Institutional ownership of Hormel Foods Corporation (HRL) stands at 43% with 47% being controlled by a company-controlled foundation. Numerous entities, including Deutsche Bank AG and Citigroup Inc., have significant holdings in the company. Adjustments have been made to these holdings with entities such as Federated Hermes Inc., Invesco Ltd., and LPL Financial LLC reducing their stakes whilst Resona Asset Management Co. Ltd., Forsta AP Fonden, and National Bank of Canada FI have increased positions. Dividend announcements for the company have also gained attention, with a 59th consecutive increase in the annual dividend. Leadership changes involving John Ghingo and Jeffrey Ettinger have occurred and new product releases, such as bold new flavors for HORMEL® Pepperoni, have been unveiled recently. Meanwhile, analyst estimates are shedding light on where they believe Hormel Foods stands after their recent quarterly report. The company's stock value has shown a downward trend with a loss of 31% over the past five years. There has also been a decrease in retail demand and a disappointing volume decline has been noted.
Hormel Foods Corporation HRL News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sat, 16 Aug 2025 19:55:56 GMT -
Rating 2
- Innovation -5
- Information 7
- Rumor -3
