Institutional investors boost holdings in Hershey, which announced a $1.37 quarterly dividend.

Institutional investors like Parthenon LLC and Mengis Capital Management Inc. have increased their holdings in The Hershey Company (NYSE: HSY). The company recently announced a quarterly dividend of $1.37 per share, payable on December 16th. Hershey, with a market cap of $36.44 billion, operates in confectionery and snack items through three segments. Recent analyst reports on HSY have varied, ranging from "buy" to "sell" ratings.

November 13, 2024
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