HRL - Hormel Foods Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
42.24
+0.01 (+0.03%)
As of 9:39AM EST. Market open.
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Previous Close42.23
Open42.22
Bid41.91 x 900
Ask42.78 x 800
Day's Range42.15 - 42.30
52 Week Range37.00 - 46.26
Volume108,274
Avg. Volume2,199,635
Market Cap22.599B
Beta (3Y Monthly)0.03
PE Ratio (TTM)23.34
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.84 (1.99%)
Ex-Dividend Date2019-10-18
1y Target EstN/A
  • 9 Super-Safe-Growth Stocks for Long-Lasting Dividends
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    9 Super-Safe-Growth Stocks for Long-Lasting Dividends

    [Editor's note: "9 Super-Safe-Growth Stocks for Long-Lasting Dividends" was previously published in October 2019. It has since been updated to include the most relevant information available.]When the stock market marches higher, it pushes the prices of many companies higher along with it. But as investors bid up good and bad businesses alike, that can make it hard to discern which companies are the best dividend stocks for long-term investors.In this income-centric world, income-starved investors face great temptation to reach for high-dividend stocks that offer juicy yields. Fortunately, Simply Safe Dividends identified the nine best dividend growth stocks that investors can rely on for secure, fast-growing income.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThese companies all have very healthy Dividend Safety Scores, which measure a firm's most important financial metrics to gauge how likely it is to cut its dividend in the future. * 7 Tech Stocks to Buy for the Rest of 2019 Let's take a look at nine of the safest dividend stocks in the market. These dividend-paying companies generate excellent free cash flow, maintain safe payout ratios, are committed to rewarding shareholders with healthy dividend increases and have bright long-term outlooks. Lowe's Companies (LOW)Dividend Yield: 2% Year-to-Date Gain: 18.7%Lowe's Companies (NYSE:LOW) is the world's second-largest home improvement retailer.With more than 65 years of operations, this dividend stock has gained recognition as one of the trusted national brands. Over the years, Lowe's has developed an extensive line of thousands of products for maintenance, repair, remodeling and decorating across lumber and building materials, tools and hardware, lawn and garden, paint, kitchens, outdoor power equipment and home fashion categories.The company serves a wide spectrum of "do-it-yourself" and "do-it-for-me" customers, including homeowners, renters and professional contractors from different construction trades.A large footprint of conveniently located stores across the U.S., an extensive range of products, a well-known brand and a diversified customer base are Lowe's key competitive advantages.The home improvement industry is also poised to grow as consumer confidence remains high, employment continues rising and home prices climb higher. This should lead to better growth prospects for the company and its dividend.Lowe's has an impeccable record of not only paying but also increasing its dividend since 1961, growing it by over 20% annually in the last five years. Lowe's price-earnings (P/E) ratio of 34.6 seems reasonable for a company of this quality. Honeywell International (HON)Source: josefkubes / Shutterstock.com Dividend Yield: 2% YTD Gain: 38%Honeywell International (NYSE:HON) is a diversified global technology and manufacturing company supplying industrial products, software and services to a diversified set of customers. Honeywell operates through four segments: aerospace; home and building technologies; performance materials and technologies and safety and productivity solutions.The company serves customers through a wide variety of products and services in aerospace, control, sensing and security. It also sells specialty chemicals and advanced materials as well as energy efficiency products.Simply put, Honeywell has invented key technologies that address some of the world's most critical challenges around energy, safety, security, productivity and urbanization. With a broad portfolio of physical products and software, the company has uniquely positioned itself to sell comprehensive solutions for homes and businesses across many industries.A broad portfolio of technology, extensive products and services, a global distribution network, and a presence in growing areas like the Internet of Things and energy efficiency are Honeywell's key strengths. * 7 Tech Stocks to Buy for the Rest of 2019 A track record of strong financial performance and a healthy payout ratio have enabled the company to grow its dividend by 13% per year over the last five years. Honeywell has paid uninterrupted dividends for more than two decades. Apple (AAPL)Source: NYC Russ / Shutterstock.com Dividend Yield: 1.17% YTD Gain: 67%Apple (NASDAQ:AAPL) is one of the world's most valuable companies and one of the largest positions in Warren Buffett's dividend stock portfolio.Apple is the world's second-largest smartphone company, accounting for more than 10% of the global market share. The iPhone, iPad, Mac, Apple Watch and Apple TV are Apple's key products, with the iPhone representing over the majority of its 2018 sales. These products are globally recognized for their high quality, premium brand and ease-of-use, allowing Apple to enjoy substantial pricing power.In addition, the company also owns a portfolio of consumer and professional software such as iOS, macOS, watchOS and tvOS operating systems that act as key differentiators. Apple's products and solutions are known for their innovative design, user-friendly experience and seamless integration.All these innovative products have established Apple's supremacy in the mobile space, and the company invests