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HRL

HORMEL FOODS CORPORATION

HORMEL FOODS CORPORATION (HRL) has a dated report snapshot, but its current priced-in claim is temporarily suppressed because the live engine record is unavailable or has changed.

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Priced In
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Key Takeaways

• Hormel is a branded protein and shelf-stable food maker (SPAM, Planters, Jennie-O, Skippy) that has raised its dividend for 59 consecutive years, a record that tells you more about the cash consistency of the business than any single quarter's earnings do. • The clearest risk is customer concentration paired with input-cost swings: the top five customers were about 38% of gross sales in fiscal 2025, and grain, lean-hog, and energy prices feed straight into a margin that has already been compre

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Institutional ownership

613 institutional managers reported holding HRL in 13F filings for the quarter ended 2026-03-31. Together they hold about 45% of the company; the top 10 hold 27%. 70 opened new positions that quarter. Held by Vanguard Group, State Street, BlackRock, among others. On the short side, 21.2M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (4.8 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

HRL's share count grew 1.6% over the past five years even with $22.61M spent on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting), raised 16 years straight; the current rate is $1.16 a share annually. Cash returned over the past three years: $1.87B in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at HRL over the trailing three years: 2023: 2 buys totaling $59k; 2024: 2 buys totaling $184k. 25 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

HRL's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-09-01-3.2%-14.4%
2023-12-07-4.3%-7.5%
2024-03-01+8.2%+5.4%
2024-05-31-9.2%+6.1%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

HRL's latest 8-K filings: 2026-06-12 (items 5.02, 9.01); 2026-05-28 (items 2.02, 9.01); 2026-02-26 (items 2.02, 9.01); 2026-02-18 (items 2.02, 9.01); 2026-02-02 (items 5.02, 5.07, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.