Advisory Alpha LLC Boosts Stake in Hormel Foods Corporation $HRL

Advisory Alpha LLC raised its holdings in Hormel Foods Corporation (NYSE:HRL) by 9.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,672 shares of the company’s stock after purchasing an additional 1,534 shares during the quarter. Advisory Alpha LLC’s holdings in Hormel Foods were worth $535,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of HRL. Cromwell Holdings LLC grew its stake in shares of Hormel Foods by 162.7% in the second quarter. Cromwell Holdings LLC now owns 1,001 shares of the company’s stock valued at $30,000 after buying an additional 620 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Hormel Foods in the first quarter valued at $37,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Hormel Foods in the first quarter valued at $38,000. Quarry LP acquired a new stake in shares of Hormel Foods in the first quarter valued at $41,000. Finally, Hoese & Co LLP acquired a new stake in shares of Hormel Foods in the second quarter valued at $91,000. 40.99% of the stock is owned by institutional investors and hedge funds.

Hormel Foods Stock Performance

NYSE HRL opened at $21.50 on Thursday. The company has a current ratio of 2.47, a quick ratio of 1.12 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $24.93 and its two-hundred day moving average is $28.10. Hormel Foods Corporation has a 12-month low of $21.46 and a 12-month high of $33.80. The stock has a market capitalization of $11.82 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 5.27 and a beta of 0.29.

Hormel Foods (NYSE:HRL) last released its earnings results on Thursday, August 28th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.06). Hormel Foods had a return on equity of 10.06% and a net margin of 6.26%.The business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $2.98 billion. During the same quarter in the previous year, the firm posted $0.37 EPS. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. Hormel Foods has set its Q4 2025 guidance at 0.380-0.400 EPS. FY 2025 guidance at 1.430-1.450 EPS. Research analysts expect that Hormel Foods Corporation will post 1.65 EPS for the current year.

Hormel Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Tuesday, October 14th will be given a dividend of $0.29 per share. The ex-dividend date is Tuesday, October 14th. This represents a $1.16 annualized dividend and a yield of 5.4%. Hormel Foods’s payout ratio is presently 84.67%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Zacks Research cut Hormel Foods from a “hold” rating to a “strong sell” rating in a research note on Friday, August 29th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Hormel Foods in a research note on Wednesday, October 8th. Bank of America dropped their price objective on Hormel Foods from $35.00 to $28.00 and set a “neutral” rating for the company in a research note on Friday, August 29th. Barclays reissued an “overweight” rating and set a $34.00 target price (down from $36.00) on shares of Hormel Foods in a research note on Friday, August 29th. Finally, JPMorgan Chase & Co. lowered their target price on Hormel Foods from $34.00 to $30.00 and set an “overweight” rating for the company in a research note on Friday, August 29th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Hormel Foods has a consensus rating of “Hold” and an average target price of $31.29.

Hormel Foods Profile

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others.