Hormel Foods Corporation Company Profile (NYSE:HRL)

About Hormel Foods Corporation

Hormel Foods Corporation logoHormel Foods Corporation is engaged in the production of a range of meat and food products. The Company operates through five segments: Grocery Products, which is engaged in the processing, marketing and sale of shelf-stable food products sold for the retail market; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork, beef, chicken and turkey products for retail, foodservice and fresh product customers; Jennie-O Turkey Store (JOTS), 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 nutritional and private label shelf-stable products to industrial, retail and foodservice customers, and International & Other, which includes 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: $35.29
  • 50 Day Moving Average: $36.35
  • 200 Day Moving Average: $36.54
  • 52-Week Range: $33.18 - $44.73
  • Trailing P/E Ratio: 21.21
  • Foreward P/E Ratio: 19.81
  • P/E Growth: 2.67
  • Market Cap: $18.40B
  • Outstanding Shares: 528,801,000
  • Beta: 0.49
Profitability:
  • Net Margins: 9.35%
  • Return on Equity: 20.56%
  • Return on Assets: 14.29%
Debt:
  • Debt-to-Equity Ratio: 0.06%
  • Current Ratio: 1.93%
  • Quick Ratio: 0.99%
Additional Links:
Companies Related to Hormel Foods Corporation:

Analyst Ratings

Consensus Ratings for Hormel Foods Corporation (NYSE:HRL) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $40.17 (15.89% upside)

Analysts' Ratings History for Hormel Foods Corporation (NYSE:HRL)
Show:
DateFirmActionRatingPrice TargetDetails
1/9/2017Piper Jaffray CompaniesInitiated CoverageOverweight$40.00View Rating Details
12/1/2016KeyCorpInitiated CoverageSector WeightView Rating Details
11/23/2016BMO Capital MarketsBoost Price TargetOutperform$34.00 -> $45.00View Rating Details
11/23/2016Credit Suisse GroupSet Price TargetBuy$41.00View Rating Details
9/16/2016Oppenheimer Holdings, Inc.Initiated CoverageMarket Perform$39.00View Rating Details
9/16/2016Edward JonesUpgradeHold -> BuyView Rating Details
8/16/2016Deutsche Bank AGReiterated RatingHold$38.00View Rating Details
8/3/2016Jefferies Group LLCReiterated RatingHoldView Rating Details
4/5/2016BB&T Co.DowngradeHold -> UnderweightView Rating Details
2/17/2016Goldman Sachs Group, Inc. (The)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 2/24/2015 forward)

Earnings

Earnings History for Hormel Foods Corporation (NYSE:HRL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
2/23/2017Q117$0.45$0.44$2.28 billion$2.30 billionViewN/AView Earnings Details
11/22/2016Q416$0.46$0.45$2.62 billion$2.63 billionViewN/AView Earnings Details
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)

Estimates

Earnings Estimates for Hormel Foods Corporation (NYSE:HRL)
Current Year EPS Consensus Estimate: $1.69 EPS
Next Year EPS Consensus Estimate: $1.75 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 20166$0.42$0.80$0.56
Q1 20172$0.46$0.52$0.49
Q2 20172$0.38$0.41$0.40
Q3 20172$0.34$0.36$0.35
Q4 20172$0.44$0.48$0.46
Q1 20181$0.52$0.52$0.52
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Hormel Foods Corporation (NYSE:HRL)
Annual Dividend:$0.68
Dividend Yield:1.96%
Dividend Growth:28.70% (3 Year Average)
Payout Ratio:41.46% (Based on Trailing 12 Months of Earnings)
40.24% (Based on Current Year Consensus EPS Estimate)
38.86% (Based on Next Year Consensus EPS Estimate)
Track Record:50 Years of Consecutive Dividend Growth

