Hormel Foods (HRL) – Research Analysts’ Recent Ratings Changes

Hormel Foods (NYSE: HRL) has recently received a number of price target changes and ratings updates:

• 8/28/2026 – Hormel Foods was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 8/28/2026 – Hormel Foods was given a new $23.00 price target by Stephens.
• 8/28/2026 – Hormel Foods had its price target lowered by BNP Paribas Exane from $27.00 to $26.00. They now have a “neutral” rating on the stock.
• 8/14/2026 – Hormel Foods had its price target raised by JPMorgan Chase & Co. from $25.00 to $26.00. They now have a “neutral” rating on the stock.
• 8/12/2026 – Hormel Foods was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 7/17/2026 – Hormel Foods had its “sell (d+)” rating reaffirmed by Weiss Ratings.
• 7/14/2026 – Hormel Foods had its price target raised by BNP Paribas Exane from $26.00 to $27.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Hormel Foods had its “equal weight” rating reaffirmed by Stephens. They now have a $25.00 price target on the stock.

Insider Activity at Hormel Foods

In related news, Director Gary C. Bhojwani sold 20,200 shares of the company’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $24.51, for a total transaction of $495,102.00. Following the completion of the sale, the director directly owned 32,002 shares in the company, valued at $784,369.02. This represents a 38.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.58% of the company’s stock.

Hormel Foods Corporation is a global branded foods company primarily engaged in the production, marketing and distribution of value-added, high-quality meat and food products. The company’s portfolio spans a range of categories including refrigerated and frozen meats, pantry staples, specialty foods and shelf-stable items. Through manufacturing facilities located across North America and international markets, Hormel Foods supplies retail grocers, foodservice operators, convenience stores and e-commerce platforms.

Among its best-known brands, Hormel Foods produces SPAM® canned meats, Jennie-O® turkey products, Skippy® peanut butter and Applegate® natural and organic meats.