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HRL

HRL - Hormel Foods Corp Stock Price, Fair Value and News

34.38USD+0.34 (+1.00%)Market Closed

Market Summary

HRL
USD34.38+0.34
Market Closed
1.00%

HRL Alerts

  • 4 major insider sales recently.

HRL Stock Price

View Fullscreen

HRL RSI Chart

HRL Valuation

Market Cap

18.8B

Price/Earnings (Trailing)

23.66

Price/Sales (Trailing)

1.55

EV/EBITDA

15.29

Price/Free Cashflow

19.43

HRL Price/Sales (Trailing)

HRL Profitability

EBT Margin

8.39%

Return on Equity

10.13%

Return on Assets

5.88%

Free Cashflow Yield

5.15%

HRL Fundamentals

HRL Revenue

Revenue (TTM)

12.1B

Rev. Growth (Yr)

0.87%

Rev. Growth (Qtr)

-6.29%

HRL Earnings

Earnings (TTM)

794.7M

Earnings Growth (Yr)

0.53%

Earnings Growth (Qtr)

11.7%

Breaking Down HRL Revenue

Last 7 days

-1.6%

Last 30 days

-0.3%

Last 90 days

12.2%

Trailing 12 Months

-13.7%

How does HRL drawdown profile look like?

HRL Financial Health

Current Ratio

1.49

Debt/Equity

0.3

Debt/Cashflow

0.53

HRL Investor Care

Dividend Yield

3.22%

Dividend/Share (TTM)

1.11

Shares Dilution (1Y)

0.12%

Diluted EPS (TTM)

1.46

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202412.1B000
202312.4B12.3B12.2B12.1B
202212.0B12.5B12.6B12.5B
20219.7B9.9B10.4B11.4B
20209.5B9.6B9.7B9.6B
20199.6B9.6B9.5B9.5B
20189.2B9.4B9.5B9.5B
20179.5B9.4B9.3B9.2B
20169.2B9.2B9.3B9.5B
20159.5B9.5B9.4B9.3B
20148.9B9.0B9.1B9.3B
20138.3B8.4B8.6B8.8B
20128.0B8.1B8.2B8.2B
20117.4B7.7B7.9B7.9B
20106.7B6.9B7.0B7.2B
2009006.6B6.5B
20080006.8B
Get all data in R, Python etc through our Historical Stock Data APIs
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Tracking the Latest Insider Buys and Sells of Hormel Foods Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 02, 2024
ourada mark j
acquired
364,044
26.38
13,800
group vice president
Apr 02, 2024
ourada mark j
sold
-489,900
35.5
-13,800
group vice president
Apr 02, 2024
murano elsa a
sold
-151,068
35.132
-4,300
-
Mar 31, 2024
policinski christopher j.
acquired
56,437
34.89
1,617
-
Mar 31, 2024
newlands william a
acquired
38,062
34.89
1,090
-
Mar 31, 2024
bhojwani gary c
acquired
60,375
34.89
1,730
-
Mar 31, 2024
white steven andrew
acquired
60,375
34.89
1,730
-
Mar 28, 2024
myers kevin l
sold
-349,500
34.95
-10,000
senior vice president
Mar 28, 2024
coffey mark a
acquired
406,252
26.38
15,400
group vice president
Mar 28, 2024
coffey mark a
sold
-539,055
35.0036
-15,400
group vice president

1–10 of 50

Which funds bought or sold HRL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
Hennion & Walsh Asset Management, Inc.
reduced
-54.74
-263,475
254,941
 0.01%
Apr 17, 2024
Iron Horse Wealth Management, LLC
reduced
-3.24
2,343
47,939
 0.02%
Apr 17, 2024
Investment Research & Advisory Group, Inc.
unchanged
-
2,024
25,400
 0.01%
Apr 17, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
added
9.3
365,000
848,000
 0.03%
Apr 17, 2024
Coston, McIsaac & Partners
added
0.59
10,000
118,000
 0.04%
Apr 17, 2024
HARTFORD INVESTMENT MANAGEMENT CO
reduced
-4.17
25,872
653,141
 0.02%
Apr 16, 2024
TSFG, LLC
unchanged
-
-
5,000
 -%
Apr 16, 2024
Asset Dedication, LLC
reduced
-98.68
-1,080,000
16,000
 -%
Apr 16, 2024
Arlington Trust Co LLC
sold off
-100
-706
-
 -%
Apr 16, 2024
VOISARD ASSET MANAGEMENT GROUP, INC.
added
1.03
1,513
17,082
 0.01%

1–10 of 48

Are Funds Buying or Selling HRL?

