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