What is the 13F Pro Quality Score for HSY?

13F Pro ranks HERSHEY CO (HSY) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View HSY's current score at https://13fpro.ai/company/HSY (free sign-up required for the full ranking).

Where does 13F Pro source HSY data?

All HERSHEY CO fundamentals and ownership data come directly from SEC EDGAR. HERSHEY CO files with the SEC under CIK 47111. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is HSY in?

HERSHEY CO (HSY) is classified in the Consumer Staples sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/consumer-staples.

What drives HSY's revenue?

Per HERSHEY CO's latest 10-Q filed with the SEC on 2026-07-30, the biggest revenue drivers are: North America Confectionery ($2,173.6M, +4.2% YoY); North America Salty Snacks ($387.8M, +22.9% YoY); International ($225.9M, +5.7% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/HSY.

What are HSY's largest expenses?

HERSHEY CO's latest 10-Q reports these as the largest expense items: Cost of sales ($1,524.0M, -16.2% YoY); Selling, marketing & administrative ($620.6M, +2.9% YoY); Interest expense, net ($50.0M, +8.5% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 28, 2026).

How often is HSY research updated on 13F Pro?

HSY's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

HERSHEY CO(HSY)Stock Analysis

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Consumer Staples →NYSElarge

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SEC EDGAR: CIK 47111 HSY stock profile & AI dashboard →

13F Pro Quality Score

65.7/100

Rank #463 of 2,961 stocksTOP 25%

View Consumer Staples peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

42.9/100

Profitability

65.7/100

Balance Sheet

87.0/100

Earnings Quality

59.9/100

Free Cash Flow

70.6/100

Institutional Flow

79.5/100

Revenue Scale

88.1/100

Dilution Risk

72.4/100

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Why HSY Scores 66/100

exact factor attribution · 2026-09-11

HSY's composite is driven by scale and capital efficiency, held back by revenue growth and earnings growth. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+5.7 pts

88th pct

Capital efficiency

+3.7 pts

87th pct

Free cash flow

+3.1 pts

71th pct

Profitability

+2.4 pts

66th pct

Institutional flow

+1.5 pts

80th pct

Shareholder dilution

+1.1 pts

72th pct

Earnings quality

+1.0 pts

60th pct

Earnings growth

-1.3 pts

25th pct

Revenue growth

-1.4 pts

43th pct

Latest change (2026-07-30): 59 → 67 · ↑ Profit margin 50→70; ↑ Revenue growth 32→41; despite ↓ Institutional flow 78→27

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

HSY Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for HERSHEY CO (HSY), a Consumer Staples sector company. 13F Pro's AI-powered ranking engine scores HSY at 65.7/100 on a 32-signal composite quality model, placing it at rank #463 of 2,961 stocks — the top 25% of the AI-ranked universe. HSY scores in the top quartile across revenue scale (88.1), balance sheet strength (87.0), institutional flow (79.5). Based on the latest XBRL financial filings (Q2 2026), HERSHEY CO reports quarterly revenue of $2.8B, net income of $457.7M, free cash flow of $329.5M. Top institutional holders of HSY by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. HSY trades on the NYSE exchange and files with the SEC under CIK 47111. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HSY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for HERSHEY CO directly from SEC EDGAR. HERSHEY CO's 13F Pro composite quality score has ranged between 59 and 78 since 2021, currently 65.7 — a declining long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about HERSHEY CO

Quirks, history, and lore behind HSY — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. consumer staples company · large-cap · listed on the NYSE · headquartered in a small Pennsylvania town that literally shares its name.
2
The Numbers
Annual revenue of roughly $11 billion, built almost entirely on products you'd find in a checkout-lane impulse buy — margins are surprisingly healthy for something so sweet.
3
The History
Founded in 1894 by a self-made confectioner who'd already failed twice, he cracked the code on mass-producing milk chocolate at a price ordinary Americans could afford.
4
The Secret
The founder built an entire company town — with schools, parks, and a trolley system — and left his fortune to a boarding school for orphaned children that still controls the company today.
5
The Lore
During World War II, the U.S. Army commissioned a special heat-resistant chocolate bar from this company to stuff into soldiers' ration kits — it reportedly tasted terrible on purpose so troops wouldn't snack it before emergencies.
6
The Giveaway
Kisses, Reese's, and a Pennsylvania town with roller coasters — if the street lamps are shaped like foil-wrapped chocolates, you're basically at headquarters.

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What's Driving HSY's Business? Latest 10-Q Breakdown

✓ 23/23 datapoints verified

AI-extracted from HERSHEY CO's 10-Q filed 2026-07-30 — Q2 FY2026 (quarter ended June 28, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Hershey's Q2 net sales rose 6.6% to $2.79B on pricing actions, while plunging cocoa costs drove gross margin to 45.3% from 30.5% and net income up 630% to $457.7M.

