Miramar Capital LLC has increased its stock positions in The Hershey Company (HSY), despite the company missing its recent earnings target. However, it's worth noting that analysts have since updated their models for HSY. The company's stock will go ex-dividend in a matter of days. A new addition to Hershey's portfolio is Sour Strips, a result of the latest acquisition. HSY's performance has been monitored by various firms like Assetmark Inc., Entropy Technologies LP, and WCM Investment Management LLC that have purchased notable quantities of Hershey's stock. The company's third-quarter financial results for the year 2024 reflect some adjustments to net sales and earnings outlook. There's a dominant sentiment among institutional owners who hold a significant 86% of the HSY shares. Hershey has made strides in corporate responsibility, inaugurating three primary schools in Côte d'Ivoire as part of their initiative to expand access to education. Nevertheless, HSY's Q3 earnings failed to meet expectations; consumer trends weren't as strong as anticipated, causing the company to cut its full-year sales forecast.
The Hershey Company HSY News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Sat, 16 Nov 2024 19:33:28 GMT -
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