Hormel Foods upgraded by BofA Securities with a new price target
$HRL
Meat/Poultry/Fish
Consumer Staples
BofA Securities upgraded Hormel Foods from Underperform to Neutral and set a new price target of $35.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/15/2025 | $35.00 | Underperform → Neutral | BofA Securities |
| 10/21/2024 | $28.00 | Underperform | Exane BNP Paribas |
| 10/3/2024 | $31.00 | Equal-Weight | Stephens |
| 8/13/2024 | $33.00 → $37.00 | Neutral → Buy | Citigroup |
| 5/31/2024 | $28.00 → $29.00 | Underweight → Neutral | JP Morgan |
| 2/1/2024 | $31.00 | Neutral | Citigroup |
| 3/30/2023 | Buy → Hold | Argus | |
| 3/3/2023 | $47.00 → $38.00 | Neutral → Underweight | JP Morgan |
144 - HORMEL FOODS CORP /DE/ (0000048465) (Subject)
8-K - HORMEL FOODS CORP /DE/ (0000048465) (Filer)
8-K - HORMEL FOODS CORP /DE/ (0000048465) (Filer)
HERDEZ® Al Pastor Seasoned Shredded Pork with Sauce offers a delicious blend of bold spices ORANGE, Calif., April 24, 2025 /PRNewswire/ -- The makers of the HERDEZ® brand are expanding their HERDEZ® Mexican Refrigerated Entrées line with the addition of a classic pork dish celebrated for its bold, savory flavor: Al Pastor. The all-new HERDEZ® Al Pastor Seasoned Shredded Pork with Sauce, featuring tender, seasoned shredded pork simmered in a rich, flavorful sauce, brings delectable notes to every bite — with limited prep required. This new variety includes tender shredded pork,
AUSTIN, Minn., April 7, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, announced today that Steve Lykken, group vice president of supply chain, will be leaving the company to pursue another opportunity. Kevin Myers, PhD, has been appointed interim group vice president of supply chain. Myers joined Hormel Foods in 2001 as a research scientist and has since taken on roles of increasing responsibility. In 2015, he was appointed senior vice president of research & development and quality control, overseeing product development,
Spicy flavors, regional varieties and homestyle ingredients are increasingly popular as pizza enthusiasts seek novelty, nostalgia AUSTIN, Minn., March 27, 2025 /PRNewswire/ -- Straight from the sizzling scene of the 2025 International Pizza Expo in Las Vegas, Hormel Foods — maker of the best-selling retail pepperoni in the United States and a market leader in foodservice pizza toppings — is dishing out its freshest take on the pizza industry's hottest trends. Logan Kumm and Daniel Moore, both Foodservice brand managers at Hormel Foods, have years of combined expertise in the p
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
BofA Securities upgraded Hormel Foods from Underperform to Neutral and set a new price target of $35.00
Exane BNP Paribas initiated coverage of Hormel Foods with a rating of Underperform and set a new price target of $28.00
Stephens resumed coverage of Hormel Foods with a rating of Equal-Weight and set a new price target of $31.00
SC 13G/A - HORMEL FOODS CORP /DE/ (0000048465) (Subject)
SC 13G/A - HORMEL FOODS CORP /DE/ (0000048465) (Subject)
SC 13G/A - HORMEL FOODS CORP /DE/ (0000048465) (Subject)
HERDEZ® Al Pastor Seasoned Shredded Pork with Sauce offers a delicious blend of bold spices ORANGE, Calif., April 24, 2025 /PRNewswire/ -- The makers of the HERDEZ® brand are expanding their HERDEZ® Mexican Refrigerated Entrées line with the addition of a classic pork dish celebrated for its bold, savory flavor: Al Pastor. The all-new HERDEZ® Al Pastor Seasoned Shredded Pork with Sauce, featuring tender, seasoned shredded pork simmered in a rich, flavorful sauce, brings delectable notes to every bite — with limited prep required. This new variety includes tender shredded pork,
AUSTIN, Minn., April 7, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, announced today that Steve Lykken, group vice president of supply chain, will be leaving the company to pursue another opportunity. Kevin Myers, PhD, has been appointed interim group vice president of supply chain. Myers joined Hormel Foods in 2001 as a research scientist and has since taken on roles of increasing responsibility. In 2015, he was appointed senior vice president of research & development and quality control, overseeing product development,
Spicy flavors, regional varieties and homestyle ingredients are increasingly popular as pizza enthusiasts seek novelty, nostalgia AUSTIN, Minn., March 27, 2025 /PRNewswire/ -- Straight from the sizzling scene of the 2025 International Pizza Expo in Las Vegas, Hormel Foods — maker of the best-selling retail pepperoni in the United States and a market leader in foodservice pizza toppings — is dishing out its freshest take on the pizza industry's hottest trends. Logan Kumm and Daniel Moore, both Foodservice brand managers at Hormel Foods, have years of combined expertise in the p
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
AUSTIN, Minn., March 20, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, announced today that Jeffrey M. Ettinger, chairman of The Hormel Foundation, has been re-appointed to the Hormel Foods Board of Directors, effective March 21, 2025. The Hormel Foundation, an unaffiliated non-profit organization with a charitable mission, beneficially owns approximately 46% of Hormel Foods outstanding common stock. Ettinger previously served on the Hormel Foods Board of Directors and spent nearly three decades with the company, retiring in 2016 after a successful tenure as president and chief executive officer.
AUSTIN, Minn., Jan. 30, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced the upcoming retirement of Mark Ourada, group vice president, Foodservice, following 37 years of dedicated service and leadership. Throughout his nearly four-decade-long career with the company, Ourada has played an active role in the successful development and evolution of the $3.8 billion Foodservice business segment. He was also instrumental in the PLANTERS® brand integration and helped the company drive focus and growth in the convenience store channel.
AUSTIN, Minn., Jan. 20, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, announced the upcoming retirement of Brian Johnson, vice president and corporate secretary. "Throughout his 30-year career at Hormel Foods, Brian has been a trusted advisor to me, our executives and our Board of Directors," said Jim Snee, chairman of the board, president, and chief executive officer at Hormel Foods. "Brian has earned tremendous respect internally, externally, and with our Board of Directors, for his expertise, sound judgment, integrity a