Sivia Capital Partners LLC Makes New $727,000 Investment in Hormel Foods Corporation $HRL

Posted by Francis Steltz on Aug 14th, 2026

Sivia Capital Partners LLC bought a new stake in shares of Hormel Foods Corporation (NYSE:HRL – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 29,294 shares of the company’s stock, valued at approximately $727,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of HRL. Invesco Ltd. lifted its holdings in shares of Hormel Foods by 66.5% during the 3rd quarter. Invesco Ltd. now owns 11,331,941 shares of the company’s stock valued at $280,352,000 after buying an additional 4,526,167 shares during the period. Norges Bank bought a new stake in shares of Hormel Foods in the fourth quarter worth $85,840,000. Epoch Investment Partners Inc. purchased a new stake in Hormel Foods during the first quarter valued at $44,733,000. Freestone Grove Partners LP purchased a new stake in Hormel Foods during the fourth quarter valued at $43,340,000. Finally, Two Sigma Investments LP lifted its holdings in Hormel Foods by 126.2% in the third quarter. Two Sigma Investments LP now owns 3,174,553 shares of the company’s stock valued at $78,538,000 after acquiring an additional 1,770,852 shares during the period. 40.99% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. The Goldman Sachs Group set a $25.00 target price on Hormel Foods in a research report on Thursday, May 21st. Stephens reaffirmed an “equal weight” rating and set a $25.00 price target on shares of Hormel Foods in a research report on Thursday, July 9th. BNP Paribas Exane increased their price objective on shares of Hormel Foods from $26.00 to $27.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Weiss Ratings raised shares of Hormel Foods from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Finally, Bank of America boosted their target price on shares of Hormel Foods from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, June 30th. Two investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $26.14.

Check Out Our Latest Stock Report on Hormel Foods

Insider Activity

In related news, Director Gary C. Bhojwani sold 20,200 shares of the stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $24.51, for a total value of $495,102.00. Following the completion of the sale, the director directly owned 32,002 shares of the company’s stock, valued at approximately $784,369.02. This represents a 38.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.58% of the company’s stock.

Hormel Foods Price Performance

Shares of Hormel Foods stock opened at $24.45 on Friday. The stock has a market cap of $13.45 billion, a P/E ratio of 28.76, a P/E/G ratio of 2.81 and a beta of 0.34. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.97 and a current ratio of 1.94. The stock’s fifty day moving average is $24.90 and its 200 day moving average is $23.46. Hormel Foods Corporation has a one year low of $19.70 and a one year high of $29.34.

Hormel Foods (NYSE:HRL – Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.05. The business had revenue of $2.97 billion during the quarter, compared to analyst estimates of $2.96 billion. Hormel Foods had a return on equity of 9.74% and a net margin of 3.82%.Hormel Foods’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.35 earnings per share. Sell-side analysts anticipate that Hormel Foods Corporation will post 1.5 earnings per share for the current year.

Hormel Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, July 13th will be paid a dividend of $0.2925 per share. The ex-dividend date is Monday, July 13th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.8%. Hormel Foods’s payout ratio is 137.65%.

Hormel Foods Company Profile

(Free Report)

Hormel Foods Corporation is a global branded foods company primarily engaged in the production, marketing and distribution of value-added, high-quality meat and food products. The company’s portfolio spans a range of categories including refrigerated and frozen meats, pantry staples, specialty foods and shelf-stable items. Through manufacturing facilities located across North America and international markets, Hormel Foods supplies retail grocers, foodservice operators, convenience stores and e-commerce platforms.

Among its best-known brands, Hormel Foods produces SPAM® canned meats, Jennie-O® turkey products, Skippy® peanut butter and Applegate® natural and organic meats.