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President, International at Hershey Co (NASDAQ:HSY), a $35.7 billion market cap confectionery giant currently trading at $176.47, saw insider Grover Rohit sell 1,333 shares of common stock on July 1, 2025, at a price of $175.00, for a total transaction value of $233,275. According to InvestingPro analysis, the company maintains a GOOD financial health score.
Following the transaction, Grover directly owns 39,402 shares of Hershey Co. The sale was executed under a Rule 10b5-1 trading plan adopted on February 25, 2025. Notably, Hershey has maintained dividend payments for 55 consecutive years, with a current dividend yield of 3.11%. InvestingPro subscribers can access 8 additional key insights about HSY’s financial performance and valuation metrics in the comprehensive Pro Research Report.
In other recent news, The Hershey Company (NYSE:HSY) is experiencing significant financial challenges due to rising cocoa prices and tariffs. Moody’s Ratings has affirmed Hershey’s A1 senior unsecured rating but revised the outlook to negative, citing expected earnings weakness. The company is facing potential tariff impacts of up to $100 million per quarter in the latter half of 2025, and Moody’s expects EBITDA to decline by 25-30% in 2025. S&P Global Ratings has also revised Hershey’s outlook to negative, pointing to increasing leverage and weakening profitability, with leverage expected to rise to the mid-2x area by the end of fiscal 2025.
Piper Sandler maintained an Underweight rating on Hershey, with a $120 price target, noting the company’s struggles with elevated cocoa prices and tariffs. The firm adjusted its earnings model to reflect these pressures, lowering its 2025 and 2026 earnings per share estimates. Despite these challenges, Hershey shareholders approved several key proposals at the Annual Meeting, including the election of directors and the ratification of Ernst & Young LLP as auditors. The company is actively seeking ways to mitigate the financial impact, such as through pricing strategies and operational efficiencies, while pursuing an exemption for cocoa tariffs. Additionally, Hershey plans to fund the $750 million acquisition of LesserEvil, expected to close in 2025, using part of its $1.5 billion cash reserve.
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