Hormel Foods
About: Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
Employees: 20,000
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
41% more call options, than puts
Call options by funds: $69.5M | Put options by funds: $49.4M
39% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 71
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
12% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 212
3% more funds holding
Funds holding: 614 [Q3] → 632 (+18) [Q4]
2.32% more ownership
Funds ownership: 39.62% [Q3] → 41.94% (+2.32%) [Q4]
5% more capital invested
Capital invested by funds: $6.88B [Q3] → $7.22B (+$336M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$31
1%
upside
Avg. target
$34
11%
upside
High target
$36
18%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
B of A Securities | 14%upside $35 | Neutral Upgraded | 15 Apr 2025 |
Stephens & Co. Pooran Sharma 0% 1-year accuracy 0 / 3 met price target | 1%upside $31 | Equal-Weight Reiterated | 18 Feb 2025 |
Barclays Benjamin Theurer 47% 1-year accuracy 16 / 34 met price target | 18%upside $36 | Overweight Upgraded | 22 Jan 2025 |
Financial journalist opinion
Based on 12 articles about HRL published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Top Ag Tech & Food Innovation Stocks to Boost Your Portfolio
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Neutral
PRNewsWire
1 week ago
Hormel Foods Announces Leadership Change in Supply Chain
AUSTIN, Minn. , April 7, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Steve Lykken, group vice president of supply chain, will be leaving the company to pursue another opportunity.
Positive
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Positive
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Positive
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Positive
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Neutral
PRNewsWire
3 weeks ago
Pizza Experts at Hormel Foods Unveil 2025 Trends Forecast
Spicy flavors, regional varieties and homestyle ingredients are increasingly popular as pizza enthusiasts seek novelty, nostalgia AUSTIN, Minn. , March 27, 2025 /PRNewswire/ -- Straight from the sizzling scene of the 2025 International Pizza Expo in Las Vegas, Hormel Foods — maker of the best-selling retail pepperoni in the United States and a market leader in foodservice pizza toppings — is dishing out its freshest take on the pizza industry's hottest trends.
Positive
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Neutral
PRNewsWire
3 weeks ago
Hormel Foods Corporation Declares Quarterly Dividend
AUSTIN, Minn. , March 24, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by the Board of Directors at 29.00 cents ($0.2900) a share on March 24, 2025, will be paid May 15, 2025, to stockholders of record at the close of business on April 14, 2025.
Positive
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