← BackHORMEL FOODS CORP /DE/ · Meat Packing PlantsHRL
Low riskNext report: In 1 days (est.)
The short versionA profitable company with steady sales. Insiders are buying.
Going well
- Raised its dividend (5.5% yield)
- Profitable every year for 10 years
- Brings in more cash than it spends
Money moves
- An insider bought $201K of shares with their own money in the last 30 days
- Institutions cut 3.8% from their holdings in the quarter ending June 2026 (317 bought, 319 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$20.96-0.4% that day
Latest insider buy: A director bought at $20.10 on Oct 5. The stock is now $20.96, +4.3% since.
- Company value
- $11.6B
- Share price times all shares
- Price vs profit (P/E)
- 33.3x
- You pay about $33 for each $1 of yearly profit
- Price vs sales
- 0.95x
- Company value is 0.95 times a year of sales
- Dividend yield
- 5.5%
- Yearly dividend as a share of today's price
- Cash vs value
- 7%
- Cash as a share of company value
- Debt vs value
- 25%
- Debt as a share of company value
From HRL's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jul '26$3.0B-2.4% vs a year earlier
Oct '23Tap a barJul '26
Last 12 months: $12.1B, up 0.7% from the 12 months before. Over 5 years, sales grew about 4.7% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.6.0%
- PassDebt under half of equityNot relying on borrowed money.0.36x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.4.0%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$534.3M
- PassShare count not growingNot diluting owners. Falling means buybacks.+0.2% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.15.6%
- Revenue
- $12.1B
- +1.6% vs prior year
- 5-year growth
- +4.7%/yr
- revenue, per year
- Total debt
- $2.9B
- 0.36x equity
- Current ratio
- 2.66x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 26, 2026- Revenue
- $3.0B
- -2.4% YoY
- EPS
- $0.11
- vs $0.33
- Op. margin
- 3.7%
- -4.2 pts
- Gross margin
- 15.9%
- -0.2 pts
- Free cash flow
- $172.4M
- Share count
- +0.1%
- vs a year ago
Insider rating
Last 90 days
70Buying
- 1 insider bought $201K
- William A Newlands grew their stake 15.1%
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
48/ 100
- This week
- 1
- Normal week
- 1.1
- vs normal
- 0.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-3.8%Institutions cut 3.8% from their holdings. 317 bought, 319 sold.
Shares held by institutions241.1M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+0.1%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.4x · $2.9B debtShares outstandingLatest reported
551MNext reportIn 1 days (est.)Estimated from the same quarter last year
- Results filedAug 27
- Results filedMay 28
- Results filedFeb 26
- Results filedFeb 18
- Results filedDec 4, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days Bought$201K1 insider
Sold$00 insiders
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
William A NewlandsDirector | Buy | 10K | $20.10 | $201K | 76K | |
- +15.1% of their holdings
- Filed 1 day after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Shares withheld for taxesJeffrey M EttingerDirector
15,094 shares at $21.06 · $318K
- -21% of holdings
- Now owns 57,230 shares
- Filed 2 days after trade
Shares withheld for taxesD Scott AakreDirector
5,929 shares at $23.23 avg ($21.06 to $24.61) · $138K
- -11% of holdings
- Now owns 45,924 shares
- 2 transactions
- Filed 2 days after trade
Stock awardAsh BhumblaExecutive VP & CFO
62,468 shares
- Now owns 62,468 shares
- Filed 2 days after trade
Shares withheld for taxesKevin L MyersSENIOR VICE PRESIDENT
864 shares at $20.25 · $17K
- -1% of holdings
- Now owns 57,042 shares
- Filed 3 days after trade
BoughtWilliam A NewlandsDirector
10,000 shares at $20.10 · $201K
- +15% of holdings
- Now owns 76,375 shares
- Filed 1 day after trade
Stock awardGary C. BhojwaniDirector
3,028 shares at $19.94 · $60K
- +10% of holdings
- Now owns 33,205 shares
- Filed 2 days after trade