Barclays Remains a Buy on Hormel Foods (HRL)

In a report released today, Benjamin Theurer from Barclays maintained a Buy rating on Hormel Foods, with a price target of $30.00.

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According to TipRanks, Theurer is a 4-star analyst with an average return of 5.8% and a 56.10% success rate. Theurer covers the Consumer Defensive sector, focusing on stocks such as Archer Daniels Midland, Hormel Foods, and Tyson Foods.

In addition to Barclays, Hormel Foods also received a Buy from TipRanks – OpenAI’s OpenAI Packaged Foods in a report issued yesterday. However, on the same day, TipRanks – xAI reiterated a Hold rating on Hormel Foods (NYSE: HRL).

Based on Hormel Foods’ latest earnings release for the quarter ending October 26, the company reported a quarterly revenue of $3.19 billion and a GAAP net loss of $56.14 million. In comparison, last year the company earned a revenue of $3.14 billion and had a net profit of $220.2 million

Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HRL in relation to earlier this year. Most recently, in December 2025, Elsa Murano, a Director at HRL sold 13,400.00 shares for a total of $321,600.00.