The Hershey Company (HSY) has demonstrated a strong trajectory, with various stakeholders significantly contributing to its success through investment. Major asset management entities such as State Street Corp, Balyasny Asset Management L.P., and Norges Bank have made significant investments in the company. Amid market consolidation, TV personality Jim Cramer opines
Hershey could be near its bottom, hinting at potential for growth. Announcements such as Hershey's acquisition of LesserEvil to broaden consumer choice, launching a Dubai-inspired chocolate bar, and unveiling new treats and timeless favorites corroborate this. They have also updated corporate governance and appointed a new Chief Executive Officer and Chief Human Resources Officer, signaling positive internal shifts. Hershey also saw insider buying activity, pointing to internal confidence in the company. Analysts from Stifel have raised Hershey's price target, suggesting an upwards trajectory. Other significant developments include Hershey declaring Quarterly dividends, unveiling the 2024 Responsible Business Report, flashing a Golden Cross signal potentially indicating a Bullish Market, and successfully closing the LesserEvil acquisition multiplying their salty snack portfolio. However, it is critical to note there have been stock sales by various entities. Hershey's future is seen as promising by many, including those expecting another earnings beat in their next report.
The Hershey Company HSY News Analytics from Mon, 26 May 2025 07:00:00 GMT to Sat, 13 Dec 2025 09:08:45 GMT -
Rating 8
- Innovation 4
- Information 8
- Rumor -3
