Hormel Foods Corp (NYSE: HRL) is -6.12% lower on its value in year-to-date trading and has touched a low of $27.59 and a high of $36.06 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HRL stock was last observed hovering at around $29.42 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $29.45, the stock is -0.39% and -1.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.26 million and changing 0.10% at the moment leaves the stock -4.14% off its SMA200. HRL registered -19.91% loss for a year compared to 6-month gain of 0.17%. The firm has a 50-day simple moving average (SMA 50) of $29.9032 and a 200-day simple moving average (SMA200) of $30.7218.
The stock witnessed a -4.41% loss in the last 1 month and extending the period to 3 months gives it a -0.67%, and is -2.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.22% over the week and 1.28% over the month.
Hormel Foods Corp (HRL) has around 20000 employees, a market worth around $16.19B and $11.91B in sales. Current P/E ratio is 21.38 and Fwd P/E is 16.46. Profit margin for the company is 6.35%. Distance from 52-week low is 6.74% and -18.33% from its 52-week high. The company has generated returns on investments over the last 12 months (6.96%).
The EPS is expected to grow by 1.37% this year
929.0 institutions hold shares in Hormel Foods Corp (HRL), with institutional investors hold 90.14% of the company’s shares. The shares outstanding are 549.79M, and float is at 290.07M with Short Float at 3.93%. Institutions hold 89.93% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 36.76 million shares valued at $1.12 billion. The investor’s holdings represent 6.699 of the HRL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 25.5 million shares valued at $777.45 million to account for 4.6472 of the shares outstanding. The other top investors are STATE STREET CORP which holds 24.45 million shares representing 4.4563 and valued at over $745.5 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.32 of the shares totaling 7.24 million with a market value of $220.26 million.
Hormel Foods Corp (HRL) Insider Activity
The most recent transaction is an insider sale by Murano Elsa A, the company’s Director. SEC filings show that Murano Elsa A sold 4,500 shares of the company’s common stock on Mar 27 ’25 at a price of $30.40 per share for a total of $0.14 million. Following the sale, the insider now owns 95488.0 shares.
Still, SEC filings show that on Dec 06 ’24, LYKKEN STEVEN J (GROUP VICE PRESIDENT) acquired 4,904 shares at an average price of $32.47 for $0.16 million. The insider now directly holds 7,100 shares of Hormel Foods Corp (HRL).
