Hormel Foods stock holds in the mid-$24 range ahead of earnings update
Hormel Foods stock is trading in the mid-$24 range ahead of its next earnings release, showing a modest year-to-date gain and some recent upward momentum. Analysts maintain a "Hold" stance with an average price target of $26.57, suggesting moderate upside potential driven by operational execution and strong brand demand. The company is characterized by steady cash generation and a focus on portfolio streamlining and margin improvements, appealing to income-oriented investors.
Hormel Foods (HRL) to Release Earnings on Thursday
Hormel Foods (NYSE:HRL) is scheduled to release its Q3 2026 earnings before the market opens on Thursday, August 27th. Analysts anticipate earnings of $0.3541 per share and revenue of $3.0416 billion. In the previous quarter, Hormel exceeded estimates with earnings of $0.40 per share and a 2.6% year-over-year revenue increase to $2.97 billion, while Wall Street currently holds a "Hold" rating with an average price target of $26.57.
JBS again proposes to acquire remaining Pilgrim's shares
JBS, which already owns 82% of Pilgrim's Pride Corp., has made a non-binding offer to acquire the remaining shares by exchanging 2.086 JBS Class A shares for each Pilgrim's Pride share. This proposal aims to simplify the organizational structure, eliminate public company costs, and provide Pilgrim's Pride shareholders with greater trading liquidity through JBS shares. This is JBS's second attempt to acquire the remaining shares in five years, following a withdrawn offer in 2021.
Fidelity National Financial Inc. Makes New $16.38 Million Investment in Hormel Foods Corporation $HRL
Fidelity National Financial Inc. has acquired a new position in Hormel Foods Corporation (NYSE:HRL) by purchasing 660,000 shares valued at approximately $16.38 million. This investment makes Hormel Foods the 21st largest holding in Fidelity National Financial Inc.'s portfolio, representing about 0.5% of its total assets. Other institutional investors have also adjusted their holdings in Hormel Foods, and the company recently reported strong quarterly earnings, topping analyst estimates.
Hormel Foods stock holds steady as analyst targets inch higher
Hormel Foods stock is trading in the mid-$24 range, with analysts gradually raising price targets to $27.25 due to improved earnings visibility and portfolio simplification. The company maintains a strong dividend yield of 4.87% from its $0.2925 quarterly payment, appealing to income-focused investors. Hormel Foods, known for its SPAM brand and new chili line, is positioned as a defensive, income-oriented holding with a market capitalization in the low-teens billions.
Hormel Foods Corp. stock underperforms Tuesday when compared to competitors despite daily gains
Hormel Foods Corp. (HRL) shares rose 1.33% on Tuesday, closing at $24.34, despite a poor overall trading session for the stock market. However, the stock still underperformed compared to its competitors, and it closed 17.06% below its 52-week high.
Tomato bisque soup kit sold at Walmart stores recalled
Kettle Cuisine has issued a recall for its Marketside Tomato Bisque Soup Kit, sold at Walmart stores in 29 states, due to potential Listeria contamination. The product was distributed between June 30 and July 7, 2026, and has a use-by code of August 22, 2026. Consumers are advised to dispose of the product or return it for a refund and to contact a healthcare provider if symptoms of listeriosis develop.
XNOV Dividend: Does FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November Pay a Dividend?
The FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November (XNOV) does not currently pay a regular dividend. The article details this information and provides a list of alternative high-yield dividend stocks for investors interested in income-generating investments. It also explains common reasons why companies might not pay dividends, such as reinvesting earnings for growth.
Hormel Chili, Omaha Steaks partner on chili innovation
Hormel Chili has partnered with Omaha Steaks to introduce a new co-branded product: Hormel Chili and Omaha Steaks 100% natural beef chili with beans. This collaboration focuses on a premium chili formulation, emphasizing the quality and texture of the beef. The new chili product will be available for purchase at retailers nationwide.
Grandfield & Dodd LLC Acquires New Stake in Hormel Foods Corporation $HRL
Grandfield & Dodd LLC has acquired a new stake in Hormel Foods Corporation, purchasing over 1 million shares valued at approximately $24.97 million, making it their 24th largest holding. Other institutional investors have also adjusted their positions in Hormel Foods, which saw its stock open at $24.04 and report strong quarterly earnings, beating analyst estimates. Analysts currently have a "Hold" rating on the stock with a consensus price target of $26.57.
