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 7,363 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
41% more call options, than puts
Call options by funds: $69.5M | Put options by funds: $49.4M
37% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 71
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 214
2% more funds holding
Funds holding: 615 [Q3] → 630 (+15) [Q4]
2.06% more ownership
Funds ownership: 39.88% [Q3] → 41.94% (+2.06%) [Q4]
4% more capital invested
Capital invested by funds: $6.93B [Q3] → $7.22B (+$292M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$31
2%
upside
Avg. target
$34
11%
upside
High target
$36
19%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Stephens & Co. Pooran Sharma 33% 1-year accuracy 1 / 3 met price target | 2%upside $31 | Equal-Weight Reiterated | 18 Feb 2025 |
Barclays Benjamin Theurer 47% 1-year accuracy 16 / 34 met price target | 19%upside $36 | Overweight Upgraded | 22 Jan 2025 |
Financial journalist opinion
Based on 19 articles about HRL published over the past 30 days
Neutral
PRNewsWire
14 hours ago
From Icon to Movie Star - MR. PEANUT® Joins the Cast of The Electric State, On Netflix Friday, March 14
AUSTIN, Minn. , March 10, 2025 /PRNewswire/ -- In a captivating new chapter, MR.
Positive
Seeking Alpha
4 days ago
10 Dividend Aristocrat Bargains To Help You SWAN During This Trade War Turmoil
The trade war is causing market volatility, with stocks falling and bonds performing well as investors seek hedges against economic slowdown fears. Dividend aristocrats, particularly low-volatility, defensive ones, offer a stable investment strategy during trade war turmoil. They provide dependable income and lower downside risk. The recommended 10 low volatility dividend aristocrats include Johnson & Johnson, PepsiCo, and Kimberly-Clark, offering a 4% yield and strong long-term return potential.
Neutral
PRNewsWire
5 days ago
Hormel Foods unveils FONTANINI® Hot Honey Sliced Sausage as the Popularity of Hot Honey on Pizza Continues to Soar
The Foodservice division at Hormel Foods is 'taking heat somewhere sweet' with the launch of its latest trend-forward topping, which debuts at International Pizza Expo later this month AUSTIN, Minn. , March 5, 2025 /PRNewswire/ -- Hot honey has long been a relevant talking point for pizzaiolos, as more and more pizza establishments are incorporating hot honey into their menus and offerings.
Positive
Seeking Alpha
1 week ago
My Best Dividend Aristocrats For March 2025
The ProShares S&P 500 Dividend Aristocrat ETF kicks off 2025 on a bright note with a gain of 2.81% in January. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 43 months of tracking these strategies, one strategy is generating a CAGR superior to NOBL.
Neutral
Seeking Alpha
1 week ago
Hormel Foods Corporation (HRL) Q1 2025 Earnings Call Transcript
Hormel Foods Corporation (NYSE:HRL ) Q1 2025 Earnings Conference Call February 27, 2025 9:30 AM ET Company Participants Jess Blomberg - Director of Investor Relations Jim Snee - President and Chief Executive Officer Jacinth Smiley - Executive Vice President and Chief Financial Officer John Ghingo - Executive Vice President, Retail Segment Conference Call Participants Peter Galbo - Bank of America Ken Goldman - JPMorgan Heather Jones - Heather Jones Research Rupesh Parikh - Oppenheimer Ben Thurber - Barclays Thomas Palmer - Citi Michael Lavery - Piper Sandler Pooran Sharma - Stephens Max Gumport - BNP Operator Good morning, ladies and gentlemen, and welcome to the Hormel's Foods Corporation First Quarter Earnings Conference Call. [Operator Instructions] This call is being recorded on Thursday, February 27, 2025.
Negative
Zacks Investment Research
1 week ago
Hormel Foods Q1 Earnings Miss Estimates, Sales Decline on Weak Volumes
HRL's first-quarter fiscal 2025 results reflect a year-over-year decline in net sales and earnings. Volumes fall 4.2%.
Positive
Zacks Investment Research
1 week ago
Hormel (HRL) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Hormel (HRL) give a sense of how its business performed in the quarter ended January 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Seeking Alpha
1 week ago
Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group and Hormel Foods, are currently fair-priced, with dividends meeting or exceeding their single-share prices. Analysts predict net gains between 15% and 45.53% for the top-ten Dividend Kings by February 2026, based on target prices.
Negative
Zacks Investment Research
1 week ago
Hormel Foods (HRL) Misses Q1 Earnings Estimates
Hormel Foods (HRL) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.41 per share a year ago.
Negative
Reuters
1 week ago
Hormel Foods misses quarterly profit estimates on higher input costs
Skippy peanut butter maker Hormel Foods on Thursday missed first-quarter profit estimates, hurt by higher input costs and the persistent effects of a supply issue at its Planters brand's distribution facility from last year.
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