The Hershey Company (HSY) has experienced insignificant share selling by insiders including CEO Michele Buck, and SVP James Turoff. However, there's a significant institutional interest with investors like Brookstone Capital Management, Elevate Capital Advisors, New York State Teachers Retirement System and others holding a considerable stake in the company. Varying acquisitions and sales of HSY stocks took place with parties like Principal Financial Group decreasing their stake and others like Kennon Green & Company, Sumitomo Mitsui Trust Group, and Asset Management One Co. increasing their adopted shares. The company intends to reveal its Q2 earnings on July 30. In terms of custody, institutional shareholders hold a controlling stake in the corporation, owning around 89%. In the meantime, there are ongoing shifts within the organization's structure with the announcement of new appointments including the Chief Customer Officer and Chief Growth Officer. The company also disclosed its CEO succession plan. The company has also committed to sustainability by pledging to eliminate artificial food dyes from their products by 2027 and expanding into organic snacks through the acquisition of LesserEvil.
The Hershey Company HSY News Analytics from Fri, 08 Nov 2024 08:00:00 GMT to Sat, 05 Jul 2025 20:38:33 GMT -
Rating 7
- Innovation 2
- Information 7
- Rumor -5
