HRL Hormel Foods Corp.

$HRL Been watching this for years but finally established a small position. Couldn't resist with the yield over 6%. The dividend coverage is tight but I don't think they'll cut it (and might even raise it even if only by 1 cent). First, The Hormel Foundation owns roughly 47% of the stock and they rely on dividends to fund their philanthropic endeavors and explicitly state that their community contributions are a direct result of the dividends collected from its shares. Because the foundation relies entirely on this cash flow to issue grants, it acts as a long-term investor that fiercely protects and encourages the growth of Hormel Foods' dividend. Second, Hormel is a "Dividend King", having increased its annual dividend for 60 years, easily surpassing the 50-year requirement to be considered a "king". Companies are loathe to surrender this status even during tough financial times. GLTA.

$HRL Finally, a major insider buy. The chart is repeating. The three arrows on the right are repeating the three arrows on the left. That is, a higher MACD despite a lower price. This is a momentum indicator and the downward momentum is slowing. You can see how the market rallied strongly after the third arrow on the left. Add in the 10K share insider buy at 20.10$, and the risk/reward is looking good.

$HRL we have to be at bottom. How far can somthing like this go. Crazy goes against practices. 

$HRL Hormel Foods announced a definitive agreement to acquire Brakebush Brothers, the family-owned, value-added chicken processor based in Westfield, Wisconsin, for approximately 1.06 billion. Brakebush sells processed raw and cooked chicken — patties, wings, nuggets — to foodservice customers. The deal expands Hormel's protein portfolio and is expected to close in the first quarter of fiscal 2027, adding to adjusted EPS from fiscal 2028. Hormel has been under pressure to reignite growth after years of sluggish volumes in key categories. This is its biggest acquisition bet in a while, diversifying the portfolio toward foodservice poultry. Shares down slightly this morning as the market digests the price tag.

$HRL all that talk about eliminating the dividend because they are in trouble yet they spend over a billion dollars on a chicken manufacturer. 🤔🤔🤔

$HRL Hormel Foods has officially agreed to acquire family-owned chicken producer Brakebush Brothers, LLC in an all-cash deal valued at $1.055B. Key deal terms: • Consideration: $1.055B cash base purchase price (funded via cash on hand & new debt financing) • Asset Profile: Brakebush generated ~$1.2B in trailing 12-month net sales across 5 manufacturing facilities and 2 R&D centers • Segment Reporting: Operations will be integrated primarily into Hormel's Foodservice segment to scale value-added poultry offerings • Timeline & Accretion: Closing targeted for fiscal Q1 2027 (pending HSR antitrust clearance); management guides accretive to core earnings/adjusted EPS beginning in fiscal 2028 Shares are trading higher pre-market around $20.15 (+1.5%).

$HRL for a company that is forced to hold half the float it sure has dropped these past few years..

S&P Global Ratings and Moody’s Ratings downgraded Hormel Foods’ credit ratings after the packaged-food company announced a $1.055 billion debt-funded acquisition of value-added chicken processor Brakebush Brothers. S&P cut Hormel’s issuer and senior unsecured ratings to BBB+ from A-, citing a slower deleveraging path. Pro forma adjusted leverage is expected to rise to 2.5x at closing from 1.8x before the deal, remaining above management’s 1.5x-2.0x target for more than two years. Moody’s lowered the senior unsecured rating to A3 from A2 and cited execution risks and pro forma debt/EBITDA leverage of 2.8x. Both agencies acknowledged the strategic rationale for Brakebush, which primarily serves foodservice customers through fixed-price contracts with costs tied to raw materials. The acquisition adds scale and EBITDA to Hormel’s highest-performing segment and could help lift consolidated EBITDA above $1.4 billion. $HRL

$HRL chicken chicken chicken love the move this is why we have cash in hand to position itself for the future and growth.

$HRL I am looking at where a good entry point would be for this stock. Although it looks cheap the dividend coverage is in question at this point and the stock has not fallen to similar price to book levels of peers in industry. I feel like this has more to fall...although I do see upside potential...I am willing to miss an opportunity on this one. I am thinking under 14 dollars per share would be the idea entry point because of the current macro conditions.

$HRL: filed in the earlier Tyson and Cargill turkey round? That does not count here. The $93.5M Hormel and Butterball round needs a new claim form by Oct 30. Direct purchasers 2010-2016 only. Open Class Actions.

$HRL: check your mail. The $93.5M turkey settlement sent pre-printed claim forms with purchases already calculated. File online with the Unique ID and PIN from your notice by Oct 30. Direct buyers only. Open Class Actions.

$HRL This is unreal. I don’t even know about the market anymore. New CEO needs to make a statement. This is the exact reason I was nervous when they announced he took over hasn’t said a word to even try to help this thing in the right direction. 

$HRL: 19 days left on the $93.5M turkey price-fixing settlement. Claims close Oct 30. Direct purchasers only, no consumer claim: buyers that bought turkey straight from the processors. A new claim form is required. Open Class Actions.

$HRL I saw the comments on Lean hogs at 5 yr lows. HRL doesnt own pork processing operations any longer so benefits from lower costs but what are they doing in product development to innovate when input prices are lower to increase revenue and profit? And what about offering value to consumers on lower priced items that greatly increased since Covid?

$HRL — Hormel Foods' holiday product launch and acquisition-driven credit downgrades were central to recent analyses. Recent analyses examined Hormel Foods Corporation (HRL) following its announcement of a new holiday product line and a significant acquisition. The reports covered the company's financial performance, including revenue trends and profitability metrics, alongside technical indicators suggesting a bearish short-term and medium-term outlook. Discussions also touched upon the strategic implications of the Brakebush Brothers acquisition and its impact on credit ratings.

$HRL very disappointing they are not buying instead of trying to acquire : Hormel Foods Corporation has not repurchased any shares of its common stock during the first nine months of fiscal 2026 (0 shares for $0). Key Details • Shares Repurchased in 2026: 0 shares • Total Repurchase Cost: $0 • Program Status: Under its long-running share repurchase authorization, Hormel made no open-market or privately negotiated buybacks through July 2026, keeping its cumulative total under that specific plan at 16,268,506 shares for $555.78 million.

$HRL Not sure I agree with this acquisition. Might have made more sense for them to be acquired. Will see how it works out but I agree with the negative in the market today on the stock.