Hormel Foods Corporation (NYSE:HRL) Stock Has Average Target Price of $26.14 According to Brokerages

Posted by Geri Gentry on Sep 25th, 2026

Hormel Foods Corporation (NYSE:HRL – Get Free Report) has been assigned an average rating of “Hold” from the nine analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $26.14.

HRL has been the topic of a number of research reports. Stephens set a $23.00 target price on shares of Hormel Foods in a research note on Friday, August 28th. BNP Paribas Exane lowered their price objective on shares of Hormel Foods from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, August 28th. Bank of America lifted their price objective on Hormel Foods from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, June 30th. JPMorgan Chase & Co. upped their target price on Hormel Foods from $25.00 to $26.00 and gave the stock a “neutral” rating in a report on Friday, August 14th. Finally, Weiss Ratings lowered Hormel Foods from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, August 28th.

Get Our Latest Report on HRL

Insider Buying and Selling at Hormel Foods

In related news, Director Gary C. Bhojwani sold 20,200 shares of the company’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $24.51, for a total value of $495,102.00. Following the sale, the director directly owned 32,002 shares of the company’s stock, valued at $784,369.02. This represents a 38.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.58% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Hormel Foods

Several institutional investors and hedge funds have recently added to or reduced their stakes in HRL. Raiffeisen Bank International AG increased its stake in shares of Hormel Foods by 90.7% in the 2nd quarter. Raiffeisen Bank International AG now owns 986 shares of the company’s stock worth $26,000 after acquiring an additional 469 shares in the last quarter. Fiduciary Financial Advisors purchased a new position in Hormel Foods during the 2nd quarter valued at about $29,000. EverSource Wealth Advisors LLC boosted its stake in Hormel Foods by 57.5% during the first quarter. EverSource Wealth Advisors LLC now owns 1,455 shares of the company’s stock worth $33,000 after acquiring an additional 531 shares in the last quarter. Root Financial Partners LLC boosted its stake in Hormel Foods by 149.2% during the first quarter. Root Financial Partners LLC now owns 1,495 shares of the company’s stock worth $34,000 after acquiring an additional 895 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in Hormel Foods in the second quarter worth about $37,000. Hedge funds and other institutional investors own 40.99% of the company’s stock.

Hormel Foods Price Performance

Shares of Hormel Foods stock opened at $19.80 on Tuesday. The business has a 50 day moving average of $23.23 and a 200 day moving average of $22.90. Hormel Foods has a 52 week low of $19.69 and a 52 week high of $26.60. The company has a market cap of $10.90 billion, a PE ratio of 31.43, a P/E/G ratio of 2.39 and a beta of 0.33. The company has a quick ratio of 0.92, a current ratio of 1.88 and a debt-to-equity ratio of 0.30.

Hormel Foods (NYSE:HRL – Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.02. Hormel Foods had a net margin of 2.82% and a return on equity of 9.91%. The business had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $3.03 billion. During the same quarter in the previous year, the business posted $0.35 earnings per share. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. Hormel Foods has set its FY 2026 guidance at 1.450-1.510 EPS. As a group, equities research analysts forecast that Hormel Foods will post 1.49 earnings per share for the current year.

About Hormel Foods

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Hormel Foods Corporation (NYSE: HRL) is a global food company that develops, produces and markets branded meat, prepared foods and other grocery products. Its portfolio includes SPAM luncheon meat, Hormel pepperoni, Hormel Compleats meals, Jennie-O turkey products, Applegate natural and organic foods, Columbus deli meats and Planters snack products.

The company sells products through retail grocery channels, foodservice operations and international markets. Its offerings are used by consumers, restaurants, schools, hospitals and other institutional customers, with products distributed across the United States and in selected markets worldwide.

Founded in 1891 by George A.