Hormel Foods Corp. Company Profile (NYSE:HRL)

About Hormel Foods Corp.

Hormel Foods Corp. logoHormel Foods Corporation is a multinational manufacturer and marketer of food and meat products. The Company operates through five segments: Grocery Products, which consists of the processing, marketing and sale of shelf-stable food products sold in the retail market; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork and beef products for retail, foodservice and fresh product customers; Jennie-O Turkey Store, which consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers; Specialty Foods, which consists of the packaging and sale of private label shelf stable products, nutritional products, sugar and condiments to industrial, retail and foodservice customers, and International & Other, which includes the Hormel Foods International Corporation, which manufactures, markets and sells the Company products internationally.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Meat Products
  • Sub-Industry: Packaged Foods & Meats
  • Exchange: NYSE
  • Symbol: HRL
  • CUSIP: 44045210
Key Metrics:
  • Previous Close: $38.03
  • 50 Day Moving Average: $37.51
  • 200 Day Moving Average: $37.12
  • 52-Week Range: $32.92 - $45.72
  • Trailing P/E Ratio: 24.69
  • Foreward P/E Ratio: 22.77
  • P/E Growth: 2.27
  • Market Cap: $20.13B
  • Outstanding Shares: 529,200,000
  • Beta: 0.57
  • Net Margins: 8.96%
  • Return on Equity: 20.06%
  • Return on Assets: 13.71%
  • Debt-to-Equity Ratio: 0.06%
  • Current Ratio: 1.78%
  • Quick Ratio: 0.86%
Additional Links:
Companies Related to Hormel Foods Corp.:

Analyst Ratings

Consensus Ratings for Hormel Foods Corp. (NYSE:HRL) (?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $40.14 (5.56% upside)

Analysts' Ratings History for Hormel Foods Corp. (NYSE:HRL)
DateFirmActionRatingPrice TargetDetails
9/27/2016Credit Suisse Group AGReiterated RatingOutperform -> Outperform$43.00View Rating Details
9/16/2016Oppenheimer Holdings Inc.Initiated CoverageMarket Perform$39.00View Rating Details
9/16/2016Edward JonesUpgradeHold -> BuyView Rating Details
8/19/2016BMO Capital MarketsUpgradeMarket Perform -> Outperform$44.00View Rating Details
8/16/2016Deutsche Bank AGReiterated RatingHold$38.00View Rating Details
8/3/2016Jefferies GroupReiterated RatingHoldView Rating Details
4/13/2016Credit Agricole SAInitiated CoverageUnderperformView Rating Details
4/5/2016BB&T Corp.DowngradeHold -> UnderweightView Rating Details
2/17/2016Goldman Sachs Group Inc.Boost Price TargetNeutral$34.50 -> $39.00View Rating Details
11/25/2015StephensUpgradeEqual Weight -> Overweight$31.50 -> $40.00View Rating Details
10/19/2015Buckingham ResearchInitiated CoverageNeutral$34.00View Rating Details
(Data available from 10/25/2014 forward)


