Hormel Foods stock (March 2026) | Growth, Valuation & Analysis

Hormel Foods

NYSE:HRL

$ 22,85

$-0,20 (-0,87%)

22,85 $

$-0,20 (-0,87%)

End-of-day quote: 03/26/2026

Hormel Foods Stock Value

The current analyst rating for NYSE:HRL is Outperform.

Outperform

Hormel Foods Company Info

EPS Growth 5Y

-3,77%

Market Cap

$12,57 B

Long-Term Debt

$2,83 B

Short Interest

3,90%

Quarterly earnings

05/27/2026 (E)

Dividend

$1,16

Dividend Yield

5,08%

Founded

1891

Industry

Consumer Staples

Country

United States

ISIN Number

US4404521001

Website

http://www.hormelfoods.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$27,50

20.35%

Last Update: 03/27/2026

Analysts: 8

Highest Price Target $30,00

Average Price Target $27,50

Lowest Price Target $26,00

In the last five quarters, Hormel Foods’s Price Target has fallen from $36,79 to $31,71 - a -13,81% decrease. Nine analysts predict that Hormel Foods’s share price will increase in the coming year, reaching $27,50. This would represent an increase of 20,35%.

Top growth stocks in the consumer staples sector (5Y.)

What does Hormel Foods do?

Hormel Foods Corporation operates as a processor of meat and food products. The company engages in the manufacturing and distribution of branded, value-added consumer items rather than commodity fresh meat products. Segments The company operates through three segments: Retail, Foodservice, and International. Retail The Retail segment consists primarily of the processing, marketing, and sale of food products sold predominantly in the retail market in the United States. This segment also inclu...

Segments

The company operates through three segments: Retail, Foodservice, and International.

Retail

The Retail segment consists primarily of the processing, marketing, and sale of food products sold predominantly in the retail market in the United States. This segment also includes the results from the company’s MegaMex Foods, LLC joint venture.

Foodservice

The Foodservice segment consists primarily of the processing, marketing, and sale of food products for foodservice, convenience store, and commercial customers located in the United States.

International

The International segment processes, markets, and sells company products internationally. This segment also includes the results from the company’s international joint ventures, international equity method investments, and international royalty arrangements.

Products and Distribution

The company develops, processes, and distributes a wide array of food products in a variety of markets and manufactures its products through various processing facilities and trusted co-manufacturers. The company’s products primarily consist of meat, nuts, and other food products sold across multiple distribution channels, such as United States (U.S.) retail, U.S. foodservice, and internationally.

The company sells its products in all 50 U.S. states. The company’s products are sold through its sales personnel, who operate in assigned territories or in dedicated teams serving major customers and who are coordinated from sales offices predominately located in major U.S. cities. The sales team is also responsible for the product portfolio of MegaMex Foods, LLC (MegaMex Foods), a U.S. based Mexican food company, of which the company owns a minority interest. Additionally, the company utilizes independent brokers and distributors. Products are primarily distributed by common carrier.

The company has a global presence within several major international markets, including Australia, Brazil, Canada, China, England, Indonesia, Japan, Mexico, the Philippines, Singapore, and South Korea. Distribution of export sales to customers is by third party carriers, while the China and Brazil operations also rely on company-owned and operated delivery systems. The company has licensed companies to manufacture various products internationally on a royalty basis. The company also has minority positions in food companies in the Philippines (The Purefoods-Hormel Company, Inc., 40 percent holding) and Indonesia (PT Garudafood Putra Putri Jaya Tbk (Garudafood), approximately 30 percent holding).

Customers

The company serves many customers throughout the world across various sales channels. Sales to the company’s largest customer, Walmart Inc. and its subsidiaries (Walmart), accounted for approximately 16 percent of consolidated gross sales less returns and allowances during fiscal 2024. Walmart is a customer for the company’s Retail and International segments. The company’s top five customers collectively represented approximately 37 percent of consolidated gross sales less returns and allowances during fiscal 2024.

