|Bid||35.00 x 900|
|Ask||0.00 x 800|
|Day's Range||39.73 - 40.32|
|52 Week Range||34.12 - 46.26|
|Beta (3Y Monthly)||-0.21|
|PE Ratio (TTM)||22.87|
|Earnings Date||May 23, 2019|
|Forward Dividend & Yield||0.84 (2.10%)|
|1y Target Est||38.73|
Dismal Turkey market and rising input costs are likely to weigh on Hormel Foods (HRL) in Q2. However, robust food service performance may provide some support to the stock.
Dividend paying stocks like Hormel Foods Corporation (NYSE:HRL) tend to be popular with investors, and for good reason...
Hormel (HRL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AUSTIN, Minn., May 15, 2019 /PRNewswire/ -- Corporate Responsibility Magazine (CR Magazine) has named Hormel Foods Corporation (HRL) to its 20th annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance amongst the 1,000 largest U.S. public companies. "We are extremely proud of our journey to make the world a better place and are proud to be recognized for the 11th consecutive year as an outstanding corporate citizen," said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. Hormel Foods was ranked No. 37 on the list, which was based on 134 updated corporate disclosure and performance factors in seven categories: climate change, employee relations, environment, finance, governance, human rights and stakeholders and society.
As of midnight this morning, the U.S. boosted tariffs on $200 billion worth of Chinese goods from 10% to 25%. The markets had expected this to be the week that this deal got done, but it blew up instead, and no one is sure how it ends at this point. It seems the market is still hoping for the best, while hedging for bad news. But it certainly hasn't priced in a worst-case scenario … yet.A couple positives: The tariffs don't hit until the current fleet of cargo ships that left port as of the deadline hit U.S. shores. That gives the parties a softer deadline of about 3-4 weeks to hammer something out before the tariffs take effect.And remember, regardless of the rhetoric, this is going to hit U.S. consumers and business. The companies will be paying more for goods and passing those prices on to consumers. It hits China, too, but the lion's share is out of U.S. pocketbooks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSecond, economic numbers out of China have been trending down. That means they may be more interested in cutting a deal than they were when their numbers were coming in well above average. * 7 Cloud Stocks to Buy on Overcast Days Regardless of how it pans out, it's a good time to add some income to your portfolio. These 7 dividend stocks to buy as the trade war reignites all get As in my Portfolio Grader for their momentum and rank high for fundamentals as well. They're great long-term foundation stocks. Best Dividend Stocks: Blackstone Group LP (BX)Source: Shutterstock Dividend Yield: 5.5%Blackstone Group (NYSE:BX) is a private equity firm that specializes in alternative investments (like real estate, infrastructure, etc), hedge funds and investment funds -- including closed-end funds -- for institutions and high-net-worth individuals.Set up as a limited partnership, it means investors are direct owners that participate in the company's net profits in the form of dividends. Its current dividend is a healthy 5.5% in the past year, and that's on top of a nearly 25% run for the stock in the past 12 months. That's a very respectable return on one of the world's top private equity firms that sports a $47 billion market cap.BX is built for a slow-growth economy. What's more, if a full-blown trade war does show up, this is the kind of stock that institutions will flock to for shelter from any storms. Dominion Energy (D)Source: Shutterstock Dividend Yield: 5%Dominion Energy (NYSE:D) is one of the top electric utilities on the East Coast. Its primary market is Virginia, but it has reach into neighboring states and its unregulated business has prized assets like its Cove Point liquified natural gas (LNG) export facility in Maryland.Cove Point is the only LNG export facility on the East Coast at this point and one of only three import and storage facilities. This is a huge asset that grows in value for the utility every year, given the demand for natural gas in Europe, where prices are significantly higher.D also has a very good relationship with Virginia regulators, so that side of the business is strong. * 7 Dangerous Dividend Stocks to Stay Far Away From While the stock is up a solid 18% in the past 12 months, its rock-solid dividend kicks in another 5% on top of that. Its Mid-Atlantic Pipeline project has hit some snags, but the President Donald Trump administration is prepared to get the