around 5% of its revenues on R&D activities to stay ahead of competitors.Moreover, only Apple devices run iOS, which means that if customers want to remain within the Apple ecosystem, they must continue buying iOS devices. This results in sticky customer relationships. Its sales of games, music and other digital content through the iTunes store is another high-margin cash flow stream that keeps growing every year.A leading brand name, global geographical presence, impressive product portfolio and super-sticky customer relationships have helped form a huge moat around Apple's business.Apple started paying dividends again in 2012 and it has seen its payout grow by approximately 11% annually over the last three years.Given Apple's leading market share, loyal customers, innovative products and hoard of cash on the balance sheet, the company should continue raising its dividend at a strong pace in the future as well. Medtronic (MDT)Source: JHVEPhoto / Shutterstock.com Dividend Yield: 2.00% YTD Gain: 20%Medtronic (NYSE:MDT) is a leading medical technology, services and solutions company serving hospitals, physicians, clinicians and patients worldwide. It owns a portfolio of medical products, therapies and procedures for a wide range of medical disciplines.Medtronic's operating segments are classified into cardiac and vascular, minimally invasive therapies, restorative therapies and diabetes groups. The U.S. is Medtronic's largest market, followed by Western Europe, Japan and emerging markets.With nearly seven decades of existence, Medtronic has developed a strong reputation globally and claims to improve the lives of two people every second. Some of Medtronic's key innovations include the world's smallest pacemaker and artificial pancreas.As a leader in medical technology and solutions, Medtronic stands to benefit from growing healthcare needs as the global population ages. The business also benefits from meaningful barriers to entry created by various regulations from the U.S. Food and Drug Administration and other government agencies.Thanks to its product innovation and conservative management, the company has increased its dividend for 40 years in a row and last raised its dividend by 8% in June. * 7 Tech Stocks to Buy for the Rest of 2019 Given the company's technology leadership and unmatched breadth and scale, Medtronic should be able to continue its dividend growth streak at a high-single-digit rate going forward. Investors can learn more about Medtronic's competitive advantages and business profile here. Texas Instruments (TXN)Source: Katherine Welles / Shutterstock.com Dividend Yield: 3% YTD Gain: 25%Texas Instruments (NASDAQ:TXN) is one of the largest designers and sellers of semiconductors globally. It develops analog integrated circuits and embedded processors that are subsequently sold to electronics manufacturers.The company's product portfolio consists of tens of thousands of products that are used to accomplish many different things, such as converting and amplifying signals, interfacing with other devices and managing and distributing power.Texas Instruments' focus on these segments provides a combination of stability and strong cash generation, owing to the products' long product life cycles and low capital-intensive manufacturing.Leading industry products, a diverse portfolio, unique technologies and manufacturing scale and a strong reputation enable Texas Instruments to generate stable and recurring cash flows.As a result, Texas Instruments has paid uninterrupted dividends since 1962 and it has recorded an impressive annual dividend growth rate of approximately 34.2% over the last three years.Last year marked the company's 14th consecutive year of dividend increases, wherein Texas Instruments raised its dividend by nearly 25%.Given its predictable cash flow generation, impressive dividend track record and reasonable payout ratio,, the company should be able to continue rewarding shareholders with double-digit dividend growth in the years ahead. Costco Wholesale (COST)Source: Helen89 / Shutterstock.com Dividend Yield: 0.9% YTD Gain: 49%Costco Wholesale (NASDAQ:COST) is a membership warehouse club with more than 500 U.S. store locations that provide merchandise at low prices to its members. Costco sells a wide range of products, including packaged foods, groceries, appliances, cleaning supplies, clothing and electronics.The company is the world's second-largest retailer by sales and it generates the majority of its sales in North America. Costco's membership base is growing with a renewal rate of over 90% as of its December 2018 quarter.Over its 35 years of existence, Costco has succeeded in providing a great customer experience by blending together the convenience of specialty departments and a selection of wide merchandise at affordable prices. It has become a trusted name owing to its low cost and quality merchandise.The company buys directly from many producers of national brand-name merchandise and sends products directly to its warehouses, eliminating multi-step distribution costs. High sales volumes, rapid inventory turnover, efficient distribution and self-service warehouse facilities also ensure high operational efficiency. * 7 Tech Stocks to Buy for the Rest of 2019 A large and loyal customer base, economies of scale, a diverse mix of merchandise, and strategically-located warehouses are Costco's major competitive advantages.Analysts expect Costco's sales growth to sit in the mid-single-digits range over the long-term, which could result in 8%-9% annual earnings growth in the coming years. Costco could, therefore, continue its solid pace of dividend growth. American Tower (AMT)Source: Pavel Kapysh / Shutterstock.com Dividend Yield: 1.7% YTD Gain: 33%American Tower (NYSE:AMT) is a leading owner, operator and developer of multitenant communications real estate. The company was formed in 1995 as a unit of American Radio Systems and it was spun off in 1998 when that company merged with CBS Corporation.American Tower reports its results in five segments U.S. (59% of 2016 sales), Asia (14%), EMEA (9%) and Latin America (17%) property, and services (1%). It owns a portfolio of over 170,000 communications sites.American Tower leases space on its communications sites to wireless service providers, radio and television broadcast companies, government agencies and tenants in a number of industries. Its top tenants include well-known names like AT&T (NYSE:T), Verizon Communications (NYSE:VZ), T-Mobile US (NASDAQ:TMUS) and Sprint (NYSE:S).The real estate investment trust derives most of its revenue from tenant leases, which typically have an initial non-cancellable term of ten years with multiple renewal terms, as well as provisions for annual price increases. It is difficult for tenants to find suitable alternative sites and as such the lease renewal rates are generally high.Moreover, the incremental operating costs associated with adding new tenants to an existing communications site are relatively low and annual capital expenditures to maintain communications sites are also not high. All these factors provide high cash-flow visibility and excellent profitability for American Tower.American Tower should keep growing its earnings as demand for wireless services and data grows in the coming years. A global asset base, recession-proof demand for its sites, long-standing relationships with customers and low cash-flow volatility provide a moat around American Tower's business.Simply put, wireless tower companies possess many attractive qualities. That's probably why Crown Castle International (CCI), one of American Tower's peers, is a position in Bill Gates' dividend stock portfolio.Given American Tower's history of double-digit growth in property revenue and the near-tripling of its dividend in just the past five years, shareholders can likely expect at least 20% annual dividend growth in the years ahead. Becton, Dickinson and Company (BDX)Source: Shutterstock Dividend Yield: 1.23% YTD Gain: 9%Becton, Dickinson and Company (NYSE:BDX) is a global medical technology company engaged in the development, manufacture and sale of a broad range of medical supplies, devices, laboratory equipment and diagnostic products. The company uses independent distribution channels to distribute its products both in the U.S. and internationally.Europe, EMA, Greater Asia, Latin America and Canada are Becton Dickinson's major international markets. Becton Dickinson is also growing its presence in emerging markets.The company has major R&D facilities located in North America, China, France, India, Ireland and Singapore. BDX's customer base is also quite diverse, ranging from healthcare institutions, life science researchers and the pharmaceutical industry to clinical laboratories and the general public.Diversification across geographies, customers and products, strong R&D capabilities and a portfolio of successful brands are Becton Dickinson's key competitive advantages. With more than a century's worth of operating experience, the company is known for providing integrated products and services that seamlessly support healthcare providers across care areas. * 7 Next-Gen Growth Stocks to Buy for Long-Term Gains Its acquisition of C.R. Bard is also expected to create a stronger company in the future.Becton Dickinson is a dividend aristocrat with 46 years of consecutive dividend growth. It has grown its dividend at an impressive 10% compound annual growth rate over the last five years. Automatic Data Processing (ADP)Source: Shutterstock Dividend Yield: 1.9% YTD Gain: 29%Automatic Data Processing (NASDAQ:ADP) is a top global provider of cloud-based Human Capital Management (HCM) solutions, and a leader in business outsourcing services, analytics and compliance expertise.Automatic Data Processing's business can be categorized into two reportable segments -- Employer Services and Professional Employer Organization Services. By geography, the U.S. is its largest market, accounting for most of its revenues followed by Europe, Canada and other .Automatic Data Processing provides a host of services ranging from recruitment to talent management to retirement that help customers improve their business results and alleviate the pain from non-core, administrative tasks.The company serves over hundreds of thousands of clients ranging from small and mid-sized to large organizations operating in more than 110 countries around the world. It caters to the needs of more than 70% of the Fortune 500 companies.Automatic Data Processing is responsible for making payments to approximately one out of every six U.S. workers and nearly 13 million workers internationally. In addition, its mobile applications enable over 10 million of its clients' employees to easily access to their HR information.With six decades of experience, Automatic Data Processing has developed deep insights and cutting-edge technologies that have transformed human resources from a back-office administrative function to a strategic business advantage.A client-centric approach, long-standing customer relationships, extensive experience in payroll services and a growing demand for cloud platforms are Automatic Data Processing's biggest advantages.The company has raised its dividend for 43 years in a row.As of this writing, Brian Bollinger was long LOW, MDT, AMT, BDX, and ADP. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Aristocrat Stocks to Buy Now No Matter What * 7 Stocks to Buy to Ride the Vegan Wave * 4 Safe Stocks to Buy Amid Trade War Turbulence The post 9 Super-Safe-Growth Stocks for Long-Lasting Dividends appeared first on InvestorPlace.

