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

Key Points

• Representative Lisa C. McClain sold shares of Hormel Foods Corporation (NYSE:HRL) valued between $1,001 and $15,000 on July 22nd, according to a filing made on August 13th.
• The stock has a current price of $28.34, with a market cap of $15.58 billion and a dividend yield of 4.1%, as well as a recent quarterly earnings report meeting expectations.
• Investment analysts generally maintain a Moderate Buy consensus rating for Hormel Foods, with price targets ranging from $30.00 to $35.00.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Hormel Foods Corporation NYSE: HRL. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Hormel Foods stock on July 22nd. 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 on Friday, hitting $28.47. 7,569,305 shares of the company's stock were exchanged, compared to its average volume of 2,998,887. The company has a current ratio of 2.47, a quick ratio of 1.17 and a debt-to-equity ratio of 0.35. The company has a market cap of $15.66 billion, a PE ratio of 20.93, a P/E/G ratio of 3.24 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 stock's 50 day moving average price is $29.73 and its two-hundred day moving average price is $29.71.

Hormel Foods (NYSE:HRL - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. The company had revenue of $2.90 billion for the quarter, compared to analysts' expectations of $2.92 billion. Hormel Foods had a return on equity of 10.20% and a net margin of 6.27%. The business's quarterly revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.38 earnings per share. Research analysts expect that Hormel Foods Corporation will post 1.65 EPS for the current year.

Hormel Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Monday, July 14th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Monday, July 14th. This represents a $1.16 annualized dividend and a yield of 4.1%. Hormel Foods's payout ratio is presently 85.29%.

Analyst Ratings Changes

HRL has been the topic of several research reports. The Goldman Sachs Group initiated coverage on Hormel Foods in a report on Monday, June 23rd. They set a "buy" rating and a $35.00 price target on the stock. Stephens restated an "equal weight" rating and set a $31.00 price target on shares of Hormel Foods in a report on Thursday, May 22nd. BNP Paribas Exane upgraded 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. Finally, BNP Paribas upgraded Hormel Foods from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 27th. Four 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 data from MarketBeat, Hormel Foods has a consensus rating of "Moderate Buy" and a consensus target price of $32.86.

Hedge Funds Weigh In On Hormel Foods

A number of institutional investors and hedge funds have recently modified their holdings of HRL. Norges Bank acquired a new position in shares of Hormel Foods during the second quarter worth approximately $101,201,000. Pacer Advisors Inc. raised its position in shares of Hormel Foods by 9,725.4% during the first quarter. Pacer Advisors Inc. now owns 2,335,797 shares of the company's stock worth $72,270,000 after purchasing an additional 2,312,024 shares during the period. Two Sigma Advisers LP raised its position in shares of Hormel Foods by 496.3% during the fourth quarter. Two Sigma Advisers LP now owns 2,185,600 shares of the company's stock worth $68,562,000 after purchasing an additional 1,819,100 shares during the period. Two Sigma Investments LP raised its position in shares of Hormel Foods by 466.5% during the fourth quarter. Two Sigma Investments LP now owns 2,053,160 shares of the company's stock worth $64,408,000 after purchasing an additional 1,690,746 shares during the period. Finally, Alyeska Investment Group L.P. raised its position in shares of Hormel Foods by 485.7% during the first quarter. Alyeska Investment Group L.P. now owns 1,963,632 shares of the company's stock worth $60,755,000 after purchasing an additional 1,628,382 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.

About Hormel Foods

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.