HRL Stock Recent News

I am upgrading Hormel Foods from a sell to a hold after a 35% decline over 27 months, despite ongoing market challenges. Hormel's dividend yield has climbed above 4%, supported by sufficient free cash flow, though valuation remains unappealing with modest EPS growth expected. Key risks include volatility in turkey and pork markets, geopolitical risks, and ongoing issues with the Planters brand, despite increased advertising investments.

Five of the ten lowest-priced Dividend Aristocrats - Franklin Resources, Realty Income, Amcor, Hormel, and Kenvue - are recommended buys, offering dividends exceeding their single share prices. Analysts project net gains of 15.84% to 46.98% by February 2025 for the Top Ten Aristocrat Dogs, with an average gain of 21.63%. Ten Aristocrats show negative free cash flow margins, making them unsafe buys; Federal Realty, Kenvue, and PepsiCo are among them.

Jalapeño pepperoni and spicy salami are bringing the heat in the all-new HORMEL GATHERINGS® Bold and Spicy Tray AUSTIN, Minn. , Feb. 6, 2025 /PRNewswire/ -- The makers of the HORMEL GATHERINGS® brand are turning up the heat with the launch of their latest innovation – the HORMEL GATHERINGS ® Bold and Spicy Tray.

The first come first serve kits feature the brand's first-ever heart-shaped pepperonis and everything you need to satisfy a romantic's taste for love AUSTIN, Minn. , Feb. 4, 2025 /PRNewswire/ -- Roses are red, and pepperonis are too; this Valentine's Day, the makers of HORMEL® Pepperoni are bringing dinner to you.

AUSTIN, Minn. , Feb. 4, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and John Ghingo, executive vice president, Retail; to discuss the Company's first quarter financial results.

Lynn Egner to assume the role of Vice President of Foodservice sales Natosha Walsh moves to V ice President of Retail sales – West AUSTIN, Minn. , Feb. 3, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced sales executive moves for its Retail and Foodservice business segments.

The market's recent volatility highlights the irrationality of short-term movements, making high-yield dividend aristocrats attractive for stable, long-term returns. High-yield aristocrats offer an average yield of 5.3%, significantly higher than the S&P and other high-yield ETFs. They also have solid growth prospects. These top 10 aristocrats are undervalued by 18%, providing a 29% upside potential within 12 months and 11.9% CAGR long-term returns.

Dividends are one of the best sources of passive income you can receive. The good news is that numerous stocks not only pay quarterly dividends but have also steadily increased their payouts over time.

AUSTIN, Minn. , Jan. 30, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced the upcoming retirement of Mark Ourada, group vice president, Foodservice, following 37 years of dedicated service and leadership.

I rank a selection of undervalued dividend growth stocks in Dividend Radar and present the ten top-ranked stocks for consideration. I use two valuation screens, one based on my fair value estimate, and another comparing each stock's forward dividend yield with its 5-year average dividend yield. To rank stocks, I do a quality assessment and sort candidates by quality scores, breaking ties with additional metrics.