Hormel (HRL), a U.S.-based protein food company, is rated a 'hold' due to ongoing inflation, input cost pressures, and weak organic growth offsetting its undervaluation and strong dividend history. New management has streamlined operations, exiting low-margin businesses and focusing on growth in the Asia Pacific region. Despite a nearly 6% dividend yield and a 59-year dividend growth streak, the dividend growth rate has slowed to about 1%, with concerns over coverage due to volatile earnings and free cash flow. The stock trades at about 13.3 times projected 2026 earnings, below its historical average, but macroeconomic challenges and margin pressures delay a turnaround despite attractive valuation.
Hormel Foods Corp (HRL) trades at USD 19.84 with a 5.94% dividend yield on Pluang. The stock has a market cap of $10.85 billion and showed a 0.63% gain in the last day. These figures are current as of Sep 28, 2026 23:51 WIB.
