Hormel Foods Corporation (HRL)

Hormel Foods' stock has experienced fluctuations. As of February 6, 2026, the stock price was $24.93, reflecting an 11.59% increase over the preceding 30 days, but a 14.56% decline over the past 12 months. In August 2025, the company reported its fiscal third-quarter results, which saw disappointing earnings due to a steep rise in commodity input costs, leading to a significant drop in the stock price. In December 2025, Hormel Foods reported its fourth-quarter and full-year fiscal 2025 results, with net sales exceeding $12 billion, but profit was challenged by higher commodity input costs and supply chain impacts. Analysts have a "Buy" consensus rating for HRL, with an average price target of $28.

Demand for Hormel Foods' products exhibits some seasonality, particularly around holidays. The holiday season is a key period for many of its strategic brands, such as Jennie-O turkey products, which experience increased demand around Thanksgiving. Planters also engages in promotional activities, such as the NUTmobile tour, which is scheduled to hit the road in June.

Hormel Foods Corporation is a global manufacturer and marketer of consumer-branded meat and food products, operating within the Consumer Staples sector. The company's portfolio focuses on value-added protein brands and serves retail, foodservice, and wholesale operations, structured into Retail, Foodservice, and International segments. Major products and brands include Planters, Skippy, SPAM, Hormel Natural Choice, Applegate, Justin's, Wholly, Hormel Black Label, Columbus, Jennie-O, Dinty Moore, and Corn Nuts, offering a range of perishable and shelf-stable products.

Hormel Foods is a global company with annual revenue exceeding $12 billion, and its products are sold in over 80 countries worldwide. Key international markets include Australia, Brazil, Canada, China, England, Japan, South Korea, and the Philippines.

Hormel Foods has maintained a strong brand reputation, receiving accolades for its corporate responsibility and marketing efforts. In December 2025, the company was named to Fast Company's "2025 Brands That Matter" list. The company has also been recognized as one of the best companies to work for by U.S. News & World Report, one of America's most responsible companies by Newsweek, and on Fast Company's list of the 100 Best Workplaces for Innovators. Additionally, Hormel Foods received a perfect score of 100 on the 2023–24 Corporate Equality Index.

The Hormel Foundation is the largest shareholder, holding approximately 46.62% to 47% of the company's total shares. Major institutional owners include Vanguard Group Inc., State Street Corp., and BlackRock, Inc. Institutional investors hold approximately 43% of the company's shares, while the general public owns about 9.75%.