Rockland Trust Co., Tudor Financial Inc., CX Institutional, Tobam, Verity & Verity LLC, Marshall Financial Group LLC, Farther Finance Advisors LLC, Willis Investment Counsel, and other investors have all made new investments in The Hershey Company (HSY), with many firms, such as Central Bank & Trust Co. and RFG Advisory LLC, reducing their holdings. The company has also revealed a Pokémon collaboration and released a new protein bar having 18g protein and 1g sugar. Despite concerns over the Hershey stock underperforming the Dow, dividend growth remains strong and hedge funds are buying. Speculation about takeover rumors has been noted and HSY has engaged in debt deals worth $2B. Despite a CEO succession plan, the stock still presents a buying opportunity for growth investors but the outlook remains sour according to technical analysis.
HSY has also experienced insider selling. Rohit Grover sold Hershey stocks and their CAO also sold 974 shares. The Q4 Earnings release is on deck and Stacy Taffet has been appointed as the Chief Growth Officer. Furthermore, Hershey has made a daring move into organic snacks, with the acquisition of LesserEvil, expanding its sweets portfolio along with Sour Strips.
The Hershey Company HSY News Analytics from Fri, 08 Nov 2024 08:00:00 GMT to Sat, 14 Jun 2025 18:15:05 GMT - Rating 2 - Innovation 4 - Information 8 - Rumor -2
