HORMEL FOODS CORP /DE/
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No SEC Form 4 filings for $HRL in the last 30 days.
See all $HRL insider activity →In Q3 2026, Hormel agreed to buy Brakebush for $1.055B, JBS proposed taking full ownership of Pilgrim’s Pride, and Intersnack acquired Utz for $2.9B. Hain Celestial and Keurig Dr Pepper sold assets to reduce debt. Kroger agreed to buy Giant Eagle for $1.65B.
S&P Global and Moody’s downgraded Hormel Foods' credit ratings after its $1.055B acquisition of Brakebush Brothers. S&P cited increased leverage, while Moody’s noted execution risks. Both agencies see long-term benefits but warn of potential further downgrades if leverage isn't reduced.
Hormel Foods (HRL) agreed to acquire Brakebush Brothers, a chicken company, for $1.055B. The deal, expected to close in Q1 2027, aims to boost Hormel's foodservice segment and expand its presence in value-added chicken. Brakebush generated $1.2B in net sales over the last 12 months.
Over the past 7 days, AlphAI's AI scored 12 news stories mentioning HRL (HORMEL FOODS CORP /DE/). Coverage has skewed bullish: 9 bullish, 0 neutral, and 3 bearish.
Recent HRL coverage spans financial news, mergers & acquisitions and corporate actions.
Deal adds value‑added chicken capacity and should boost Hormel earnings per share starting FY2028.
The downgrade and higher leverage are expected to weigh on HRL's share price.
The acquisition is expected to be accretive to adjusted EPS by FY2028 and expand Hormel's foodservice platform.
Potential dividend sustainability concerns may pressure HRL price.
Higher guidance supports the dividend and may limit downside, but modest raise suggests limited upside.
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.
In Q3 2026, Hormel agreed to buy Brakebush for $1.055B, JBS proposed taking full ownership of Pilgrim’s Pride, and Intersnack acquired Utz for $2.9B. Hain Celestial and Keurig Dr Pepper sold assets to reduce debt. Kroger agreed to buy Giant Eagle for $1.65B.
3 min readS&P Global and Moody’s downgraded Hormel Foods' credit ratings after its $1.055B acquisition of Brakebush Brothers. S&P cited increased leverage, while Moody’s noted execution risks. Both agencies see long-term benefits but warn of potential further downgrades if leverage isn't reduced.
2 min readHormel Foods (HRL) agreed to acquire Brakebush Brothers, a chicken company, for $1.055B. The deal, expected to close in Q1 2027, aims to boost Hormel's foodservice segment and expand its presence in value-added chicken. Brakebush generated $1.2B in net sales over the last 12 months.
2 min readHormel Foods (HRL) and General Mills (GIS) both paid dividends exceeding net income. Hormel's cash flow barely covers dividends and capex, with shares down 17.6%. General Mills' loss was due to non-cash charges, with strong cash flow supporting dividends. Investors should monitor Hormel's cash flow recovery and General Mills' cash generation.
2 min readHormel (HRL) confirmed 60 years of dividend increases, but its latest raise was just 1%. Shares have lost 41% over five years. Adjusted EPS guidance of $1.45-$1.51 covers the $1.17 annualized payout. McCormick (MKC) and Kraft Heinz (KHC) follow different dividend strategies. Hormel's yield is 5.62%, supported by cash generation.
2 min readConsumers who bought pork products in the U.S. between 2014 and 2018 may claim a share of an $117M antitrust settlement. Defendants include Tyson Foods, Hormel, and others, who deny wrongdoing. Settlements range from $4.1M to $85M. Claims must be filed by 2026.
2 min readHormel Foods (HRL) launched SPAM Hot Honey as a permanent flavor, partnering with Win Son Bakery for menu items and merchandise. The move aims to boost consumer engagement and brand relevance. Analysts expect 16.3% annual earnings growth, but margins remain compressed at 2.8%. The company targets $12.9B revenue and $865.7M earnings by 2029. Investors focus on financial reporting and margin recovery under new Chief Accounting Officer Paul Kuehneman.
2 min readPepsiCo, Hormel, and Knorr are launching spicy food and beverage products. Circana and Innova Market Insights report growing consumer demand for spicy and adventurous flavors. Knorr partnered with Hot Ones for limited-edition products. PepsiCo's Mountain Dew collaborated with Trolli for a sweet and spicy drink. Hormel introduced Hot Honey Spam and partnered with Win Son Bakery.
2 min readHershey (HSY) named Dave Hulays CFO, replacing Steve Voskuil. Smucker (SJM) elected Jeff Varcoe as SVP of science. Sodexo appointed Jérôme Lemouchoux as Greater China GM. Hormel (HRL) named Paul Kuehneman chief accounting officer. Protein2o, a private company, appointed Mark Rappaport CEO and secured growth investment.
2 min readS&P Global Ratings revised Hormel Foods' outlook to negative from stable, citing high leverage at 1.8x, above expectations. The firm forecasts modest improvement to 1.7x in 2027 and 1.6x in 2028. Hormel's EBITDA margins have fallen to under 11% due to rising input costs and operational issues. The company is divesting lower-margin assets, but S&P notes these have not significantly reduced debt. A lower rating is possible if leverage does not improve.
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