<div id="readability-page-1"><p>Hormel Foods Corporation (NYSE:HRL - Get Free Report) has received a consensus recommendation of &#34;Hold&#34; from the ten research firms that are  covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, five have issued  a hold rating and three have issued  a buy rating on  the company. The average 12-month price target among brokers that have covered the stock in the last year is $28.2857.</p><ul><li>Hormel Stock Near Lows, But Tariff Relief Could Boost Outlook</li></ul><p>HRL has been the topic of a number of recent analyst reports. Bank of America upped their price target on shares of Hormel Foods from $25.00 to $26.00 and gave the company a &#34;neutral&#34; rating in a research note on Friday, December 5th. JPMorgan Chase &amp; Co. raised their target price on Hormel Foods from $27.00 to $28.00 and gave the stock an &#34;overweight&#34; rating in a research note on Friday, December 5th. The Goldman Sachs Group  set a $27.00 price objective on Hormel Foods and gave the company a &#34;buy&#34; rating in a report on Thursday, October 30th. Weiss Ratings  reaffirmed a &#34;sell (d+)&#34; rating on shares of Hormel Foods in a report on Wednesday, October 8th. Finally, Piper Sandler  reiterated a &#34;neutral&#34; rating and issued a $26.00 price target (up previously from $25.00) on shares of Hormel Foods in a report on Friday, December 5th.</p><p><b>Get Our Latest Analysis on Hormel Foods</b></p><h2>Hormel Foods Stock Performance</h2><ul><li>4 Stocks With +3% Yields and 50+ Years of Dividend Increases</li></ul><p>Hormel Foods stock opened at $23.65 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.47 and a quick ratio of 1.20. The firm has a market capitalization of $13.01 billion, a P/E ratio of 27.19, a price-to-earnings-growth ratio of 2.40 and a beta of 0.33. Hormel Foods has a 1-year low of $21.03 and a 1-year high of $32.07. The company's 50-day moving average is $23.09 and its 200 day moving average is $26.28. </p><p>Hormel Foods (NYSE:HRL - Get Free Report) last announced its quarterly earnings data on Thursday, December 4th. The company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.02. The company had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.24 billion. Hormel Foods had a net margin of 3.95% and a return on equity of 9.41%. The firm's revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted $0.42 EPS. Hormel Foods has set its FY 2026 guidance at 1.430-1.51 EPS.  Research analysts forecast that  Hormel Foods will post 1.65 EPS for the current year. </p><h2>Hormel Foods Increases Dividend</h2><ul><li>Savor Steady Dividends With These 2 High-Yield Value Stocks</li></ul><p>The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, January 12th will be issued a dividend of $0.2925 per share. This is a positive change from Hormel Foods's previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Monday, January 12th. This represents a $1.17 annualized dividend and a dividend yield of 4.9%. Hormel Foods's payout ratio is presently 133.33%. </p><h2>Institutional Inflows and Outflows</h2><p>A number of large investors have recently modified their holdings of HRL. Shell Asset Management Co. raised its holdings in  Hormel Foods by 94.7% in the second quarter. Shell Asset Management Co. now owns 47,390 shares of the company's stock valued at $1,434,000 after acquiring an additional 23,046 shares in the last quarter.  Machina Capital S.A.S. bought a new position in shares of  Hormel Foods during the second quarter valued at approximately $820,000.  Nordea Investment Management AB increased its position in  Hormel Foods by 48.3% in the second quarter. Nordea Investment Management AB now owns 40,492 shares of the company's stock worth $1,218,000 after buying an additional 13,188 shares during the period.  UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in  Hormel Foods by 2.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,123,392 shares of the company's stock valued at $65,698,000 after purchasing an additional 52,736 shares during the period.  Finally, Franklin Resources Inc. raised its stake in  Hormel Foods by 67.4% during the 2nd quarter. Franklin Resources Inc. now owns 296,782 shares of the company's stock valued at $8,978,000 after acquiring an additional 119,460 shares in the last quarter. Institutional investors and hedge funds own  40.99% of the company's stock. </p><h2>About Hormel Foods</h2> (Get Free Report)<p>Hormel Foods Corporation is a global branded foods company primarily engaged in the production, marketing and distribution of value-added, high-quality meat and food products. The company's portfolio spans a range of categories including refrigerated and frozen meats, pantry staples, specialty foods and shelf-stable items. Through manufacturing facilities located across North America and international markets, Hormel Foods supplies retail grocers, foodservice operators, convenience stores and e-commerce platforms.  </p><p>Among its best-known brands, Hormel Foods produces SPAM® canned meats, Jennie-O® turkey products, Skippy® peanut butter and Applegate® natural and organic meats.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Hormel Foods</li><li>Stock Market Upgrades: What Are They?</li><li>These 3 Banks Are Rallying Into Year-End, But Will It Continue?</li><li>2 Rising CRM Platform Stocks That Can Surge Higher in 2025 </li><li>3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&amp;P 500</li><li>Ride Out The Recession With These Dividend Kings </li><li>This ETF Caught a Major Tailwind After the Fed’s Rate Cut</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhSTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhSTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Hormel Foods Right Now?</h2><p>Before you consider Hormel Foods, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hormel Foods wasn't on the list.</p><p>While Hormel Foods currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Hormel Foods Corporation (NYSE:HRL) has received a consensus "Hold" recommendation from ten research firms. Analysts' ratings include two "sell," five "hold," and three "buy." The average 12-month price target is $28.29. Recent analyst reports have adjusted price targets, with Bank of America and JPMorgan Chase & Co. raising theirs. Hormel's stock opened at $23.65, with a market cap of $13.01 billion. The company reported quarterly earnings of $0.32 per share, beating estimates. Hormel also announced a dividend increase, with a yield of 4.9%. Institutional investors have modified their holdings.</p>

Hormel Foods Corporation (NYSE:HRL) Receives Consensus Recommendation of "Hold" from Brokerages