Hormel Foods Corporation (NYSE:HRL) Given Consensus Rating of “Hold” by Brokerages

Posted by Brenda Bartman on May 20th, 2026

Hormel Foods Corporation (NYSE:HRL – Get Free Report) has been assigned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $27.00.

Several research analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Hormel Foods in a research note on Tuesday, April 21st. Stephens increased their price target on Hormel Foods from $25.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Friday, February 27th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $23.00 price target (down from $28.00) on shares of Hormel Foods in a research note on Thursday, April 9th.

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Hormel Foods Stock Up 0.1%

Shares of NYSE:HRL opened at $20.40 on Wednesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.66 and a quick ratio of 1.37. The company has a market capitalization of $11.22 billion, a PE ratio of 22.92, a price-to-earnings-growth ratio of 2.80 and a beta of 0.33. Hormel Foods has a 1 year low of $19.70 and a 1 year high of $31.86. The business has a fifty day moving average price of $21.62 and a two-hundred day moving average price of $22.98.

Hormel Foods (NYSE:HRL – Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.02. The company had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.07 billion. Hormel Foods had a return on equity of 9.38% and a net margin of 4.03%.The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.35 EPS. Hormel Foods has set its FY 2026 guidance at 1.430-1.510 EPS. Analysts forecast that Hormel Foods will post 1.41 earnings per share for the current year.

Hormel Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders 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 annualized dividend and a dividend yield of 5.7%. Hormel Foods’s dividend payout ratio is presently 131.46%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Hormel Foods by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 37,595,843 shares of the company’s stock worth $930,121,000 after acquiring an additional 729,942 shares during the period. State Street Corp lifted its holdings in Hormel Foods by 1.0% during the 3rd quarter. State Street Corp now owns 28,338,645 shares of the company’s stock worth $701,098,000 after purchasing an additional 269,941 shares in the last quarter. Invesco Ltd. lifted its holdings in Hormel Foods by 66.5% during the 3rd quarter. Invesco Ltd. now owns 11,331,941 shares of the company’s stock worth $280,352,000 after purchasing an additional 4,526,167 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Hormel Foods by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 8,080,832 shares of the company’s stock worth $190,805,000 after purchasing an additional 63,583 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Hormel Foods by 2.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,849,174 shares of the company’s stock worth $155,152,000 after purchasing an additional 134,983 shares in the last quarter. Institutional investors own 40.99% of the company’s stock.

About Hormel Foods

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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.