icon
0%

The Hershey Company HSY - News Analyzed: 3,857 - Last Week: 99 - Last Month: 499

↑ The Hershey Company (HSY) Displaying Strong Institutional Backing and Robust Financial Performance

The Hershey Company (HSY) Displaying Strong Institutional Backing and Robust Financial Performance
The Hershey Company (HSY) has been in the news following a range of updates both financially and structurally. The organization's Return-On-Equity (ROE) seems promising, consistently surpassing the industry average, which analysts believe represents a lucrative opportunity for potential investors. Despite some insider selling by CFO Steven E. Voskuil, the company reportedly dominates with an 86% ownership of shares by institutional owners. Hershey's financial performance has been positive, with both first-quarter 2024 and full-year 2023 results meeting expectations. The company's outlook remains confident, with Net Sales and Earnings for 2024 reaffirmed. Recent investments from RFG Advisory LLC and B. Riley Wealth Advisors Inc. further bolster Hershey's financial standing. On the sustainability front, the company's 2023 ESG report highlights its stride towards a more resilient future. And in a sweet deal, Hershey also raised quarterly dividends, much to the delight of shareholders.

The Hershey Company HSY News Analytics from Tue, 19 Sep 2023 07:00:00 GMT to Sat, 29 Jun 2024 14:14:45 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -6

The email address you have entered is invalid.