Hormel Foods (HRL) News Today → The only financial event in 2024 that matters (From Porter & Company) (Ad) Free HRL Stock Alerts $30.98 +0.19 (+0.62%) (As of 05/31/2024 ET) Add Compare Share Share HeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street The Wall Street Journal Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative June 2 at 4:30 AM | americanbankingnews.comStephens Reiterates "Equal Weight" Rating for Hormel Foods (NYSE:HRL)June 2 at 1:34 AM | americanbankingnews.comHormel Foods Co. (NYSE:HRL) Receives $31.00 Consensus Target Price from AnalystsJune 1 at 5:51 PM | marketbeat.comMarketBeat Week in Review – 5/27 - 5/31 (HRL)Markets closed the week quietly after a sharp sell-off; however, the market is likely to remain volatile as several key economic reports are on deckJune 1 at 9:59 AM | americanbankingnews.comHormel Foods (NYSE:HRL) Issues Earnings Results, Beats Expectations By $0.02 EPSJune 1 at 9:09 AM | americanbankingnews.comHormel Foods (NYSE:HRL) Shares Down 8.5% June 1 at 8:34 AM | americanbankingnews.comHormel Foods (NYSE:HRL) Price Target Lowered to $33.00 at CitigroupJune 1 at 7:26 AM | americanbankingnews.comHormel Foods (NYSE:HRL) Upgraded by JPMorgan Chase & Co. to "Neutral"June 1 at 7:07 AM | marketbeat.comHormel Foods Q2 Earnings TranscriptJune 1 at 5:56 AM | marketbeat.com25,886 Shares in Hormel Foods Co. (NYSE:HRL) Bought by Advisory Services Network LLCAdvisory Services Network LLC bought a new stake in Hormel Foods Co. (NYSE:HRL - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 25,886 shares of the company's stock, valued at approximately $831,May 31 at 8:05 PM | gurufocus.comQ2 2024 Hormel Foods Corp Earnings Call TranscriptMay 31 at 12:16 PM | marketbeat.comHormel Foods (NYSE:HRL) Rating Reiterated by StephensStephens restated an "equal weight" rating and set a $32.00 price target on shares of Hormel Foods in a research note on Friday.May 31 at 8:26 AM | marketbeat.comFocus Financial Network Inc. ADV Takes Position in Hormel Foods Co. (NYSE:HRL)Focus Financial Network Inc. ADV purchased a new stake in shares of Hormel Foods Co. (NYSE:HRL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 31,789 shares of the company's stock, valuedMay 31 at 8:17 AM | marketbeat.comHormel Foods (NYSE:HRL) Upgraded to Neutral at JPMorgan Chase & Co.JPMorgan Chase & Co. upgraded shares of Hormel Foods from an "underweight" rating to a "neutral" rating and boosted their price objective for the stock from $28.00 to $29.00 in a report on Friday.May 31 at 7:35 AM | marketbeat.comHormel: A Potential Buy Despite Post-Earnings DeclineHormel Foods Corporation NYSE: HRL stock investors are living the expression that what goes up must come down. HRL stock is down 8.8% in midday trading after the company posted mixed earnings.May 31 at 7:35 AM | marketbeat.comHormel: A Potential Buy Despite Post-Earnings DeclineHormel stock is down sharply after a mixed earnings report, however, long-term investors can still cash in on the company's high-yield dividendMay 30 at 12:53 PM | marketbeat.comHormel Foods (NYSE:HRL) Stock Price Down 8.5%Hormel Foods (NYSE:HRL) Shares Down 8.5%May 30 at 9:39 AM | marketbeat.comStifel Financial Corp Boosts Stake in Hormel Foods Co. (NYSE:HRL)Stifel Financial Corp boosted its stake in Hormel Foods Co. (NYSE:HRL - Free Report) by 5.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,654,609 shares of the company's stock after buying an addiMay 30 at 9:37 AM | marketbeat.comHormel Foods (NYSE:HRL) Releases FY24 Earnings GuidanceHormel Foods (NYSE:HRL) updated its FY24 earnings guidance. The company provided EPS guidance of $1.55-1.65 for the period, compared to the consensus estimate of $1.58. The company also issued revenue guidance of $12.2-12.5 billionillion, compared to the consensus estimate of $12.25 billionillion.May 30 at 9:21 AM | seekingalpha.comHormel Foods Corporation 2024 Q2 - Results - Earnings Call PresentationMay 30 at 8:29 AM | marketbeat.comHormel Foods (NYSE:HRL) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPSHormel Foods (NYSE:HRL - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.02. The firm had revenue of $2.89 billion for the quarter, compared to analysts' expectations of $2.97 billion. Hormel Foods had a net margin of 6.55% and a return on equity of 11.51%. The business's revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.40 EPS.May 30 at 6:30 AM | prnewswire.comHORMEL FOODS REPORTS SECOND QUARTER FISCAL 2024 RESULTSMay 30 at 1:37 AM | marketbeat.comHormel Foods Co. (NYSE:HRL) Given Average Recommendation of "Reduce" by AnalystsShares of Hormel Foods Co. (NYSE:HRL - Get Free Report) have been given a consensus rating of "Reduce" by the five analysts that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The aveMay 29, 2024 | prnewswire.comHormel Foods Welcomes Largest-Ever Class of Inspired Summer InternsMay 29, 2024 | prnewswire.comThe Makers of the WHOLLY® GUACAMOLE Brand Introduce Extra Chunky Restaurant Style GuacamoleMay 28, 2024 | marketbeat.comNorges Bank Invests $62.32 Million in Hormel Foods Co. (NYSE:HRL)Norges Bank acquired a new position in shares of Hormel Foods Co. (NYSE:HRL - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,940,908 shares of the company's stock, valued at approximately $62,323,000. Norges BaMay 27, 2024 | marketbeat.comTrexquant Investment LP Decreases Stock Position in Hormel Foods Co. (NYSE:HRL)Trexquant Investment LP cut its holdings in Hormel Foods Co. (NYSE:HRL - Free Report) by 81.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 55,035 shares of the company's stock after selling 249,565 shares during the quarter. Trexquant IMay 26, 2024 | marketbeat.comIntech Investment Management LLC Trims Position in Hormel Foods Co. (NYSE:HRL)Intech Investment Management LLC decreased its position in shares of Hormel Foods Co. (NYSE:HRL - Free Report) by 18.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 212,600 shares of the company's stock after selling 49,433 shares during the period. IMay 25, 2024 | marketbeat.comDimensional Fund Advisors LP Has $78.68 Million Holdings in Hormel Foods Co. (NYSE:HRL)Dimensional Fund Advisors LP raised its position in shares of Hormel Foods Co. (NYSE:HRL - Free Report) by 2.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,450,447 shares of the company's stock after purchasing an additional 56,189 shares during the quaMay 24, 2024 | investorplace.comDon't Panic. 3 Stocks to Own When Things Get UglyMay 23, 2024 | marketbeat.comMark Sheptoff Financial Planning LLC Sells 71,002 Shares of Hormel Foods Co. (NYSE:HRL)Mark Sheptoff Financial Planning LLC trimmed its position in Hormel Foods Co. (NYSE:HRL - Free Report) by 67.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,035 shares of the company's stock after selling 71,May 23, 2024 | fool.com3 Dividend Stocks to Double Up on Right NowMay 23, 2024 | americanbankingnews.comHormel Foods (HRL) to Release Quarterly Earnings on ThursdayMay 22, 2024 | markets.businessinsider.comHormel Foods: Overvalued and Underperforming – A Sell Rating AnalysisMay 21, 2024 | marketbeat.comDynamic Technology Lab Private Ltd Makes New $1.05 Million Investment in Hormel Foods Co. (NYSE:HRL)Dynamic Technology Lab Private Ltd purchased a new stake in Hormel Foods Co. (NYSE:HRL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 32,747 shares of the company's stock, valued at approximately $1,052,000.May 21, 2024 | investorplace.comContrarian Bets: 3 Stocks Wall Street Hates That You Should LoveMay 20, 2024 | marketbeat.comHormel Foods Co. (NYSE:HRL) Shares Acquired by Aigen Investment Management LPAigen Investment Management LP increased its holdings in shares of Hormel Foods Co. (NYSE:HRL - Free Report) by 699.