Dividend History for Hormel Foods Corporation (NYSE:HRL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/21/2016quarterly$0.171.9%1/12/20171/17/20172/15/2017
9/26/2016quarterly$0.151.52%10/20/201610/24/201611/15/2016
5/23/2016quarterly$0.151.67%7/14/20167/18/20168/15/2016
3/29/2016quarterly$0.151.32%4/14/20164/18/20165/16/2016
11/23/2015quarterly$0.291.63%1/14/20161/19/20162/16/2016
9/28/2015quarterly$0.251.62%10/15/201510/19/201511/16/2015
5/18/2015quarterly$0.251.79%7/16/20157/20/20158/17/2015
3/23/2015quarterly$0.251.77%4/16/20154/20/20155/15/2015
11/26/2014quarterly$0.251.9%1/15/20151/20/20152/17/2015
9/22/2014quarterly$0.201.6%10/16/201410/20/201411/14/2014
5/19/2014quarterly$0.201.65%7/17/20147/21/20148/15/2014
3/24/2014quarterly$0.201.67%4/16/20144/21/20145/15/2014
11/26/2013quarterly$0.201.78%1/17/20141/22/20142/14/2014
9/23/2013quarterly$0.171.58%10/17/201310/21/201311/15/2013
5/20/2013quarterly$0.171.6%7/18/20137/22/20138/15/2013
3/25/2013quarterly$0.171.69%4/18/20134/22/20135/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Hormel Foods Corporation (NYSE:HRL)
Insider Ownership Percentage: 3.54%
Institutional Ownership Percentage: 33.52%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/6/2017Robert NakasoneDirectorSell18,502$36.03$666,627.06View SEC Filing  
1/4/2017James M SplinterInsiderSell400$35.29$14,116.00View SEC Filing  
12/27/2016Dakota A. PippinsDirectorSell2,000$35.23$70,460.00View SEC Filing  
12/5/2016James M. SplinterInsiderSell34,262$33.94$1,162,852.28View SEC Filing  
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)

