Hormel Foods(HRL)
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Nvidia, Hormel Foods And 3 Stocks To Watch Heading Into Thursday - Hormel Foods (NYSE:HRL)
Benzinga· 2026-02-26 06:59
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:Check out our premarket coverage herePhoto courtesy: Mijansk786 on Shutterstock.com ...
How To Earn $500 A Month From Hormel Foods Stock Ahead Of Q1 Earnings
Benzinga· 2026-02-25 12:53
Hormel Foods Corporation (NYSE:HRL) will release earnings for its first quarter before the opening bell on Thursday, Feb. 26.Analysts expect the company to report earnings of 32 cents per share. That's down from 35 cents per share in the year-ago period. The consensus estimate for Hormel Foods quarterly revenue is $3.06 billion (it reported $2.99 billion last year), according to Benzinga Pro.On Tuesday, Hormel Foods announced the appointment of Donald Monk as chief technology officer, effective March 23.Wit ...
Hormel Foods Appoints Donald Monk as Company's First Chief Technology Officer
Prnewswire· 2026-02-24 21:30
Hormel Foods Appoints Donald Monk as Company's First Chief Technology Officer [Accessibility Statement] Skip NavigationNew role underscores company's commitment to modernizing technology, digital and data capabilitiesAUSTIN, 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. In this newly created role, Monk will serve as the company's senior- most ...
4 Meat Stocks to Monitor Amid a Volatile and Uncertain Market
ZACKS· 2026-02-24 18:20
The Zacks Food – Meat Products industry is currently navigating headwinds, including elevated input costs and persistent inflation. Cautious consumer spending is weighing on volumes, while trade uncertainties and export volatility add another layer of risk, creating a challenging and unpredictable operating environment.Despite these headwinds, Tyson Foods, Inc. (TSN) , Hormel Foods Corporation (HRL) , Smithfield Foods, Inc. (SFD) and Beyond Meat, Inc. (BYND) are leveraging diversified portfolios, efficiency ...
Hormel Foods Gears Up for Q1 Earnings: Key Insights for Investors
ZACKS· 2026-02-24 16:51
Key Takeaways HRL to report Q1 results on Feb. 26, with revenues seen near $3 billion, up 0.4% Y/Y.HRL projects Q1 adjusted EPS of 34 cents, as beef costs and turkey constraints pressure margins.HRL benefits from its Transform and Modernize initiative, driving efficiencies and cost savings.Hormel Foods Corporation (HRL) is set to release first-quarter fiscal 2026 earnings on Feb. 26, before market open. The Zacks Consensus Estimate for earnings has remained unchanged in the past 30 days at 33 cents per shar ...
Why 5 Dividend Aristocrats Are Boomers' Favorite Retirement Income Stocks
247Wallst· 2026-02-23 12:46
Core Viewpoint - The article discusses the appeal of five Dividend Aristocrats as preferred retirement income stocks for Baby Boomers, emphasizing their reliability in providing consistent dividend increases over 25 years, which is crucial for investors seeking stable income during market volatility [1]. Group 1: Dividend Aristocrats Overview - Dividend Aristocrats are S&P 500 companies that have raised their dividends for 25 consecutive years, making them attractive for growth and income investors [1]. - The 69 companies on the 2026 S&P 500 Dividend Aristocrats list must meet specific criteria, including being a member of the S&P 500, having an average daily trading volume of at least $5 million, and a market capitalization of at least $3 billion [1]. Group 2: Featured Dividend Aristocrats - **Amcor PLC**: Offers a 5.18% dividend and is involved in sustainable packaging solutions across various industries, including food and healthcare. It has a Buy rating with a target price of $60 [1]. - **Eversource Energy**: Provides a 4.09% dividend and operates in energy delivery across Connecticut, Massachusetts, and New Hampshire. It has a Buy rating with a target price of $79 [1]. - **Hormel Foods Corp.**: Known for its diverse food products, it offers a 4.95% dividend and is restructuring to improve performance. It has a Buy rating with a target price of $31 [2]. - **Kimberly-Clark Corp.**: A personal care company with a 4.66% dividend, it has raised dividends for 53 consecutive years and is acquiring Kenvue Inc. in a $48.7 billion deal. It has a Buy rating with a target price of $120 [2]. - **Realty Income Corp.**: A real estate investment trust with a 4.89% monthly dividend, it invests in commercial properties and has a Buy rating with a target price of $69 [2].
