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 Price Performance

Shares of NYSE HSY opened at $149.41 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.76. The business has a 50 day moving average price of $168.39 and a two-hundred day moving average price of $182.73. The firm has a market cap of $30.23 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 4.28 and a beta of 0.38. The Hershey Company has a fifty-two week low of $147.60 and a fifty-two week high of $211.92.

Hershey Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, November 18th were paid a dividend of $1.37 per share. The ex-dividend date was Monday, November 18th. This represents a $5.48 dividend on an annualized basis and a dividend yield of 3.67%. Hershey’s dividend payout ratio is currently 63.13%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on HSY shares. Sanford C. Bernstein cut Hershey from an “outperform” rating to a “market perform” rating and cut their target price for the company from $230.00 to $205.00 in a research note on Monday, October 7th. Citigroup cut their price target on shares of Hershey from $165.00 to $159.00 and set a “sell” rating for the company in a report on Wednesday, January 8th. Stifel Nicolaus decreased their target price on Hershey from $180.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, January 24th. UBS Group reduced their price target on shares of Hershey from $189.00 to $163.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Finally, Redburn Atlantic started coverage on Hershey in a research note on Tuesday, October 22nd. They set a “sell” rating and a $165.00 target price on the stock. Six investment analysts have rated the stock with a sell rating and fourteen have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $171.79.

Hedge Funds Weigh In On Hershey

Large investors have recently modified their holdings of the business. Burns J W & Co. Inc. NY lifted its holdings in Hershey by 0.8% during the 3rd quarter. Burns J W & Co. Inc. NY now owns 7,355 shares of the company’s stock worth $1,411,000 after buying an additional 58 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Hershey by 1.1% in the third quarter. Park Avenue Securities LLC now owns 5,646 shares of the company’s stock valued at $1,083,000 after acquiring an additional 62 shares in the last quarter. Salomon & Ludwin LLC raised its stake in shares of Hershey by 23.3% during the 3rd quarter. Salomon & Ludwin LLC now owns 333 shares of the company’s stock worth $64,000 after buying an additional 63 shares in the last quarter. Forum Financial Management LP lifted its holdings in Hershey by 1.6% in the third quarter. Forum Financial Management LP now owns 4,130 shares of the company’s stock valued at $792,000 after acquiring an additional 64 shares during the period. Finally, Avestar Capital LLC lifted its stake in shares of Hershey by 6.0% in the third quarter. Avestar Capital LLC now owns 1,175 shares of the company’s stock valued at $225,000 after purchasing an additional 67 shares during the period. Institutional investors own 57.96% of the company’s stock.

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.

Hershey Company Profile

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.