The Hershey Company (HSY) continues to receive commendations and interest from institutional owners, who control 86% of its shares. Multiple firms have recently increased their investment in Hershey, including Eliot Finkel Investment Counsel LLC, Swedbank AB, Douglas Lane & Associates LLC, and Virginia Wealth Management Group Inc. Michael Del Pozzo has been named the new president of U.S. Confection. Hershey's forward-thinking strategies, such as its groundbreaking collaboration with Cocoa Cooperatives, aim to bolster farmer income and promote farm resilience. Additionally, Hershey's new spooky treats are expected to enliven this year's Halloween. Its environmental, social, and governance (ESG) report for 2023 details the corporation's continued commitment to sustainability, which should please socially conscious investors. However, Q2 results missed targets, leading to a lowering of projections and resultant slip in the stock price. Despite this, there's a continued belief in Hershey's future growth and value based on recent dividends declared and focus on the U.S. growth trend.
The Hershey Company HSY News Analytics from Fri, 15 Dec 2023 18:13:59 GMT to Sat, 19 Oct 2024 12:42:03 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -1
