Hormel Foods (HRL) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Hormel Foods (NYSE: HRL) in the last few weeks:

• 12/9/2025 – Hormel Foods was given a new $30.00 price target on by analysts at Barclays PLC. They now have an “overweight” rating on the stock.
• 12/5/2025 – Hormel Foods had its “neutral” rating reaffirmed by analysts at Piper Sandler. They now have a $26.00 price target on the stock, up previously from $25.00.
• 12/5/2025 – Hormel Foods had its price target raised by analysts at JPMorgan Chase & Co. from $27.00 to $28.00. They now have an “overweight” rating on the stock.
• 12/5/2025 – Hormel Foods had its price target raised by analysts at Bank of America Corporation from $25.00 to $26.00. They now have a “neutral” rating on the stock.
• 11/21/2025 – Hormel Foods had its price target lowered by analysts at JPMorgan Chase & Co. from $30.00 to $27.00. They now have an “overweight” rating on the stock.
• 11/6/2025 – Hormel Foods had its price target lowered by analysts at Piper Sandler from $26.00 to $25.00. They now have a “neutral” rating on the stock.
• 10/30/2025 – Hormel Foods was given a new $27.00 price target on by analysts at The Goldman Sachs Group, Inc.. They now have a “buy” rating on the stock.

Hormel Foods Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, January 12th will be given a $0.2925 dividend. The ex-dividend date is Monday, January 12th. This represents a $1.17 annualized dividend and a dividend yield of 4.8%. This is a boost from Hormel Foods’s previous quarterly dividend of $0.29. Hormel Foods’s payout ratio is presently 133.33%.

Hormel Foods Corporation is a global branded foods company primarily engaged in the production, marketing and distribution of value-added, high-quality meat and food products. The company’s portfolio spans a range of categories including refrigerated and frozen meats, pantry staples, specialty foods and shelf-stable items. Through manufacturing facilities located across North America and international markets, Hormel Foods supplies retail grocers, foodservice operators, convenience stores and e-commerce platforms.

Among its best-known brands, Hormel Foods produces SPAM® canned meats, Jennie-O® turkey products, Skippy® peanut butter and Applegate® natural and organic meats.