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 7,245 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% 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
Low target
$31
6%
upside
Avg. target
$33
12%
upside
High target
$35
19%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
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
Positive
Seeking Alpha
1 day ago
69 May Aristocrats: Buy 1 Of 38 "Safer" Dividend Dogs
Many S&P 500 Dividend Aristocrats remain overvalued, but select high-yield 'Dogs' like Realty Income and Amcor offer attractive entry points for income investors. Analyst forecasts suggest the top ten Aristocrat Dogs could deliver 16% to 38% net gains by May 2026, with average risk below the market. Caution: Fourteen Aristocrats have negative free cash flow margins, making their dividends less secure despite high yields—focus on 'safer' picks like Hormel.
Neutral
PRNewsWire
2 days ago
The PLANTERS® Brand and Miller High Life® Join Forces to Celebrate Summer's Ultimate Duo with New Limited-Edition Bar Nut Mix
This nutty new creation is the ultimate bar snack, irresistible with a cold one on a hot day. AUSTIN, Minn.
Neutral
PRNewsWire
2 days ago
Hormel Foods Corporation Declares Quarterly Dividend
AUSTIN, Minn. , May 19, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by the Board of Directors at 29.00 cents ($0.29) a share on May 19, 2025, will be paid August 15, 2025, to stockholders of record at the close of business on July 14, 2025.
Neutral
PRNewsWire
6 days ago
Jeff Baker Named Group Vice President for Retail Marketing at Hormel Foods
Baker will assume the role at the end of the fiscal year following the planned retirement of Scott Aakre AUSTIN, Minn. , May 16, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced that Jeff Baker, group vice president of Retail marketing for Value-Added Meats, will assume the role of group vice president for Retail marketing at the end of the company's fiscal 2025.
Neutral
PRNewsWire
6 days ago
Hormel Foods Announces Retirement of Scott Aakre, Group Vice President and Chief Marketing Officer for Retail, Following a Distinguished 35-year career
Aakre extends his service to the company by joining Hormel Foods board of directors AUSTIN, Minn. , May 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced that Scott Aakre, group vice president and chief marketing officer for Retail, will retire at the end of the company's fiscal 2025 after 35 years of distinguished service.
Neutral
PRNewsWire
2 weeks ago
A Kernel Revolution: Discover CORN NUTS® New Partially Popped Corn Kernel Flavors!
In an exciting twist, the makers of the CORN NUTS® brand introduce all-new PartiallyPopped Corn Kernel varieties, set to redefine snacking with irresistible crunch andcraveable flavors AUSTIN, Minn. , May 7, 2025 /PRNewswire/ -- Get ready for a new kind of crunch!
Neutral
PRNewsWire
2 weeks ago
Hormel Foods Corporation to Hold Second Quarter Earnings Conference Call
AUSTIN, Minn. , May 6, 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 second quarter financial results.
Positive
Seeking Alpha
2 weeks ago
Buy 3 "Safer" Dividend Kings Of 25 From May's 55
The May collection of Dividend Kings grew to 55, with Automatic Data Processing and RLI Corporation joining, despite two companies dropping off for not increasing dividends. Six top-yield Dividend Kings, including Altria and Canadian Utilities, are now fairly priced, with annual dividends from $1K investments exceeding their single-share prices. Analysts predict net gains of 14.7% to 56.86% for the top ten Dividend Kings by yield for the coming year, based on target prices. Among the 55 Dividend Kings, 16 show negative free cash flow margins, making them cash-poor and unsafe for investment.
Positive
The Motley Fool
2 weeks ago
3 Monster Dividend Stocks to Hold for the Next 10 Years
If you are looking for dividend stocks in today's market, you need to be selective. Given that the average stock in the S&P 500 (^GSPC -0.64%) is offering a paltry 1.3% yield, you can easily find higher-yielding investments.
Neutral
The Motley Fool
3 weeks ago
1 Dividend Growth Stock Down 45% to Buy Right Now
Share prices of Coca-Cola (KO 0.35%) have risen around 15% so far in 2025 as the S&P 500 index has fallen. Hormel Foods' (HRL 0.93%) stock price has dropped along with the broader market.
Charts implemented using Lightweight Charts™