hormel foods is a fortune 500, multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. the company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. the company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. this diverse portfolio of products includes hams, bacon, sausages, franks, canned luncheon meats, stews, chilis, hash, meat spreads, shelf-stable microwaveable entrees and salsas.
Company profile
Ticker
HRL
Exchange
Website
CEO
James Snee
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HORMEL GEO A & CO
SEC CIK
Corporate docs
Subsidiaries
The Company • 199 Ventures, LLC • Alma Foods, LLC • Applegate Farms, LLC • Applegate Investment Corporation • Beijing Hormel Business Management Co., Ltd • Beijing Hormel Foods Co. Ltd. • Burke Marketing Corporation • Campoco, Inc. • Century Foods International, LLC ...
IRS number
410319970
HRL stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
31 Aug 23
8-K
Hormel Foods Reports Third Quarter Fiscal 2023 Results
31 Aug 23
8-K
Regulation FD Disclosure
22 Aug 23
10-Q
2023 Q2
Quarterly report
1 Jun 23
8-K
Hormel Foods Reports Second Quarter Fiscal 2023 Results
1 Jun 23
8-K
Departure of Directors or Certain Officers
27 Mar 23
10-Q
2023 Q1
Quarterly report
2 Mar 23
8-K
Hormel Foods Reports First Quarter Fiscal 2023 Results
2 Mar 23
8-K
Regulation FD Disclosure
28 Feb 23
8-K
Submission of Matters to a Vote of Security Holders
3 Feb 23
Transcripts
HRL
Earnings call transcript
2023 Q2
1 Jun 23
HRL
Earnings call transcript
2023 Q1
1 Mar 23
HRL
Earnings call transcript
2022 Q4
30 Nov 22
HRL
Earnings call transcript
2022 Q3
1 Sep 22
HRL
Earnings call transcript
2022 Q2
2 Jun 22
HRL
Earnings call transcript
2022 Q1
1 Mar 22
HRL
Earnings call transcript
2021 Q4
9 Dec 21
HRL
Earnings call transcript
2021 Q3
2 Sep 21
HRL
Earnings call transcript
2021 Q2
20 May 21
HRL
Earnings call transcript
2021 Q1
18 Feb 21
Latest ownership filings
4
Katherine M Losness-Larson
20 Sep 23
4
Pierre M Lilly
8 Sep 23
4
Mark J Ourada
2 Aug 23
11-K
Annual report of employee stock purchases
28 Jun 23
11-K
Annual report of employee stock purchases
28 Jun 23
11-K
Annual report of employee stock purchases
28 Jun 23
11-K
Annual report of employee stock purchases
28 Jun 23
4
Mark J Ourada
15 Jun 23
4
Kevin L Myers
12 Jun 23
4
Mark A Coffey
12 Jun 23
Financial summary
| Quarter (USD) | Jul 23 | Apr 23 | Jan 23 | Oct 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Oct 22 | Oct 21 | Oct 20 | Oct 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 669.12 mm | 669.12 mm | 669.12 mm | 669.12 mm | 669.12 mm | |
| Cash burn (monthly) | 20.88 mm | (no burn) | (no burn) | (no burn) | (no burn) | |
| Cash used (since last report) | 39.32 mm | n/a | n/a | n/a | n/a | |
| Cash remaining | 629.80 mm | n/a | n/a | n/a | n/a | |
| Runway (months of cash) | 30.2 | n/a | n/a | n/a | n/a | |
Institutional ownership, Q2 2023
41.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 615 |
| Opened positions | 55 |
| Closed positions | 82 |
| Increased positions | 256 |
| Reduced positions | 197 |
| 13F shares | Current |
|---|---|
| Total value | 9.03 tn |
| Total shares | 224.67 mm |
| Total puts | 911.20 k |
| Total calls | 1.03 mm |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 35.44 mm | $1.43 tn |
| STT State Street | 27.87 mm | $1.12 tn |
| BLK Blackrock | 27.69 mm | $1.11 tn |
| Capital International Investors | 13.47 mm | $541.84 bn |
| Geode Capital Management | 6.53 mm | $261.97 bn |
| IVZ Invesco | 5.85 mm | $235.25 bn |
| Mairs & Power | 5.25 mm | $211.36 bn |
| PFG Principal Financial Group Inc - Registered Shares | 4.93 mm | $198.33 bn |
| Champlain Investment Partners | 4.35 mm | $174.79 bn |
| ProShare Advisors | 4.33 mm | $174.18 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 18 Sep 23 | Katherine M Losness-Larson | Common Stock | Option exercise | Acquire M | No | No | 22.99 | 2,600 | 59.77 k | 10,733.552 |
| 18 Sep 23 | Katherine M Losness-Larson | Stock Options Common Stock | Option exercise | Dispose M | No | No | 22.99 | 2,600 | 59.77 k | 0 |
| 6 Sep 23 | Pierre M Lilly | Common Stock | Buy | Acquire P | Yes | No | 37.25 | 1,453.772 | 54.15 k | 1,453.772 |
| 1 Aug 23 | Mark J Ourada | Common Stock | Grant | Acquire A | No | No | 0 | 3,203 | 0.00 | 23,886.684 |
| 13 Jun 23 | Mark J Ourada | Common Stock | Sell | Dispose S | No | No | 41 | 9,200 | 377.20 k | 20,683.684 |
| 13 Jun 23 | Mark J Ourada | Common Stock | Option exercise | Acquire M | No | No | 22.99 | 9,200 | 211.51 k | 29,883.684 |
| 13 Jun 23 | Mark J Ourada | Stock Options Common Stock | Option exercise | Dispose M | No | No | 22.99 | 9,200 | 211.51 k | 0 |
| 8 Jun 23 | Coffey Mark A | Common Stock | Sell | Dispose S | No | No | 40.5 | 31,400 | 1.27 mm | 55,133.197 |
| 8 Jun 23 | Coffey Mark A | Common Stock | Option exercise | Acquire M | No | No | 22.99 | 31,400 | 721.89 k | 86,533.197 |
| 8 Jun 23 | Coffey Mark A | Stock Options Common Stock | Option exercise | Dispose M | No | No | 22.99 | 31,400 | 721.89 k | 0 |
News
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8 Sep 23
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7 Sep 23
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6 Sep 23
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5 Sep 23
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31 Aug 23
Press releases
Hormel Foods Corporation Declares Quarterly Dividend
25 Sep 23
Hormel Foods Releases 17th Annual Global Impact Report
21 Sep 23
Hormel Foods Receives EPA Green Power Leadership and CRS Market Development Awards
20 Sep 23
The Makers of the SPAM® Brand Launch Social Media Sweepstakes to Celebrate the First Day of Fall
20 Sep 23
Hormel Foods Announces 2023 Class of 10 Under 20 Food Heroes
13 Sep 23