霍梅尔食品公司(纽约证券交易所代码：HRL)收到分析师一致建议的“持有”

Shares of Hormel Foods Co. (NYSE:HRL – Get Rating) have earned an average rating of "Hold" from the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $47.83.

A number of research analysts have recently commented on the company. The Goldman Sachs Group lowered Hormel Foods from a "neutral" rating to a "sell" rating and set a $44.00 price target for the company. in a report on Tuesday, March 15th. Argus upgraded Hormel Foods from a "hold" rating to a "buy" rating and set a $57.00 price target for the company in a report on Thursday, March 10th. Credit Suisse Group cut their price target on Hormel Foods to $44.00 in a report on Friday, June 3rd. Piper Sandler cut their target price on Hormel Foods to $48.00 in a research note on Friday, June 3rd. Finally, StockNews.com started coverage on Hormel Foods in a research note on Thursday, March 31st. They issued a "hold" rating for the company.

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Shares of Hormel Foods stock opened at $47.72 on Thursday. The stock has a market capitalization of $26.06 billion, a P/E ratio of 27.27, a PEG ratio of 3.27 and a beta of 0.12. The company has a quick ratio of 1.20, a current ratio of 2.28 and a debt-to-equity ratio of 0.45. The stock has a 50 day moving average price of $48.62 and a two-hundred day moving average price of $49.30. Hormel Foods has a 12-month low of $40.48 and a 12-month high of $55.11.

Hormel Foods (NYSE:HRL – Get Rating) last issued its quarterly earnings results on Thursday, June 2nd. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.01. Hormel Foods had a return on equity of 14.10% and a net margin of 7.70%. The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same period in the previous year, the company earned $0.42 earnings per share. The company's quarterly revenue was up 18.8% compared to the same quarter last year. Sell-side analysts anticipate that Hormel Foods will post 1.87 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 15th. Shareholders of record on Monday, July 11th will be paid a dividend of $0.26 per share. The ex-dividend date is Friday, July 8th. This represents a $1.04 annualized dividend and a yield of 2.18%. Hormel Foods's dividend payout ratio is currently 59.43%.

In other Hormel Foods news, SVP Kevin L. Myers sold 5,000 shares of the stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $45.07, for a total transaction of $225,350.00. Following the completion of the transaction, the senior vice president now directly owns 32,869 shares in the company, valued at $1,481,405.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Swen Neufeldt sold 960 shares of the stock in a transaction on Monday, May 2nd. The stock was sold at an average price of $51.82, for a total value of $49,747.20. Following the transaction, the vice president now owns 23,332 shares of the company's stock, valued at $1,209,064.24. The disclosure for this sale can be found here. Insiders have sold 8,070 shares of company stock valued at $372,727 over the last quarter. Corporate insiders own 0.78% of the company's stock.

Several hedge funds have recently made changes to their positions in the company. Regentatlantic Capital LLC grew its holdings in shares of Hormel Foods by 2.6% during the first quarter. Regentatlantic Capital LLC now owns 8,267 shares of the company's stock worth $426,000 after purchasing an additional 210 shares during the last quarter. Savant Capital LLC grew its holdings in shares of Hormel Foods by 3.2% during the fourth quarter. Savant Capital LLC now owns 6,778 shares of the company's stock worth $331,000 after purchasing an additional 211 shares during the last quarter. ICW Investment Advisors LLC grew its holdings in shares of Hormel Foods by 0.6% during the first quarter. ICW Investment Advisors LLC now owns 37,134 shares of the company's stock worth $1,914,000 after purchasing an additional 215 shares during the last quarter. CENTRAL TRUST Co grew its holdings in shares of Hormel Foods by 14.2% during the first quarter. CENTRAL TRUST Co now owns 1,804 shares of the company's stock worth $93,000 after purchasing an additional 225 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in shares of Hormel Foods by 0.3% during the first quarter. Arizona State Retirement System now owns 81,882 shares of the company's stock worth $4,220,000 after purchasing an additional 226 shares during the last quarter. Institutional investors own 41.06% of the company's stock.

Hormel Foods Company Profile (Get Rating)

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other.

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