” rating on shares of Hershey in a research note on Friday, October 31st. UBS Group lifted their price objective on shares of Hershey from $190.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Barclays set a $210.00 price objective on shares of Hershey in a report on Friday, January 16th. Finally, Jefferies Financial Group began coverage on shares of Hershey in a report on Thursday, December 4th. They issued a “hold” rating and a $181.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and sixteen have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $191.79.

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.