SG Americas Securities LLC and
AMF Tjanstepension AB significantly increased their holdings in The Hershey Company (HSY), showing strong institutional interest. This trend coincides with the company's repeated declarations of quarterly dividends. Hershey has also caught attention with its Halloween treats and its endeavors in social responsibility earning a spot on Fair360's 2024 Top Companies list and 100% on Disability:IN Disability Equality Index. However, it also faced some selling of shares by
QRG Capital Management Inc,
CX Institutional, and
Fulton Bank N.A. Market analysts’ views fluctuated with projections of both overvaluation and an attractive investment opportunity, and an average rating of “Hold” by analysts. Hershey updated its 2024 net sales and earnings outlook in its financial results announcements. Notably, Hershey plans on boosting its automation, presenting a risk for potential job losses. Additionally, the CFO
Steven E. Voskuil sold 1,500 shares, and Hershey selected
MiltonONE as its US media agency. Finally, a strategic SWOT insight, several financial results, some institutional changes, stock performance insights, and a special mention to its new limited-edition flavor of Kit Kat wrapped up Hershey's recent news.
The Hershey Company HSY News Analytics from Fri, 15 Dec 2023 18:13:59 GMT to Sun, 11 Aug 2024 15:31:14 GMT -
Rating 3
- Innovation 0
- Information 8
- Rumor -5
