Rep. Kevin Hern Sells Hormel Foods Corporation (NYSE:HRL) Shares

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Hormel Foods Corporation (NYSE:HRL). In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Hormel Foods stock on August 13th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Home Depot (NYSE:HD) on 8/24/2026.
• Sold $50,001 – $100,000 in shares of Procter & Gamble (NYSE:PG) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 8/24/2026.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 8/21/2026.
• Sold $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 8/21/2026.
• Sold $15,001 – $50,000 in shares of Honeywell Aerospace (NASDAQ:HONA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Colgate-Palmolive (NYSE:CL) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Biogen (NASDAQ:BIIB) on 8/18/2026.

Hormel Foods Trading Down 1.5%

Shares of HRL stock opened at $21.71 on Friday. The company has a current ratio of 1.88, a quick ratio of 0.92 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $11.95 billion, a price-to-earnings ratio of 34.46, a price-to-earnings-growth ratio of 2.59 and a beta of 0.33. Hormel Foods Corporation has a 12-month low of $19.70 and a 12-month high of $26.60. The stock’s 50-day moving average price is $24.51 and its 200-day moving average price is $23.31.

Hormel Foods (NYSE:HRL) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. The company had revenue of $2.96 billion during the quarter, compared to analyst estimates of $3.03 billion. Hormel Foods had a return on equity of 9.91% and a net margin of 2.82%.The firm’s revenue was down 2.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.35 earnings per share. Hormel Foods has set its FY 2026 guidance at 1.450-1.510 EPS. Equities research analysts predict that Hormel Foods Corporation will post 1.49 EPS for the current fiscal year.

Institutional Investors Weigh In On Hormel Foods

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HRL. The Manufacturers Life Insurance Company purchased a new position in Hormel Foods during the second quarter valued at approximately $5,554,000. Masters Capital Management LLC purchased a new stake in Hormel Foods in the 1st quarter worth approximately $19,252,000. Fidelity National Financial Inc. acquired a new stake in shares of Hormel Foods during the 4th quarter worth approximately $15,642,000. BNP Paribas Financial Markets grew its stake in shares of Hormel Foods by 21.2% during the 4th quarter. BNP Paribas Financial Markets now owns 465,204 shares of the company’s stock worth $11,025,000 after purchasing an additional 81,420 shares during the period. Finally, AMG National Trust Bank purchased a new position in shares of Hormel Foods during the 2nd quarter valued at approximately $8,338,000. 40.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Gary C. Bhojwani sold 20,200 shares of the business’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $24.51, for a total value of $495,102.00. Following the completion of the transaction, the director directly owned 32,002 shares in the company, valued at $784,369.02. The trade was a 38.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.58% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on HRL shares. Weiss Ratings cut Hormel Foods from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, August 28th. The Goldman Sachs Group set a $25.00 target price on shares of Hormel Foods in a report on Thursday, May 21st. Bank of America boosted their price target on shares of Hormel Foods from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 30th. Stephens set a $23.00 price objective on shares of Hormel Foods in a research report on Friday, August 28th. Finally, BNP Paribas Exane lowered their price objective on shares of Hormel Foods from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, August 28th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $26.14.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

Hormel Foods Company Profile

Hormel Foods Corporation is a global branded foods company primarily engaged in the production, marketing and distribution of value-added, high-quality meat and food products. The company’s portfolio spans a range of categories including refrigerated and frozen meats, pantry staples, specialty foods and shelf-stable items. Through manufacturing facilities located across North America and international markets, Hormel Foods supplies retail grocers, foodservice operators, convenience stores and e-commerce platforms.

Among its best-known brands, Hormel Foods produces SPAM® canned meats, Jennie-O® turkey products, Skippy® peanut butter and Applegate® natural and organic meats.