JP Morgan reiterated coverage on Hormel Foods with a new price target
$HRL
Meat/Poultry/Fish
Consumer Staples
JP Morgan reiterated coverage of Hormel Foods with a rating of Neutral and set a new price target of $48.00 from $46.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 3/15/2022 | $44.00 | Neutral → Sell | Goldman |
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
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
AUSTIN, Minn., March 24, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by the Board of Directors at 29.00 cents ($0.2900) a share on March 24, 2025, will be paid May 15, 2025, to stockholders of record at the close of business on April 14, 2025. The May 15 payment will be the 387th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interrupt
AUSTIN, Minn., March 18, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced leadership advancements for its Retail business segment. Scott Weisenbeck has been promoted to vice president of marketing – Retail. Scott has been instrumental in driving growth and innovation in the bacon category and will take on an expanded role, bringing his expertise to a broader portfolio of brands.Joe O'Connor has been promoted to vice president of Emerging Brands – Retail. Joe's deep understanding of the premium consumer base, g
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
Citigroup upgraded Hormel Foods from Neutral to Buy and set a new price target of $37.00 from $33.00 previously
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)
144 - HORMEL FOODS CORP /DE/ (0000048465) (Subject)
8-K - HORMEL FOODS CORP /DE/ (0000048465) (Filer)
8-K - HORMEL FOODS CORP /DE/ (0000048465) (Filer)
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
AUSTIN, Minn., March 24, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by the Board of Directors at 29.00 cents ($0.2900) a share on March 24, 2025, will be paid May 15, 2025, to stockholders of record at the close of business on April 14, 2025. The May 15 payment will be the 387th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interrupt
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.
4 - HORMEL FOODS CORP /DE/ (0000048465) (Issuer)
3 - 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