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    Jim Snee has been the CEO of Hormel Foods Corporation (NYSE:HRL) since 2016. This analysis aims first to contrast CEO...

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  • 7 Dividend Stocks to Buy (With Brands You Can Find In Your Kitchen)
    InvestorPlace

    7 Dividend Stocks to Buy (With Brands You Can Find In Your Kitchen)

    As time passes, fewer investors are familiar with Peter Lynch. That's a shame. The famous former Fidelity fund manager delivered astounding returns for more than a decade in the 1970s and 1980s -- 29.2% per year annualized -- and wrote popular investing books describing his philosophy.Put very simply, Lynch is best known for the idea of looking for investments in stuff that you know. If you work in a specific industry, you likely have knowledge that most general market participants don't. Similarly, you may know more about local companies, banks, etc. in your city than the market as a whole. And in everyday life, there are plenty of things you can invest in as well.In fact, looking around your house, you can probably find items made from dozens of different publicly listed companies. Some of these may be big-ticket items such as your A.O. Smith (NYSE:AOS) water heater or your Whirlpool (NYSE:WHR) fridge. But there's plenty of money to be made in small repeat purchases as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe foods, drinks, spices, cleaning supplies and so on that are in your kitchen right now have historically been some of the stock market's all-time best performers. Coca-Cola (NYSE:KO), for example, has been so spectacularly successful that it helped make Atlanta a larger and more prosperous city than its regional rivals. When a soft drink formula can literally change an area's financial outlook, you realize that you shouldn't overlook the vast profit potential of everyday items. * 10 Hot Stocks Staging Huge Reversals With that in mind, it's worth taking a look at these seven dividend-paying stocks that make items that you can find in the average American kitchen. Dividend Stocks to Buy: PepsiCo (PEP)Source: suriyachan / Shutterstock.com Dividend Yield: 2.8%First off, let's start with a double-threat. PepsiCo (NYSE:PEP) is, as most of us are aware, Coca-Cola's leading rival; however, it's a more attractive business than Coca-Cola at this point because of its other business.Specifically PepsiCo also owns Frito Lay, the dominant player in chips and snack foods. Counting brands like Doritos, Fritos and Cheetos, PEP has a place in most people's pantries, even if you don't drink Pepsi.Folks have heard they should take in fewer sodas and eat less junk food. However, so far, consumption patterns haven't changed much. People like their little indulgences. That said, soda taxes are a concern, which makes PepsiCo's diversified revenue stream a safer bet than Coca-Cola over the long haul.At 23x forward earnings, PEP stock isn't especially cheap, but it's a reasonable price for a company with great brands and a solid 2.8% dividend yield. Hormel Foods (HRL)Source: Mike Mozart via Flickr (Modified)Dividend Yield: 2.1%If you're like many Americans, you probably associate Hormel Foods (NYSE:HRL) with its iconic SPAM brand. That's understandable, the company has sold this product for so long that it has its own museum now. Even there, the company continues to innovate. For example, I just bought some of the company's new Pumpkin Spice SPAM and can't wait to try it. Still, I can't blame you for potentially wanting to pass on a maker of canned meat.But there's far more to the business than SPAM. Hormel is now No. 1 or No. 2 in more than 40 different grocery store items, ranging from its traditional strengths like bacon, turkey, canned chili and deli meats to a variety of more millennial-focused items. These include almond and other nut butters, ready-to-eat guacamole, free-range pesticide-free deli meat, imported Mexican salsas and other trendier items.Hormel has reported strong organic growth in its existing brands for years now, even as many of its packaged foods rivals have struggled immensely. That's because Hormel dominates niches, like guacamole, rather than being one of a "zillion" cereals, yogurts or ketchups, for example, competing for shelf space and consumer attention.HRL stock is also an appealing investment for the same reason its products are great in your pantry: they're built to last. Things like canned chili and SPAM are good to have around during storms and natural disasters. HRL stock is good to have in an economic disaster. * 7 Hot & Trendy