project done one way or the other. Darden Restaurants (DRI)Source: Mike Mozart via Flickr (Modified)Dividend Yield: 2.5%Looking for restaurant dividend stocks? Darden Restaurants (NYSE:DRI) sold its iconic Red Lobster seafood chain about 5 years ago now, and it hasn't looked back.Remember, it still owns Olive Garden and LongHorn Steakhouse chains at the "everyman" level and high-end spots like Eddie V's and Capitol Grille. What's more, it has some mid-priced boutique restaurants like Seasons 52, Bahama Breeze and Yard House in there as well.The point is, losing Red Lobster was a great opportunity to pivot into new markets and develop new ideas. And given the fact DRI stock started way back in 1938, staying nimble and seeing the next big thing coming along is part of its DNA.Given the continued strong economy -- more money for consumers to go out for bite more often -- its 33% return is impressive, but not surprising. There's more of that to come. Its reliable 2.5% dividend isn't a bell-ringer, but it shows that the company is investor friendly and that it can deliver, come what may. Hormel Foods (HRL)Source: Mike Mozart via Flickr (Modified)Dividend Yield: 2.1%Hormel Foods (NYSE:HRL) began in 1891 in Austin, Minnesota, as a meat packing business that started national expansion ahead of the competition.Not only did HRL produce the first canned ham in the U.S., but it transformed that business by the 1930s into brands that live on today like Hormel Chili, Dinty Moore Stew and SPAM. Remember, this was at the height of the Depression and HRL was actually expanding its product line downwards so that people could buy cheap, quality food products.By the late '30s, HRL had introduced profit sharing for its employees.And that sense of loyalty combined with innovation has continued at the company. It now owns natural meat brands like Columbus and Applegate, as well as ethnic brands like Chi-Chi's, Embasa and Del Fuente. It even has its Hormel fuse burger brand that's a lean protein burger with whole grains and veggies. * 10 Great Stocks to Buy on Dips This is a competitive sector, but HRL has proven it can compete and endure where others flame out. Its 2.1% dividend is as reliable as sunrise; it's a great long-term foundation stock. Realty Income (O)Source: Shutterstock Dividend Yield: 4%Realty Income (NYSE:O) is a real estate investment trust (REIT) that owns and operates properties for some of the biggest retail names in the business.Bear in mind, it doesn't operate big malls, but generally stand-alone properties. It's top 5 tenants, in order, are Walgreens (NASDAQ:WBA), 7 Eleven, FedEx (NYSE:FDX), Dollar General (NYSE:DG) and LA Fitness. Its longer list of tenants is equally impressive.What's more, O pays its dividend monthly rather than quarterly, so it's a great choice for income seekers that want to diversify their income stream. Right now, it's delivering a 4% dividend that has been rock-solid for many years.And on the growth side, O stock is up 28% in the past 12 months. Given the slow-growth economy ahead, that's just the tip of its potential. REITs are one of the hottest sectors for 2019 and beyond. Kinder Morgan (KMI)Source: Roy Luck via FlickrDividend Yield: 5.1%Kinder Morgan (NYSE:KMI) calls itself an energy infrastructure company, but what that means in laymen's terms is it's a major midstream energy company. Boiled down further, it's a energy pipeline and storage company.And that is a very good business to be in these days.Granted, it wasn't an easy path to get here. KMI used to be one of the first master limited partnerships in the burgeoning energy industry at the turn of the 21st Century. But when energy prices tanked and supply dried up, KMI dumped its MLP structure and became a corporation. That was 2014.Now, the stock is back, along with energy demand both domestic and abroad. And KMI is once again delivering an outsized dividend, just like in the good ol' days. * 7 Strong Buy Stocks That Tick All the Boxes Currently KMI stock, which is up 18% for the year, is paying out a healthy and sustainable 5.1% dividend. And if this slow, steady economic growth continues, so will the returns for KMI stock and many of its fellow dividend stocks. Qualcomm (QCOM)Source: Shutterstock Dividend Yield: 2.9%Qualcomm (NASDAQ:QCOM) may seem like an odd stock to be in a short list of dividend stocks, but it actually makes a lot of sense.First, QCOM, one of the leading mobile chip and equipment makers and licensing companies, has paid a dividend for a pretty long time.Second, now that all its lawsuits are over, QCOM is ready for the next wave of mobility technology products.Recently, the Justice Department interceded in a case before the Federal Trade Commission about the size of QCOM's royalty payments. It recommended that the FTC go easy on the firm because the U.S. needs a reliable 5G partner that's U.S.