Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Wholly®, Hormel® Black Label®, Columbus® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the 'Global 2000 World's Best Employers' list by Forbes magazine for three straight years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's 'The 100 Best Corporate Citizens' list for 12 years in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement - Inspired People. Inspired Food.™ - to bring some of the world's most trusted and iconic brands to tables across the globe.

Company profile
Ticker
HRL
Exchange
Website
CEO
Jeffrey Ettinger
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. • Castelmassa Participação S.A. ...
IRS number
410319970
HRL stock data
News

Peering Into Hormel Foods Recent Short Interest
11 Aug 22
Tyson Foods (TSN) Q3 Earnings And Revenues Surpass Estimates
8 Aug 22
$100 Invested In Hormel Foods 15 Years Ago Would Be Worth This Much Today
1 Aug 22
This Foreboding Sign Looms Over Hormel Foods's Chart
25 Jul 22
$100 Invested In Hormel Foods 20 Years Ago Would Be Worth This Much Today
13 Jul 22
Press releases
Hormel Foods Announces New Strategic Operating Model
9 Aug 22
The Makers of the CORN NUTS® Brand Search to Find the Crunchiest Crunch with Musical Artist Sammy Arriaga
26 Jul 22
Hormel Foods Named to Selling Power's 50 Best Companies to Sell For List in 2022
13 Jul 22
BELOVED SPAM® BRAND CELEBRATES 85TH BIRTHDAY
5 Jul 22
Hormel Foods Details Changing Culinary Landscape in America
30 Jun 22
Calendar
2 Jun 22
20 Aug 22
30 Oct 22
Financial summary
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Diluted EPS |
Annual (USD) | Oct 21 | Oct 20 | Oct 19 | Oct 18 | |
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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) | 861.72M | 861.72M | 861.72M | 861.72M | 861.72M | 861.72M |
Cash burn (monthly) | (no burn) | 51.9M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 189.58M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 672.14M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 13.0 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Jun 22 | Policinski Christopher J. | Common Stock | Sell | Dispose S | No | No | 46.2715 | 2,110 | 97.63K | 85,254.136 |
23 Jun 22 | Policinski Christopher J. | Common Stock | Option exercise | Acquire M | No | No | 14.62 | 6,600 | 96.49K | 87,364.136 |
23 Jun 22 | Policinski Christopher J. | Stock Options Common Stock | Option exercise | Dispose M | No | No | 14.62 | 6,600 | 96.49K | 0 |
7 Jun 22 | Paul R Kuehneman | Common Stock | Grant | Acquire A | No | No | 0 | 344 | 0 | 3,595.452 |
7 Jun 22 | Paul R Kuehneman | Stock Options Common Stock | Grant | Acquire A | No | No | 45.63 | 1,700 | 77.57K | 1,700 |
7 Jun 22 | Kevin L Myers | Common Stock | Sell | Dispose S | No | No | 45.0667 | 5,000 | 225.33K | 32,868.754 |
7 Jun 22 | Kevin L Myers | Common Stock | Option exercise | Acquire M | No | No | 22.99 | 5,000 | 114.95K | 37,868.75 |
7 Jun 22 | Kevin L Myers | Stock Options Common Stock | Option exercise | Dispose M | No | No | 22.99 | 5,000 | 114.95K | 15,400 |
2 May 22 | Swen Neufeldt | Common Stock | Sell | Dispose S | Yes | No | 51.82 | 959.552 | 49.72K | 0 |
Institutional ownership, Q2 2022
13F holders | Current |
---|---|
Total holders | 643 |
Opened positions | 61 |
Closed positions | 82 |
Increased positions | 229 |
Reduced positions | 226 |
13F shares | Current |
---|---|
Total value | 10.09B |
Total shares | 212.94M |
Total puts | 1.01M |
Total calls | 932.8K |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 34.3M | $1.62B |
BLK Blackrock | 29.22M | $1.38B |
STT State Street | 27M | $1.28B |
Capital International Investors | 12.05M | $570.95M |
PFG Principal Financial Group Inc - Registered Shares | 5.94M | $281.23M |
Geode Capital Management | 5.94M | $280.96M |
Mairs & Power | 4.77M | $225.91M |
