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 7,139 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
33% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 69
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: 233 | Existing positions reduced: 211
1.91% more ownership
Funds ownership: 39.93% [Q3] → 41.84% (+1.91%) [Q4]
4% more capital invested
Capital invested by funds: $6.94B [Q3] → $7.21B (+$268M) [Q4]
0% more funds holding
Funds holding: 615 [Q3] → 618 (+3) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$31
5%
upside
Avg. target
$34
13%
upside
High target
$36
21%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Stephens & Co. Pooran Sharma 100% 1-year accuracy 3 / 3 met price target | 5%upside $31 | Equal-Weight Reiterated | 18 Feb 2025 |
Barclays Benjamin Theurer 42% 1-year accuracy 14 / 33 met price target | 21%upside $36 | Overweight Upgraded | 22 Jan 2025 |
Financial journalist opinion
Based on 14 articles about HRL published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Hormel Foods (HRL) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Hormel (HRL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
1 week ago
Hormel: Worth Considering At A 4% Yield (Rating Upgrade)
I am upgrading Hormel Foods from a sell to a hold after a 35% decline over 27 months, despite ongoing market challenges. Hormel's dividend yield has climbed above 4%, supported by sufficient free cash flow, though valuation remains unappealing with modest EPS growth expected. Key risks include volatility in turkey and pork markets, geopolitical risks, and ongoing issues with the Planters brand, despite increased advertising investments.
Positive
Seeking Alpha
1 week ago
Buy 2 February S&P 500 Dividend Aristocrats Out Of 38 'Safer'
Five of the ten lowest-priced Dividend Aristocrats - Franklin Resources, Realty Income, Amcor, Hormel, and Kenvue - are recommended buys, offering dividends exceeding their single share prices. Analysts project net gains of 15.84% to 46.98% by February 2025 for the Top Ten Aristocrat Dogs, with an average gain of 21.63%. Ten Aristocrats show negative free cash flow margins, making them unsafe buys; Federal Realty, Kenvue, and PepsiCo are among them.
Neutral
PRNewsWire
2 weeks ago
Turn Up the Flavor with the New HORMEL GATHERINGS® Bold and Spicy Tray
Jalapeño pepperoni and spicy salami are bringing the heat in the all-new HORMEL GATHERINGS® Bold and Spicy Tray AUSTIN, Minn. , Feb. 6, 2025 /PRNewswire/ -- The makers of the HORMEL GATHERINGS® brand are turning up the heat with the launch of their latest innovation – the HORMEL GATHERINGS ® Bold and Spicy Tray.
Neutral
PRNewsWire
2 weeks ago
HORMEL® PEPPERONI IS SPREADING THE LOVE THIS VALENTINE'S DAY WITH LIMITED EDITION HEART-TO-HEART PIZZA KITS
The first come first serve kits feature the brand's first-ever heart-shaped pepperonis and everything you need to satisfy a romantic's taste for love AUSTIN, Minn. , Feb. 4, 2025 /PRNewswire/ -- Roses are red, and pepperonis are too; this Valentine's Day, the makers of HORMEL® Pepperoni are bringing dinner to you.
Neutral
PRNewsWire
2 weeks ago
Hormel Foods Corporation to Hold First Quarter Earnings Conference Call
AUSTIN, Minn. , Feb. 4, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and John Ghingo, executive vice president, Retail; to discuss the Company's first quarter financial results.
Neutral
PRNewsWire
2 weeks ago
Hormel Foods Announces Sales Executive Moves in Foodservice and Retail
Lynn Egner to assume the role of Vice President of Foodservice sales Natosha Walsh moves to V ice President of Retail sales – West AUSTIN, Minn. , Feb. 3, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced sales executive moves for its Retail and Foodservice business segments.
Positive
Seeking Alpha
3 weeks ago
Buy And Sleep Well: 10 High‐Yield Dividend Aristocrats For A Record‐High Stock Market
The market's recent volatility highlights the irrationality of short-term movements, making high-yield dividend aristocrats attractive for stable, long-term returns. High-yield aristocrats offer an average yield of 5.3%, significantly higher than the S&P and other high-yield ETFs. They also have solid growth prospects. These top 10 aristocrats are undervalued by 18%, providing a 29% upside potential within 12 months and 11.9% CAGR long-term returns.
Positive
The Motley Fool
3 weeks ago
3 Dividend Stocks to Double Up on Right Now
Dividends are one of the best sources of passive income you can receive. The good news is that numerous stocks not only pay quarterly dividends but have also steadily increased their payouts over time.
Neutral
PRNewsWire
3 weeks ago
Hormel Foods Announces Retirement of Mark Ourada, Group Vice President, Foodservice, after 37 years of exemplary service and leadership
AUSTIN, Minn. , Jan. 30, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced the upcoming retirement of Mark Ourada, group vice president, Foodservice, following 37 years of dedicated service and leadership.
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