GLGG Dividend: Does Leverage Shares 2X Long GLXY Daily ETF Pay a Dividend?
Leverage Shares 2X Long GLXY Daily ETF (GLGG) does not currently pay a regular dividend. Companies typically forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. The article suggests alternatives like high-yield dividend screeners or a list of top dividend stocks for investors interested in income-generating assets.
DJAN Dividend: Does FT Vest U.S. Equity Deep Buffer ETF - January Pay a Dividend?
The article states that FT Vest U.S. Equity Deep Buffer ETF - January (DJAN) does not currently pay a regular dividend. It explains that companies might forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. For investors seeking dividend-paying alternatives, the article suggests using GuruFocus's dividend stock screener and lists several high-yield dividend stocks.
JULP Dividend: Does PGIM S&P 500 Buffer 12 ETF - July Pay a Dividend?
The article states that PGIM S&P 500 Buffer 12 ETF - July (JULP) does not currently pay a regular dividend. It provides a list of alternative dividend-paying stocks with their respective dividend yields and answers frequently asked questions regarding JULP's dividend policy.
TJUN Dividend: Does FT Vest Emerging Markets Buffer ETF - June Pay a Dividend?
The article states that FT Vest Emerging Markets Buffer ETF - June (TJUN) does not currently pay a regular dividend. It explains that companies might forgo dividends to reinvest in growth, R&D, acquisitions, or share buybacks. The article also provides a list of top dividend-paying stocks and encourages readers to use GuruFocus's dividend stock screener for alternatives.
Hormel Foods Corp. stock underperforms Monday when compared to competitors
Hormel Foods Corp. (HRL) shares fell by 2.12% to $24.02 on Monday, underperforming the broader market as both the S&P 500 Index and Dow Jones Industrial Average also saw declines. This drop broke a three-day winning streak for Hormel's stock.
APHU Dividend: Does T-REX 2X Long APH Daily Target Pay a Dividend?
This article clarifies that T-REX 2X Long APH Daily Target (APHU) does not currently pay a regular dividend. It explains that companies like APHU often forgo dividends to reinvest earnings into growth initiatives such as R&D or acquisitions. The article also provides a list of alternative high-yield dividend stocks for investors interested in income-generating assets.
AMG National Trust Bank Makes New $8.34 Million Investment in Hormel Foods Corporation $HRL
AMG National Trust Bank has made a new $8.34 million investment in Hormel Foods Corporation, acquiring 335,955 shares. This comes as Hormel Foods exceeded its latest quarterly earnings expectations, reporting an EPS of $0.40 against an estimated $0.35 and a 2.6% increase in revenue. Despite positive earnings, analysts maintain a cautious "Hold" rating on HRL, with a consensus price target of $26.57 compared to its recent trading price of $24.50.
Handelsbanken Fonder AB Has $3.63 Million Holdings in Hormel Foods Corporation $HRL
Handelsbanken Fonder AB significantly increased its stake in Hormel Foods Corporation (NYSE:HRL) by 40.3% in the second quarter, bringing its total holdings to 146,200 shares valued at approximately $3.63 million. Other hedge funds also adjusted their positions in HRL, which reported quarterly earnings of $0.40 per share, exceeding estimates, and declared a quarterly dividend of $0.2925. Analysts currently maintain a "Hold" rating for Hormel Foods with an average price target of $26.57.
QPX Dividend: Does AdvisorShares Q Dynamic Growth ETF Pay a Dividend?
The AdvisorShares Q Dynamic Growth ETF (QPX) does not currently pay a regular dividend. The article explains that companies often forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. It also provides a list of alternative high-yield dividend stocks for investors interested in dividend income.
DGOC Dividend: Does FT Vest U.S. Equity Buffer & Digital Return ETF - October Pay a Dividend?
This article clarifies that the FT Vest U.S. Equity Buffer & Digital Return ETF - October (DGOC) does not currently pay a regular dividend. It explains that companies might forgo dividends to reinvest in growth and suggests alternatives for investors seeking dividend-paying stocks, including a list of high-yield options.
QMFE Dividend: Does FT Vest Nasdaq-100 Moderate Buffer ETF - February Pay a Dividend?
The article states that FT Vest Nasdaq-100 Moderate Buffer ETF - February (QMFE) does not currently pay a regular dividend. It explains that companies often forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. The article also provides a list of high-yield dividend-paying alternatives for investors interested in such stocks.
