Hormel Foods (HRL) Expected to Announce Quarterly Earnings on Thursday

Hormel Foods (NYSE:HRL) is anticipated to announce its Q3 2025 results before the market opens on Thursday, August 28th. Analysts expect the company to announce earnings of $0.41 per share and revenue of $2.9812 billion for the quarter. Hormel Foods has set its FY 2025 guidance at 1.580-1.680 EPS.Investors may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, August 28, 2025 at 9:00 AM ET.

Hormel Foods (NYSE:HRL) last issued its earnings results on Thursday, May 29th. The company reported $0.35 EPS for the quarter, hitting the consensus estimate of $0.35. The company had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.92 billion. Hormel Foods had a return on equity of 10.20% and a net margin of 6.27%.The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.38 EPS. On average, analysts expect Hormel Foods to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hormel Foods Stock Performance

NYSE:HRL opened at $28.8750 on Tuesday. The stock has a market cap of $15.88 billion, a P/E ratio of 21.23, a PEG ratio of 3.33 and a beta of 0.31. The stock has a 50 day simple moving average of $29.47 and a 200 day simple moving average of $29.68. The company has a current ratio of 2.47, a quick ratio of 1.17 and a debt-to-equity ratio of 0.35. Hormel Foods has a 1-year low of $27.59 and a 1-year high of $33.80.

Analysts Set New Price Targets

Several research firms recently weighed in on HRL. BNP Paribas raised Hormel Foods from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 27th. BNP Paribas Exane raised Hormel Foods from an “underperform” rating to a “neutral” rating and set a $30.00 price target for the company in a report on Tuesday, May 27th. The Goldman Sachs Group began coverage on Hormel Foods in a report on Monday, June 23rd. They set a “buy” rating and a $35.00 price target for the company. JPMorgan Chase & Co. raised Hormel Foods from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $29.00 to $34.00 in a report on Wednesday, August 20th. Finally, Stephens reissued an “equal weight” rating and set a $31.00 price target on shares of Hormel Foods in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.00.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Bank of Nova Scotia raised its stake in shares of Hormel Foods by 2.3% in the second quarter. Bank of Nova Scotia now owns 30,306 shares of the company’s stock worth $917,000 after purchasing an additional 671 shares during the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Hormel Foods in the second quarter worth approximately $26,000. BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of Hormel Foods by 5.9% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 16,629 shares of the company’s stock worth $503,000 after purchasing an additional 924 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Hormel Foods by 1.8% in the first quarter. Empowered Funds LLC now owns 57,500 shares of the company’s stock worth $1,779,000 after purchasing an additional 993 shares during the last quarter. Finally, Financial Advisors Network Inc. raised its stake in shares of Hormel Foods by 13.5% in the second quarter. Financial Advisors Network Inc. now owns 11,619 shares of the company’s stock worth $351,000 after purchasing an additional 1,386 shares during the last quarter. 40.99% of the stock is owned by institutional investors and hedge funds.

About Hormel Foods

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others.