Are funds buying HRL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HRL
No. of Funds

HRL Alerts

Unveiling Hormel Foods Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 07, 2024
blackrock inc.
4.96%
27,196,327
SC 13G/A
Feb 13, 2024
vanguard group inc
6.36%
34,806,061
SC 13G/A
Jan 31, 2024
blackrock inc.
5.1%
27,721,216
SC 13G/A
Feb 09, 2023
vanguard group inc
6.49%
35,456,214
SC 13G/A
Feb 01, 2023
blackrock inc.
5.3%
29,202,867
SC 13G/A
Jan 31, 2023
state street corp
4.80%
26,203,621
SC 13G/A
Jan 24, 2023
hormel foundation
46.95%
256,433,116
SC 13G/A
Feb 14, 2022
state street corp
5.43%
29,458,291
SC 13G/A
Feb 10, 2022
vanguard group inc
6.07%
32,953,376
SC 13G/A
Feb 01, 2022
blackrock inc.
5.3%
28,688,282
SC 13G/A

Recent SEC filings of Hormel Foods Corp

View All Filings
Date Filed Form Type Document
Apr 08, 2024
144
Notice of Insider Sale Intent
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 02, 2024
144
Notice of Insider Sale Intent
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading

Peers (Alternatives to Hormel Foods Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ADM
31.5B
93.9B
 1.15% -24.67%
9.04
0.34
 -7.50% -19.75%
BG
15.5B
61.3B
 9.00% 10.14%
7.7
0.25
 -8.91% 30.43%
CAG
14.5B
12.1B
 5.20% -18.71%
15.25
1.2
 -0.78% 18.26%
CPB
13.0B
9.3B
 0.30% -19.42%
17.01
1.41
 1.02% -5.78%
ACI
11.8B
79.2B
 -1.30% -2.20%
8.68
0.15
 3.12% -18.15%
MID-CAP
BRBR
7.1B
1.7B
 -10.86% 54.77%
42.95
4.09
 21.49% 39.64%
FLO
5.1B
5.1B
 4.98% -11.03%
41.02
0.99
 5.93% -45.96%
FRPT
5.0B
766.9M
 -4.80% 66.59%
-149.13
6.54
 28.82% 43.50%
CALM
2.9B
2.4B
 -2.54% 4.65%
10.46
1.21
 -22.17% -63.60%
CENT
2.6B
3.3B
 -6.24% 35.61%
19.55
0.79
 0.37% -0.15%
SMALL-CAP
ANDE
1.9B
14.8B
 2.57% 28.16%
18.84
0.13
 -14.86% -22.80%
BGS
831.8M
2.1B
 -0.66% -30.51%
-12.57
0.4
 -4.65% -482.22%
BYND
414.6M
343.4M
 -19.47% -56.86%
-1.23
1.21
 -18.04% 7.65%
ALCO
203.7M
106.3M
 -5.61% 9.95%
4.25
1.92
 34.67% 5930.90%
AQB
6.7M
2.5M
 -19.07% 200.00%
-0.24
2.71
 -21.18% -24.37%

Hormel Foods Corp News

Latest updates
MarketWatch • 9 hours ago
Hormel Foods Corp. stock rises Thursday, outperforms market
MarketBeat • 30 hours ago
Tandem Investment Advisors Inc. Sells 78,149 Shares of Hormel Foods Co. (NYSE:HRL)
Defense World • 16 Apr 2024 • 10:05 am
Nisa Investment Advisors LLC Raises Stock Holdings in Hormel Foods Co. (NYSE:HRL)
MarketWatch • 15 Apr 2024 • 09:11 pm
Hormel Foods Corp. stock falls Monday, still outperforms market
Simply Wall St • 22 Mar 2024 • 07:00 am
Hormel Foods Corporation's (NYSE:HRL) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
The Motley Fool • 29 Feb 2024 • 08:00 am
Why Hormel Foods Stock Popped Today
Yahoo Finance • 29 Feb 2024 • 08:00 am
Why Are Hormel Foods (HRL) Shares Soaring Today
Hormel Foods • 2 months ago
Hormel Foods To Hold Virtual Annual Meeting of Stockholders
Yahoo Finance • 3 months ago
Here's Why Hormel Foods (HRL) Dropped More Than 15% in 3 Months
Investopedia • 4 months ago
Hormel Shares Hit 8-Year Low Amid Drop in Retail Division, China Market

