Hormel Foods Corporation (HRL) has seen a recent flurry of financial activity, with various entities adjusting their positions. Acadian Asset Management, and American International Group are among the groups reducing their holdings, while Janus Henderson Group, Swiss National Bank, and Price T Rowe Associates are adding to theirs. Swedish firm Swedbank AB made a new investment, while Bayesian Capital Management purchased new shares. The company announced the 2024 class of its 10 Under 20 Food Heroes as well as the retirement of notable executives Mark Coffey and Jeff Grev, and the advancement of others, including Matt Schrupp. Despite declaring its quarterly dividend, Hormel's stock has risen, but still underperformed the market. The company's Q2 2024 earnings call and fiscal 2024 Q1 results were released. The company has also been named to the Forbes List of America's Best Employers for Women 2024 and was once again noted as one of the 60 Best Companies to Sell For. However, in the last three years, the investors have not gained substantially and there are concerns about the stock being overpriced.
Hormel Foods Corporation HRL News Analytics from Thu, 12 Oct 2023 07:00:00 GMT to Sun, 04 Aug 2024 10:47:10 GMT -
Rating -4
- Innovation 4
- Information 9
- Rumor -6