IVZ Invesco | 4.5M | $212.92M |
ProShare Advisors | 3.17M | $150.19M |
NTRS Northern Trust | 3.16M | $149.77M |
Financial report summary
?Management Discussion
- Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
announced, challenged, confirmed, conflict, cybersecurity, deemed, Dubuque, escalation, exercise, exercised, fallback, family, floating, fulfill, heighten, heightened, invoice, Iowa, loading, low, military, Minnesota, monitor, oil, Overnight, pantry, persistent, pressure, published, Russia, seasonal, SKIPPY, SOFR, Ukraine, usage, vertically, Wisconsin
Financial reports
Current reports
8-K
Hormel Foods Reports Record Sales and Double-digit Earnings Growth In the Second Quarter
2 Jun 22
8-K
Hormel Foods Reports Record First Quarter Sales and Reaffirms Full Year Sales and Earnings Guidance
1 Mar 22
8-K
Submission of Matters to a Vote of Security Holders
27 Jan 22
8-K
Departure of Directors or Certain Officers
27 Jan 22
8-K
Hormel Foods Reports Record Fourth Quarter Sales and Earnings with Double-digit Sales Growth from Every Segment
9 Dec 21
8-K/A
Departure of Directors or Certain Officers
2 Dec 21
8-K
Departure of Directors or Certain Officers
29 Oct 21
8-K
Hormel Foods Reports Third Quarter Results and Updates Full Year Earnings Guidance Range
2 Sep 21
8-K/A
Financial Statements and Exhibits
23 Aug 21
8-K
Hormel Foods Announces Closing of Acquisition of Planters® Snacking Business
7 Jun 21
Registration and prospectus
424B2
Prospectus for primary offering
26 May 21
FWP
Free writing prospectus
25 May 21
424B5
Prospectus supplement for primary offering
25 May 21
424B2
Prospectus for primary offering
5 Jun 20
FWP
Free writing prospectus
4 Jun 20
424B5
Prospectus supplement for primary offering
4 Jun 20
S-3ASR
Automatic shelf registration
4 May 20
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Feb 18
S-8 POS
Registration of securities for employees (post-effective amendment)
20 Feb 18
S-8
Registration of securities for employees
30 Jan 18
Proxies
Other
NO ACT
No action letter
30 Oct 16
NO ACT
No action letter
25 Oct 16
UPLOAD
Letter from SEC
19 Feb 15
CORRESP
Correspondence with SEC
28 Jan 15
UPLOAD
Letter from SEC
15 Jan 15
UPLOAD
Letter from SEC
24 Feb 13
CORRESP
Correspondence with SEC
14 Feb 13
UPLOAD
Letter from SEC
5 Feb 13
UPLOAD
Letter from SEC
28 Feb 12
CORRESP
Correspondence with SEC
21 Feb 12
Ownership
3
HORMEL FOODS / Florence Makope ownership change
2 Aug 22
4
HORMEL FOODS / Christopher J. Policinski ownership change
27 Jun 22
4
HORMEL FOODS / Kevin L Myers ownership change
9 Jun 22
4
HORMEL FOODS / Paul R Kuehneman ownership change
9 Jun 22
4
HORMEL FOODS / Swen Neufeldt ownership change
4 May 22
11-K
Annual report of employee stock purchases
21 Apr 22
11-K
Annual report of employee stock purchases
21 Apr 22
11-K
Annual report of employee stock purchases
21 Apr 22
11-K
Annual report of employee stock purchases
21 Apr 22
4
HORMEL FOODS / William A Newlands ownership change
4 Apr 22
Patents
Utility
Microwaveable Packaged Food Product
30 Dec 21
A package containing nuts and suitable for microwave heating is described herein.
Utility
Method of producing bacteria reduced raw, fresh, ground meat products
28 Dec 20
A method of producing bacteria reduced raw, fresh, ground meat products comprises obtaining a first portion of meat and a second portion of meat.
Transcripts
2022 Q2
Earnings call transcript
2 Jun 22
2022 Q1
Earnings call transcript
1 Mar 22
2021 Q4
Earnings call transcript
9 Dec 21
2021 Q3
Earnings call transcript
2 Sep 21
2021 Q2
Earnings call transcript
20 May 21
2021 Q1
Earnings call transcript
18 Feb 21
2020 Q4
Earnings call transcript
24 Nov 20
2020 Q3
Earnings call transcript
25 Aug 20
2020 Q2
Earnings call transcript
21 May 20
2020 Q1
Earnings call transcript
20 Feb 20
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