Hormel Foods (NYSE:HRL – Get Free Report) will likely be announcing its Q1 2026 results before the market opens on Thursday, February 26th. Analysts expect Hormel Foods to post earnings of $0.32 per share and revenue of $3.0741 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, February 26, 2026 at 8:00 AM ET.
Hormel Foods (NYSE:HRL – Get Free Report) last issued its quarterly earnings data on Wednesday, December 3rd. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.30 by $0.02. The firm had revenue of $3.19 billion during the quarter, compared to the consensus estimate of $3.24 billion. Hormel Foods had a return on equity of 9.41% and a net margin of 3.95%.The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.42 earnings per share. On average, analysts expect Hormel Foods to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Hormel Foods Price Performance
Hormel Foods stock opened at $24.49 on Thursday. Hormel Foods has a 52 week low of $21.03 and a 52 week high of $32.07. The company’s 50 day moving average price is $24.06 and its two-hundred day moving average price is $24.47. The stock has a market cap of $13.47 billion, a P/E ratio of 28.15, a P/E/G ratio of 2.38 and a beta of 0.33. The company has a quick ratio of 1.20, a current ratio of 2.47 and a debt-to-equity ratio of 0.36.
Hormel Foods Increases Dividend
Wall Street Analysts Forecast Growth
Several research firms have recently commented on HRL. Barclays set a $30.00 target price on shares of Hormel Foods and gave the stock an “overweight” rating in a research report on Tuesday, December 9th. Piper Sandler reissued a “neutral” rating and issued a $26.00 target price (up from $25.00) on shares of Hormel Foods in a report on Friday, December 5th. Zacks Research raised shares of Hormel Foods from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Hormel Foods in a research note on Thursday, January 22nd. Finally, Stephens decreased their price objective on Hormel Foods from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $27.43.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. MUFG Securities EMEA plc purchased a new position in Hormel Foods in the second quarter valued at about $26,000. Strive Financial Group LLC bought a new position in shares of Hormel Foods in the 4th quarter worth about $27,000. Motiv8 Investments LLC acquired a new position in Hormel Foods in the fourth quarter valued at approximately $28,000. Parkside Financial Bank & Trust grew its stake in Hormel Foods by 354.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,314 shares of the company’s stock worth $31,000 after buying an additional 1,025 shares during the last quarter. Finally, Ankerstar Wealth LLC bought a new stake in Hormel Foods in the 4th quarter valued at about $35,000. 40.99% of the stock is currently owned by institutional investors and hedge funds.
Hormel Foods Company Profile
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.
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