Hormel Foods (NYSE:HRL): Dividend Quality Checked, but Payout Sustainability Raises Concern
Hormel Foods (NYSE:HRL) presents an attractive dividend yield of 4.66%, significantly higher than industry and S&P 500 averages, with a consistent dividend payment history and moderate growth. However, the article highlights a major concern regarding its payout ratio of 136.95% of trailing earnings, indicating that current dividend levels may not be sustainable long-term given that dividend growth is outpacing earnings growth. While the company meets minimum profitability and health standards and shows strong free cash flow, investors are advised to monitor earnings growth for improved dividend coverage.
BMNG Dividend: Does Leverage Shares 2X Long BMNR Daily ETF Pay a Dividend?
This article clarifies that the Leverage Shares 2X Long BMNR Daily ETF (BMNG) does not currently pay a regular dividend. It explains that companies might forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. The article also provides a list of alternative high-yield dividend stocks for investors interested in income-generating options.
JPMorgan Chase & Co. Issues Positive Forecast for Hormel Foods (NYSE:HRL) Stock Price
JPMorgan Chase & Co. has raised its price target for Hormel Foods (NYSE:HRL) from $25 to $26, while maintaining a "neutral" rating, suggesting a potential upside of nearly 6%. This positive adjustment follows Hormel's recent quarterly results, where EPS of $0.40 and revenue of $2.97 billion both exceeded analyst expectations. Despite the raised price target, the consensus analyst rating for Hormel Foods remains "Hold" with an average target price of $26.57.
Is Seneca Foods (SENE.A) Using ESOP Share Plans to Redefine Its Long-Term Capital Strategy?
Seneca Foods reported stronger first-quarter results with increased sales and net income, alongside filing shelf registrations for common stock tied to employee stock ownership plans (ESOPs). This move suggests a shift in capital allocation towards employee alignment and balance sheet flexibility, moving away from aggressive share repurchases. While the company operates in a low-growth, cyclical food business, its improved profitability and ESOP activities highlight a balancing act between operational performance and employee-focused capital planning.
Hormel, Omaha Steaks debut premium beef chili nationwide
Hormel Foods Corp. and Omaha Steaks have collaborated to launch a new co-branded product: Hormel Chili & Omaha Steaks 100% Natural Beef Chili with Beans. This premium chili aims to provide consumers with a high-quality, convenient meal option featuring prominent beef and vegetables. The product is now available at select retailers nationwide, combining the expertise of both brands.
Vest Financial LLC Boosts Stock Holdings in Hormel Foods Corporation $HRL
Vest Financial LLC significantly increased its holdings in Hormel Foods Corporation (HRL) by 7.8% in Q2, bringing its total to 2.29 million shares valued at $56.7 million. Despite institutional ownership of about 41%, analysts maintain a cautious stance with a consensus "Hold" rating and a price target of $26.14. Hormel recently surpassed earnings estimates with $0.40 per share on $2.97 billion in revenue and declared a quarterly dividend of $0.2925 per share.
FUTG Dividend: Does Leverage Shares 2x Long FUTU Daily ETF Pay a Dividend?
The Leverage Shares 2x Long FUTU Daily ETF (FUTG) currently does not pay a regular dividend. This article from GuruFocus examines its dividend status and provides a list of alternative high-yield dividend stocks for investors interested in income-generating assets. It also addresses common questions regarding why some companies and ETFs do not pay dividends.
Assenagon Asset Management S.A. Sells 105,951 Shares of Hormel Foods Corporation $HRL
Assenagon Asset Management S.A. reduced its stake in Hormel Foods Corporation (NYSE:HRL) by 48.2% in the second quarter, selling 105,951 shares and holding 113,671 shares valued at $2.82 million. Other institutional investors made various adjustments to their holdings. Hormel Foods reported better-than-expected earnings for the last quarter and announced a quarterly dividend of $0.2925 per share.
APRP Dividend: Does PGIM S&P 500 Buffer 12 ETF - April Pay a Dividend?
The PGIM S&P 500 Buffer 12 ETF - April (APRP) currently does not pay a regular dividend. The article directs interested investors to GuruFocus's high yield dividend screener and lists top dividend-paying stocks as alternatives. It also explains common reasons why companies might not pay dividends.
