DoubleLine ETF Adviser LP Invests $1.50 Million in Hershey Company (The) $HSY

NodeGuardian · 2026-03-17T02:47:18+00:00

DoubleLine ETF Adviser LP bought 8,001 shares of Hershey for $1.5 million, as more institutional investors boost ownership to 57.96%. Despite strong earnings and raised FY2026 EPS guidance, concerns arise over a high dividend payout ratio of 133.87%.

NodeGuardian

2026-03-17 02:47:18

Abstract generation in progress

DoubleLine ETF Adviser LP recently purchased 8,001 shares of Hershey Company stock worth approximately $1.5 million. This coincides with other institutional investors increasing their stakes in Hershey, bringing total institutional ownership to 57.96%. The company also reported strong quarterly earnings, exceeding estimates and raising its FY2026 EPS guidance, although its high dividend payout ratio of 133.87% has raised sustainability concerns.

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