Hershey Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of HSY?
Owner Type	Number of Shares	Ownership Percentage
State or Government	196,595	0.0972%
Individual Insiders	443,891	0.219%
General Public	21,404,528	10.6%
Institutions	180,309,738	89.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 68.09% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
28%	Milton Hershey School Trust	56,717,761	US$9.6b	0%	no data
9.58%	The Vanguard Group, Inc.	19,387,184	US$3.3b	-0.02%	0.05%
6.06%	BlackRock, Inc.	12,259,737	US$2.1b	-4.37%	0.03%
4.71%	Capital Research and Management Company	9,524,773	US$1.6b	1,260%	0.08%
3.47%	State Street Global Advisors, Inc.	7,029,551	US$1.2b	5.82%	0.04%
2.17%	Charles Schwab Investment Management, Inc.	4,387,715	US$741.3m	2.56%	0.12%
1.93%	JP Morgan Asset Management	3,904,935	US$659.7m	17.4%	0.08%
1.86%	Geode Capital Management, LLC	3,753,751	US$634.2m	0.96%	0.05%
0.98%	Royal Bank of Canada, Banking & Securities Investments	1,990,223	US$336.2m	2.69%	0.17%
0.89%	UBS Asset Management AG	1,801,269	US$304.3m	-5.11%	0.03%
0.86%	Norges Bank Investment Management	1,745,934	US$295.0m	0%	0.02%
0.82%	Eaton Vance Management	1,666,886	US$281.6m	22.6%	0.07%
0.7%	Northern Trust Global Investments	1,424,719	US$240.7m	-5.75%	0.04%
0.69%	Legal & General Investment Management Limited	1,393,721	US$235.5m	-8.78%	0.04%
0.63%	Macquarie Investment Management Business Trust	1,269,182	US$214.4m	-11.7%	0.25%
0.54%	BNY Asset Management	1,097,894	US$185.5m	-3.49%	0.04%
0.52%	Morgan Stanley, Investment Banking and Brokerage Investments	1,043,793	US$176.3m	2.15%	0.02%
0.5%	Amundi Asset Management SAS	1,009,283	US$170.5m	-15.8%	0.04%
0.48%	Principal Global Investors, LLC	978,323	US$165.3m	66.4%	0.08%
0.48%	Invesco Capital Management LLC	972,631	US$164.3m	-19.2%	0.07%
0.48%	Stifel Asset Management Corp.	964,748	US$163.0m	3.16%	0.18%
0.44%	Dimensional Fund Advisors LP	888,929	US$150.2m	12.9%	0.02%
0.43%	Envestnet Asset Management, Inc.	875,910	US$148.0m	11.9%	0.05%
0.43%	Sterling Capital Management LLC	874,768	US$147.8m	17%	1.95%
0.41%	Bank of America Corporation, Asset Management Arm	824,468	US$139.3m	-13.6%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 22:50
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/29
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Hershey Company is covered by 44 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Argus Research Company
Ishan Majumdar	Baptista Research
Andrew Lazar	Barclays