Hormel Foods Corp vs Invesco Ltd. — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while Invesco Ltd. trades at $29.68 (market cap $13.15B). The key difference: Hormel Foods Corp and Invesco Ltd. are close in size by market cap, and Hormel Foods Corp pays the higher dividend (4.63%). Which is the better fit depends on your goals.
| HRL | IVZ | |
|---|---|---|
Market Cap | $13.91B | $13.15B |
Sector | Consumer Staples | Financials |
52-Week High | $29.52 | $30.30 |
52-Week Low | $19.74 | $20.20 |
Enterprise Value | $15.91B | $23.39B |
Dividend Yield | 4.63% | 2.9% |
Trailing returns across standard periods
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 →Invesco provides investment-management services to retail (65% of managed assets) and institutional (35%) clients. At the end of August 2022, the firm had $1.416 trillion in assets under management spread among its equity (47% of AUM), balanced (5%), fixed-income (22%), alternative investment (14%), and money market (12%) operations. Passive products account for 32% of Invesco's total AUM, including 56% of the company's equity operations and 13% of its fixed-income platform. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside the U.S., with close to one third of its AUM sourced from Canada (2%), the U.K. (4%), continental Europe (11%), and Asia (15%).
Read more on IVZ →