Hormel Foods (NYSE:HRL) Price Target Raised to $27.00 at Stephens

Hormel Foods (NYSE:HRL) had its target price raised by equities research analysts at Stephens from $25.00 to $27.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Stephens’ price objective would suggest a potential upside of 5.04% from the stock’s previous close.

Several other research firms have also recently weighed in on HRL. Piper Sandler reiterated a “neutral” rating and set a $26.00 price objective (up from $25.00) on shares of Hormel Foods in a research report on Friday, December 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Hormel Foods in a report on Thursday, January 22nd. JPMorgan Chase & Co. boosted their price objective on Hormel Foods from $27.00 to $28.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Zacks Research raised Hormel Foods from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded Hormel Foods from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Hormel Foods presently has an average rating of “Hold” and a consensus price target of $27.71.

Hormel Foods Trading Up 3.6%

NYSE HRL traded up $0.89 on Friday, reaching $25.71. The company had a trading volume of 1,489,477 shares, compared to its average volume of 4,894,936. The firm has a market cap of $14.14 billion, a price-to-earnings ratio of 29.55, a P/E/G ratio of 2.57 and a beta of 0.33. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.47 and a quick ratio of 1.20. Hormel Foods has a fifty-two week low of $21.03 and a fifty-two week high of $32.07. The business has a 50 day moving average of $24.20 and a two-hundred day moving average of $24.36.

Hormel Foods (NYSE:HRL) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. Hormel Foods had a return on equity of 9.41% and a net margin of 3.95%.The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.07 billion. During the same quarter in the previous year, the company posted $0.35 EPS. The business’s revenue was up 1.3% on a year-over-year basis. Hormel Foods has set its FY 2026 guidance at 1.430-1.510 EPS. Analysts forecast that Hormel Foods will post 1.65 EPS for the current year.

Institutional Trading of Hormel Foods

Hedge funds and other institutional investors have recently bought and sold shares of the business. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of Hormel Foods by 5.0% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 8,967 shares of the company’s stock valued at $213,000 after buying an additional 431 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in Hormel Foods by 0.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 55,180 shares of the company’s stock valued at $1,308,000 after acquiring an additional 437 shares in the last quarter. Advisory Alpha LLC boosted its stake in Hormel Foods by 2.9% during the 4th quarter. Advisory Alpha LLC now owns 15,477 shares of the company’s stock valued at $367,000 after purchasing an additional 440 shares during the last quarter. Vermillion Wealth Management Inc. increased its holdings in Hormel Foods by 1.7% during the 4th quarter. Vermillion Wealth Management Inc. now owns 25,944 shares of the company’s stock worth $615,000 after purchasing an additional 441 shares in the last quarter. Finally, SBI Securities Co. Ltd. boosted its position in shares of Hormel Foods by 6.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 8,583 shares of the company’s stock valued at $203,000 after buying an additional 483 shares during the last quarter. Institutional investors own 40.99% of the company’s stock.

Trending Headlines about Hormel Foods

Here are the key news stories impacting Hormel Foods this week:

• Positive Sentiment: Q1 adjusted EPS topped expectations ($0.34 vs. ~$0.32) and management reported improving profitability and foodservice/international strength, supporting upside to near‑term earnings sentiment. Hormel Foods Q1 Earnings Beat Estimates, Sales Increase Y/Y
• Positive Sentiment: Management’s turnaround messaging and early signs of margin improvement are being highlighted by the press as traction amid ongoing headwinds, which supports investor confidence in execution. Hormel’s Turnaround Gains Traction in Face of Continued Headwinds
• Neutral Sentiment: Company updated FY‑2026 guidance (EPS range and revenue band) and reiterated its plan; the range overlaps consensus but is not a clear beat, so guidance is viewed as mixed context for valuation. HORMEL FOODS REPORTS FIRST-QUARTER FISCAL 2026 RESULTS
• Neutral Sentiment: Analysts and outlets are re‑examining HRL’s valuation after the quarter and portfolio moves; some see opportunity while longer‑term growth expectations remain under scrutiny. A Look At Hormel Foods (HRL) Valuation After Guidance Hike And Portfolio Reshaping
• Negative Sentiment: Total revenue missed estimates ($3.03B vs. ~$3.07B) as U.S. retail demand softened — a clear near‑term headwind that offsets some of the foodservice/international strength. Hormel misses quarterly sales estimates on weak retail demand
• Negative Sentiment: Independent analysis highlights weak multi‑year total return relative to peers (Dividend King status notwithstanding), raising concerns about longer‑term shareholder value and yield attractiveness. Hormel: Hope Feels Canned Like The Ham

About Hormel Foods

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.

Among its best-known brands, Hormel Foods produces SPAM® canned meats, Jennie-O® turkey products, Skippy® peanut butter and Applegate® natural and organic meats.