Altria Stock Is Interesting, but Here's What I'd Buy Instead
The Motley Fool· 2026-02-21 11:15
Core Viewpoint - Altria offers a high yield of 6.3%, but the business faces significant challenges, making it a riskier investment compared to Hormel Foods, which has a lower yield of approximately 5% but a more stable business model [1][4][11]. Altria Overview - Altria's primary business revolves around cigarette sales, which are declining; for instance, cigarette volumes fell by 10% in 2025 [4]. - The company has managed to support revenue and earnings through price increases and stock buybacks, allowing for ongoing dividend increases, but it remains fundamentally challenged [5]. Hormel Foods Overview - Hormel Foods is a large food manufacturer focused on protein products, aligning well with current consumer trends [6]. - The company is currently facing challenges, particularly in passing rising costs onto consumers, and is refocusing on cost control and portfolio overhaul, including plans to sell its whole turkey business [7][9]. - Hormel's interim CEO, Jeff Ettinger, has implemented strategies leading to five consecutive quarters of organic sales growth, indicating positive momentum [10]. - Hormel has a 5% yield and has increased its dividend annually for over 50 years, earning the title of Dividend King, which reflects a strong commitment to returning value to investors [11].
How HRL Is Reshaping Its Portfolio to Support Long-Term Growth
ZACKS· 2026-02-19 15:51
Core Insights - Hormel Foods Corporation is selling its whole-bird turkey business to Life-Science Innovations to enhance profitability and adapt to changing consumer preferences [1][8] - The divestiture reflects Hormel's strategic shift towards value-added protein products, reducing reliance on commodity-driven operations that can lead to earnings volatility [2][5] Transaction Details - Life-Science Innovations will acquire production assets, including a Minnesota processing facility, feed mill, transportation equipment, and grower supply contracts related to the whole-bird business [3] - The transaction is expected to close by the end of the second quarter of fiscal 2026, with co-manufacturing services provided during the transition to ensure customer order fulfillment [3][5] Financial Impact - Management anticipates that the divestiture will have a limited impact on adjusted fiscal 2026 results, with further details to be discussed in the upcoming earnings call [4][8] Strategic Focus - The move is part of Hormel Foods' broader strategy to streamline turkey operations and align resources with key focus areas, ensuring continuity for employees, customers, growers, and suppliers during the transition [5] Market Performance - Hormel Foods shares have increased by 10.4% over the past three months, outperforming the S&P 500 index's growth of 3.2% during the same period [6]
Hormel Foods Corporation (HRL) Presents at Consumer Analyst Group of New York Conference 2026 Prepared Remarks Transcript
Seeking Alpha· 2026-02-19 02:35
Core Viewpoint - Hormel Foods is a global branded food company focused on protein and consumer understanding, emphasizing strong corporate governance and disciplined capital allocation [1][2] Group 1 - Hormel has raised its dividend for 60 consecutive years, showcasing its commitment to returning value to shareholders [2] - The company is currently navigating a dynamic food environment with a strong portfolio of market-leading brands and a well-positioned foodservice segment [2] - Hormel has an expansive global presence, which supports its competitive positioning in the food industry [2]
Hormel Foods (NYSE:HRL) 2026 Conference Transcript
2026-02-18 22:02
Hormel Foods (NYSE:HRL) 2026 Conference February 18, 2026 04:00 PM ET Company ParticipantsJeffrey M. Ettinger - Interim CEOJohn F. Ghingo - PresidentNone - Video NarratorJohn F. GhingoTenure as CEO from 2006 to 2016 included many CAGNY presentations. He just can't get enough. Please join me in thanking Jeff and everyone at Hormel for this morning's break. Hormel Foods is a global branded food company, centered on protein, built around a deep understanding of the consumer. They are building on an outstanding ...