Generation Z Stocks to Buy The company has no debt, making its balance sheet rock solid. And it has paid an increasing annual dividend for more than 50 consecutive years; rain or shine, Hormel will pay you more money every year to keep owning its stock. Shares are down slightly in recent months on fears that the swine fever in Asia will cause higher pork prices. That may be true for a quarter or two; long-term, however, Hormel will continue to make its loyal shareholders tons of money. Hershey (HSY)Source: mhiguera via FlickrDividend Yield: 2%If I had a dollar for every time someone told me Hershey (NYSE:HSY) stock was too expensive, I could buy a ton of chocolate. Thankfully, I bought a healthy portion of HSY stock years ago, and with the dividend, I also can buy many Hershey products for my family.Hershey stock is up 44% so far in 2019, leading people to say that Hershey is a great company but it's simply overpriced. In the short-run, that may be true. At 25x earnings, the stock is significantly above its historical median of around 21x. Given its high short-term valuation and big gains already in 2019, don't expect miracles from HSY stock over the next three or six months.If you're willing to hold for a few years, however, you should expect Hershey stock to proceed much higher. Why's that? The company has a dominant position in a high profit-margin, recession resistant market. There's only Hershey (44%) and Mars (30%) on a national scale, with no other chocolate producer making up more than 10% of the market. As a result, Hershey and Mars can keep prices high because few people like store brand chocolate.Also, chocolate sales tend to be recession resistant, meaning that earnings and dividends remain strong even during economic downturns. Brown-Forman (BF.A) (BF.B)Source: Shutterstock Dividend Yield: 1.1%Our next two picks are recent portfolio additions of Terry Smith. Smith, for those unfamiliar, is the manager of Fundsmith, Britain's largest mutual fund. Fundsmith has gained 17% per year -- or 269% total -- since the fund launched in 2010, absolutely smashing the fund's benchmark, which is up 128% over the same stretch.Smith's basic philosophy is simple: Buy great companies at a fair price, and then do nothing. As long as the companies continue to deliver returns, once you get in at a reasonable valuation, he wants to hold on forever. Between his simple philosophy and breathtaking returns, it's no wonder that he is often called the British Warren Buffett.What food and beverage items is Smith buying lately? First up is Brown-Forman (NYSE:BF.A) (NYSE:BF.B), the maker of Jack Daniels whisky, along with a variety of other spirits and liquors. Over the past 50 years or so, the Brown family has transformed Jack Daniels from a small regional whiskey to an international powerhouse. The company is now repeating its success with other brands such as its fast-growing tequila business.Brown-Forman is undoubtedly a great business. But with BF stock near all-time highs, is it still a great buy? Smith thinks so. He established his stake this summer. Despite trading near 30x earnings, you can still make a case for investing in BF stock at these prices. The company has historically grown both earnings and its dividend more than 10% per year; there has been no slowdown in results more recently either. The company's balance sheet is strong, insulating it from downturns. * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk And even within the highly profitable liquor space, Brown-Forman's profit margins are exceptionally high. BF stock represents a low-risk steadily growing business with an unimpeachable brand in Jack Daniels. And if you like whiskey or tequila, the dividends can help defray the cost of that item from your budget. McCormick (MKC)Source: Blue Genie via FlickrDividend Yield: 1.4%Terry Smith's other recent purchase is also likely to show up in your kitchen. That's because Smith picked up stock in McCormick (NYSE:MKC), the famous spices and seasonings leader. Between McCormick's brand seasonings and its private label business, the company controls well over half the total market in America and has strong position in international geographies such as Mexico as well.McCormick, like Hershey, perpetually seems expensive on a price-to-earnings basis, as it generally trades around 25x earnings. Throughout the 1990s, for example, it never dropped under 20x earnings even once. Good luck trying to buy it cheaper than the S&P 500 on valuation. That said, McCormick has continued to post double-digit total returns for decades now and has hiked its dividend every year