What smart money is saying about Hormel Foods
HRL
No fund has written a full thesis on Hormel Foods in our archive, but 1 fund letter reports a position in it, most recently Mairs and Power Growth Fund in September 2025.
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1
Reported positions
0
Bought
0
Sold
2
Letters
Position history
Every position in Hormel Foods on record in the archive was reported in Q3 2025, across 1 fund letter, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2025 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 1 position
- September 2025
“Mairs & Power Growth Fund Contributors Largest relative contributors and detractors are securities that were selected based on their contribution to the portfolio as of September 30, 2025. The performance is based on total return of the security for the period and includes only securities held for the entire period. Total return is the amount of value an investor earns from a security over a specific period and when distributions are reinvested. nVent Electric PLC NVIDIA Corp. JPMorgan Chase & Co. Fastenal Company Microsoft Corp. Fiserv, Inc. UnitedHealth Group, Inc. Bio-Techne Corp. Workiva Inc. Class A Hormel Foods Corp.”
Hormel Foods
Also mentioned · 1
These funds discuss Hormel Foods as a competitor, benchmark or comparable, without disclosing a position in it.
- September 2026
“Dividend cuts Dividend cuts usually increase in times of economic downturns or recessions. Q3 2026, however, has seen the highest proportion of dividend cuts since the peak of COVID 2020. Dividend changes by %: Universe of 11,000 Global Equities Source: Wall Street Horizon, September 2026 Not only this, but buyback volumes are on track for a 10-year historic low: Global corporate buyback announcements: Universe of 11,000 Global Equities Source: Wall Street Horizon, September 2026 There are two frequently cited reasons: wider needs for capital expenditure, which has become more expensive through inflation, and increased interest rates and uncertainty. 6 But dividend pressures have been particularly pronounced in three sectors: consumer staples, chemicals and telecoms. In Q3 alone, Conagra and Campbell’s cut their dividends, and Kraft Heinz, General Mills and Hormel kept theirs flat.”
Hormel Foods
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