Earnings History for Hormel Foods Corp. (NYSE:HRL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/18/2016Q316$0.35$0.36$2.26 billion$2.30 billionViewListenView Earnings Details
5/18/2016Q216$0.39$0.40$2.30 billion$2.30 billionViewListenView Earnings Details
2/16/2016Q116$0.37$0.43$2.40 billion$2.30 billionViewListenView Earnings Details
11/24/2015Q415$0.69$0.74$2.51 billion$2.40 billionViewListenView Earnings Details
8/19/2015Q315$0.55$0.56$2.28 billion$22.19 billionViewListenView Earnings Details
5/20/2015Q215$0.63$0.67$2.39 billion$2.27 billionViewListenView Earnings Details
2/19/2015Q115$0.64$0.69$2.47 billion$2.40 billionViewListenView Earnings Details
11/25/2014Q414$0.63$0.63$2.52 billion$2.54 billionViewListenView Earnings Details
8/21/2014Q314$0.49$0.51$2.23 billion$2.29 billionViewListenView Earnings Details
5/21/2014Q214$0.56$0.52$2.24 billion$2.20 billionViewListenView Earnings Details
2/20/2014Q114$0.58$0.57$2.25 billion$2.24 billionViewListenView Earnings Details
11/26/2013Q4$0.54$0.58$2.30 billion$2.32 billionViewListenView Earnings Details
8/22/2013Q3 2013$0.45$0.42$2.12 billion$2.16 billionViewListenView Earnings Details
5/23/2013Q2 2013$0.49$0.46$2.19 billion$2.15 billionViewListenView Earnings Details
2/21/2013Q1 2013$0.49$0.48$2.14 billion$2.12 billionViewListenView Earnings Details
11/20/20120.49$0.49$2.17 billionViewN/AView Earnings Details
8/23/2012Q212$0.41$0.41$2.01 billion$2.00 billionViewN/AView Earnings Details
5/23/2012$0.41$0.48ViewN/AView Earnings Details
2/23/2012$0.48$0.48ViewN/AView Earnings Details
11/22/2011$0.42$0.43ViewN/AView Earnings Details
8/25/2011$0.35$0.37ViewN/AView Earnings Details
5/25/2011$0.40$0.40ViewN/AView Earnings Details
2/22/2011$0.43$0.55ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Hormel Foods Corp. (NYSE:HRL)
Current Year EPS Consensus Estimate: $1.64 EPS
Next Year EPS Consensus Estimate: $1.67 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.69$0.74$0.71
Q2 20163$0.37$0.70$0.49
Q3 20162$0.34$0.35$0.35
Q4 20165$0.42$0.80$0.58
Q1 20171$0.52$0.52$0.52
Q2 20171$0.38$0.38$0.38
Q3 20171$0.34$0.34$0.34
Q4 20171$0.48$0.48$0.48
Q1 20181$0.52$0.52$0.52
(Data provided by Zacks Investment Research)


Current Dividend Information for Hormel Foods Corp. (NYSE:HRL)
Annual Dividend:$0.58
Dividend Yield:1.53%
Dividend Growth:18.60% (3 Year Average)
Payout Ratio:37.79% (Based on Trailing 12 Months of Earnings)
35.37% (Based on Current Year Consensus EPS Estimate)
34.73% (Based on Next Year Consensus EPS Estimate)
Track Record:49 Years of Consecutive Dividend Growth

