Analyst upgraded Hormel Foods from Neutral to Overweight and set a new price target of $34.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/20/2025 | $34.00 | Neutral → Overweight | Analyst |
| 6/23/2025 | $35.00 | Buy | Goldman |
| 5/27/2025 | $30.00 | Underperform → Neutral | BNP Paribas Exane |
| 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 |
8-K - HORMEL FOODS CORP /DE/ (0000048465) (Filer)
10-Q - HORMEL FOODS CORP /DE/ (0000048465) (Filer)
8-K - HORMEL FOODS CORP /DE/ (0000048465) (Filer)
Analyst upgraded Hormel Foods from Neutral to Overweight and set a new price target of $34.00
Goldman initiated coverage of Hormel Foods with a rating of Buy and set a new price target of $35.00
BNP Paribas Exane upgraded Hormel Foods from Underperform to Neutral and set a new price target of $30.00
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
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)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
AUSTIN, Minn., Oct. 29, 2025 /PRNewswire/ -- Leadership Appointment Hormel Foods Corporation (NYSE:HRL) today announced the appointment of Paul Kuehneman as interim chief financial officer and controller, effective October 27, 2025. He will report to Jeff Ettinger, interim chief executive officer, and is accountable for the Company's accounting, finance, treasury, and internal controls functions. With more than 30 years of business and finance experience at Hormel Foods, Kuehneman has held a variety of leadership roles, including director of internal audit, vice president and
Justin's® Branded Business to Become a Standalone Company AUSTIN, Minn., and GREENWICH, Conn., Oct. 28, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, and Forward Consumer Partners ("Forward"), a private investment firm focused on branded consumer products, are pleased to announce they have signed a definitive agreement to establish a new strategic partnership. The transaction is expected to close by the end of the calendar year. This partnership enables the Justin's® branded business, which includes category-leading products such as nut butters and USDA-certified organic chocolate treats, to once again become a standalone company, owned
Fans can try this limited-edition flavor and participate in the #OnEverythingChallenge via Instagram AUSTIN, Minn., Oct. 28, 2025 /PRNewswire/ -- Two flavor powerhouses, HORMEL® BLACK LABEL® bacon and Frank's RedHot®, have joined forces to ignite taste buds with a bold new limited-edition product – HORMEL® BLACK LABEL® Frank's RedHot® flavored bacon. Available now for a limited time, each hardwood-smoked strip is crafted to deliver crispy perfection layered with savory depth and a bold burst of heat that fans of both brands will instantly recognize and crave. "This sizzling c
AUSTIN, Minn., Oct. 29, 2025 /PRNewswire/ -- Leadership Appointment Hormel Foods Corporation (NYSE:HRL) today announced the appointment of Paul Kuehneman as interim chief financial officer and controller, effective October 27, 2025. He will report to Jeff Ettinger, interim chief executive officer, and is accountable for the Company's accounting, finance, treasury, and internal controls functions. With more than 30 years of business and finance experience at Hormel Foods, Kuehneman has held a variety of leadership roles, including director of internal audit, vice president and
Justin's® Branded Business to Become a Standalone Company AUSTIN, Minn., and GREENWICH, Conn., Oct. 28, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, and Forward Consumer Partners ("Forward"), a private investment firm focused on branded consumer products, are pleased to announce they have signed a definitive agreement to establish a new strategic partnership. The transaction is expected to close by the end of the calendar year. This partnership enables the Justin's® branded business, which includes category-leading products such as nut butters and USDA-certified organic chocolate treats, to once again become a standalone company, owned
Oversized and unforgettable – PLANTERS® limited-edition peanuts return for the nuttiest day of the year and holiday season ahead AUSTIN, Minn., Oct. 22, 2025 /PRNewswire/ -- Back by popular demand and available beginning today, Oct. 22, on National Nut Day, the PLANTERS® brand is reintroducing PLANTERS® Special Reserve peanuts. With their debut last holiday season, this limited-edition peanut is crafted for the refined palate of true peanut connoisseurs and arrives just in time for holiday gifting. Grown on a small acreage in Virginia's sun-soaked fields, PLANTERS® Special Res
Aakre extends his service to the company by joining Hormel Foods board of directors AUSTIN, Minn., May 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced that Scott Aakre, group vice president and chief marketing officer for Retail, will retire at the end of the company's fiscal 2025 after 35 years of distinguished service. His responsibilities will be transitioned internally. The company also announced that Aakre, who serves on The Hormel Foundation board, was appointed to the Hormel Foods board of directors, effective May 15, 2025, enabling the company to continue benefiting from his expertise.
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.