Hershey (NYSE:HSY) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of The Hershey Company NYSE: HSY. In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Hershey stock on January 8th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 1/21/2025.

Hershey Trading Down 1.9 %

Shares of NYSE:HSY traded down $2.95 during trading on Friday, hitting $149.19. The company had a trading volume of 1,974,905 shares, compared to its average volume of 1,723,510. The stock has a market cap of $30.19 billion, a price-to-earnings ratio of 17.19, a price-to-earnings-growth ratio of 4.28 and a beta of 0.38. The Hershey Company has a one year low of $147.60 and a one year high of $211.92. The company has a fifty day simple moving average of $166.93 and a two-hundred day simple moving average of $182.01. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.85 and a quick ratio of 0.54.

Hershey Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Monday, November 18th were issued a dividend of $1.37 per share. This represents a $5.48 annualized dividend and a yield of 3.67%. The ex-dividend date was Monday, November 18th. Hershey's dividend payout ratio is presently 63.13%.

Institutional Investors Weigh In On Hershey

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new position in shares of Hershey in the 3rd quarter valued at $25,000. Grove Bank & Trust increased its holdings in shares of Hershey by 248.0% in the 4th quarter. Grove Bank & Trust now owns 174 shares of the company's stock valued at $29,000 after acquiring an additional 124 shares during the period. ST Germain D J Co. Inc. increased its holdings in shares of Hershey by 61.7% in the 4th quarter. ST Germain D J Co. Inc. now owns 262 shares of the company's stock valued at $44,000 after acquiring an additional 100 shares during the period. Peterson Financial Group Inc. purchased a new position in shares of Hershey in the 3rd quarter valued at $46,000. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of Hershey in the 3rd quarter valued at $48,000. 57.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

HSY has been the subject of several analyst reports. Wells Fargo & Company lowered their price objective on Hershey from $150.00 to $140.00 and set an "underweight" rating for the company in a research note on Friday, January 17th. Stifel Nicolaus lowered their price objective on Hershey from $180.00 to $170.00 and set a "hold" rating for the company in a research note on Friday, January 24th. Jefferies Financial Group lowered their price objective on Hershey from $150.00 to $134.00 and set an "underperform" rating for the company in a research note on Tuesday, January 21st. Sanford C. Bernstein lowered Hershey from an "outperform" rating to a "market perform" rating and lowered their price objective for the company from $230.00 to $205.00 in a research note on Monday, October 7th. Finally, Bank of America reaffirmed a "neutral" rating and issued a $180.00 price objective on shares of Hershey in a research note on Thursday, December 12th. Seven equities research analysts have rated the stock with a sell rating and thirteen have assigned a hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $170.05.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Hershey

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels.