JPMorgan Chase & Co. Has $55.35 Million Stock Position in Hormel Foods Corporation $HRL

2026-03-07 02:47:41

JPMorgan Chase & Co. has significantly increased its stake in Hormel Foods Corporation, purchasing an additional 826,564 shares in Q3, bringing its total holding to 2,237,005 shares valued at $55.35 million. Analyst sentiment for HRL is mixed, with JPMorgan upgrading the stock to “overweight” with a $28 target, while the consensus remains a “Hold” with an average target of $27.43. Hormel Foods recently reported Q3 EPS of $0.32, beating estimates, but revenue of $3.19 billion missed expectations.

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