Hormel Foods Corp vs ING Groep NV — how do they compare? Hormel Foods Corp trades at $24.36 (market cap $13.37B), while ING Groep NV trades at $35.49 (market cap $101.22B). The key difference: ING Groep NV is far larger — about 7.6× Hormel Foods Corp's market cap, and Hormel Foods Corp pays the higher dividend (4.81%). Which is the better fit depends on your goals.
| HRL | ING | |
|---|---|---|
Market Cap | $13.37B | $101.22B |
Sector | Consumer Staples | Financials |
52-Week High | $29.25 | $35.92 |
52-Week Low | $19.74 | $23.66 |
Enterprise Value | $15.37B | — |
Dividend Yield | 4.81% | 3.73% |
Trailing returns across standard periods
Latest headlines on both assets
Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
Read more on ING →