HSY at a glance
Hershey Company (The) (HSY, SEC CIK 47111) filed its latest 10-K annual report on February 17, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 2, 2026 and Form 4 insider filings as recently as October 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Hershey Company (The) (HSY) reported revenue of $11.7 billion (up 4.4% from FY2024) and net income of $883.3 million.
- As of June 30, 2026, 47 institutional investment managers tracked by SignalX reported holding Hershey Company (The) (HSY) shares worth $10.8 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL on October 2, 2026 of 3,894 shares at $159.47 per share.
- In the last 90 days, HSY insiders reported 0 open-market purchases ($0) and 280 open-market sales ($113.2M) on Form 4, a net sale of $113.2M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $11.7B
- +4.4% vs prior year
- Insiders · 90 days
- 0 buys · 280 sells
- Net −$113.2M
- 13F holders
- 47 funds
- $10.8B · +1 vs prior quarter
- Latest 8-K
- Sep 2, 2026
- Item 7.01 · Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Global confectionery and snack manufacturer with segments in North America Confectionery, North America Salty Snacks, and International markets
- New acquisitions: LesserEvil organic popcorn (Nov 2025) and Sour Strips sour candy (Nov 2024), expanding snack portfolio and manufacturing capacity
- Strategic shift: Multi-year Advancing Agility & Automation Initiative launched in Feb 2024 to enhance supply chain, reduce costs, and automate processes
- Quantitative metric: Total workforce about 19,595 employees worldwide as of Dec 31, 2025, with 28% covered by collective bargaining agreements
- Noteworthy fact: 27% of consolidated net sales in 2025 made to major distributor McLane Company, emphasizing distribution concentration
Risk Factors
- Regulatory risk: Commodity price volatility oversight by CFTC affecting cocoa costs, primary incremental cost to business
- Geopolitical/macro risk: Uncertain macroeconomic environment in emerging international markets restrains profitable growth investments
- Operational risk: Integration of multiple acquisitions (LesserEvil, Sour Strips, Weaver assets) creates manufacturing capacity and synergies challenge
- Competitive risk: Expansion into organic and healthy snacks segments intensifies competition against specialty brands like LesserEvil acquired in 2025
- Financial risk: Inflationary pressures and higher manufacturing costs persist despite strategic price increases, pressuring gross margins
Management Discussion & Analysis
- Data insufficient to extract revenue, profitability, segment, cash flow, or forward-looking details from provided text
AI summary of the HSY 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 28, 2026
Management Discussion & Analysis
- First-six-month 2026 net sales growth, driven primarily by pricing actions and continued brand demand
- Higher manufacturing, logistics, and supply-chain costs creating incremental cost pressure
- Cocoa commodity pricing continued improving during first six months of 2026
- LesserEvil acquisition added organic popcorn and puffed snacks, plus manufacturing capacity
Risk Factors
- No material risk-factor changes disclosed; 2025 Form 10-K risks carried forward
- Share-repurchase authorization expanded by $500 million in June 2026
- Open-market repurchases totaled 1.9 million shares during the quarter
- Approximately $270 million remained under the December 2023 authorization
- Executive 10b5-1 plans covered sales of 20,000 shares and exercise of 3,485 options
AI summary of the HSY 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Hulays appointed Senior Vice President and Chief Financial Officer effective September 2, 2026
- Voskuil transitioned to Senior Vice President, Strategic Projects effective September 2, 2026
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Dave Hulays appointed CFO and principal financial officer, effective September 2, 2026
- Internal promotion after finance leadership roles since 2012, supporting continuity in financial management
Item EX-99.1: Item EX-99.1
- Dave Hulays appointed CFO effective September 2, 2026, succeeding Steve Voskuil
- Hulays brings nearly 30 years of financial leadership experience, including roles across Hershey’s operations and M&A
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 28, 2026, covering Hershey sales and earnings
- Press release furnished as Exhibit 99.1, containing the detailed financial results
Item EX-99.1: Item EX-99.1
- Q2 net sales $2.787B, up 6.6%, but organic growth 3.6% relied on 12 points of pricing against 8-point volume decline
