Hormel Foods Corporation (NYSE:HRL) is included among the 11 Low PE High Dividend Stocks to Buy According to Analysts.
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Hormel Foods Corporation (NYSE:HRL), best known for its iconic Spam brand, also owns a strong line-up of leading food labels with a major emphasis on protein products. Despite the global shift toward higher protein consumption, the company’s stock has fallen more than 24% since the beginning of 2025.
The decline followed Hormel Foods Corporation (NYSE:HRL)’s fiscal Q3 2025 results, which came in below expectations. The company reported adjusted earnings per share of $0.35 on $3.03 billion in sales, missing analysts’ estimates by $0.06. While organic sales rose 6% year over year and total revenue increased 4.5%, investors were discouraged by the company’s weaker forward guidance.
For the current quarter, Hormel Foods Corporation (NYSE:HRL) expects revenue between $3.15 billion and $3.25 billion, compared with $3.1 billion in the same period last year. Organic net sales are forecasted to grow 1% to 4%, signaling a clear slowdown from the previous quarter’s pace.
Even with the recent challenges, Hormel Foods Corporation (NYSE:HRL)’s dividend remains a bright spot for investors. The company has raised its payout for 59 consecutive years, maintaining its reputation as a reliable income stock. Currently, it pays a quarterly dividend of $0.29 per share and has a dividend yield of 4.85%, as of October 14.
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