Biggest Revenue Drivers

North America Confectionery$2,173.6M+4.2% YoY

Favorable price realization of ~14% from 2025 pricing action, partially offset by ~10% volume decline driven by price elasticity

North America Salty Snacks$387.8M+22.9% YoY

LesserEvil acquisition contributed ~22%; volume grew ~4% led by Dot's Homestyle Pretzels, partly offset by ~3% price decline from higher trade promotions

Biggest Revenue Drivers

Total revenue: $2.79B+6.6% YoY

North America Confectionery$2,173.6M+4.2% YoY

Favorable price realization of ~14% from 2025 pricing action, partially offset by ~10% volume decline driven by price elasticity

North America Salty Snacks$387.8M+22.9% YoY

LesserEvil acquisition contributed ~22%; volume grew ~4% led by Dot's Homestyle Pretzels, partly offset by ~3% price decline from higher trade promotions

International$225.9M+5.7% YoY

Favorable price realization ~10% and ~4% FX benefit, partially offset by ~8% volume decline from price elasticity

Largest Expense Items

Cost of sales$1,524.0M-16.2% YoY

Lower sales volume, transformation program savings, and $117.4M favorable mark-to-market on commodity derivatives, partly offset by higher supply chain costs and unfavorable mix

Selling, marketing & administrative$620.6M+2.9% YoY

Higher capability and technology investments, partially offset by lower compensation/benefit costs and AAA Initiative savings

Interest expense, net$50.0M+8.5% YoY

Increase in short-term debt, slightly offset by lower long-term debt balances

Margins: Gross margin rose to 45.3% from 30.5% (+1,490 bps) on favorable price realization, AAA Initiative savings, and favorable commodity mark-to-market activity, partly offset by unfavorable supply chain costs and volume declines. Operating margin improved to 23.1% from 7.4%.

Watch Items from the Filing

Average cocoa futures price fell to $1.80/lb in H1 2026, down ~51% from the 2025 annual average of $3.65/lb amid a forecast supply surplus, a key tailwind to margins.
International segment swung to a $5.1M operating loss from $19.8M income a year ago, driven by higher commodity/manufacturing costs and advertising investment.
U.S. candy, mint & gum consumer takeaway fell 8.6% with market share decline in Q2, indicating pricing-led growth is coming at the expense of volume and share.
Board approved an additional $500 million share repurchase authorization in June 2026, on top of ~$270 million remaining under the 2023 program.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$2.8B

Net Income

Q2 2026

$457.7M

Free Cash Flow

Q2 2026

$329.5M

ROIC

Q2 2026

24.1%

D/E Ratio

Q2 2026

1.34

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+4.4% YoY

$11.69BFY 2025

FY22 $10.42BFY23 $11.16BFY24 $11.20BFY25 $11.69B

Net Income

-60.2% YoY

$883.3MFY 2025

FY22 $1.64BFY23 $1.86BFY24 $2.22BFY25 $883.3M

Operating Income

-50.3% YoY

$1.44BFY 2025

FY22 $2.26BFY23 $2.56BFY24 $2.90BFY25 $1.44B

Total Assets

+6.1% YoY

$13.74BFY 2025

FY22 $10.95BFY23 $11.90BFY24 $12.95BFY25 $13.74B

Total Debt

+1.5% YoY

$6.41BFY 2025

FY22 $6.30BFY23 $5.42BFY24 $6.31BFY25 $6.41B

Op. Cash Flow

-10.0% YoY

$2.28BFY 2025

FY22 $2.33BFY23 $2.32BFY24 $2.53BFY25 $2.28B

Free Cash Flow

-5.3% YoY

$1.82BFY 2025

FY22 $1.81BFY23 $1.55BFY24 $1.93BFY25 $1.82B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$11.69B +4.4%	$11.20B +0.3%	$11.16B +7.2%	$10.42B +16.1%	$8.97B +10.1%	$8.15B
Net Income	$883.3M -60.2%	$2.22B +19.3%	$1.86B +13.2%	$1.64B +11.3%	$1.48B +15.5%	$1.28B
Operating Income	$1.44B -50.3%	$2.90B +13.2%	$2.56B +13.3%	$2.26B +10.6%	$2.04B +14.6%	$1.78B
Total Assets	$13.74B +6.1%	$12.95B +8.8%	$11.90B +8.7%	$10.95B +5.2%	$10.41B +14.0%	$9.13B
Total Debt	$6.41B +1.5%	$6.31B +16.4%	$5.42B -13.9%	$6.30B +25.1%	$5.03B -8.1%	$5.48B
Operating Cash Flow	$2.28B -10.0%	$2.53B +9.0%	$2.32B -0.2%	$2.33B +11.8%	$2.08B +22.5%	$1.70B
Free Cash Flow	$1.82B -5.3%	$1.93B +24.1%	$1.55B -14.2%	$1.81B +13.9%	$1.59B +26.2%	$1.26B

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Available Research

13F Pro tracks comprehensive data for HERSHEY CO including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of HSY

BlackRock, Inc.
$2.3B13,131,312 sh
VANGUARD CAPITAL MANAGEMENT LLC
$1.7B9,683,520 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$1.3B7,271,155 sh
STATE STREET CORP
$1.3B7,227,295 sh
MORGAN STANLEY
$990.7M5,646,902 sh
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
$835.2M4,760,502 sh
GEODE CAPITAL MANAGEMENT, LLC
$748.3M4,280,665 sh
Capital World Investors
$614.1M3,500,000 sh
FMR LLC
$527.1M3,004,051 sh
ROYAL BANK OF CANADA
$507.3M2,891,678 sh

Fund	Value	Shares
BlackRock, Inc.	$2.3B	13,131,312
VANGUARD CAPITAL MANAGEMENT LLC	$1.7B	9,683,520
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.3B	7,271,155
STATE STREET CORP	$1.3B	7,227,295
MORGAN STANLEY	$990.7M	5,646,902
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$835.2M	4,760,502
GEODE CAPITAL MANAGEMENT, LLC	$748.3M	4,280,665
Capital World Investors	$614.1M	3,500,000
FMR LLC	$527.1M	3,004,051
ROYAL BANK OF CANADA	$507.3M	2,891,678

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Is HSY a good stock to buy?

13F Pro's AI-powered analysis of HERSHEY CO (HSY) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Staples sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for HSY are available on the HSY stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. HSY is classified as a large company.

Which hedge funds own HSY?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling HSY. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of HERSHEY CO's investment landscape.