NextPlat’s Contracted Pharmacy Revenue Jumps 136% to $2.2M
NextPlat (NASDAQ: NXPL) announced significant improvements in its Q2 2026 financial results, with sequential revenue growth of 21% to $11.9 million and a substantial 92% reduction in net loss to $144,000. This performance was largely driven by a 136% year-over-year increase in contracted pharmacy revenue and a 27% sequential rise in e-commerce revenue, coupled with a record gross margin of 40%. The company is focusing on higher-margin 340B contracted pharmacy services and plans to launch a nationwide medication fulfillment website to further expand its reach and revenue.
HORMEL® Chili and OMAHA STEAKS® Unite to Elevate America's Chili Experience – Company Announcement
HORMEL® Chili has partnered with OMAHA STEAKS® to launch a new co-branded chili, HORMEL® Chili & OMAHA STEAKS® 100% Natural Beef Chili with Beans. This collaboration aims to offer a premium, competition-style chili experience with prominent pieces of beef and rich flavor, combining the convenience of canned chili with the quality associated with both brands. The new product is now available nationally at select stores.
HORMEL® Chili and OMAHA STEAKS® Unite to Elevate America's Chili Experience
Hormel Foods and Omaha Steaks have collaborated to introduce a new premium canned chili, HORMEL® Chili & OMAHA STEAKS® 100% Natural Beef Chili with Beans. This new product aims to offer consumers a high-quality, competition-style chili experience with prominent pieces of beef and rich flavor, combining the convenience of canned chili with the premium standards of both brands. The chili is now available nationally at select stores, providing a substantial and satisfying meal option.
EPAI Dividend: Does Harbor AI Inflection Strategy ETF Pay a Dividend?
The Harbor AI Inflection Strategy ETF (EPAI) does not currently pay a regular dividend. Instead, it has returned capital to shareholders through buybacks, with a rate of 0.56% over the past three years. The article suggests alternatives for investors seeking dividend-paying stocks, listing several companies with attractive dividend yields across various sectors.
Hormel's New Chili Puts Visible Beef and Vegetables in a Can
Hormel Foods has partnered with Omaha Steaks to launch a new co-branded product, HORMEL® Chili & OMAHA STEAKS® 100% Natural Beef Chili with Beans. This new chili emphasizes prominent beef pieces, hearty vegetables, rich seasoning, and a slow-simmered, competition-style texture, differentiating it from more blended canned chili options. The collaboration combines Omaha Steaks' expertise in premium meats with Hormel Chili's focus on convenient meal preparation, making the premium product available nationally at select retailers.
CDIG Dividend: Does City Different Investments Global Equity ETF Pay a Dividend?
The City Different Investments Global Equity ETF (CDIG) does not currently pay a regular dividend, having instead returned capital to shareholders through buybacks at a rate of -4.55% over the past three years. The article suggests reasons why companies might forgo dividends, such as reinvesting earnings for growth, and provides a list of high-yield dividend stocks from other companies as alternatives for investors interested in dividends. It also offers tools like a dividend screener for further research.
XRPK Dividend: Does T-REX 2X Long XRP Daily Target ETF Pay a Dividend?
The T-REX 2X Long XRP Daily Target ETF (XRPK) currently does not pay a regular dividend. The article explains that companies often forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. It also provides a list of alternative high-yield dividend stocks for investors interested in income-generating assets.
AUGU Dividend: Does AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF Pay a Dividend?
The article states that the AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF (AUGU) does not currently pay a regular dividend. It explains that companies might forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. The article also provides a list of high-yield dividend stocks as alternatives for investors interested in dividend payments.
BUFC Dividend: Does AB Conservative Buffer ETF Pay a Dividend?
The article addresses whether the AB Conservative Buffer ETF (BUFC) pays a dividend, stating that it does not currently pay a regular dividend. It explains that companies often forgo dividends to reinvest in growth and provides a list of alternative high-yield dividend stocks for investors seeking income. The article also includes a FAQ section clarifying common questions about BUFC's dividend policy.
GNOV Dividend: Does FT Vest U.S. Equity Moderate Buffer ETF - November Pay a Dividend?
The article states that FT Vest U.S. Equity Moderate Buffer ETF - November (GNOV) does not currently pay a regular dividend. It encourages interested investors to use GuruFocus's high yield dividend screener to find alternative dividend-paying stocks and lists several top dividend stocks with their respective dividend yields. The piece also addresses frequently asked questions regarding GNOV's dividend policy.
