Hormel Foods (HRL) Expected to Announce Quarterly Earnings on Thursday

Hormel Foods (NYSE:HRL) is anticipated to announce 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 may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, February 26, 2026 at 8:00 AM ET.

Hormel Foods (NYSE:HRL) last released its earnings results on Wednesday, December 3rd. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. Hormel Foods had a net margin of 3.95% and a return on equity of 9.41%. The firm had revenue of $3.19 billion during the quarter, compared to analyst estimates of $3.24 billion. During the same quarter in the previous year, the business earned $0.42 EPS. The business’s revenue was up 1.5% on a year-over-year basis. 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 Trading Up 4.5%

Shares of Hormel Foods stock opened at $24.49 on Thursday. The company has a current ratio of 2.47, a quick ratio of 1.20 and a debt-to-equity ratio of 0.36. The company’s fifty day simple moving average is $24.06 and its 200-day simple moving average is $24.47. Hormel Foods has a 1 year low of $21.03 and a 1 year high of $32.07. The company has a market cap of $13.47 billion, a price-to-earnings ratio of 28.15, a PEG ratio of 2.38 and a beta of 0.33.

Hormel Foods Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, January 12th were issued a dividend of $0.2925 per share. The ex-dividend date of this dividend was Monday, January 12th. This is a boost from Hormel Foods’s previous quarterly dividend of $0.29. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.8%. Hormel Foods’s dividend payout ratio (DPR) is 134.48%.

Institutional Trading of Hormel Foods

Several institutional investors have recently added to or reduced their stakes in the company. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of Hormel Foods by 5.0% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 8,967 shares of the company’s stock valued at $213,000 after purchasing an additional 431 shares during the last quarter. Siemens Fonds Invest GmbH grew its position in shares of Hormel Foods by 3.8% in the third quarter. Siemens Fonds Invest GmbH now owns 13,407 shares of the company’s stock valued at $332,000 after purchasing an additional 486 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Hormel Foods by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 90,362 shares of the company’s stock worth $2,236,000 after acquiring an additional 560 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Hormel Foods by 1.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 46,389 shares of the company’s stock valued at $1,148,000 after purchasing an additional 576 shares during the last quarter. Finally, Bank of Nova Scotia boosted its position in shares of Hormel Foods by 2.3% during the 2nd quarter. Bank of Nova Scotia now owns 30,306 shares of the company’s stock worth $917,000 after purchasing an additional 671 shares during the period. Institutional investors own 40.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Piper Sandler reaffirmed a “neutral” rating and issued a $26.00 price target (up from $25.00) on shares of Hormel Foods in a research note on Friday, December 5th. Wall Street Zen raised shares of Hormel Foods from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. The Goldman Sachs Group set a $27.00 target price on Hormel Foods and gave the stock a “buy” rating in a research note on Thursday, October 30th. Bank of America boosted their price target on Hormel Foods from $25.00 to $26.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Finally, Stephens reduced their price objective on shares of Hormel Foods from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 11th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $27.43.

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.