for decades making it a Dividend Aristocrat.How can McCormick reliably put so much more money in your pocket every year? Simply put, spices are a great business. They are cheap relative to the cost of making a meal, and you don't buy them too frequently. When the price of oregano goes up from $2.69 to $2.89, who is going to complain or switch to a different product? Additionally, McCormick is a dominant player in food service -- when you get some specific menu item at a chain restaurant, for example, there's a great chance McCormick provided the flavoring to give it its distinct taste and smell. McCormick has a large R&D team devoted to cooking up specific flavor pairings such as, say, mango chipotle, that inevitably end up on menus around the country.What attracted Smith to McCormick stock recently, after it had already appreciated significantly? Probably McCormick's recent purchase of the French's and Frank's brands. Frank's Red Hot sauce in particular is booming, but it had been owned by absentee foreigners who weren't marketing it effectively in the U.S. Under McCormick's ownership, sales are surging, leading overall earnings growth to accelerate sharply. Molson Coors (TAP)Source: Drew Stephens via FlickrDividend Yield: 4.1%If you're a beer person, this one is for you. Molson Coors (NYSE:TAP), unlike many on this list, has not performed great in recent years. In fact, the stock is down more than 40% from its historic highs. It's not hard to see why people are nervous; there has been a significant shift toward craft beer, and people have assumed that the macro brewers like Molson Coors will suffer greatly under this shift.It's simply not so, however. Craft beer makes up just 13% of the U.S. market, and its market share growth has slowed dramatically over the past year or two. Craft beer is a great product, and it has certainly disrupted the market. But it's not going to put the macro beers out of business; there's still plenty of value in brands, marketing and macro's much lower prices. Particularly in a recession, it will be hard for many people to justify drinking craft all the time.Also, Molson Coors has a few irons in the fire as far as craft goes. For folks that don't want to drink the company's namesake brands, they have other brands such as Blue Moon as well. Sure, some beer snobs will turn up their nose at even "major" craft brands like Blue Moon or Sam Adams (NYSE:SAM). But in general, running a brewery is a hard business, and the majority of the nation's beer will still come from major corporate enterprises one way or another. And Molson Coors will benefit as it does. * 10 Hot Stocks Staging Huge Reversals Why buy TAP stock now? For one thing, based on its steady operating results, the company just hiked its dividend by 40% and now pays a dividend yield of more than 4% annually. Management didn't get the memo that craft killed their business, apparently. The stock is also selling for just over 10x earnings. That's crazy cheap for a brewer; normally beer and liquor businesses sell at a major premium to the market, not a discount. As people realize that Molson Coor's profits and cash flow remain steady, shares will get bid up sharply. In the meantime, enjoy the big dividend. Colgate-Palmolive (CL)Source: Shutterstock Dividend Yield: 2.5%Finally, while you might not find this brand in your kitchen, after all that eating and drinking, you probably want to brush your teeth. Colgate-Palmolive (NYSE:CL) is the maker of the famous toothpaste brand Colgate, along with a variety of other hygiene products and cleaning supplies.CL stock has had a disappointing run over the past five years; shares have traded basically flat. Over that time, however, shares went from expensive to reasonably priced, as earnings have climbed nicely in the interim.The company has faced some setbacks over that stretch. The collapse of the Venezuelan economy cost Colgate one of its better international markets. And its Hill's pet food acquisition has taken longer to pay off than expected. Despite these setbacks, Colgate has managed to grow earnings without the share price going up … yet. That could change as investors look to pick up more solid defensive dividend stocks in the coming months.At the time of this writing, Ian Bezek owned TAP, MKC, HSY, AOS, BF.B, BF.A, and HRL stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Staging Huge Reversals * 7 Under-The-Radar Growth Stocks That Could Benefit New Investors * 5 Excellent High-Yield Dividend Stocks to Buy The post 7 Dividend Stocks to Buy (With Brands You Can Find In Your Kitchen) appeared first on InvestorPlace.