Hormel Stock And 2 Defensive U.S. Consumer Staples Picks For Dividend Investors
Amidst stubborn inflation and economic uncertainties, this article highlights three defensive U.S. consumer staples stocks—Reynolds Consumer Products (REYN), Bunge Global (BG), and Hormel Foods (HRL)—that offer dividends and relative stability. It analyzes each company's financial profile, market position, and potential for income-focused investors looking for capital preservation. The article suggests these stocks as initial samples from a broader screen of 23 other compelling income and stability stories within the consumer staples sector.
Why Seneca Foods Looks Ripe For A Takeover
Seneca Foods (SENEA) is identified as a prime takeover target due to its strong financial profile, including a low valuation (EV/EBIT of 9.1x), high free-cash-flow yield (16.5%), and minimal debt. Potential acquirers like Conagra Brands or Hormel Foods could benefit from horizontal consolidation or portfolio diversification. The company's dispersed ownership structure with a high free float makes a deal structurally plausible, with a potential takeover value estimated between $1.5 billion and $1.8 billion.
AMDL Dividend: Does GraniteShares 2x Long AMD Daily ETF Pay a Dividend?
The article states that GraniteShares 2x Long AMD Daily ETF (AMDL) does not currently pay a regular dividend. It explains that companies like AMDL might forgo dividends to reinvest earnings into growth opportunities. The article also provides a list of alternative dividend-paying stocks with their respective dividend yields.
Applegate broadens regenerative agriculture strategy
Applegate, a Hormel Foods subsidiary, has released its third Mission Report, detailing its progress in regenerative agriculture, animal welfare, and farmer support. The company also announced two new initiatives: Groundwork, a biodiversity and farmer-investment platform, and Regenerative Health, a research initiative studying the link between regenerative practices and food nutrition. Applegate's report highlights significant achievements, including converting millions of acres to certified regenerative management and avoiding tons of antibiotics and pesticides.
APLZ Dividend: Does Tradr 2X Short APLD Daily ETF Pay a Dividend?
The article states that Tradr 2X Short APLD Daily ETF (APLZ) does not currently pay a regular dividend. It explains that companies often forgo dividends to reinvest in growth, R&D, acquisitions, or share buybacks. The article also provides a list of alternative dividend-paying stocks and encourages readers to use GuruFocus's dividend screener for further research.
OPEX Dividend: Does Tradr 2X Long OPEN Daily ETF Pay a Dividend?
The Tradr 2X Long OPEN Daily ETF (OPEX) does not currently pay a regular dividend. The article provides a list of high-yield dividend stocks as alternatives for investors seeking income. It also addresses common questions about OPEX's dividend policy.
Royal Bank of Canada Acquires 82,028 Shares of Hormel Foods Corporation $HRL
Royal Bank of Canada increased its stake in Hormel Foods Corporation by 37.5% in the first quarter, purchasing an additional 82,028 shares and bringing its total holdings to 300,674 shares valued at $6.8 million. Other institutional investors also adjusted their positions in HRL. Analysts maintain a "Hold" rating for Hormel with a consensus price target of $26.14, following the company's recent earnings beat and consistent dividend payout.
Bank of America Corp DE Has $54.49 Million Holdings in Hormel Foods Corporation $HRL
Bank of America Corp DE has increased its stake in Hormel Foods Corporation by 3.4% during the first quarter, now holding over 2.4 million shares valued at $54.49 million. Other institutional investors have also adjusted their positions in Hormel Foods, while company director Gary C. Bhojwani recently sold a significant number of shares. Analysts currently rate Hormel Foods as a "Hold" with a consensus price target of $26.14.
Franklin Resources, Inc. (BEN) Stock forecasts
Franklin Resources (BEN) reached record managed assets of $1.798 trillion at the end of July 2026, primarily in equity, fixed-income, and alternative funds. Morningstar assesses the shares as slightly overvalued, providing investment services for individual and institutional investors. The report details the asset allocation of the company's funds.
ORO Dividend: Does Arrow Valtoro ETF Pay a Dividend?
The Arrow Valtoro ETF (ORO) does not currently pay a regular dividend. The article provides a list of alternative dividend-paying stocks with their respective dividend yields for investors interested in income-generating assets. It also addresses frequently asked questions regarding ORO's dividend policy and suggests resources for finding other dividend ETFs.
