Vanguard Personalized Indexing Management LLC Has $1 Million Holdings in Hormel Foods Corporation $HRL

Vanguard Personalized Indexing Management LLC grew its position in Hormel Foods Corporation (NYSE:HRL) by 40.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,100 shares of the company’s stock after purchasing an additional 9,450 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Hormel Foods were worth $1,001,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in HRL. Cromwell Holdings LLC increased its holdings in shares of Hormel Foods by 162.7% during the 2nd quarter. Cromwell Holdings LLC now owns 1,001 shares of the company’s stock valued at $30,000 after acquiring an additional 620 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Hormel Foods during the 1st quarter valued at about $37,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Hormel Foods during the 1st quarter valued at about $38,000. Quarry LP acquired a new position in shares of Hormel Foods during the 1st quarter valued at about $41,000. Finally, YANKCOM Partnership increased its holdings in shares of Hormel Foods by 18.5% during the 1st quarter. YANKCOM Partnership now owns 3,081 shares of the company’s stock valued at $95,000 after acquiring an additional 480 shares during the last quarter. Institutional investors and hedge funds own 40.99% of the company’s stock.

Hormel Foods Price Performance

Shares of NYSE:HRL opened at $24.05 on Monday. Hormel Foods Corporation has a 1-year low of $23.13 and a 1-year high of $33.80. The firm has a market capitalization of $13.23 billion, a PE ratio of 17.56, a PEG ratio of 5.36 and a beta of 0.29. The business’s 50 day moving average is $25.72 and its 200-day moving average is $28.45. The company has a current ratio of 2.47, a quick ratio of 1.12 and a debt-to-equity ratio of 0.35.

Hormel Foods (NYSE:HRL) last announced its quarterly earnings data on Thursday, August 28th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.06). Hormel Foods had a return on equity of 10.06% and a net margin of 6.26%.The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $2.98 billion. During the same period in the previous year, the business posted $0.37 EPS. Hormel Foods’s revenue for the quarter was up 4.6% compared to the same quarter last year. Hormel Foods has set its Q4 2025 guidance at 0.380-0.400 EPS. FY 2025 guidance at 1.430-1.450 EPS. Sell-side analysts predict that Hormel Foods Corporation will post 1.65 earnings per share for the current year.

Hormel Foods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Tuesday, October 14th will be given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Tuesday, October 14th. Hormel Foods’s dividend payout ratio (DPR) is 84.67%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Bank of America lowered their target price on Hormel Foods from $35.00 to $28.00 and set a “neutral” rating on the stock in a report on Friday, August 29th. Zacks Research lowered Hormel Foods from a “hold” rating to a “strong sell” rating in a report on Friday, August 29th. JPMorgan Chase & Co. lowered their target price on Hormel Foods from $34.00 to $30.00 and set an “overweight” rating on the stock in a report on Friday, August 29th. The Goldman Sachs Group lowered their target price on Hormel Foods from $35.00 to $31.00 and set a “buy” rating on the stock in a report on Friday, August 29th. Finally, Barclays reaffirmed an “overweight” rating and issued a $34.00 target price (down previously from $36.00) on shares of Hormel Foods in a report on Friday, August 29th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Hormel Foods currently has a consensus rating of “Hold” and a consensus price target of $30.88.

Hormel Foods Company Profile

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others.