Inside the research

Hormel Foods Corporation

HRL Research profile · latest available data

Price overview

$19.71

▼ -0.13 (-0.7%)

52w hi$26.20
52w lo$19.51
Vol4.42M
As of25 Sep 2026

The Verdict

Hold

Our score -0.45

Short-0.28
Medium-0.53
Long-0.64

computed 2026-09-27

Key fundamentals

Hormel Foods Corporation

Consumer Defensive · Packaged Foods

Market cap$10.85B
Enterprise value$12.85B
Trailing P/E31.79x
Forward P/E12.69x
EV / EBITDA10.16x
P / S (ttm)0.89x
Profit margin2.8%
Return on equity4.3%
Revenue growth-2.4%
Earnings growth-67.2%
Debt / equity36.33

Layer Breakdown

LayerRawContribution
Fundamental+0.03
Sector-0.01
Technical-0.29
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International. The company provides perishable products, including fresh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole, and other items that require refrigeration, as well as shelf-stable products, such as canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, and other items that do not require refrigeration. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

United States · www.hormelfoods.com

Risk Metrics

Beta vs SPX0.04
Corr SPX0.02
Annual vol26.9%
Annual ret-20.2%
Sharpe-0.75
Max DD-41.3%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$26.75
High / Low$30.00 / $23.00
Median$27.00
Analysts8
Strong Buy2
Buy1
Hold7
Sell0
Strong Sell0

Recent rating actions

2026-04-09JP Morgan→ Neutral
2026-02-27Stephens & Co.→ Equal-Weight
2026-02-11Stephens & Co.→ Equal-Weight
2025-12-09Barclays→ Overweight
2025-12-05Piper Sandler→ Neutral
2025-12-05JP Morgan→ Overweight

Material Events

DateEvent8-K
2026-07-28Officer / Director Changeread
2026-06-12Officer / Director Change, Exhibitsread
2026-05-28Earnings Release, Exhibitsread
2026-02-26Earnings Release, Exhibitsread
2026-02-18Earnings Release, Exhibitsread
2026-02-02Officer / Director Change, Shareholder Vote…read
2025-12-04Earnings Release, Exhibitsread
2025-11-04Restructuring, Reg FD Disclosure…read
2025-10-29Earnings Release, Officer / Director Change…read
2025-08-28Earnings Release, Exhibitsread
2025-06-23Officer / Director Changeread
2025-05-29Earnings Release, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-07-08Bhojwani Gary C.Sell20.20K$495.16K
2026-06-09Bonifant William W.GVP, Chief Supply Chain OGrant5.73K—
2026-06-09Borrelli DomenicEVP, RetailGrant8.34K—
2026-04-27Aakre D ScottWithheld for tax1.72K$36.97K
2026-04-14Bonifant William W.GVP, Chief Supply Chain OGrant12.04K—
2026-03-31Schoneman Debbra L.Grant1.33K$30.19K
2026-03-31Bhojwani Gary C.Grant2.67K$60.37K
2026-03-31Newlands William AGrant6.72K$152.25K
2026-03-31White Steven AndrewGrant2.67K$60.37K
2026-03-31Policinski Christopher J.Grant2.49K$56.44K

Flow & Concentration

Insider 180d net-$495.16K
Insider buys / sells0 / 1
Insider biasNeutral
13F holders8
Top-5 share99.6%
HHI6,495 (concentrated)

Top Holders

HolderValueShares
State Street Corp$642.03M25.87M
Capital Research / Capital World$55.50M2.24M
Citadel Advisors$41.96M1.69M
Millennium Management$34.66M1.40M
AQR Capital Management$25.95M1.05M
Fidelity / FMR LLC$1.91M76.83K
Bridgewater Associates$1.05M42.16K
T. Rowe Price Group$10.90K439.02K

As of 2026-06-30

Dividends

Yield (TTM)4.44%
$ / share (TTM)$0.88
5y CAGR+4.5%

Annual dividend per share

2021$0.98
2022$1.04
2023$1.10
2024$1.13
2025$1.16
2026$0.59

SEC Filings

DateFormDoc
2026-07-288-Kview
2026-07-104view
2026-06-128-Kview
2026-06-114view
2026-06-114view
2026-06-0911-Kview
2026-06-0911-Kview
2026-06-0911-Kview
2026-06-0911-Kview
2026-05-2810-Qview
2026-05-288-Kview
2026-04-294view
2026-04-164view
2026-04-024view
2026-04-024view

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$2.28B-14.0%
Gross profit$1.89B+3.7%
Operating income$718.60M-2.6%
Net income$793.57M+5.1%
Cash from ops$1.27B+18.7%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$19.82$19.96$19.42$19.714.42M
Sep 24$20.09$20.21$19.69$19.843.96M
Sep 23$20.33$20.63$19.84$19.924.59M
Sep 22$20.67$20.72$20.30$20.333.55M
Sep 21$20.77$20.84$20.45$20.465.28M

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