Hormel Foods Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-6.3%2,9973,1982,9632,9782,9713,2833,0343,0973,0443,4552,8642,6072,4612,4202,3812,4222,3842,5022,2912,3452,360
Gross Profit-1.1%509514498491496566506553539578423476450458422477468494433469488
  S&GA Expenses11.0%240217291212222206222225226230226200196191181194196184180170194
EBITDA Margin0.3%0.11*0.11*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.13*0.13*0.13*0.14*0.14*0.14*0.14*0.15*0.14*0.14*0.14*
Interest Expenses-0.2%18.0018.0018.0018.0018.0018.0016.0015.0015.0016.0012.008.008.008.006.003.004.003.003.006.006.00
Income Taxes32.8%67.0050.0045.0062.0064.0077.0071.0060.0069.0070.0027.0065.0055.0044.0056.0059.0047.0068.0062.0035.0065.00
Earnings Before Taxes16.2%286246208279281357290322309352204293277279259286290324261318307
EBT Margin0.2%0.08*0.08*0.09*0.10*0.10*0.10*0.10*0.10*0.10*0.10*0.10*0.11*0.11*0.12*0.12*0.12*0.13*0.13*0.13*0.13*0.12*
Net Income11.7%219196163217218280219262240282177228222234203228243256199282241
Net Income Margin-0.1%0.07*0.07*0.07*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.08*0.09*0.09*0.09*0.10*0.10*0.10*0.10*0.10*0.10*0.10*
Free Cashflow64.1%35721723915516728212511533447123.00110165109242280130210141130148
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.5%13,51313,44913,42713,31613,28313,30713,14013,12212,82712,69612,3329,8899,9589,9089,6008,3958,2908,1097,9557,9368,155
  Current Assets2.1%3,3673,2973,2553,1633,1953,6373,4033,3743,0932,9482,6893,5143,6023,5793,4102,2492,3952,3612,2462,2512,101
    Cash Equivalents30.8%9637376695806009828508628246142911,4851,7521,7141,729606724673560639513
  Inventory-6.1%1,5781,6801,7381,7461,7301,7161,6791,5971,3861,3691,4271,2291,0871,0739821,0491,0571,0421,1091,031994
  Net PPE------------------1,6291,5161,4951,484
  Goodwill0.1%4,9314,9284,9324,9304,9284,9264,9294,9364,9284,9294,9072,6142,6182,6132,6162,6832,4842,4822,4872,4872,717
  Current Liabilities-2.2%2,2612,3122,3211,3051,3731,4731,4201,4811,4151,4161,2511,1751,4171,5041,4271,3251,0231,1051,0731,0521,436
  Long Term Debt-0.1%2,3572,3592,3603,2943,2933,2913,2943,2943,3093,3153,3161,0401,0431,0451,04757.00309250250250250
    LT Debt, Current0.4%9549519479.009.009.009.008.009.009.009.009.002592592592588.00---375
    LT Debt, Non Current-0.1%2,3572,3592,3603,2943,2933,2913,2943,2943,3093,3153,3161,0401,0431,0451,04757.00309250250250250
Shareholder's Equity1.4%7,8447,7357,7137,6927,6197,5407,3677,3457,1066,9786,7946,7066,5566,4306,2726,1666,0965,9265,8915,9025,706
  Retained Earnings0.9%7,5577,4937,4487,4357,3817,3137,1777,1016,9806,8826,7446,6996,6056,5236,4156,3376,2476,1285,9846,0045,856
  Additional Paid-In Capital4.6%530506499488477469459452378360354319299290277265231185170164130
Accumulated Depreciation------------------1,7261,6991,6781,647
Shares Outstanding0.1%547546546546546545544544543541541540540538537538535535535535534
Minority Interest8.7%4.004.005.005.005.005.005.006.006.005.005.005.005.005.004.004.004.004.004.004.004.00
Float----11,661---15,096---13,101---13,086---11,073-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations26.6%403,980319,091317,002208,125203,629371,820186,046193,355383,756564,14876,527155,573205,686249,938329,796359,872188,418350,084207,319178,168187,425
  Share Based Compensation41.9%4,4443,1315,03410,7105,2024,0104,56510,0406,3284,4314,4798,0537,7813,2693,7246,1679,2983,0003,1935,5687,946
Cashflow From Investing52.3%-48,154-101,055-77,421-59,599-451,469-86,210-46,016-76,131-49,680-95,519-3,443,064-47,955-39,301-150,276-82,905-362,631-60,504-134,788-69,886426,506-1,679
Cashflow From Financing10.5%-133,365-149,087-144,238-165,169-141,570-142,221-140,462-79,982-124,019-143,3852,172,364-373,705-134,754-117,820872,723-110,816-77,915-100,294-215,478-481,573-128,899
  Dividend Payments-0.1%150,294150,372149,944150,599142,017141,916141,860141,154132,909132,908132,419132,271125,516125,373125,253124,501112,249112,082112,684112,162100,125
  Buy Backs----------10,305-8168,837--12,360--106,62422,81344,809

