The Hershey Company's (HSY) shares have been a popular choice for numerous investment entities ranging from Pacer Advisors Inc. to Wealth Alliance LLC. Notably, the company has witnessed changes in executive roles, with Kirk Tanner appointed as President and CEO effective August 18, 2025. While some of HSY's high-ranking officers have divested part of their shares, other entities like Kestra Private Wealth Services LLC and Gries Financial LLC have substantially increased their positions. Overall sentiment towards the company's stock remains mixed, with some insiders selling their stock and an average analyst rating of 'Reduce'. Despite the lukewarm ratings, Hershey has seen consistent buying activity from institutional shareholders escalating the institutional shareholders to 89%.
Hershey is also initiating corporate sustainability efforts reflected in its 2024 Responsible Business Report, and executive team enhancements to support growth. Among the significant developments, Hershey announced a new Chief Growth Officer, Stacy Taffet and Chief Customer Officer, Tiffany Menyhart. Earnings are expected to be announced soon, fuelling anticipation among stakeholders. Lastly, Hershey is diversifying and expanding its product portfolio, as evidenced by new additions like the HERSHEY'S Milk Chocolate with Caramel Bar and a promising partnership with Pokémon.
The Hershey Company HSY News Analytics from Fri, 08 Nov 2024 08:00:00 GMT to Sat, 26 Jul 2025 11:22:31 GMT - Rating 4 - Innovation 3 - Information 7 - Rumor -6
