Hormel Foods (NYSE:HRL) Shares Sold Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Hormel Foods Corporation (NYSE:HRL). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Hormel Foods stock on August 13th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Home Depot (NYSE:HD) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 8/21/2026.
• Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.

Hormel Foods Stock Performance

NYSE:HRL opened at $22.06 on Thursday. The company’s 50-day moving average is $24.59 and its two-hundred day moving average is $23.33. The firm has a market capitalization of $12.14 billion, a price-to-earnings ratio of 35.02, a PEG ratio of 2.58 and a beta of 0.33. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.88 and a quick ratio of 0.92. Hormel Foods Corporation has a 1-year low of $19.70 and a 1-year high of $26.60.

Hormel Foods (NYSE:HRL) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.35 by $0.02. Hormel Foods had a return on equity of 9.91% and a net margin of 2.82%.The business had revenue of $2.96 billion for the quarter, compared to analyst estimates of $3.03 billion. During the same quarter in the prior year, the company posted $0.35 EPS. The company’s quarterly revenue was down 2.4% on a year-over-year basis. Hormel Foods has set its FY 2026 guidance at 1.450-1.510 EPS. Analysts forecast that Hormel Foods Corporation will post 1.49 EPS for the current year.

Hedge Funds Weigh In On Hormel Foods

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Raiffeisen Bank International AG raised its holdings in Hormel Foods by 90.7% in the second quarter. Raiffeisen Bank International AG now owns 986 shares of the company’s stock valued at $26,000 after buying an additional 469 shares during the period. MUFG Securities EMEA plc bought a new stake in shares of Hormel Foods in the second quarter worth $26,000. Strive Financial Group LLC bought a new position in shares of Hormel Foods during the fourth quarter worth about $27,000. Motiv8 Investments LLC acquired a new position in shares of Hormel Foods in the 4th quarter worth approximately $28,000. Finally, Fiduciary Financial Advisors bought a new stake in shares of Hormel Foods in the 2nd quarter valued at approximately $29,000. Institutional investors and hedge funds own 40.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on HRL shares. Weiss Ratings cut shares of Hormel Foods from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, August 28th. Stephens set a $23.00 price target on shares of Hormel Foods in a research note on Friday, August 28th. BNP Paribas Exane decreased their target price on Hormel Foods from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, August 28th. JPMorgan Chase & Co. raised their target price on shares of Hormel Foods from $25.00 to $26.00 and gave the stock a “neutral” rating in a research report on Friday, August 14th. Finally, Bank of America lifted their price objective on shares of Hormel Foods from $25.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, June 30th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Hormel Foods has a consensus rating of “Hold” and a consensus price target of $26.14.

Insider Activity

In other Hormel Foods news, Director Gary C. Bhojwani sold 20,200 shares of Hormel Foods stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $24.51, for a total value of $495,102.00. Following the completion of the transaction, the director owned 32,002 shares of the company’s stock, valued at $784,369.02. The trade was a 38.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.58% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Hormel Foods

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.