HSY · NYSE · CIK 0000047111
The Hershey Company
No equity stake in another company appears in The Hershey Company's filings. That is the sourced answer, not a hole in the research.
The Hershey Company - Profile
- Sector
- Consumer StaplesGICS
- Industry
- Sugar & Confectionery ProductsSIC 2060
- Listed on
- NYSE
- Employees
- 17,550stated 2025
- Incorporated in
- Delaware
- Financial year ends
- 31 December
Source
Address, industry classification, listing and incorporation come from The Hershey Company's own SEC filer record, so the industry is the SEC's dry classification rather than a marketing label. The website comes from Wikidata. The headcount is the figure the Wikipedia article states for 2025, not a figure this site has verified against a filing. The description is the opening paragraph of its Wikipedia article, used under CC BY-SA 4.0.
Share price
HSY
Description
The Hershey Company, often called Hershey or Hershey's, is an American multinational confectionery company headquartered in Hershey, Pennsylvania, which is also home to Hersheypark and Hershey's Chocolate World. The Hershey Company is one of the largest chocolate manufacturers in the world; it also manufactures baked products, such as cookies and cakes and beverages like milkshakes, as well as other products (through mergers and acquisitions). The Hershey Company was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, originally established as a subsidiary of his Lancaster Caramel Company.
Who owns The Hershey Company.
sized by
modelled, reported or pending
Select a row or a slice for its provenance: the filing it came from, when it was measured, and the arithmetic behind it if it was modelled.
The full register, from 13F filings
The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 1,453 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.
1,453 managers reported a position, together holding 124.5m shares, or 85.1% of the company. The 40 largest are listed. Percentages are of a share count taken later than this quarter, because the count in force at the snapshot is not published as a structured fact for this company. Where the count has moved since, the figures are off by that much.
Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.
What a reader needs to know to read these numbers
- Control structure is the story: Hershey Trust Company, as trustee for the Milton Hershey School Trust, holds 2,066,119 shares of Common Stock (1.41% of Common) and 54,612,012 shares of Class B Common Stock (99.99% of the Class B class) as of 6 Mar 2026 per the DEF 14A. Class B carries 10 votes/share versus 1 vote/share for Common. Combined, the Trust controls approximately 79.17% of total voting power (548,186,239 of 692,447,283 votes, computed from the Q2 2026 10-Q cover page share counts: 146,312,143 Common + 54,613,514 Class B). Class B shares/votes are kept entirely out of company.shares_outstanding and out of the register row's shares/pct_of_company field; they live only in share_classes and in the Trust register row's method_note, per the binding instruction.
- holder_type for the Hershey Trust Company row is set to strategic: none of the enum values (index/active/insider/sovereign/retail_float/depositary/esop_trust/aggregate) accurately describe a controlling trustee holding on behalf of a school beneficiary, and strategic best captures its non-index, non-diversified, control-oriented nature.
- Holdings: searched the Q2 2026 10-Q (period 28 Jun 2026, filed 30 Jul 2026) and the FY2025 10-K (filed 17 Feb 2026) for equity method, unconsolidated, joint venture, equity investments, investment in, affiliate, non-marketable, and noncontrolling. Hershey's only disclosed equity-method exposure is a combined balance in 'Investments in Unconsolidated Affiliates' (partnerships that make equity investments in projects eligible for federal historic and renewable energy tax credits): $174,834 thousand at 28 Jun 2026 and $176,567 thousand at 31 Dec 2025. This is a single combined balance covering multiple tax-credit partnership investees with no individual investee named or sized in either filing, so per the binding rule against assigning a combined balance to one investee, holdings is left empty rather than attributing the figure to any single investee.
- Vanguard case: Vanguard Group Inc (CIK 0000102909) filed a 13F-NT (notice only, no holdings) for the quarter ended 30 Jun 2026. Per the Vanguard successor rule, summed the two verified successor advisor filings that reported actual HSY holdings: Vanguard Capital Management LLC (CIK 0002100119, 9,683,520 sh) and Vanguard Portfolio Management LLC (CIK 0002100121, 7,271,155 sh), total 16,954,675 shares. Other Vanguard-family CIKs seen in the Q1 2026 register snapshot were not individually checked; a residual small position may exist there, see unknowns.