Headlines

Latest Headlines for Hormel Foods Corporation (NYSE:HRL)
DateHeadline
bizjournals.com logoResearch Reports Initiation on Consumer Goods Stocks -- Tyson Foods, Hormel Foods, Dean Foods, and BRF S.A. (NYSE:HRL)
www.bizjournals.com - February 24 at 10:36 AM
News IconHormel Foods Corporation (NYSE:HRL) earnings expectations (NYSE:HRL)
fairydetox.org - February 23 at 10:44 PM
News IconEarnings Guidance on Hormel Foods Corporation(HRL) (NYSE:HRL)
latribunadecanarias.com - February 23 at 10:44 PM
News IconWhich insiders are selling Hormel Foods Corporation (HRL)? (NYSE:HRL)
giftedviz.com - February 23 at 10:44 PM
4-traders.com logoHORMEL FOODS CORPORATION (NYSE:HRL) Files An 8-K Results of Operations and Financial Condition (NYSE:HRL)
www.4-traders.com - February 23 at 10:44 PM
News IconHormel Foods Corporation (HRL) Announces Earnings Results, Misses Estimates By $0.01 EPS (NYSE:HRL)
brassale.net - February 23 at 10:44 PM
marketwatch.com logoHormel misses profit expectations, cuts outlook (NYSE:HRL)
us.rd.yahoo.com - February 23 at 10:44 PM
biz.yahoo.com logoQ1 2017 Hormel Foods Corp Earnings Release - Before Market Open (NYSE:HRL)
us.rd.yahoo.com - February 23 at 10:44 PM
us.rd.yahoo.com logoHormel (HRL) Misses on Q1 Earnings & Revenues (NYSE:HRL)
us.rd.yahoo.com - February 23 at 10:44 PM
biz.yahoo.com logoHORMEL FOODS CORP /DE/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex (NYSE:HRL)
us.rd.yahoo.com - February 23 at 10:44 PM
us.rd.yahoo.com logoEdited Transcript of HRL earnings conference call or presentation 23-Feb-17 2:00pm GMT (NYSE:HRL)
us.rd.yahoo.com - February 23 at 10:44 PM
News IconEarnings Clues on Apache Corporation (APA), Hormel Foods ... - StockNewsJournal (NYSE:HRL)
stocknewsjournal.com - February 23 at 5:44 PM
News IconStock Buzz on Hormel Foods Corporation (NYSE:HRL): Can They Meet the Earnings Target of $0.46 - Winfield Review (NYSE:HRL)
winfieldreview.com - February 23 at 5:44 PM
nasdaq.com logoHormel (HRL) Misses on Q1 Earnings, Trims FY17 Guidance - Nasdaq (NYSE:HRL)
www.nasdaq.com - February 23 at 5:44 PM
seekingalpha.com logoHormel Foods (HRL) Q1 2017 Results - Earnings Call Transcript - Seeking Alpha (NYSE:HRL)
seekingalpha.com - February 23 at 5:44 PM
wsj.com logo[$$] Hormel Cuts Profit Forecast on Turkey Business, Seven-Year Low Prices (NYSE:HRL)
www.wsj.com - February 23 at 5:44 PM
investopedia.com logoHormel, Tyson Ride on Prepared Food Demand (NYSE:HRL)
www.investopedia.com - February 23 at 5:44 PM
seekingalpha.com logoHormel Foods down post FQ1 results (NYSE:HRL)
seekingalpha.com - February 23 at 8:24 AM
seekingalpha.com logoHormel Foods misses by $0.01, revenue in-line (NYSE:HRL)
seekingalpha.com - February 23 at 6:36 AM
News IconStock Tracker: Earnings & Estimates for Hormel Foods Corporation (NYSE:HRL) - Aiken Advocate (NYSE:HRL)
aikenadvocate.com - February 22 at 10:57 PM
nasdaq.com logoFood Stocks Reporting Earnings on Feb 23: HRL, SAFM & More - Nasdaq (NYSE:HRL)
www.nasdaq.com - February 22 at 10:57 PM
News IconMarket Focus: Checking Indicators on Shares of Hormel Foods Corp (HRL) - BVN (NYSE:HRL)
bvnewsjournal.com - February 22 at 10:57 PM
nasdaq.com logoHormel (HRL) Q1 Earnings: What's in Store for the Stock? - Nasdaq (NYSE:HRL)
www.nasdaq.com - February 22 at 10:57 PM
News IconAnalyst Advice And Earnings Insight: Southern Copper Corporation (SCCO), Hormel Foods Corporation (HRL) - Post Analyst (NYSE:HRL)
postanalyst.com - February 20 at 5:14 PM
News IconAnalyst's Indicator Review for Apache Corporation (APA), Hormel Foods Corporation (HRL) - The USA Commerce (NYSE:HRL)
www.theusacommerce.com - February 20 at 5:14 PM
