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 7,312 funds
–
Analysts bullish %
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
0.16% less ownership
Funds ownership: 41.95% [Q4 2024] → 41.79% (-0.16%) [Q1 2025]
2% less capital invested
Capital invested by funds: $7.22B [Q4 2024] → $7.11B (-$113M) [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: 210 | Existing positions reduced: 230
2% less funds holding
Funds holding: 635 [Q4 2024] → 624 (-11) [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
Low target
$31
2%
upside
Avg. target
$33
8%
upside
High target
$35
15%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Stephens & Co. Pooran Sharma | 2%upside $31 | Equal-Weight Reiterated | 22 May 2025 |
B of A Securities | 15%upside $35 | Neutral Upgraded | 15 Apr 2025 |
Financial journalist opinion
Based on 15 articles about HRL published over the past 30 days
Positive
Zacks Investment Research
2 days ago
Top Ag Tech & Food Innovation Stocks to Strengthen Your Portfolio
BYND, HRL and TSN are transforming food with AgTech, from lab-grown meat to smart farming and plant-based proteins.
Positive
The Motley Fool
3 days ago
2 Magnificent S&P 500 Dividend Stocks Down as Much as 40% to Buy and Hold Forever
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Positive
Seeking Alpha
4 days ago
Hormel Foods For Strong Total Return And A Rising Dividend
Hormel is a defensive, dividend-growth stock with a 3.8% yield and 59 years of consecutive dividend increases, ideal for reliable, rising income. Its strong brands, global distribution, and resilient earnings—even during recessions—make Hormel a core holding for income-focused portfolios. Recent results show stable earnings and cost controls; free cash flow and a strong balance sheet support ongoing dividend growth and strategic flexibility.
Neutral
Business Wire
4 days ago
CORRECTING and REPLACING: CINNAMON TOAST CRUNCH™ and HORMEL® BLACK LABEL® Bacon Bring the Cinnamon Sizzle to Breakfast with New Limited-Edition Cereal
MINNEAPOLIS--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: CINNAMON TOAST CRUNCH™ AND HORMEL® BLACK LABEL® BACON BRING THE CINNAMON SIZZLE TO BREAKFAST WITH NEW LIMITED-EDITION CEREAL The breakfast duo is back with a new twist that merges cinnamon goodness with savory bacon flavors all in one bowl Bold taste meets breakfast tradition as CINNAMON TOAST CRUNCH™ and HORMEL® BLACK LABEL® bacon reunite for anoth.
Neutral
Business Wire
4 days ago
Cinnamon Toast Crunch and HORMEL® BLACK LABEL® Bacon Bring the Cinnamon Sizzle to Breakfast with New Limited-Edition Cereal
MINNEAPOLIS--(BUSINESS WIRE)--Bold taste meets breakfast traditions as Cinnamon Toast Crunch and HORMEL® BLACK LABEL® bacon reunite for another irresistible flavor combination: Cinnamon Toast Crunch Bacon Flavored Cereal.* Following last year's buzzworthy debut of the HORMEL® BLACK LABEL® CINNAMON TOAST CRUNCH™ Flavored Thick Cut Bacon, this sizzling sequel is flipping the script at the breakfast table. Infused with Hormel's smoky flavor and blasted with Cinnamon Toast Crunch's signature Cinnad.
Neutral
PRNewsWire
1 week ago
COLUMBUS® Craft Meats Expands Deli Portfolio with First Standalone Pepperoni Product
New uncured pepperoni developed in response to consumer demand for premium, versatile deli meats AUSTIN, Minn. , July 1, 2025 /PRNewswire/ -- COLUMBUS® Craft Meats, a leading brand in premium salumi, has launched its first standalone pepperoni deli product: COLUMBUS® Uncured Pepperoni.
Positive
Seeking Alpha
2 weeks ago
Best Dividend Kings: June 2025
Dividend Kings have underperformed the S&P 500 year-to-date, but 26 are outperforming SPY in 2025, with 32 posting positive returns. Dividend growth remains healthy, with four recent increases and a collective 2025 growth rate of 5.19%, despite some downward earnings revisions. Seventeen Dividend Kings appear undervalued and offer long-term annualized expected returns of at least 10%, based on Dividend Yield Theory analysis.
Neutral
Investopedia
2 weeks ago
Hormel Taps Former CEO Jeffrey Ettinger to Return in Interim Role
Former Hormel Foods (HRL) CEO Jeffrey Ettinger is returning to the role in an interim capacity starting in July, the company said Monday.
Neutral
PRNewsWire
2 weeks ago
Hormel Foods Announces Elevation of John Ghingo to President; Jeffrey M. Ettinger to Serve as Interim Chief Executive Officer
Ghingo will join Hormel Foods' board of directors Ettinger's role to conclude after 15 months AUSTIN, Minn. , June 23, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that John Ghingo will be promoted to the role of president, becoming the 11th person to hold the position in the company's nearly 135-year history.
Positive
The Motley Fool
2 weeks ago
3 No-Brainer Consumer Goods Dividend Stocks to Buy Right Now
I like consumer goods stocks, particularly those with a focus on providing me access to companies that support the everyday purchases of everyday people. A lot of companies fall into this broad grouping, but three of my top picks right now are Realty Income (O -0.69%), which needs a bit of explaining, Hormel Foods (HRL 0.75%), and Hershey (HSY 1.17%).
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