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 61,195 shares of the company's stock after acquiring anMay 20, 2024 | marketbeat.comHormel Foods Co. (NYSE:HRL) Plans $0.28 Quarterly DividendHormel Foods Co. (NYSE:HRL) announced a quarterly dividend on Monday, May 20th. Investors of record on Monday, July 15th will be given a dividend of 0.2825 per share on Thursday, August 15th. This represents a $1.13 dividend on an annualized basis and a yield of 3.07%.May 20, 2024 | prnewswire.comHormel Foods Corporation Declares Quarterly DividendMay 19, 2024 | marketbeat.comKingsview Wealth Management LLC Buys New Position in Hormel Foods Co. (NYSE:HRL)Kingsview Wealth Management LLC bought a new stake in Hormel Foods Co. (NYSE:HRL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 40,528 shares of the company's stock, valued at approximately $May 18, 2024 | marketbeat.comHormel Foods Co. (NYSE:HRL) Holdings Boosted by Mizuho Markets Americas LLCMizuho Markets Americas LLC boosted its position in shares of Hormel Foods Co. (NYSE:HRL - Free Report) by 75.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 146,090 shares of the company's stock after purchasing an additMay 18, 2024 | fool.comI Wouldn't Touch This Stock With a 10-Foot Pole: Here's What I'd Buy InsteadMay 17, 2024 | marketbeat.comCharles Schwab Investment Management Inc. Raises Holdings in Hormel Foods Co. (NYSE:HRL)Charles Schwab Investment Management Inc. grew its holdings in Hormel Foods Co. (NYSE:HRL - Free Report) by 2.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,674,310 shares of the company's stock after buying an addiMay 16, 2024 | prnewswire.comMegaMex Foods Debuts HERDEZ® Quemada Charred SalsasMay 16, 2024 | marketbeat.comInternational Assets Investment Management LLC Makes New Investment in Hormel Foods Co. (NYSE:HRL)International Assets Investment Management LLC acquired a new stake in shares of Hormel Foods Co. (NYSE:HRL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,377 shares of the companyMay 15, 2024 | finance.yahoo.comIconic SKIPPY® Peanut Butter Brand Makes Long-Awaited Return to CanadaMay 15, 2024 | marketbeat.comHormel Foods Co. (NYSE:HRL) Shares Sold by BNP Paribas Financial MarketsBNP Paribas Financial Markets trimmed its stake in shares of Hormel Foods Co. (NYSE:HRL - Free Report) by 42.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 534,764 shares of the company's stock afteMay 14, 2024 | marketbeat.comJump Financial LLC Increases Holdings in Hormel Foods Co. (NYSE:HRL)Jump Financial LLC lifted its position in Hormel Foods Co. (NYSE:HRL - Free Report) by 1,170.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,300 shares of the company's stock after purchasing an additionaMay 13, 2024 | marketbeat.comPrincipal Financial Group Inc. Sells 264,339 Shares of Hormel Foods Co. (NYSE:HRL)Principal Financial Group Inc. decreased its holdings in shares of Hormel Foods Co. (NYSE:HRL - Free Report) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,095,616 shares of the company's stock after sellingMay 12, 2024 | investorplace.com3 S&P 500 Stocks to Sell in May Before They Crash & BurnMay 11, 2024 | marketbeat.comQsemble Capital Management LP Purchases Shares of 36,767 Hormel Foods Co. (NYSE:HRL)Qsemble Capital Management LP purchased a new stake in Hormel Foods Co. (NYSE:HRL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 36,767 shares of the company's stock, valued at approximately $1,181,000. Other in Get Hormel Foods News Delivered to You Automatically Sign up to receive the latest news and ratings for HRL and its competitors with MarketBeat's FREE daily newsletter. Email Address Dems have chosen Biden replacement? (Ad)On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election. See who it is HERE. HRL Media Mentions By Week HRL Media SentimentLearn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. HRL News Sentiment▼0.660.70▲Average Consumer Staples News Sentiment HRL News CoverageLearn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. HRL Articles This Week▼319▲HRL Articles Average Week Get Hormel Foods News Delivered to You Automatically Sign up to receive the latest news and ratings for HRL and its competitors with MarketBeat's FREE daily newsletter. 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