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About the company
Hormel Foods Corporation is engaged in the production of a range of meat and food products. The Company operates through four segments: Grocery Products, which is engaged in the processing, marketing and sale of shelf-stable food products sold for the retail market and health and also consists of nutrition products, including Muscle Milk protein products.; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork, beef, chicken and turkey products for retail, foodservice and fresh product customers; Jennie-O Turkey Store (JOTS), which consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers; and International & Other, which includes Hormel Foods International Corporation, which manufactures, markets and sells the Company products internationally.
- Revenue in USD (TTM)9.69bn
- Net income in USD929.23m
- Incorporated1928
- Employees18.70k
- LocationHormel Foods Corp1 Hormel PlAUSTIN 55912-3680United StatesUSA
- Phone+1 (507) 437-5611
- Fax+1 (302) 655-5049
- Websitehttps://www.hormelfoods.com/
Mergers & acquisitions
| Acquired company | HRL:NYQ since announced | Transaction value |
|---|---|---|
| Sadler's Smokehouse Ltd | 3.28% | -- |
| Holder | Shares | % Held |
|---|---|---|
| The Vanguard Group, Inc.as of 30 Sep 2020 | 31.84m | 5.90% |
| SSgA Funds Management, Inc.as of 30 Sep 2020 | 26.31m | 4.88% |
| BlackRock Fund Advisorsas of 30 Sep 2020 | 22.48m | 4.17% |
| Capital Research & Management Co. (International Investors)as of 30 Sep 2020 | 12.25m | 2.27% |
| Geode Capital Management LLCas of 30 Sep 2020 | 4.83m | 0.90% |
| Mairs & Power, Inc.as of 30 Sep 2020 | 4.37m | 0.81% |
| Principal Global Investors LLCas of 30 Sep 2020 | 4.25m | 0.79% |
| Northern Trust Investments, Inc.(Investment Management)as of 30 Sep 2020 | 4.16m | 0.77% |
| APG Asset Management NVas of 30 Sep 2020 | 3.79m | 0.70% |
| AQR Capital Management LLCas of 30 Sep 2020 | 3.65m | 0.68% |
