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Strs Ohio Has $17.14 Million Stock Position in Hershey Company (The) $HSY
Strs Ohio significantly increased its stake in Hershey Company (HSY) by 493% in Q4, now holding 94,190 shares valued at $17.14 million. This comes as Hershey reported strong Q1 earnings, beating analyst estimates with $2.35 EPS and $3.10 billion in revenue, despite facing margin pressures from higher input costs. The company declared a quarterly dividend of $1.452 per share, yielding 3.2%, and maintains a consensus “Hold” rating from analysts with an average price target of $220.56.