Hormel Foods (NYSE:HRL) Stock Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain purchased shares of Hormel Foods worth between $1,001 and $15,000 on July 16th, according to a filing made on August 13th.
• Hormel Foods announced a quarterly dividend of $0.29 per share, representing an annualized yield of 4.1%, set to be paid on August 15th.
• The stock has a current price of $28.47 with a market cap of $15.66 billion and a PE ratio of 20.93; analysts have a price target range up to $35.00.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Hormel Foods Corporation NYSE: HRL. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Hormel Foods stock on July 16th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Hormel Foods Price Performance

NYSE HRL traded up $0.17 during trading hours on Friday, reaching $28.47. The company's stock had a trading volume of 7,569,305 shares, compared to its average volume of 3,140,012. The stock has a market cap of $15.66 billion, a PE ratio of 20.93, a PEG ratio of 3.30 and a beta of 0.31. Hormel Foods Corporation has a fifty-two week low of $27.59 and a fifty-two week high of $33.80. The company's 50-day moving average is $29.77 and its two-hundred day moving average is $29.74. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.17 and a current ratio of 2.47.

Hormel Foods (NYSE:HRL - Get Free Report) last released its earnings results on Thursday, May 29th. The company reported $0.35 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.35. The company had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.92 billion. Hormel Foods had a net margin of 6.27% and a return on equity of 10.20%. The firm's quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 EPS. Analysts forecast that Hormel Foods Corporation will post 1.65 EPS for the current year.

Hormel Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Monday, July 14th will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Monday, July 14th. Hormel Foods's dividend payout ratio is presently 85.29%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on HRL shares. BNP Paribas Exane upgraded shares of Hormel Foods from an "underperform" rating to a "neutral" rating and set a $30.00 price target on the stock in a report on Tuesday, May 27th. Stephens restated an "equal weight" rating and issued a $31.00 price target on shares of Hormel Foods in a report on Thursday, May 22nd. BNP Paribas raised shares of Hormel Foods from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 27th. Finally, The Goldman Sachs Group initiated coverage on shares of Hormel Foods in a research report on Monday, June 23rd. They issued a "buy" rating and a $35.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $32.86.

Institutional Investors Weigh In On Hormel Foods

A number of hedge funds and other institutional investors have recently modified their holdings of HRL. Wellington Management Group LLP bought a new stake in shares of Hormel Foods during the fourth quarter valued at about $659,000. Franklin Resources Inc. grew its holdings in Hormel Foods by 8.3% during the fourth quarter. Franklin Resources Inc. now owns 54,733 shares of the company's stock worth $1,717,000 after acquiring an additional 4,207 shares during the period. Russell Investments Group Ltd. grew its holdings in Hormel Foods by 21.6% during the fourth quarter. Russell Investments Group Ltd. now owns 166,930 shares of the company's stock worth $5,235,000 after acquiring an additional 29,683 shares during the period. Federated Hermes Inc. grew its holdings in Hormel Foods by 2,319.5% during the fourth quarter. Federated Hermes Inc. now owns 49,357 shares of the company's stock worth $1,548,000 after acquiring an additional 47,317 shares during the period. Finally, Advisory Services Network LLC grew its holdings in Hormel Foods by 36.0% during the fourth quarter. Advisory Services Network LLC now owns 19,815 shares of the company's stock worth $622,000 after acquiring an additional 5,241 shares during the period. 40.99% of the stock is currently owned by institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Hormel Foods Company 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.

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