Hormel Foods (HRL) reported fiscal third-quarter net sales of $2.96 billion for the quarter ended July 26, 2026, down from $3.03 billion a year earlier. Net earnings attributable to Hormel Foods Corporation were $59.6 million, or $0.11 per diluted share, compared with $183.7 million, or $0.33 per diluted share, in the prior-year quarter.
The company raised and narrowed its fiscal 2026 adjusted diluted EPS outlook to $1.45 to $1.51. Its GAAP diluted EPS guidance was updated to $1.06 to $1.12.
- Third-quarter operating income was $110.9 million, versus $239.7 million a year earlier.
- Cash flow from operations rose 54% to $240.6 million.
- Foodservice net sales increased 2%, while Retail net sales declined 4% and International net sales declined 5%.
- The company recorded a $56 million loss related to the Brazil divestiture, a $48 million non-cash impairment charge related to a minority investment in Indonesia, and a $38 million litigation settlement.
- Hormel closed the sale of its Brazil operations in the early part of fiscal 2026's fourth quarter.
$HRL Insider Trading Activity
$HRL insiders have traded $HRL stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HRL stock by insiders over the last 6 months:
- GARY C. BHOJWANI sold 20,200 shares for an estimated $495,158
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$HRL Hedge Fund Activity
We have seen 321 institutional investors add shares of $HRL stock to their portfolio, and 378 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. removed 4,005,797 shares (-16.9%) from their portfolio in Q2 2026, for an estimated $99,423,881
- CITADEL ADVISORS LLC removed 3,424,056 shares (-79.0%) from their portfolio in Q2 2026, for an estimated $84,985,069
- ATLAS FRM LLC removed 2,825,000 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $70,116,500
- DIMENSIONAL FUND ADVISORS LP added 2,523,306 shares (+36.8%) to their portfolio in Q2 2026, for an estimated $62,628,454
- UBS GROUP AG removed 2,522,791 shares (-53.0%) from their portfolio in Q2 2026, for an estimated $62,615,672
- POINT72 ASSET MANAGEMENT, L.P. removed 2,391,217 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $59,350,005
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,342,029 shares (+inf%) to their portfolio in Q2 2026, for an estimated $58,129,159
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
