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Adams Asset Advisors LLC Takes Position in Hormel Foods Corporation $HRL
Adams Asset Advisors LLC recently acquired 255,275 shares of Hormel Foods Corporation (NYSE:HRL) in Q4, valued at approximately $6.05 million. This move is part of broader institutional interest, with such investors now owning about 41% of the company. Hormel Foods reported Q4 EPS of $0.34, exceeding estimates, though revenue was slightly below expectations, and the company declared a quarterly dividend of $0.2925, offering a 5.1% yield.