Dividend History for Hormel Foods Corp. (NYSE:HRL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Hormel Foods Corp. (NYSE:HRL)
Insider Ownership Percentage: 3.54%
Institutional Ownership Percentage: 34.10%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/13/2016Steven G BinderInsiderSell12,000$37.98$455,760.00View SEC Filing  
9/28/2016Glenn R. LeitchInsiderSell400$38.37$15,348.00View SEC Filing  
9/27/2016Brian Dean JohnsonVPSell3,500$38.00$133,000.00View SEC Filing  
9/7/2016Deanna T BradyInsiderSell400$38.06$15,224.00View SEC Filing  
8/30/2016Larry L. VorpahlInsiderSell400$37.88$15,152.00View SEC Filing  
7/1/2016Dakota A PippinsDirectorSell5,000$36.74$183,700.00View SEC Filing  
6/28/2016Steven G. BinderEVPSell400$34.98$13,992.00View SEC Filing  
4/7/2016Dakota A PippinsDirectorSell2,269$42.98$97,521.62View SEC Filing  
4/6/2016Elsa A MuranoDirectorSell6,001$43.00$258,043.00View SEC Filing  
4/5/2016Elsa A MuranoDirectorSell1$42.10$42.10View SEC Filing  
3/18/2016Bryan D FarnsworthSVPSell14,196$43.69$620,223.24View SEC Filing  
3/17/2016Thomas R DayVPSell10,000$44.00$440,000.00View SEC Filing  
3/11/2016Donald H KreminVPSell9,059$43.55$394,519.45View SEC Filing  
3/8/2016Deanna T BradyVPSell21,038$43.69$919,150.22View SEC Filing  
2/24/2016James N. SheehanVPSell26,489$43.44$1,150,682.16View SEC Filing  
2/23/2016Roland G. GentzlerVPSell19,154$43.51$833,390.54View SEC Filing  
2/22/2016Jody H FeragenCFOSell80,000$42.91$3,432,800.00View SEC Filing  
1/8/2016Bryan D. FarnsworthSVPSell7,028$79.24$556,898.72View SEC Filing  
1/8/2016Donald H KreminVPSell3,000$79.34$238,020.00View SEC Filing  
1/5/2016Donald H. KreminVPSell3,000$79.21$237,630.00View SEC Filing  
12/17/2015Dakota A PippinsDirectorSell1,632$80.09$130,706.88View SEC Filing  
12/11/2015Jody H FeragenCFOSell23,000$76.95$1,769,850.00View SEC Filing  
8/26/2015Steven G. BinderEVPSell10,000$59.36$593,600.00View SEC Filing  
8/24/2015Jeffrey M EttingerCEOSell3,736$60.40$225,654.40View SEC Filing  
7/9/2015Elsa A MuranoDirectorSell2,262$57.52$130,110.24View SEC Filing  
6/29/2015Elsa A MuranoDirectorSell2,738$57.00$156,066.00View SEC Filing  
6/23/2015Roland G GentzlerVPSell7,389$57.70$426,345.30View SEC Filing  
6/18/2015Larry L VorpahlVPSell59,389$57.22$3,398,238.58View SEC Filing  
6/11/2015Dakota A PippinsDirectorSell2,409$56.79$136,807.11View SEC Filing  
6/9/2015Dakota A PippinsDirectorSell2,600$56.05$145,730.00View SEC Filing  
6/3/2015Roland G GentzlerVPSell1,500$57.03$85,545.00View SEC Filing  
5/29/2015James N SheehanVPSell8,000$58.02$464,160.00View SEC Filing  
4/1/2015Nick DemareDirectorBuy405,000$0.02$6,075.00
2/26/2015Steven G BinderEVPSell10,000$58.45$584,500.00View SEC Filing  
12/12/2014Dakota A PippinsDirectorSell1,646$51.25$84,357.50View SEC Filing  
9/4/2014Thomas R DayVPSell12,000$51.00$612,000.00View SEC Filing  
9/3/2014Donald H KreminVPSell1,200$51.12$61,344.00View SEC Filing  
8/28/2014Brian Dean JohnsonVPSell3,000$50.63$151,890.00View SEC Filing  
6/17/2014Dakota A PippinsDirectorSell1,577$48.45$76,405.65View SEC Filing  
4/9/2014Dakota PippinsDirectorSell3,128$47.76$149,393.28View SEC Filing  
4/2/2014James SplinterVPSell9,185$48.55$445,931.75View SEC Filing  
3/31/2014Larry VorpahlVPSell7,000$48.48$339,360.00View SEC Filing  
3/17/2014David JuhlkeVPSell21,920$47.12$1,032,870.40View SEC Filing  
3/10/2014James SneeVPSell1,679$47.37$79,534.23View SEC Filing  
2/28/2014Steven BinderEVPSell9,968$47.56$474,078.08View SEC Filing  
1/9/2014Dakota PippinsDirectorSell1,725$44.92$77,487.00View SEC Filing  
12/4/2013Brian Dean JohnsonVPSell7,977$45.76$365,027.52View SEC Filing  
12/3/2013Steven BinderEVPSell6,000$45.85$275,100.00View SEC Filing  
10/3/2012Richard A BrossVPSell10,862$29.75$323,144.50View SEC Filing  
