Loading…
Loading…
Conagra and Campbell's already made their moves, but several other legacy food giants are sending quieter signals that income investors have learned to recognize too late. Three warning patterns separate a frozen payout from the next cut.
Hormel and General Mills both cut big dividend checks and carry identical payout ratios, yet one of these grocery giants has a streak the other can never match.
AUSTIN, Minn., Sept. 1, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Jeff Ettinger, interim chief executive officer, and John Ghingo, president and chief executive officer-elect, will participate in a fireside chat discussion at the Barclays Global Consumer Staples Conference on Wednesday, Sept.
Some dividend stocks fold the moment a recession hits, but four consumer staples names kept raising their payouts straight through a housing collapse and a global lockdown without missing a beat.
Hormel Foods Corporation (NYSE: HRL - Get Free Report) has earned a consensus recommendation of "Hold" from the nine research firms that are covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages
Hormel Foods Corporation experienced a significant share price drop following its latest quarterly results, reflecting heightened sector headwinds. HRL's portfolio remains among the most resilient in large-cap food, given its protein-centric nature. Turkey and other poultry products constitute a substantial portion of HRL's portfolio, benefiting from consumer shifts toward this segment.
They didn't seem fond of the top-line miss on the consensus analyst estimate, either. The sell-off, however, boosted the company's already high dividend yield.
Hormel Foods Corporation (HRL) Q3 2026 Earnings Call Transcript