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% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 80
0.24% less ownership
Funds ownership: 41.96% [Q4 2024] → 41.72% (-0.24%) [Q1 2025]
2% less capital invested
Capital invested by funds: $7.22B [Q4 2024] → $7.1B (-$126M) [Q1 2025]
2% less funds holding
Funds holding: 634 [Q4 2024] → 622 (-12) [Q1 2025]
10% less repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 231
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 | 6%upside $31 | Equal-Weight Reiterated | 22 May 2025 |
B of A Securities | 19%upside $35 | Neutral Upgraded | 15 Apr 2025 |
Financial journalist opinion
Based on 15 articles about HRL published over the past 30 days









