Hershey's Trading Volume Plummets 51.36% Ranking 384th in Market Activity

On March 24, 2025, The's trading volume was 2.47 billion, a significant decrease of 51.36% compared to the previous day, ranking 384th in the day's market activity. Meanwhile, Hershey (HSY) saw a 0.50% increase, marking its second consecutive day of gains, with a total increase of 2.15% over the past two days.

On March 24, 2025, Morgan Stanley initiated coverage of Hershey (HSY) with an Equal-Weight recommendation. This move by Morgan Stanley could influence investor sentiment and potentially impact the stock's performance in the coming days. The Equal-Weight rating suggests that Morgan Stanley views Hershey as a stock that is likely to perform in line with the broader market, rather than significantly outperforming or underperforming it.

Hershey's projected annual revenue is 12,063 million, reflecting a 7.68% increase. The projected annual non-GAAP EPS is 10.92. These financial projections indicate a positive outlook for the company, which could attract investors looking for growth opportunities. The average one-year price target for Hershey is 151.19 €/share, with forecasts ranging from a low of 111.54 € to a high of 204.43 €. This price target represents a slight increase of 0.01% from its latest reported closing price of 151.18 €/share.

Hershey Trust holds 54,612K shares, representing 36.95% ownership of the company. Capital International Investors holds 12,460K shares, representing 8.43% ownership. The firm increased its portfolio allocation in HSY by 13.60% over the last quarter. Charles Schwab Investment Management holds 4,635K shares, representing 3.14% ownership. The firm decreased its portfolio allocation in HSY by 28.36% over the last quarter. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,620K shares, representing 3.13% ownership. The firm decreased its portfolio allocation in HSY by 14.06% over the last quarter. AWSHX - WASHINGTON MUTUAL INVESTORS FUND holds 4,145K shares, representing 2.80% ownership. The firm increased its portfolio allocation in HSY by 22.25% over the last quarter.