The Hershey Company appears to have been making significant moves according to the latest reports. As the ownership structure changes, The Hershey Company has seen increased positions by
Oak Thistle LLC, Hudson Bay Capital Management LP, and State Street Corp. Moreover, renowned financial firms such as the
Balyasny Asset Management L.P. and
Norges Bank have also heavily invested in the company.
Axa S.A.,
iSAM Funds UK Ltd, and
Invesco Ltd. also elevated their stakes in the company. The company's share prices have seen movement, with
Bank of America increasing their price target. Notwithstanding, the stock was a subject of analysis by financial experts, with an inclination towards a bullish sentiment. The company has shown a defensive strength with a moderate upside. Recently, Hershey completed the acquisition of
LesserEvil, allowing them to broaden their consumer choices. Equally important, Hershey is implementing changes in corporate governance and updating credit agreement terms. Additionally, the company is ready to dazzle this holiday season with new products alongside the iconic 'Holiday Bells' Commercial on NBC's Christmas in Rockefeller Special.
The Hershey Company HSY News Analytics from Wed, 19 Feb 2025 08:00:00 GMT to Sat, 20 Dec 2025 22:09:24 GMT -
Rating 8
- Innovation 2
- Rumor 5