10/3/2012William F SnyderSVPSell7,567$29.53$223,453.51View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Hormel Foods Corp. (NYSE:HRL)
News Icon13F Activity: Cobiz Investment Management LLC Cut Position in Hormel Foods Corp Com (HRL) by $3.43 Million - Chester News (NYSE:HRL)
www.chesterindependent.com - October 25 at 5:32 PM
News IconImportant Rating: Discussion stirs around Hormel Foods Corp (NYSE:HRL) this week; here is what analysts are saying. - MoneyMakingArticles (NYSE:HRL)
www.mmahotstuff.com - October 25 at 10:25 AM
publicnow.com logoHormel Foods Corporation Fourth Quarter Earnings Conference Call Tuesday, November 22, 2016 (NYSE:HRL)
www.publicnow.com - October 25 at 10:25 AM
publicnow.com logoHormel Foods Corporation Fourth Quarter Earnings Conference Call (NYSE:HRL)
www.publicnow.com - October 25 at 10:25 AM
News IconToday's Top Gainers in the Market Hormel Foods Corporation (NYSE:HRL) from Consumer Goods - The Daily Leicester (NYSE:HRL)
thedailyleicester.com - October 24 at 5:17 PM
News IconHormel Foods Corporation (NYSE:HRL) from Meat Products – Todays Top Gains (NYSE:HRL)
twincountynews.com - October 21 at 5:34 PM
News IconMarket Traders Alert - Hormel Foods Corporation's (HRL) - Hot Stocks Point (NYSE:HRL)
www.hotstockspoint.com - October 20 at 5:32 PM
News IconUpdate on Hormel Foods Corporation (NYSE:HRL) for the day (NYSE:HRL)
twincountynews.com - October 18 at 10:33 AM
forbes.com logoEx-Dividend Reminder: Thor Industries, Hormel Foods and Colgate-Palmolive (NYSE:HRL)
www.forbes.com - October 18 at 10:33 AM
finance.yahoo.com logoPilgrim's Pride (PPC) Poised for Growth Amid Headwinds (NYSE:HRL)
finance.yahoo.com - October 17 at 5:26 PM
News IconNotable Hot Runners: Ralph Lauren Corp (NYSE:RL), Hormel Foods Corp (NYSE:HRL), Biogen Inc (NASDAQ:BIIB) - NYSE Journal (press release) (NYSE:HRL)
stockznews.com - October 17 at 10:31 AM
News IconPensionfund Dsm Netherlands buys $4006800 stake in Hormel Foods Corp (HRL) (NYSE:HRL)
canalcncarauca.com - October 16 at 10:00 AM
News IconRetirement Systems of Alabama invests in Hormel Foods Corp. (HRL) Shares (NYSE:HRL)
leglobaliste.com - October 16 at 10:00 AM
News IconHormel Foods Corp. (HRL) Position Cut by GW Henssler & Associates Ltd. (NYSE:HRL)
crcconnection.com - October 16 at 10:00 AM
News IconLeading stocks in today’s market: Hormel Foods Corporation (NYSE:HRL) (NYSE:HRL)
twincountynews.com - October 16 at 10:00 AM
News IconPensionfund Sabic buys $1821960 stake in Hormel Foods Corp (HRL) (NYSE:HRL)
larampadinapoli.com - October 15 at 10:14 AM
News IconToth Financial Advisory Corp Lowers stake in Hormel Foods Corp (HRL) (NYSE:HRL)
thelakeandeswave.com - October 15 at 10:14 AM
News IconHigh Market Cap Stock of the Day – Hormel Foods Corporation (NYSE:HRL) (NYSE:HRL)
twincountynews.com - October 14 at 8:35 AM
News IconHormel Foods Corp (NYSE:HRL) Analyst Opinion (NYSE:HRL)
thelakeandeswave.com - October 14 at 8:35 AM
businesswire.com logoHormel Foods Donates 60000 Pounds of Products for Hurricane Matthew Relief Efforts - Business Wire (press release) (NYSE:HRL)
www.businesswire.com - October 13 at 5:29 PM
finance.yahoo.com logoHormel Foods Donates 60,000 Pounds of Products for Hurricane Matthew Relief Efforts (NYSE:HRL)
finance.yahoo.com - October 13 at 5:29 PM
News IconEXACT Sciences Corporation (NASDAQ:EXAS) & Hormel Foods Corp (NYSE:HRL) News Recap - Money News (NYSE:HRL)
www.newsismoney.com - October 13 at 8:42 AM
marketrealist.com logoWhy CLSA Upgraded Tyson Foods to a ‘Buy’ (NYSE:HRL)
marketrealist.com - October 13 at 8:42 AM
finance.yahoo.com logoWhich Sectors Have the Best Investing Opportunities? (NYSE:HRL)
finance.yahoo.com - October 12 at 5:30 PM
marketrealist.com logoNicole Glenn Has a New Gig at Hormel Foods’s Subsidiary Applegate (NYSE:HRL)
marketrealist.com - October 12 at 10:33 AM
