Ceredex Value Advisors Acquires $22.68M Stake in Hershey

Institutional investor takes major position in chocolate giant

Mar. 10, 2026 at 12:03pm

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Ceredex Value Advisors LLC, an institutional investment firm, has acquired a new position in shares of The Hershey Company (NYSE: HSY), purchasing 121,250 shares valued at approximately $22.68 million. This represents around 0.06% ownership of Hershey at the end of the most recent reporting period.

Why it matters

Hershey is one of the world's largest chocolate manufacturers and a major consumer brand. Institutional investors taking large positions in the company can signal confidence in its long-term growth prospects and future performance.

The details

According to a recent 13F filing, Ceredex Value Advisors acquired the new stake in Hershey during the third quarter. The investment firm now owns approximately 121,250 shares of the company's stock, valued at around $22.68 million. This represents a new position for Ceredex in Hershey, which they did not previously hold.

  • Ceredex Value Advisors acquired the Hershey shares during the third quarter of the year.

The players

Ceredex Value Advisors LLC

An institutional investment firm that has acquired a new $22.68 million position in shares of The Hershey Company.

The Hershey Company

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

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The takeaway

Hershey's attracting major institutional investment signals confidence in the company's long-term growth potential as a leading consumer brand and manufacturer in the chocolate and snack industry.