- Capital Group case: all three Capital Group 13F-HR filers were checked for Q2 2026. Capital World Investors (CIK 0001422849) held 3,500,000 sh; Capital Research Global Investors (CIK 0001422848) held 2,699,237 sh; Capital International Investors (CIK 0001562230) held zero (CUSIP 427866108 absent from its info table). This conflicts with Hershey's DEF 14A, which lists Capital International Investors holding 9,050,100 Common shares (6.1%) citing a Schedule 13G/A said to be filed 13 Nov 2025 as of 30 Nov 2025; neither Hershey's own SC 13 filing history (last entry 13 Nov 2024) nor EDGAR full-text search turns up that filing. Used the directly-read Q2 2026 13F figures (sum 6,199,237 sh) as the register basis rather than the unverifiable proxy citation.
- T. Rowe Price Associates Inc reported HSY value in thousands in its Q2 2026 13F info table (raw $37,456 against 213,479 shares); rescaled x1000 to $37,456,000 after cross-checking the implied per-share price against the ~$175.5 cluster seen across every other Q2 2026 filer. Share count was not rescaled.
- JPMorgan Chase's Q2 2026 13F implies about $181.6/share versus the ~$175.5/share cluster every other filer implies (about 3.5% high); confirmed no option/putCall lines are mixed in. Left as filed since it is not an order-of-magnitude error, just a differing intraquarter valuation.
- Checked MFS (CIK 0000912938), Dodge & Cox (CIK 0000200217), and Cohen & Steers (CIK 0001284812) Q2 2026 13F-HR info tables directly for CUSIP 427866108: none hold HSY as of 30 Jun 2026 (confirmed absent, not merely unmatched by name).
- Self-gate: register has 18 rows, none carry is_aggregate/rolls_up_into overlaps with each other (no double-counted holder identified). Simple sum of all register shares = 71,143,990, which is 48.62% of shares_outstanding (146,312,143). This is above the 25-45% typical band but inside the 15-55% acceptable band; attributed to Hershey's unusually concentrated top-heavy institutional register (Vanguard+BlackRock+State Street alone are 25.5% of Common) layered on top of the controlling Trust's 1.41% Common stake, not to a double count.
- market_cap_usd is computed across both share classes (146,312,143 Common + 54,613,514 Class B = 200,925,657 total shares) at the $181.07 Common close on 17 Aug 2026, matching stockanalysis.com's reported $36.38bn; this is standard practice for dual-class market cap even though Class B does not itself trade.
Looked for, not found
Recorded rather than filled in. Each of these is a place where a number could have been invented and was not.
- Whether any of the other Vanguard-family CIKs seen bucketed under 'Vanguard' in the Q1 2026 13F register snapshot (0000933478, 0001550100, 0001680208, 0001767306, 0001811242, 0001984256) hold a residual HSY position in Q2 2026 beyond the two successor CIKs checked; not individually verified.
- The underlying document for the DEF 14A's footnote 9 citation (a Schedule 13G/A said to be filed 13 Nov 2025 by Capital International Investors) could not be located in EDGAR; could not confirm whether it exists, is misdated in the proxy, or was withdrawn/superseded.
- No SC 13D or SC 13G/A has been filed against Hershey (CIK 0000047111) since 13 Nov 2024 per its own EDGAR submissions history, so no fresher activist or concentrated-stake disclosure exists to check beyond the 13F register and the March 2026 DEF 14A.
- Individual current holdings of named executive officers/directors (CEO Michele G. Buck 103,354 Common + 199,275 options + 77,437 deferred units, etc.) were read in the DEF 14A but not broken out as separate register rows; only the aggregate insiders-as-a-group figure was used, to avoid overlap/double counting.