- Adjusted EPS $1.90, up 57.0%; adjusted operating margin 20.2%, up 450 basis points excluding volatile derivative gains
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Joe Park joins Hershey’s Board effective June 29, 2026
- Audit and Finance and Risk Management Committee assignments
AI summaries of HSY 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for HSY
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL | Sell | Oct 2, 2026 | 3,894 | $159.47 |
| HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL | Sell | Oct 2, 2026 | 166 | $158.88 |
| HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL | Sell | Oct 2, 2026 | 5,940 | $160.33 |
| Brandt Christopher W | A | Oct 1, 2026 | 282.486 | - |
| HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL | Sell | Oct 1, 2026 | 7,494 | $159.37 |
| Quintero-Johnson Marie | A | Oct 1, 2026 | 282.486 | - |
| HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL | Sell | Oct 1, 2026 | 462 | $157.71 |
| HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL | Sell | Oct 1, 2026 | 83 | $156.71 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $11.2B | $11.7B |
| Gross Profit | $5.0B | $5.3B | $3.9B |
| Operating Income | - | $2.9B | $1.4B |
| Net Income | $1.9B | $2.2B | $883.3M |
| Gross Margin | - | 47.3% | 33.5% |
| Op. Margin | - | 25.9% | 12.3% |
| Net Margin | - | 19.8% | 7.6% |
| Balance Sheet | |||
| Total Assets | $11.9B | $12.9B | $13.7B |
| Equity | - | $4.7B | $4.6B |
| ROE | - | 47.1% | 19.0% |
| Cash Flow | |||
| Operating CF | - | $2.5B | $2.3B |
| CapEx | $771.1M | $605.9M | $454.6M |
Source: XBRL data in Hershey Company (The) (HSY)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate HSY share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 47 | $10.75B |
| Q1 2026 | 46 | $12.68B |
| Q4 2025 | 43 | $10.46B |
| Q3 2025 | 47 | $11.55B |
| Q2 2025 | 46 | $9.83B |
| Q1 2025 | 46 | $7.64B |
| Q4 2024 | 41 | $6.40B |
| Q3 2024 | 39 | $3.46B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 355 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
HSY filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Sep 30, 2026 | - | - | - |
| 4 | Sep 28, 2026 | - | - | - |
| 4 | Sep 23, 2026 | - | - | - |
| 4 | Sep 22, 2026 | - | - | - |
| 4 | Sep 22, 2026 | - | - | - |
| 4 | Sep 21, 2026 | - | - | - |
| 4 | Sep 17, 2026 | - | - | - |
| 4 | Sep 17, 2026 | - | - | - |
| 4 | Sep 17, 2026 | - | - | - |
| 4 | Sep 16, 2026 | - | - | - |
| 4 | Sep 14, 2026 | - | - | - |
| 4 | Sep 9, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
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HSY SEC filings: frequently asked questions
Are HSY insiders buying or selling?
In the last 90 days, Hershey Company (The) (HSY) officers, directors and 10% owners reported no open-market purchases and 280 open-market sales worth $113.2 million by 3 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold HSY stock?
As of June 30, 2026, the largest Hershey Company (The) (HSY) holders among the 13F filers tracked by SignalX were BlackRock ($2.3 billion), Vanguard Capital Management LLC ($1.7 billion), Vanguard Portfolio Management LLC ($1.3 billion), State Street Corp ($1.3 billion), Morgan Stanley ($990.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was HSY's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Hershey Company (The) (HSY) reported revenue of $11.7 billion (up 4.4% from FY2024) and net income of $883.3 million. The figures come from the XBRL data in the 10-K.
What are the main risks in HSY's latest 10-K?
In the 10-K filed February 17, 2026, Hershey Company (The) (HSY) flagged: Regulatory risk: Commodity price volatility oversight by CFTC affecting cocoa costs, primary incremental cost to business. Geopolitical/macro risk: Uncertain macroeconomic environment in emerging international markets restrains profitable growth investments. (AI summary of the Risk Factors section.)
What did HSY report in its latest 8-K?
Hershey Company (The) (HSY) filed an 8-K on September 2, 2026 reporting Item 7.01 (Regulation FD Disclosure) and Item 5.02 (Departure/Appointment of Directors or Principal Officers). Hulays appointed Senior Vice President and Chief Financial Officer effective September 2, 2026.
What are the latest HSY SEC filings?
Hershey Company (The) (HSY) filed its latest 10-K annual report on February 17, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 2, 2026 and a Form 4 insider filing on October 5, 2026.
What is HSY's SEC CIK number?
Hershey Company (The) (HSY)'s SEC Central Index Key (CIK) is 47111. EDGAR lists every HSY filing under that number.
Ask anything about HSY
The research agent reads HSY's filings, financials, insider trades and 13F holders, then answers with sources.