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    Insider Monkey

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    Simply Wall St.

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    TheStreet.com

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    For his "Executive Decision" segment of Mad Money Thursday night, Jim Cramer sat down with Jim Snee, chairman and CEO of Hormel Foods Corp. , makers of Spam, Skippy peanut butter and Jennie-O turkey products. Snee said that innovation continues to be the lifeblood of the company, which is why new products like pumpkin-spice Spam sold out in less than seven hours. Looking in the short term, Snee explained that a spike in avocado prices will compress margins for their Wholly Guacamole brand and a recent outbreak of swine flu will disrupt pork supplies, but over the longer term, he said, the company's businesses and brands remain strong.

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  • MarketWatch

    Hormel Foods revises 2019 profit outlook to above expectations

    Hormel Foods Corp. narrowed Thursday its full-year earnings guidance, which put it above Wall Street expectations, ahead of the branded food company's investor day. The company now expects 2019 earnings per share of $1.76 to $1.80, compared with previous guidance of $1.71 to $1.85. The FactSet EPS consensus is $1.74. At its investor gathering at the New York Stock Exchange, the company said it will outline its 2020 Path Forward initiatives. The company plans to reveal fiscal fourth-quarter results on Nov. 26. The stock, which was still inactive in premarket trading, has edged up 0.4% year to date, while the SPDR Consumer Staples Select Sector ETF has run up 19.6% and the S&P 500 has gained 16.5%.

  • 15 Dividend Kings for Decades of Dividend Growth
    Kiplinger

    15 Dividend Kings for Decades of Dividend Growth

    You might start to hear more about the "Dividend Kings" over the next few months. Small wonder: Stocks that have boasted uninterrupted dividend growth for a half-century or more might be an ideal place to hide out amid increased economic uncertainty.Sluggish global growth, rising recession risks and a stock market that hasn't gone anywhere over the past 52 weeks have some market strategists banging the drum for quality stocks. "A focus on quality stocks can allow investors to stay in the market to benefit from potential upturns, but with a measure of prudence built in to buffer downturns," says Tony DeSpirito, head of BlackRock's U.S. Income and Value team. And nothing says quality more than stocks that haven't missed a dividend hike in decades. "When a company is reliably able to boost its dividend for years or even decades, this may suggest it has a certain amount of financial strength and discipline," says Tianyin Cheng, director of Strategy and Volatility Indices at S&P; Dow Jones Indices.Investors can find such dividend machines within the ranks of the Dividend Kings. You've surely heard of the Dividend Aristocrats -- companies in Standard & Poor's 500-stock index that have raised their payouts every year for a minimum of 25 consecutive years. The Dividend Kings are Aristocrats that have done it for at least 50. Here, then, are the current 15 Dividend Kings. These have been among the best of the best dividend stocks for income growth since at least the late 1960s. Any company with that kind of track record clearly makes its dividend a top priority -- and one that investors can count on through thick and thin. SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond

  • Hormel Foods Boasts Strong Brands, Input Costs a Worry
    Zacks

    Hormel Foods Boasts Strong Brands, Input Costs a Worry

    Hormel Foods' (HRL) Refrigerated Foods category is steadily growing on strong brand portfolio. However, rising input costs as well as weak turkey and grocery categories are concerns.

  • The Charts of Hormel Foods Are a 'Buy' on Further Strength
    TheStreet.com

    The Charts of Hormel Foods Are a 'Buy' on Further Strength

    Jim Cramer will be watching Thursday's earnings report from Hormel Foods Corp. which also holds an analyst meeting. Cramer said on his Mad Money program Friday night that he'd buy Hormel ahead of this meeting. In this daily bar chart of HRL, below, we can see a mixed picture for the interplay of price and indicators.

  • MarketWatch

    Beyond Meat stock rally makes risk of a short squeeze 'very likely'--S3

    With Beyond Meat Inc.'s stock surging 9% Thursday, after McDonald's Corp. said it would test a plant-based burger made with Beyond Meat patties, the likelihood of a big short squeeze that fuels further gains is now "very high," according to Ihor Dusaniwsky, managing director of predictive analysts at financial analytics firm S3 Partners. Short interest, or bearish bets, in Beyond Meat's stock as a percent of shares available for trade (float) is about 41.6%, Dusaniwsky said, which dwarfs the other next-most shorted stocks in the packaged foods and meats sector of Hormel Foods Corp. at 13.9% and Campbell Soup Co. at 11.6%. But while the fee to borrow Hormel and Campbell stocks so they can be shorted is at a standard 0.3% annualized, Beyond Meat's is at 141%, Dusaniwsky said. He said virtually all of the lendable stock has already been lent, and recalls have been coming as some bulls take profit on their shares. "[W]ith mark-to-market losses mounting, stock borrow rates accelerating to the upside and stock recalls hitting the Street, the likelihood of a short squeeze is very high," Dusaniwsky wrote in a note to clients.

  • Should You Be Happy With Hormel Foods Corporation's (NYSE:HRL) Performance Lately?
    Simply Wall St.

    Should You Be Happy With Hormel Foods Corporation's (NYSE:HRL) Performance Lately?

    When Hormel Foods Corporation (NYSE:HRL) released its most recent earnings update (28 July 2019), I wanted to...

  • How Has HRL Performed 30 Days Post Earnings
    Zacks

    How Has HRL Performed 30 Days Post Earnings

    Hormel (HRL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Dow Surpasses 27,000 on Friday
    GuruFocus.com

    Dow Surpasses 27,000 on Friday

    Broadcom reports 3rd-quarter results Continue reading...

  • Hormel Rises on the Food Supply Chain With Alternative Proteins and -- Wait for It -- Pumpkin Spam?
    Motley Fool

    Hormel Rises on the Food Supply Chain With Alternative Proteins and -- Wait for It -- Pumpkin Spam?

    Hormel Foods is wisely setting itself up for a lucrative future by maintaining a low debt load, avoiding risk by taking on sustainability concerns, and exploring alternative proteins.

  • Thomson Reuters StreetEvents

    Edited Transcript of HRL earnings conference call or presentation 22-Aug-19 1:00pm GMT

    Q3 2019 Hormel Foods Corp Earnings Call

  • How Beyond Meat plans to 'upend the industry'
    Yahoo Finance Video

    How Beyond Meat plans to 'upend the industry'

    Beyond Meat beat on both the top and bottom lines in its Q3 earnings, and raised its guidance for the full year. The company keeps making gains, but as the field of meat alternatives is getting more and more crowded, CEO Ethan Brown says Beyond Meat is focusing on long-term growth.