US Bancorp Increases Stake in Hershey Company

Institutional investor raises position in chocolate and snack giant

Published on Feb. 27, 2026

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US Bancorp DE, a major institutional investor, increased its stake in Hershey Company (NYSE: HSY) by 1.5% during the third quarter. The firm now owns 408,295 shares of the company's stock, valued at $76.4 million as of its most recent SEC filing.

Why it matters

Hershey is one of the largest and most recognizable confectionery brands in North America, with a diverse portfolio of chocolate, candy, and snack products. Institutional investors closely follow the company's performance, and changes in major stakeholder positions can signal broader market sentiment.

The details

According to the report, US Bancorp DE acquired an additional 6,029 shares of Hershey stock during the third quarter, increasing its total position to 408,295 shares. This represents a 1.5% increase in the firm's stake in the company. Hershey's stock has seen strong performance in recent quarters, with the share price rising over 20% in the past year.

  • US Bancorp DE increased its stake in Hershey during the third quarter of 2026.

The players

US Bancorp DE

A major institutional investor and one of the largest bank holding companies in the United States.

Hershey Company

A leading North American chocolatier and snack manufacturer headquartered in Hershey, Pennsylvania.

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The takeaway

The increase in US Bancorp's stake in Hershey suggests continued confidence in the company's growth prospects and ability to navigate the evolving confectionery and snack market. As a major institutional investor, US Bancorp's position in Hershey is closely watched by the broader market.