Hormel Foods Corporation (NYSE:HRL) Stock Rated “Hold” by Sell-Side Analysts

Posted by Brenda Bartman on Nov 11th, 2026

Hormel Foods Corporation (NYSE:HRL – Get Free Report) has been given an average recommendation of “Hold” by the eight research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $25.43.

Several research analysts recently commented on the stock. JPMorgan Chase & Co. raised their price target on shares of Hormel Foods from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, August 14th. Barclays reiterated an “overweight” rating and set a $28.00 price objective (down from $30.00) on shares of Hormel Foods in a report on Wednesday, October 14th. BNP Paribas Exane reissued a “neutral” rating and issued a $23.00 price objective (down from $26.00) on shares of Hormel Foods in a research report on Wednesday, October 7th. Piper Sandler restated a “neutral” rating on shares of Hormel Foods in a research note on Tuesday, October 6th. Finally, Stephens set a $23.00 target price on shares of Hormel Foods in a research note on Friday, August 28th.

Check Out Our Latest Stock Report on HRL

Hormel Foods Stock Performance

HRL stock opened at $22.18 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 1.88 and a debt-to-equity ratio of 0.30. The business’s fifty day simple moving average is $20.70 and its two-hundred day simple moving average is $22.78. Hormel Foods has a twelve month low of $18.96 and a twelve month high of $26.60. The firm has a market cap of $12.21 billion, a price-to-earnings ratio of 35.21, a PEG ratio of 2.53 and a beta of 0.27.

Hormel Foods (NYSE:HRL – Get Free Report) last released its earnings results on Wednesday, August 26th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.02. The business had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.03 billion. Hormel Foods had a return on equity of 9.91% and a net margin of 2.82%. The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period last year, the company earned $0.35 earnings per share. Analysts predict that Hormel Foods will post 1.48 earnings per share for the current year.

Hormel Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Tuesday, October 13th will be paid a dividend of $0.2925 per share. This represents a $1.17 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Tuesday, October 13th. Hormel Foods’s payout ratio is currently 185.71%.

Insider Activity

In other news, Chairman William A. Newlands purchased 10,000 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was purchased at an average price of $20.10 per share, for a total transaction of $201,000.00. Following the completion of the acquisition, the chairman owned 76,375 shares of the company’s stock, valued at approximately $1,535,137.50. This trade represents a 15.07% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.58% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in Hormel Foods during the 2nd quarter valued at $489,092,000. Bank of America Corp DE purchased a new stake in shares of Hormel Foods in the 2nd quarter worth $51,787,000. Epoch Investment Partners Inc. bought a new position in shares of Hormel Foods during the 1st quarter worth $44,733,000. Bank of New York Mellon Corp bought a new position in shares of Hormel Foods during the 2nd quarter worth $36,876,000. Finally, Deutsche Bank AG bought a new position in shares of Hormel Foods during the 2nd quarter worth $32,446,000. 40.99% of the stock is currently owned by hedge funds and other institutional investors.

About Hormel Foods

(Get Free Report)

Hormel Foods Corporation is a branded food company that produces and markets meat and other food products for retail, foodservice and other customers. Its offerings include pork, turkey and other meat products, as well as refrigerated and shelf-stable foods. The company’s brands include Hormel, SPAM, Jennie-O, Skippy, Applegate and Planters. Its products are sold in the United States and in international markets. Founded in 1891 by George A. Hormel in Austin, Minnesota, the company has grown from a local meatpacking business into a diversified food producer.