Hormel Foods Corporation $HRL Shares Acquired by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG has significantly increased its holdings in Hormel Foods Corporation by 895.9%, with total shares now amounting to 67,610 valued at approximately $2.09 million.
• Analysts have varied opinions on Hormel Foods, with recent target price adjustments ranging from $30.00 to $34.00, indicating a generally "Moderate Buy" rating with eight analysts recommending the stock.
• In its most recent earnings release, Hormel Foods reported $0.35 EPS, falling short of analyst expectations, while maintaining revenue growth of 4.6% year-over-year.

B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Hormel Foods Corporation (NYSE:HRL - Free Report) by 895.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,610 shares of the company's stock after acquiring an additional 60,821 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Hormel Foods were worth $2,092,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in Hormel Foods during the first quarter worth about $37,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Hormel Foods during the first quarter worth about $38,000. Riverview Trust Co grew its holdings in shares of Hormel Foods by 183.8% during the first quarter. Riverview Trust Co now owns 1,572 shares of the company's stock worth $49,000 after buying an additional 1,018 shares in the last quarter. YANKCOM Partnership grew its holdings in shares of Hormel Foods by 18.5% during the first quarter. YANKCOM Partnership now owns 3,081 shares of the company's stock worth $95,000 after buying an additional 480 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of Hormel Foods by 34.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 3,187 shares of the company's stock worth $99,000 after buying an additional 816 shares in the last quarter. Institutional investors and hedge funds own 40.99% of the company's stock.

Hormel Foods Trading Down 0.4%

HRL traded down $0.11 during trading on Thursday, hitting $25.25. 3,889,414 shares of the company's stock were exchanged, compared to its average volume of 4,451,133. The company has a current ratio of 2.47, a quick ratio of 1.12 and a debt-to-equity ratio of 0.35. Hormel Foods Corporation has a 1 year low of $23.71 and a 1 year high of $33.80. The stock has a 50 day moving average price of $28.82 and a 200 day moving average price of $29.53. The firm has a market cap of $13.88 billion, a P/E ratio of 18.43, a price-to-earnings-growth ratio of 5.64 and a beta of 0.31.

Hormel Foods (NYSE:HRL - Get Free Report) last released its quarterly earnings data 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 analysts' expectations of $2.98 billion. During the same quarter in the prior year, the firm earned $0.37 earnings per share. Hormel Foods's quarterly revenue was up 4.6% compared to the same quarter last year. Hormel Foods has set its Q4 2025 guidance at 0.380-0.400 EPS. FY 2025 guidance at 1.430-1.450 EPS. As a group, analysts expect that Hormel Foods Corporation will post 1.65 EPS for the current fiscal year.

Analysts Set New Price Targets

HRL has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their price target on shares of Hormel Foods from $34.00 to $30.00 and set an "overweight" rating for the company in a report on Friday, August 29th. Zacks Research downgraded shares of Hormel Foods from a "hold" rating to a "strong sell" rating in a report on Friday, August 29th. Bank of America lowered their price target on shares of Hormel Foods from $35.00 to $28.00 and set a "neutral" rating for the company in a report on Friday, August 29th. BNP Paribas upgraded shares of Hormel Foods from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 27th. Finally, Stephens reiterated an "equal weight" rating and set a $31.00 price target on shares of Hormel Foods in a report on Thursday, May 22nd. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $30.88.

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.