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Argus

Mar 18, 2026

Hormel Foods Corporation: Looking for a more-favorable entry point

Symbols

HRL

Sector(s)

Consumer Defensive

Rating

Earnings Estimate

Current Price

$21.33

Price Target

Summary

Hormel Foods Corp., based in Austin, Minnesota, produces and markets meat and food products to retail, foodservice, deli, and commercial customers in the U.S. and internationally. The company is 48%-owned by the Hormel Foundation. The Foundation's priorities are to preserve the independence of the company; support the Austin, Minnesota, community; and provide for the finan

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