Hershey (HSY) – Research Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Hershey (NYSE: HSY) recently:

• 5/4/2026 – Hershey had its price target lowered by Barclays PLC from $225.00 to $220.00. They now have an “equal weight” rating on the stock.
• 5/4/2026 – Hershey had its price target lowered by DA Davidson from $230.00 to $208.00. They now have a “neutral” rating on the stock.
• 5/1/2026 – Hershey was given a new $240.00 price target by The Goldman Sachs Group, Inc..
• 5/1/2026 – Hershey was upgraded by TD Cowen from “hold” to “buy”. They now have a $210.00 price target on the stock.
• 5/1/2026 – Hershey had its price target lowered by UBS Group AG from $215.00 to $200.00. They now have a “neutral” rating on the stock.
• 5/1/2026 – Hershey had its price target lowered by JPMorgan Chase & Co. from $211.00 to $204.00. They now have a “neutral” rating on the stock.
• 5/1/2026 – Hershey had its price target lowered by Wells Fargo & Company from $220.00 to $200.00. They now have an “equal weight” rating on the stock.
• 4/23/2026 – Hershey had its price target lowered by Morgan Stanley from $247.00 to $227.00. They now have an “overweight” rating on the stock.
• 4/21/2026 – Hershey had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 4/21/2026 – Hershey had its price target lowered by Stifel Nicolaus from $230.00 to $215.00. They now have a “hold” rating on the stock.
• 4/20/2026 – Hershey had its price target lowered by JPMorgan Chase & Co. from $230.00 to $211.00. They now have a “neutral” rating on the stock.
• 4/14/2026 – Hershey had its price target lowered by Barclays PLC from $240.00 to $225.00. They now have an “equal weight” rating on the stock.
• 4/13/2026 – Hershey is now covered by BTIG Research. They set a “neutral” rating on the stock.
• 4/7/2026 – Hershey was downgraded by Zacks Research from “strong-buy” to “hold”.
• 4/1/2026 – Hershey had its price target lowered by UBS Group AG from $236.00 to $215.00. They now have a “neutral” rating on the stock.
• 3/30/2026 – Hershey had its price target lowered by Deutsche Bank Aktiengesellschaft from $212.00 to $200.00. They now have a “hold” rating on the stock.
• 3/16/2026 – Hershey had its price target raised by Morgan Stanley from $238.00 to $247.00. They now have an “overweight” rating on the stock.

Hershey Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 15th will be given a $1.452 dividend. The ex-dividend date is Friday, May 15th. This represents a $5.81 annualized dividend and a yield of 3.1%. Hershey’s dividend payout ratio (DPR) is currently 108.19%.

Insider Activity at Hershey

In related news, insider Rohit Grover sold 3,500 shares of Hershey stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $226.07, for a total value of $791,245.00. Following the sale, the insider directly owned 34,568 shares in the company, valued at $7,814,787.76. This trade represents a 9.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Steven E. Voskuil sold 1,500 shares of Hershey stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $194.10, for a total transaction of $291,150.00. Following the completion of the sale, the chief financial officer owned 57,695 shares in the company, valued at approximately $11,198,599.50. This represents a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 10,000 shares of company stock worth $2,189,090 in the last ninety days. 0.08% of the stock is owned by insiders.

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.