Hershey's CFO Steven Voskuil sold 1,500 shares worth $325,065, reducing his stake by 2.44%. The company recently reported better-than-expected quarterly earnings with EPS of $1.71 and revenue growth of 7%. Hershey also raised its quarterly dividend to $1.452 per share, reflecting confidence in its financial health. Analysts maintain a mostly neutral to hold stance, with a consensus target price around $222.68.
The SCHD ETF has returned just under 2% in the past month, outperforming the S&P 500 ETF (SPY) by nearly 1%. Year-to-date, about 30 SCHD holdings have more than doubled the returns of SPY, which has returned 9.8%. Additionally, 31 SCHD holdings are t...
Hershey is now considered an attractive investment after a period of underperformance, offering a 3.3% dividend yield. The company is experiencing net sales growth and improving gross margins, driven by pricing strategies and supply chain efficiencie...
