Mather Group LLC. Has $14.18 Million Stock Holdings in Hormel Foods Corporation $HRL

Key Points

• Mather Group LLC increased its stake in Hormel Foods by 20% in Q4 to 598,432 shares—about 0.11% of the company—worth roughly $14.18 million.
• Hormel declared a quarterly dividend of $0.2925 (annualized $1.17), giving a 5.1% yield with an ex-dividend date of April 13 and payment on May 15; the payout ratio is 131.46%.
• Q4 results showed EPS $0.34 (beat $0.32) while revenue of $3.03B missed expectations; FY2026 guidance is $1.430–1.510 EPS versus sell-side consensus of 1.65, and analysts' consensus rating is "Hold" with an average target of $27.71.

Mather Group LLC. raised its holdings in shares of Hormel Foods Corporation (NYSE:HRL - Free Report) by 20.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 598,432 shares of the company's stock after acquiring an additional 99,906 shares during the period. Mather Group LLC. owned approximately 0.11% of Hormel Foods worth $14,183,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. GoalVest Advisory LLC bought a new position in shares of Hormel Foods in the 4th quarter worth $25,000. MUFG Securities EMEA plc bought a new stake in Hormel Foods in the second quarter valued at about $26,000. Caldwell Trust Co acquired a new position in Hormel Foods in the second quarter valued at about $30,000. Federated Hermes Inc. acquired a new position in Hormel Foods in the third quarter valued at about $31,000. Finally, Brown Brothers Harriman & Co. boosted its holdings in Hormel Foods by 514.6% during the third quarter. Brown Brothers Harriman & Co. now owns 1,512 shares of the company's stock worth $37,000 after buying an additional 1,266 shares during the last quarter. Institutional investors and hedge funds own 40.99% of the company's stock.

Hormel Foods Trading Down 1.0%

NYSE HRL opened at $22.82 on Friday. The firm has a market cap of $12.56 billion, a P/E ratio of 25.64, a P/E/G ratio of 2.77 and a beta of 0.32. 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 stock's 50-day moving average is $24.08 and its 200-day moving average is $23.79. Hormel Foods Corporation has a one year low of $21.03 and a one year high of $32.07.

Hormel Foods (NYSE:HRL - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. Hormel Foods had a return on equity of 9.38% and a net margin of 4.03%.The business had revenue of $3.03 billion for the quarter, compared to analysts' expectations of $3.07 billion. During the same quarter in the previous year, the business posted $0.35 EPS. Hormel Foods's revenue for the quarter was up 1.3% on a year-over-year basis. Hormel Foods has set its FY 2026 guidance at 1.430-1.510 EPS. Sell-side analysts anticipate that Hormel Foods Corporation will post 1.65 earnings per share for the current fiscal year.

Hormel Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, April 13th will be issued a $0.2925 dividend. This represents a $1.17 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Monday, April 13th. Hormel Foods's dividend payout ratio is 131.46%.

Analysts Set New Price Targets

HRL has been the subject of several analyst reports. Barclays set a $30.00 target price on Hormel Foods and gave the stock an "overweight" rating in a research report on Tuesday, December 9th. Weiss Ratings reissued a "sell (d+)" rating on shares of Hormel Foods in a research note on Thursday, January 22nd. Zacks Research raised shares of Hormel Foods from a "strong sell" rating to a "hold" rating in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Hormel Foods from a "sell" rating to a "hold" rating in a report on Saturday, January 17th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Hormel Foods from $27.00 to $28.00 and gave the stock an "overweight" rating in a research report on Friday, December 5th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Hormel Foods currently has a consensus rating of "Hold" and an average target price of $27.71.

Hormel Foods Company Profile

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.

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