I last reviewed Hormel (HRL) in this May 21, 2021 post at which time I concluded it was an overvalued Dividend King. This Dividend King has a history of 375 consecutive quarters of dividend payments and dividend increases of 56 consecutive years; it has paid a regular quarterly dividend without interruption since becoming a public [...]
Not all investors seek excitement and volatility from their investments and look to Hormel Foods Corporation (HRL) for its low volatility, stability, and dependability. Although HRL is a high-quality company, the current issue as I see it is that HRL is an overvalued Dividend King. A Dividend King is a US public company with a [...]
When I initiated a position in Hormel Foods Corporation (HRL) in June 2017, one of the factors I took into consideration was that The Hormel Foundation controls more than 48% of HRL's stock. While some investors may have a negative opinion of the Foundation's degree of control, I viewed this as a 'positive'. HRL is [...]
Hormel Foods Corporation (HRL) is a member of the exclusive group of Dividend Kings (dividend increases for at least 50 consecutive years). This article looks at valuation based on Q1 2019 results and FY2019 guidance. Summary Hormel Foods has just released Q1 2019 results and has reaffirmed FY2019 guidance of $1.77 - $1.91 per share. [...]
In 2017 articles and early 2018 articles I indicated I was of the opinion Hormel's (HRL) shares were undervalued. In my August 28, 2018 article I indicated I viewed them as fairly valued. On November 20th, HRL released its Q4 and FY2018 results and FY2019 projections. I now view HRL shares as overvalued. Summary HRL [...]
Hormel Foods, the maker of SPAM and Skippy Peanut Butter, released its Q3 results on August 23. This article is an update to my February 22 and May 24 articles. Summary HRL is transitioning from low margin commodity related businesses to higher margin branded value added products. Brands with a long history in North [...]
Summary HRL is transitioning from low margin commodity related businesses to higher margin branded value added products. Brands with a long history in North American markets are being well received in international markets. HRL is one of a handful of companies which has increased its dividend for 50+ consecutive years. The dividend yield is low [...]
This is an introduction to my Hormel Foods Corporation (HRL) stock analysis which is based on Q2 2018 results and management's guidance for the second half of FY2018. Summary HRL, as with other companies in the Consumer Staples sector, is experiencing headwinds such as changing consumer tastes. Its stock price has not been negatively impacted [...]
Summary HRL, as with other companies in the Consumer Staples sector, is experiencing headwinds such as changing consumer tastes. Its stock price has not been negatively impacted to the same extent as other members of this sector. HRL Investors have not experienced significant positive investment returns over the last couple of years. They have, however, [...]
Summary On February 22, 2018 HRL released its Q1 2018 results and increased FY2018 EPS guidance. Q1 2018 reported revenue growth in the Grocery Products: $613.87M (+1%), Refrigerated Foods: $1.18B (+5%), International & Other: $150.32M (+19%) segments but Commodity turkey breast markets remain at multi-year lows thus resulting in weak results at Jennie-O Turkey Store: $390.65M [...]
