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
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
71% more call options, than puts
Call options by funds: $46.4M | Put options by funds: $27.1M
0.23% less ownership
Funds ownership: 41.95% [Q4 2024] → 41.73% (-0.23%) [Q1 2025]
2% less capital invested
Capital invested by funds: $7.22B [Q4 2024] → $7.1B (-$125M) [Q1 2025]
5% less first-time investments, than exits
New positions opened: 80 | Existing positions closed: 84
9% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 230
2% less funds holding
Funds holding: 635 [Q4 2024] → 623 (-12) [Q1 2025]
40% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 3 (-2) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stephens & Co. Pooran Sharma | 1%upside $31 | Equal-Weight Reiterated | 22 May 2025 |
B of A Securities | 14%upside $35 | Neutral Upgraded | 15 Apr 2025 |
Financial journalist opinion
Based on 25 articles about HRL published over the past 30 days









