A series of **financial news** and **reports** revolving around **The Hershey Company (HSY)** have been gathered. First, **Allianz Asset Management GmbH** and several other companies have cut their stakes in the company. In parallel, entities such as **Mackenzie Financial Corp** and **Texas Yale Capital Corp** are among those who have accumulated more shares of the company. According to **RBC Capital**, Hershey is categorised as a **'Hold'** while others commend it as a **stable** food dividend stock. Moving on, Hershey announced a **quarterly dividend** of $1.37, sustaining its **strong** quarterly dividend streak. The newly selected **CEO** of the company is Kirk Tanner and will assume office from 18th August, 2025. Despite **strong sales** in Q2, the costs have pushed the profits to plunge by 65%. It also hints that tariffs have negatively impacted its **outlook**. Significant positions were noted among shareholders with **LPL Financial LLC** having $72.83 million holdings. Meanwhile, several top position holders have lowered their shares. Meanwhile, **Reese's and Oreo** are finally teaming up signalling a potentially strong move in the confectionary space.
The Hershey Company HSY News Analytics from Fri, 03 Jan 2025 08:00:00 GMT to Sun, 03 Aug 2025 00:26:35 GMT -
Rating -4
- Innovation 0
- Information 4
- Rumor 2
