Added to YB: 2026-09-15
Pitch date: 2026-09-11
HRL [bullish]
Hormel Foods Corporation
+0.58%
current return
Author Info
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Company Info
Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally.
Market Cap
$11.3B
Pitch Price
$20.84
Price Target
N/A
Dividend
5.69%
EV/EBITDA
8.79
P/E
33.16
EV/Sales
1.10
Sector
Food Products
Category
dividend
The Elephant Blinding You to What's on Sale - Hormel Foods Corporation
HRL (added to position): Added at the margins to the core Hormel position at 13.5x forward EPS and a dividend yield above 5%. Profitability is improving through input-cost, SG&A and mix initiatives, while foodservice has grown for 12 consecutive quarters. Consumer softness and portfolio trimming may keep near-term revenue noisy, but protein and GLP-1 diet trends support the longer-term thesis.
Read full article (2 min)