Patents and Trademarks

The company holds 22 U.S. and eight foreign patents. Most of the trademarks the company uses are registered in the U.S. and other countries. Some of the more significant owned or licensed trademarks used by the company or its affiliates are:

HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI’S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN’S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN’S, LA VICTORIA, LAYOUT, LLOYD’S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER’S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY.

The company’s patents expire after a term that is typically 20 years from the date of filing, with earlier expiration possible based on the company’s decision whether to pay required maintenance fees. As long as the company continues to use its trademarks, they are renewed indefinitely.

Research and Development

The company's research and development expenses were $36.1 million for the year ended October 27, 2024.

History

The company was founded in 1891. It was incorporated in Delaware in 1928. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in 1995.

Hormel Foods Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Processed meat products: approx. 45% - Fresh meat products: approx. 30% - International products: approx. 15% - Other food products: approx. 10% **TOP 3 markets and their percentage shares:** - USA: approx. 75% - China: approx. 10% - Mexico: approx. 5% Hormel...

At which locations are the company’s products manufactured?

**Production Sites:** USA, China, Brazil Hormel Foods Corporation mainly produces its products in the United States, where it operates numerous production facilities. Additionally, the company also has international production sites, particularly in China and Brazil, to better serve the global mark...

What strategy does Hormel Foods pursue for future growth?

**Revenue Growth:** Estimated 3-5% annually (2025) Hormel Foods Corporation pursues a strategy based on diversification and innovation to secure future growth. The company is increasingly focusing on developing new products, especially in the plant-based protein sector, to meet changing consumer pr...

Which raw materials are imported and from which countries?

**Main raw materials:** Pork, poultry, beef, turkey **Main importing countries:** Canada, Mexico, Brazil Hormel Foods Corporation is heavily reliant on the procurement of meat products, especially pork, poultry, and beef. These raw materials are sourced both locally and internationally. Canada and...

How strong is the company’s competitive advantage?

**Market share:** 5% in the US processed meat market (2024, estimate) **EBIT margin:** 11.5% (2024) **R&D expenses:** 1.8% of revenue (2024) Hormel Foods Corporation has a solid competitive advantage that consists of several factors. The 5% market share in the US processed meat market demonstra...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Approx. 45% (estimated for 2025 based on historical data) **Insider Buys/Sells:** No significant transactions in the last year (estimated) The institutional investor share in Hormel Foods Corporation traditionally ranges between 40% and 50%. These investors includ...

What percentage market share does Hormel Foods have?

**Market share of Hormel Foods:** Estimate 8-10% (2025) **Top competitors and their market shares:** 1. **Tyson Foods:** Estimate 20-22% 2. **JBS S.A.:** Estimate 18-20% 3. **Cargill:** Estimate 15-17% 4. **Smithfield Foods:** Estimate 10-12% 5. **Hormel Foods:** Estimate 8-10% 6. **Conagra Brands:...

Is Hormel Foods stock currently a good investment?

**Revenue Growth:** 3.5% (2024) **Profit Growth:** 4.2% (2024) **Dividend Growth:** 5% (2024) Hormel Foods Corporation recorded a moderate revenue growth of 3.5% in 2024, indicating stable demand for its products and effective cost control. The profit growth of 4.2% shows that the company is able t...

Does Hormel Foods pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.5% (2025, estimated) **Dividend Growth:** 6% annually (average over the last 5 years) **Payout Ratio:** 55% (2024, estimated) Hormel Foods Corporation has a long history of dividend payments and is known for its reliability in distribution. The company has been consistentl...

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Hormel Foods Stock Value

Hormel Foods Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer staples sector (5Y.)

What does Hormel Foods do?

Hormel Foods Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Hormel Foods Stock Value

Hormel Foods Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the consumer staples sector (5Y.)

What does Hormel Foods do?

Hormel Foods Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.