News IconLarge Cap Meat Products: Hormel Foods Corporation (NYSE:HRL) (NYSE:HRL)
twincountynews.com - October 11 at 5:41 PM
finance.yahoo.com logoApplegate Farms, LLC Announces New Vice President Of Marketing: Nicole Glenn (NYSE:HRL)
finance.yahoo.com - October 10 at 10:07 AM
News IconBrokers Opinions on: Hormel Foods Corporation (NYSE:HRL) (NYSE:HRL)
magseriesusa.net - October 7 at 10:28 AM
stocksdaily.net logoDividend Buzz: Hormel Foods Corporation (NYSE:HRL) Per-Share Dividend Payout At $0.145 (NYSE:HRL)
www.stocksdaily.net - October 6 at 5:24 PM
News IconStock's Traders Alert - Hormel Foods Corporation's (HRL) - Hot Stocks Point (NYSE:HRL)
www.hotstockspoint.com - October 6 at 10:50 AM
capitalcube.com logoHormel Foods Corp. – Value Analysis (NYSE:HRL) : October 6, 2016 (NYSE:HRL)
www.capitalcube.com - October 6 at 10:50 AM
News IconA look at a High Market Cap Stock: Hormel Foods Corporation, HRL - The Daily Leicester (NYSE:HRL)
thedailyleicester.com - October 5 at 5:27 PM
marketrealist.com logoWhy Did Tyson Foods Settle for $1.6 Million? (NYSE:HRL)
marketrealist.com - October 5 at 5:27 PM
News IconAre Hormel Foods Corporation (NYSE:HRL) Shares Headed Higher? (NYSE:HRL)
crcconnection.com - October 5 at 10:41 AM
capitalcube.com logoHormel Foods Corp. breached its 50 day moving average in a Bearish Manner : HRL-US : October 5, 2016 (NYSE:HRL)
www.capitalcube.com - October 5 at 10:41 AM
News IconNoticeable Insider Trading: Hormel Foods Corp (HRL) | Voice ... - The Voice Registrar (NYSE:HRL)
voiceregistrar.com - October 2 at 9:51 AM
News IconStocks Carrying High Returns: Mattel, Inc. (NASDAQ:MAT), Hormel Foods Corporation (NYSE:HRL) - Street Wise Report (press release) (blog) (NYSE:HRL)
streetwisereport.com - October 1 at 10:52 AM
marketrealist.com logoHormel Foods Makes Key Changes in Its Management (NYSE:HRL)
marketrealist.com - October 1 at 10:52 AM
News IconLarge Outflow of Money Witnessed in Hormel Foods Corporation (NYSE:HRL)
alltechnews.org - September 30 at 5:43 PM
marketrealist.com logoTyson Fresh Meats Announces Its Plans for Expansion (NYSE:HRL)
marketrealist.com - September 30 at 5:43 PM
fidaily.com logoInsiders Selling, Short Interest Growing Hormel Foods Corporation Common (NYSE:HRL) (NYSE:HRL)
www.fidaily.com - September 29 at 5:23 PM
businesswire.com logoHormel Foods Announces Leadership Appointments (NYSE:HRL)
www.businesswire.com - September 29 at 10:33 AM
streetinsider.com logoHormel Foods (HRL) Names James Splinter VP Corporate Strategy (NYSE:HRL)
www.streetinsider.com - September 29 at 10:33 AM
4-traders.com logoHormel Foods : Recommends Stockholders Reject Unsolicited Below-Market Price Mini-Tender Offer by TRC Capital Corporation (NYSE:HRL)
www.4-traders.com - September 28 at 5:19 PM
publicnow.com logoHormel Foods Recommends Stockholders Reject Unsolicited Below-Market Price Mini-Tender Offer By TRC Capital Corporation (NYSE:HRL)
www.publicnow.com - September 28 at 5:19 PM
feeds.reuters.com logoBRIEF-Hormel Foods recommends stockholders reject unsolicited below-market price mini-tender (NYSE:HRL)
feeds.reuters.com - September 28 at 5:12 PM
News IconTop Gainers of the Day: Hormel Foods Corporation (NYSE:HRL) from Meat Products (NYSE:HRL)
twincountynews.com - September 28 at 10:23 AM
marketrealist.com logoHormel Foods Declares a Dividend of $0.145 per Share (NYSE:HRL)
marketrealist.com - September 28 at 10:22 AM
thestreet.com logoOne Reason Why Hormel Foods (HRL) Stock Closed Up Today (NYSE:HRL)
www.thestreet.com - September 28 at 10:22 AM
biz.yahoo.com logoHORMEL FOODS CORP /DE/ Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial (NYSE:HRL)
biz.yahoo.com - September 28 at 10:22 AM


Hormel Foods Corp. (NYSE:HRL) Chart for Tuesday, October, 25, 2016

Last Updated on 10/25/2016 by MarketBeat.com Staff