News IconEarnings Clues on Hormel Foods Corporation (HRL), Conagra Brands, Inc. (CAG) Analyst's Predictions - StockNewsJournal (NYSE:HRL)
www.stocknewsjournal.com - February 17 at 3:24 PM
News IconLooking Closer at Shares of Hormel Foods Corp. (HRL) - Midway Monitor (NYSE:HRL)
midwaymonitor.com - February 17 at 3:24 PM
News IconWill Hormel Foods Corporation (NYSE:HRL) be growing after Earnings Report? (NYSE:HRL)
www.graffiotech.com - February 17 at 8:36 AM
News IconWhich way Hormel Foods Corporation (NYSE:HRL) earning numbers may go (NYSE:HRL)
fairydetox.org - February 16 at 5:40 PM
News IconHighly Traded Stock: Hormel Foods Corporation (NYSE:HRL) (NYSE:HRL)
nyhetsbanken.info - February 16 at 5:40 PM
News IconAnalyst Earnings Forecast Screen: Hormel Foods Corporation (HRL) (NYSE:HRL)
mundoaguaysaneamiento.net - February 16 at 5:40 PM
News IconHormel Foods Corporation (HRL) Position Cut by Aberdeen Asset Management PLC UK (NYSE:HRL)
oakridgeobserver.com - February 16 at 5:40 PM
News IconNotable Stock Preview: Hormel Foods Corporation's (HRL) (NYSE:HRL)
prensariotiretail.com - February 13 at 11:46 PM
News IconTraders Secrets on Xcel Energy Inc. (XEL), Hormel Foods Corporation (HRL) - StockNewsJournal (NYSE:HRL)
stocknewsjournal.com - February 13 at 6:44 PM
blogs.barrons.com logoHain Celestials: Still Not A Buy (NYSE:HRL)
blogs.barrons.com - February 13 at 11:23 AM
News IconWhy Analysts put forward these two stocks: Hormel Foods Corporation (HRL), O'Reilly Automotive, Inc. (ORLY) - The USA Commerce (NYSE:HRL)
www.theusacommerce.com - February 11 at 10:47 PM
News IconEquity Perception: Analyst's Indicator Review for QVC Group (QVCA), Hormel Foods Corporation (HRL) - The USA Commerce (NYSE:HRL)
theusacommerce.com - February 11 at 10:47 PM
News IconToday's Brokerage Rating: Linear Technology Corporation (LLTC), Hormel Foods Corporation (HRL) - StockNewsJournal (NYSE:HRL)
stocknewsjournal.com - February 11 at 10:47 PM
News IconWhy Analysts put forward these two stocks: Hormel Foods ... - The USA Commerce (NYSE:HRL)
theusacommerce.com - February 11 at 10:47 PM
barrons.com logo[$$] Rating Dividends' Health (NYSE:HRL)
www.barrons.com - February 11 at 4:31 AM
News IconThe BRC Investment Management LLC Invests $722000 in Hormel Foods Corporation (HRL) (NYSE:HRL)
mundoaguaysaneamiento.net - February 9 at 6:39 PM
biz.yahoo.com logoHORMEL FOODS CORP /DE/ Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:HRL)
biz.yahoo.com - February 8 at 5:05 AM
News IconChart Update on Shares of Hormel Foods Corporation (NYSE:HRL) - Providence Standard (NYSE:HRL)
providencestandard.com - February 8 at 12:03 AM
News IconEarnings Clues on Celanese Corporation (CE), Hormel Foods Corporation (HRL) Analyst's Predictions - StockNewsJournal (NYSE:HRL)
stocknewsjournal.com - February 8 at 12:03 AM
News IconConsidering Earnings Growth, Is The Market Undervaluing Hormel Foods Corporation (HRL)? (NYSE:HRL)
simplywall.st - February 5 at 5:30 PM
News IconAnalysts Estimates and Ratings: Hormel Foods Corporation (NYSE:HRL) (NYSE:HRL)
prensariotiretail.com - February 5 at 3:49 AM
marketexclusive.com logoHORMEL FOODS CORPORATION (NYSE:HRL) Files An 8-K Submission of Matters to a Vote of Security Holders (NYSE:HRL)
marketexclusive.com - February 3 at 6:16 PM
finance.yahoo.com logoHormel Foods Personnel Announcement (NYSE:HRL)
finance.yahoo.com - February 2 at 6:22 PM
finance.yahoo.com logoHormel Foods Highlights Record 2016 Performance and Focuses on the Future (NYSE:HRL)
finance.yahoo.com - February 1 at 6:27 PM
News IconShould You Sell Hormel Foods Corporation Based On Current Broker Views? (NYSE:HRL)
viveremilano.biz - February 1 at 5:55 AM