HRL Income Statement

2024-01-28
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 28, 2024
Jan. 29, 2023
Income Statement [Abstract]  
Net Sales$ 2,996,911$ 2,970,992
Cost of Products Sold2,488,1782,475,043
Gross Profit508,733495,949
Selling, General, and Administrative240,386222,056
Equity in Earnings of Affiliates16,09115,559
Operating Income284,438289,452
Interest and Investment Income19,43410,096
Interest Expense18,32618,347
Earnings Before Income Taxes285,547281,201
Provision for Income Taxes66,81863,551
Net Earnings218,729217,651
Less: Net Earnings (Loss) Attributable to Noncontrolling Interest(134)(69)
Net Earnings Attributable to Hormel Foods Corporation$ 218,863$ 217,719
Net Earnings Per Share  
Basic (in dollars per share)$ 0.40$ 0.40
Diluted (in dollars per share)$ 0.40$ 0.40
Weighted-average Shares Outstanding  
Basic (in shares)547,020546,384
Diluted (in shares)547,920550,031

HRL Balance Sheet

2024-01-28
CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Jan. 28, 2024
Oct. 29, 2023
Assets  
Cash and Cash Equivalents$ 963,212$ 736,532
Short-term Marketable Securities18,71216,664
Accounts Receivable (Net of Allowance for Doubtful Accounts of $3,651 at January 28, 2024, and $3,557 at October 29, 2023)751,048817,391
Inventories1,578,1911,680,406
Prepaid Expenses and Other Current Assets56,00146,256
Total Current Assets3,367,1643,297,249
Goodwill4,931,2574,928,464
Other Intangibles1,753,1561,757,171
Pension Assets200,113204,697
Investments in Affiliates728,146725,121
Other Assets377,623370,252
Property, Plant, and Equipment  
Land75,00074,626
Buildings1,464,8111,458,354
Equipment2,781,2582,781,730
Construction in Progress215,086195,665
Less: Allowance for Depreciation(2,380,631)(2,344,557)
Net Property, Plant, and Equipment2,155,5242,165,818
Total Assets13,512,98313,448,772
Liabilities and Shareholders’ Investment  
Accounts Payable and Accrued Expenses744,116823,076
Accrued Marketing Expenses101,92887,452
Employee-related Expenses212,719263,330
Interest and Dividends Payable162,452172,178
Taxes Payable85,53315,212
Current Maturities of Long-term Debt954,031950,529
Total Current Liabilities2,260,7792,311,776
Long-term Debt Less Current Maturities2,357,1762,358,719
Pension and Post-retirement Benefits352,709349,268
Deferred Income Taxes500,581498,106
Other Long-term Liabilities193,172191,917
Shareholders’ Investment  
Preferred Stock00
Additional Paid-in Capital529,715506,179
Accumulated Other Comprehensive Loss(250,783)(272,252)
Retained Earnings7,557,1577,492,952
Hormel Foods Corporation Shareholders’ Investment7,844,1117,734,885
Noncontrolling Interest4,4554,100
Total Shareholders’ Investment7,848,5667,738,985
Total Liabilities and Shareholders’ Investment13,512,98313,448,772
Common Stock, Nonvoting  
Shareholders’ Investment  
Common Stock00
Common Stock  
Shareholders’ Investment  
Common Stock$ 8,021$ 8,007

About Hormel Foods Corp

HRL
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
 CEO
 WEBSITEhormelfoods.com
 INDUSTRYPackaged Foods
 EMPLOYEES20000

Hormel Foods Corp Frequently Asked Questions

What is the ticker symbol for Hormel Foods Corp? What does HRL stand for in stocks?

HRL is the stock ticker symbol of Hormel Foods Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Hormel Foods Corp (HRL)?

As of Thu Apr 18 2024, market cap of Hormel Foods Corp is 18.81 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HRL stock?

You can check HRL's fair value in chart for subscribers.

What is the fair value of HRL stock?

You can check HRL's fair value in chart for subscribers. The fair value of Hormel Foods Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Hormel Foods Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HRL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Hormel Foods Corp a good stock to buy?

The fair value guage provides a quick view whether HRL is over valued or under valued. Whether Hormel Foods Corp is cheap or expensive depends on the assumptions which impact Hormel Foods Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HRL.

What is Hormel Foods Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, HRL's PE ratio (Price to Earnings) is 23.66 and Price to Sales (PS) ratio is 1.55. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HRL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Hormel Foods Corp's stock?

In the past 10 years, Hormel Foods Corp has provided 0.054 (multiply by 100 for percentage) rate of return.