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)
8-K
Departure of Directors or Certain Officers
29 Mar 24
8-K
Entry into a Material Definitive Agreement
8 Mar 24
424B2
Prospectus for primary offering
7 Mar 24
FWP
Free writing prospectus
6 Mar 24
FWP
Free writing prospectus
5 Mar 24
424B5
Prospectus supplement for primary offering
5 Mar 24
10-Q
2024 Q1
Quarterly report
29 Feb 24
8-K
Hormel Foods Reports First Quarter Fiscal 2024 Results
28 Feb 24
8-K
Departure of Directors or Certain Officers
2 Feb 24
8-K
Hormel Foods Announces the Retirement of Mark Coffey, Group Vice President of Supply Chain, and the Advancement of Steve Lykken
1 Feb 24
Transcripts
HRL
Earnings call transcript
2024 Q1
29 Feb 24
HRL
Earnings call transcript
2023 Q4
29 Nov 23
HRL
Earnings call transcript
2023 Q3
31 Aug 23
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
Latest ownership filings
144
Notice of proposed sale of securities
8 Apr 24
4
Elsa A Murano
3 Apr 24
4
Mark J Ourada
3 Apr 24
144
Notice of proposed sale of securities
2 Apr 24
4
Gary C Bhojwani
2 Apr 24
4
Steven Andrew White
2 Apr 24
4
William A Newlands
2 Apr 24
4
Christopher J. Policinski
2 Apr 24
4
Kevin L Myers
1 Apr 24
4
Mark A Coffey
1 Apr 24
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Oct 23 | Oct 22 | Oct 21 | Oct 20 | |
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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) | 736.53 mm | 736.53 mm | 736.53 mm | 736.53 mm | 736.53 mm | 736.53 mm |
Cash burn (monthly) | (no burn) | 26.24 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 154.21 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 582.32 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 22.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
41.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 610 |
Opened positions | 57 |
Closed positions | 69 |
Increased positions | 217 |
Reduced positions | 226 |
13F shares | Current |
---|---|
Total value | 8.53 tn |
Total shares | 224.28 mm |
Total puts | 1.74 mm |
Total calls | 1.37 mm |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 35.09 mm | $1.33 tn |
BLK Blackrock | 27.99 mm | $1.06 tn |
STT State Street | 26.65 mm | $1.01 tn |
Capital International Investors | 14.22 mm | $540.67 bn |
Geode Capital Management | 6.67 mm | $252.98 bn |
IVZ Invesco | 6.01 mm | $228.73 bn |
Mairs & Power | 5.35 mm | $203.46 bn |
Champlain Investment Partners | 5.16 mm | $196.35 bn |
ProShare Advisors | 4.49 mm | $170.60 bn |
PFG Principal Financial Group Inc - Registered Shares | 4.36 mm | $165.81 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Apr 24 | Mark J Ourada | Common Stock | Sell | Dispose S | No | No | 35.5 | 13,800 | 489.90 k | 28,050.4 |
2 Apr 24 | Mark J Ourada | Common Stock | Option exercise | Acquire M | No | No | 26.38 | 13,800 | 364.04 k | 41,850.4 |
2 Apr 24 | Mark J Ourada | Stock Options Common Stock | Option exercise | Dispose M | No | No | 26.38 | 13,800 | 364.04 k | 0 |
2 Apr 24 | Murano Elsa A | Common Stock | Sell | Dispose S | No | No | 35.132 | 4,300 | 151.07 k | 94,583 |
31 Mar 24 | Policinski Christopher J. | Common Stock | Grant | Acquire A | No | No | 34.89 | 1,617.58 | 56.44 k | 101,432.476 |
31 Mar 24 | Newlands William A | Common Stock | Grant | Acquire A | No | No | 34.89 | 1,090.93 | 38.06 k | 31,692.47 |
31 Mar 24 | White Steven Andrew | Common Stock | Grant | Acquire A | No | No | 34.89 | 1,730.44 | 60.38 k | 36,648.97 |
News
Zacks Industry Outlook Highlights Tyson Foods, Hormel Foods and Pilgrim's Pride
22 Apr 24
Looking Into Hormel Foods's Recent Short Interest
8 Mar 24
JP Morgan Maintains Underweight on Hormel Foods, Raises Price Target to $28
1 Mar 24
Dell To Rally Around 27%? Here Are 10 Top Analyst Forecasts For Friday
1 Mar 24
Barclays Maintains Equal-Weight on Hormel Foods, Raises Price Target to $35
1 Mar 24
Press releases
With Summertime Parties on the Horizon, the Makers of the HORMEL GATHERINGS® Brand Introduce Summer-Themed Hard Salami & Pepperoni Tray
23 Apr 24
MegaMex Foods Debuts DOÑA MARIA® Mole Rojo
17 Apr 24
Hormel Foods Seeking Nominations for 2024 Class of 10 Under 20 Food Heroes
10 Apr 24
PLANTERS® Brand Team Introduces New Flavor-Forward Innovation in Snack Nuts with Launch of PLANTERS® Nut Duos Snacks
2 Apr 24
The Makers of the SPAM® Brand Send Aloha to Their Fans in Hawaii with Special Edition Collectors Can
1 Apr 24