Social

What is Hormel Foods Corporation's stock symbol?

Hormel Foods Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "HRL."

How often does Hormel Foods Corporation pay dividends? What is the dividend yield for Hormel Foods Corporation?

Hormel Foods Corporation declared a quarterly dividend on Monday, November 21st. Shareholders of record on Tuesday, January 17th will be given a dividend of $0.17 per share on Wednesday, February 15th. This represents a $0.68 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend is Thursday, January 12th. This is an increase from Hormel Foods Corporation's previous quarterly dividend of $0.15.

When did Hormel Foods Corporation's stock split? How did Hormel Foods Corporation's stock split work?

Hormel Foods Corporation's stock split on Wednesday, February 10th 2016. The 2-1 split was announced on Wednesday, November 25th 2015. The newly created shares were issued to shareholders after the closing bell on Tuesday, February 9th 2016. An investor that had 100 shares of Hormel Foods Corporation stock prior to the split would have 200 shares after the split.

Where is Hormel Foods Corporation's stock going? Where will Hormel Foods Corporation's stock price be in 2017?

8 brokers have issued 12-month price objectives for Hormel Foods Corporation's shares. Their predictions range from $38.00 to $45.00. On average, they expect Hormel Foods Corporation's stock price to reach $40.17 in the next twelve months.

When will Hormel Foods Corporation announce their earnings?

Hormel Foods Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

What are analysts saying about Hormel Foods Corporation stock?

Here are some recent quotes from research analysts about Hormel Foods Corporation stock:

  • According to Zacks Investment Research, "Over the last three months, Hormel Foods’ shares have outperformed the Zacks Categorized Food-Meat Products industry. Higher sales from Grocery Products, Jennie-O Turkey and Refrigerated Foods segments are expected to boost the company’s near term revenues. While, increased revenues and lower input costs would likely widen profitability going forward. Moreover, meaningful acquisitions and sale of certain business arms are likely to stimulate the four growth pillars of Hormel Foods. The company is also rewarding its shareholders with consecutive dividend increment plans. Over the last 60 days, Zacks Consensus Estimate for the stock has marginally moved north by 0.6% to $1.71 per share for fiscal 2018." (2/14/2017)

  • Credit Suisse Group analysts commented, "We are maintaining our FY 17 EPS estimate of $1.72. Our estimate for 10% EPS growth in FY 18 indicates our conviction that the benefit to Hormel’s value-added products from higher raw material availability (even if it comes from third parties) outweighs the negative from lower fresh pork margins as new industry capacity comes on-line." (11/23/2016)

Who owns Hormel Foods Corporation stock?

Hormel Foods Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (2.94%), AQR Capital Management LLC (0.42%), Guggenheim Capital LLC (0.30%), Dimensional Fund Advisors LP (0.21%), Credit Agricole S A (0.20%) and Renaissance Technologies LLC (0.18%). Company insiders that own Hormel Foods Corporation stock include Brian Dean Johnson, Bryan D Farnsworth, Dakota A Pippins, Deanna T Brady, Donald H Kremin, Elsa A Murano, Glenn R Leitch, James M Splinter, James N Sheehan, Jeffrey M Ettinger, Jody H Feragen, Larry L Vorpahl, Nick Demare, Robert Nakasone, Roland G Gentzler, Steven G Binder and Thomas R Day.

Who sold Hormel Foods Corporation stock? Who is selling Hormel Foods Corporation stock?

Hormel Foods Corporation's stock was sold by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Allianz Asset Management AG, Tudor Investment Corp Et Al, Alyeska Investment Group L.P., State Street Corp, Guggenheim Capital LLC, AQR Capital Management LLC and Marshall Wace LLP. Company insiders that have sold Hormel Foods Corporation stock in the last year include Brian Dean Johnson, Bryan D Farnsworth, Dakota A Pippins, Deanna T Brady, Donald H Kremin, Elsa A Murano, Glenn R Leitch, James M Splinter, James N Sheehan, Larry L Vorpahl, Robert Nakasone, Steven G Binder and Thomas R Day.

Who bought Hormel Foods Corporation stock? Who is buying Hormel Foods Corporation stock?

Hormel Foods Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Stelliam Investment Management LP, Asset Management One Co. Ltd., Elkfork Partners LLC, Westwood Holdings Group Inc., Flinton Capital Management LLC, Summit Global Investments and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main.

How do I buy Hormel Foods Corporation stock?

Shares of Hormel Foods Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Hormel Foods Corporation stock cost?

One share of Hormel Foods Corporation stock can currently be purchased for approximately $34.66.

Hormel Foods Corporation (NYSE:HRL) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Hormel Foods Corporation (NYSE:HRL)

Earnings History Chart

Earnings by Quarter for Hormel Foods Corporation (NYSE:HRL)

Dividend History Chart

Dividend Payments by Quarter for Hormel Foods Corporation (NYSE:HRL)

Last Updated on 2/24/2017 by MarketBeat.com Staff