Citigroup Inc. lifted its stake in shares of Hormel Foods Corporation (NYSE: HRL) by 45.5% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 520,563 shares of the company's stock after buying an additional 162,729 shares during the period. Citigroup Inc. owned about
Hormel (HRL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
I recently completed a review of high dividend packaged food companies based on a matrix of factors including forward yield, payout ratio, value, growth, profitability, and financial strength. Hormel did not compare favorably to many of its peers, but stands out as a Dividend King trading at a discount. Many investors might rightly expect solid long-term performance from a Dividend King; Hormel's total return was a net loss almost 40% over the last three years.
Organic Net Sales Growth: 2% increase, marking the fifth consecutive quarter of growth.Adjusted Diluted Earnings Per Share: $0.34.Foodservice and International
Hormel Foods stock falls after reporting Q1 FY26 adjusted EPS beat, but sales missed estimates. Retail weakness offsets strong international and foodservice performance.
HRL tops first-quarter EPS estimates as sales edge up 1.3%, but margins tighten and volumes fall despite Foodservice and International strength.
Hormel Foods Corporation (HRL) Q1 2026 Earnings Call Transcript
Hormel Foods Corporation reported mixed Q1 results, showing relatively weak overall earnings but guiding a more stable FY2026 outlook. The retail segment showed a steep decline in sales volume, combining with limited pricing power. HRL's positioning in foodservice and international markets has remained better, proven by strong pricing power.
The headline numbers for Hormel (HRL) give insight into how the company performed in the quarter ended January 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hormel Foods (HRL) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.35 per share a year ago.
Skippy peanut butter maker Hormel Foods missed quarterly sales estimates on Thursday, reflecting U.S. consumers' shift towards cheaper alternatives amid economic uncertainty.
Hormel Foods logged higher profit and revenue in its fiscal first quarter, as the steps it has taken to improve profitability are starting to yield results.
Company Achieves Net Sales of $3 billion and Organic Net Sales1 Growth of 2% Company Reports Diluted EPS of $0.33; Adjusted Diluted EPS1 of $0.34 Updates GAAP Guidance; Reiterates Adjusted Full Year Fiscal 2026 Guidance AUSTIN, Minn., Feb. 26, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2026, which ended January 25, 2026.
Hormel Foods (HRL) will release Q1 earnings on Feb. 26, with expected EPS of $0.32 and revenue of $3.06B. Investors eyeing potential gains from its 4.53% dividend yield.
Enterprise Products Partners is a North American midstream giant with a 27-year streak of distribution increases. Realty Income is a large net-lease REIT with a 30-year streak of dividend increases.
New role underscores company's commitment to modernizing technology, digital and data capabilities AUSTIN, Minn., Feb. 24, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the appointment of Donald Monk as chief technology officer, effective March 23.
TSN, HRL, SFD and BYND are navigating cost and export pressures with diversified portfolios, strong brands and steady protein demand.
HRL's first-quarter results are likely to show modest sales growth, but elevated beef costs and turkey constraints may pressure earnings.
At 24/7 Wall St., we have closely followed dividend-paying stocks for over 15 years.
Altria's 6.2% yield is highly attractive, but it comes with material risks. General Mills, Hormel, and Clorox all have historically high yields and resilient businesses.