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M&T Bank Corp Acquires 151,055 Shares of Hershey Company (The) $HSY
M&T Bank Corp significantly increased its stake in Hershey Company (HSY) during Q4, purchasing 151,055 additional shares to bring its total holding to 185,850 shares, valued at approximately $36.68 million. Despite this increased institutional interest, market sentiment for Hershey is mixed, with some analysts maintaining a “Buy” rating while others have lowered price targets, contributing to a recent stock pullback. Hershey recently reported an earnings beat for Q4, provided optimistic FY2026 guidance, and raised its quarterly dividend.