StockNYSE · US · USDConsumer Defensive · Packaged Foods
$HRL
HORMEL FOODS CORP /DE/
Hormel Foods develops, processes, and distributes meat, nut, and other food products for consumers and foodservice customers. Its products include brands such as Planters, SPAM, Jennie-O, Skippy, Applegate, Wholly, and Hormel Black Label. The company operates three reportable segments: Retail, Foodservice, and International. Retail sells primarily through U.S. retail channels, including grocery stores and e-commerce providers, and includes results from its MegaMex Foods joint venture. Foodservice serves distributors and operators in restaurants, hospitality, healthcare, schools, universities, and convenience stores. International sells through retail and foodservice channels and includes international joint ventures, investments, royalty arrangements, and operations in China and Brazil. Hormel Foods makes money by processing, marketing, and selling food products, as well as through international royalty arrangements. It sells products in all 50 U.S. states and in international markets. The company is headquartered in Austin, Minnesota.
The Gates Foundation Trust's Q2 2026 13F filing shows a $34.4B portfolio across 24 U.S. stocks, with Berkshire Hathaway as the top holding after Microsoft's exit. The endowment grew to $92B by June 2026. The Trust reduced Berkshire and Waste Management shares but added Home Depot. The foundation plans to spend its endowment by 2045.
PepsiCo (PEP) and Hormel (HRL) are under scrutiny as long-term investments. PEP closed at $141.34, offering a 4.19% dividend yield, while HRL closed at $21.95 with a 5.33% yield. PEP reported Q3 2026 revenue of $25.27B, up 5.6%, and adjusted EPS of $2.34. HRL reported Q3 net sales of $2.96B, down 2%, and adjusted EPS of $0.37. Both face challenges but offer dividend growth histories.
A federal court in Denver ruled that the U.S. Department of Justice (DOJ) cannot participate in a fairness hearing for settlements in an antitrust class action against 15 meat processors. The court held that only class members can object to settlements, and non-parties like the DOJ lack standing unless the settlement causes 'plain legal prejudice.' The DOJ argued the settlements were inadequate as they lacked injunctive relief against future wage fixing.
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HRL sentiment & insider activity
Over the past 7 days, AlphAI's AI scored 5 news stories mentioning HRL (HORMEL FOODS CORP /DE/). Coverage has skewed bullish: 2 bullish, 3 neutral, and 0 bearish.
Recent HRL coverage spans financial news, earnings and regulation.
AlphAI scores every news story that mentions HRL with an AI model for sentiment and relevance, and aggregates insider trades from HORMEL FOODS CORP /DE/'s SEC EDGAR Form 4 filings. Figures refresh continuously.
The Gates Foundation Trust's Q2 2026 13F filing shows a $34.4B portfolio across 24 U.S. stocks, with Berkshire Hathaway as the top holding after Microsoft's exit. The endowment grew to $92B by June 2026. The Trust reduced Berkshire and Waste Management shares but added Home Depot. The foundation plans to spend its endowment by 2045.
PepsiCo (PEP) and Hormel (HRL) are under scrutiny as long-term investments. PEP closed at $141.34, offering a 4.19% dividend yield, while HRL closed at $21.95 with a 5.33% yield. PEP reported Q3 2026 revenue of $25.27B, up 5.6%, and adjusted EPS of $2.34. HRL reported Q3 net sales of $2.96B, down 2%, and adjusted EPS of $0.37. Both face challenges but offer dividend growth histories.
A federal court in Denver ruled that the U.S. Department of Justice (DOJ) cannot participate in a fairness hearing for settlements in an antitrust class action against 15 meat processors. The court held that only class members can object to settlements, and non-parties like the DOJ lack standing unless the settlement causes 'plain legal prejudice.' The DOJ argued the settlements were inadequate as they lacked injunctive relief against future wage fixing.
Five consumer goods companies have seen their stocks fall over 50% from record highs: Hormel Foods (HRL) is acquiring Brakebush Brothers for $1.055B, Helen of Troy (HELE) raised earnings guidance, Energizer Holdings (ENR) is focusing on auto care, Freshpet (FRPT) is expanding refrigerator placements, and Yeti Holdings (YETI) aims to grow its bag business. Each company is making strategic moves despite market downturns.
PepsiCo (PEP), Hormel Foods (HRL), and Stanley Black & Decker (SWK) are trading below historical valuations, offering higher yields. PEP trades at 17x earnings vs. 23x average. HRL yields 5.09%, trades at 16x earnings. SWK yields 2.80%, trades at 20x guidance midpoint. All maintain dividend growth and safety.
Hormel Foods (HRL) will release its Q4 and full-year earnings on Dec. 3, 2026, and discuss its fiscal 2027 outlook. The company, with over $12 billion in annual revenue, will host a conference call at 8 a.m. CT. Key executives, including the CEO and CFO, will participate.
Hormel Foods (HRL) closed at $21.28 on October 30, offering a 5.5% dividend yield. The company has increased its dividend for 60 consecutive years, with the latest raise being 1%. Hormel's payout ratio is about 77% to 81% of adjusted earnings and 82% of free cash flow. The company faces revenue declines and input cost challenges but maintains a strong cash position. Management prioritizes the dividend, but future growth may be limited.
Hormel Foods agreed to acquire Brakebush Brothers, a family-owned chicken processor, for $1.055 billion. Brakebush reported $1.2 billion in trailing-12-month sales. The deal is expected to close in early 2027, pending regulatory approval. The acquisition highlights trends in the food manufacturing sector, where companies face choices between growth, specialization, or being acquired. Other recent deals include Commercial Bakeries' acquisition of Partners, a cracker manufacturer.
HORMEL FOODS CORP /DE/ (HRL) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . Hormel Foods Corporation (the “Company”) previously announced that, effective October 26, 2026, John F. Ghingo would comme
Six pork producers, including Tyson and Hormel, agreed to an $117M settlement over price-fixing allegations. Consumers who bought pork products between 2014 and 2018 may claim cash payments by Oct. 29, 2026, pending court approval. Payment amounts depend on claim volume, according to the settlement website.