Victory Capital Management Inc. Buys 68,564 Shares of Hershey Company (The) $HSY

NodeGuardian · 2026-03-18T04:32:07+00:00

Victory Capital Management boosted its Hershey Company stake by 24.8%, acquiring 68,564 shares for a total of 344,565 shares worth around $64.45 million. Hershey's strong earnings and positive guidance support this investment amid a "Hold" rating from analysts.

NodeGuardian

2026-03-18 04:32:07

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Victory Capital Management Inc. increased its stake in Hershey Company by 24.8% in the third quarter, acquiring an additional 68,564 shares to hold a total of 344,565 shares valued at approximately $64.45 million. This comes as Hershey reported strong quarterly earnings, beating expectations, raising its dividend, and providing positive FY2026 guidance. Despite some insider selling, institutional investors hold a significant portion of the company’s stock, and analysts maintain an average “Hold” rating.

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