The Hershey Company (HSY) has seen significant shifts in its
stock ownership, with multiple asset management and investment companies altering their positions. Firms like Heartland Advisors Inc., Prudential Financial Inc., and Covington Investment Advisors Inc. have trimmed their positions, while other investors like Broadway Wealth Solutions Inc, American Century Companies Inc., and Virtu Financial LLC have increased their stakes. New appointments were made, with Tiffany Menyhart named as Chief Customer Officer, Stacy Taffet as Chief Growth Officer, and new Presidents for both Confection and Salty Divisions. HSY's
dividend growth potential has been analyzed, with some viewing HSY as an appealing high dividend stock to invest in. However,
Hershey's valuation and profitability have also been questioned, alongside concerns about rising cocoa prices. There's speculation about Hershey's new strategy following a $2B debt deal. Additionally, the company has announced a COE succession plan, strategic acquisitions, and introduced new products.
The Hershey Company HSY News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Sat, 29 Mar 2025 11:39:51 GMT -
Rating 1
- Innovation -4
- Information 8
- Rumor -2
