17-Apr-2025
Hormel Foods (HRL) Receives a Buy from Barclays
TipRanks (Mon, 14-Apr 3:38 AM ET)
Hormel Foods Announces Leadership Change in Supply Chain
PRNewswire (Mon, 7-Apr 5:30 PM ET)
Pizza Experts at Hormel Foods Unveil 2025 Trends Forecast
PRNewswire (Thu, 27-Mar 10:18 AM ET)
Hormel Foods Corporation Declares Quarterly Dividend
PRNewswire (Mon, 24-Mar 6:00 PM ET)
Hormel Foods Appoints Jeff Ettinger to Board of Directors
PRNewswire (Thu, 20-Mar 4:30 PM ET)
Hormel Foods Announces Retail Leadership Elevations
PRNewswire (Tue, 18-Mar 4:30 PM ET)
PRNewswire (Mon, 10-Mar 7:00 AM ET)
Business Wire (Wed, 5-Mar 9:05 AM ET)
PRNewswire (Wed, 5-Mar 8:00 AM ET)
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
Hormel Foods trades on the NYSE stock market under the symbol HRL.
As of April 17, 2025, HRL stock price climbed to $30.58 with 2,276,159 million shares trading.
HRL has a beta of -0.01, meaning it tends to be less sensitive to market movements. HRL has a correlation of 0.00 to the broad based SPY ETF.
HRL has a market cap of $16.82 billion. This is considered a Large Cap stock.
Last quarter Hormel Foods reported $3 billion in Revenue and $.35 earnings per share. This beat revenue expectation by $59 million and missed earnings estimates by -$.03.
In the last 3 years, HRL traded as high as $55.11 and as low as $27.59.
The top ETF exchange traded funds that HRL belongs to (by Net Assets): VTI, VOO, VO, NOBL, RSP.
HRL has underperformed the market in the last year with a return of -6.2%, while SPY returned +6.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in HRL shares. However, HRL has outperformed the market in the last 3 month and 2 week periods, returning +3.3% and +0.8%, while SPY returned -10.7% and -6.8%, respectively. This indicates HRL has been having a stronger performance recently.
HRL support price is $29.63 and resistance is $30.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HRL shares will trade within this expected range on the day.