-based.This rekindled affection for QCOM is evident in the stock's 51% return in the past 12 months. It has been a few years since the stock has been in favor, so there's plenty of headroom left.Plus, its nearly 3% dividend is a welcome kicker for this top-performing tech on the rebound.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own Compare Brokers The post 7 Dividend Stocks to Buy as the Trade War Reignites appeared first on InvestorPlace.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Hormel Foods Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Tyson Foods (NYSE:TSN) is having an incredible 2019. TSN stock is already up from $50 late last year to $77 now, giving the owners of Tyson stock a gain of over 50% in just a few months. For a producer of largely commodity meat products, that's a sizzling move. Surely it must be time to take profits in Tyson stock, right?Source: Shutterstock Not so fast. As good as things are going for TSN stock, they could get even better. The company just reported strong earnings, is poised to benefit from a global flu outbreak, and is making smart moves in plant-based protein products. Throw in that Tyson stock still trades at just 12 times Tyson's estimated forward earnings - even after rallying over 50% - and it's clear that TSN stock can rise further. * 7 Dangerous Dividend Stocks to Stay Far Away From Tyson's Product RecallsThe U.S. Department of Agriculture recently expanded its product recalls of various Tyson chicken strips products. In March, the USDA recalled a modest 69,000 pounds of Tyson frozen chicken strips, due to product contamination concerns.InvestorPlace - Stock Market News, Stock Advice & Trading TipsLast week, however, the USDA greatly expanded the recall, moving from 69,000 pounds up to almost 12 million pounds of these frozen chicken products. The USDA suggests that these products may be contaminated with pieces of metal. As a result, consumers should throw away any of the affected products or return them to the grocery store where they were purchased. Here is a list of the products that are on the recall list.From consumers' point of view, this is important news. The USDA's Food Safety and Inspection Service has received six complaints about the impacted Tyson products, including three reports of oral injuries that were caused by these products. But these incidents shouldn't affect TSN stock much.Regrettably, food safety incidents tend to impact meat producers' products fairly regularly, but these incidents have little lasting impact. on companies For example, there was a major recall of Hormel Foods' (NYSE:HRL), meat products that were contaminated with metal last year. But the recall had no lasting impact on HRL's sales, profits, or its share price. Expect any negative impact from the current Tyson recall to fade quickly. And, as you can see from the continuously advancing price of Tyson stock, so far the market has not been too concerned about this scandal, either. Tyson Stock and Swine FluAside from the product recalls, just about everything is going right for TSN right now. The company's recently released earnings were solid. In addition, the African Swine Flu situation is positive for Tyson and TSN stock. TSN's CEO said:"African Swine Fever has the potential to impact the global protein industry on a level that we have never experienced, and it is an event that will underscore the power of the Tyson business model. While Tyson's diversity across segments provides stability and puts us in a position to capitalize when opportunities arise, all proteins could see a benefit".The African Swine Flu has been ravaging China's pigs in particular. That should create huge demand in China for meat imports. At the moment, though, tariffs are making it more difficult for American meat producers to export to China. The heightening of tariff tensions between the U,S, and China this week will do little to help in the near-term. Once the trade war is resolved, however, Tyson's profits should surge, boosting Tyson stock even further. Tyson Goes Beyond MeatInterestingly, TSN has been pursuing alternatives to traditional meat products for awhile. The recent Beyond Meat (NASDAQ:BYND) IPO highlighted this fact.Tyson Foods was one of the early investors in Beyond Meat, first putting money into the company in 2016. Tyson doubled up on its position in 2017, taking part in a subsequent funding round for the pea protein-based burger maker. Earlier this year, just prior to Beyond Meat's IPO, Tyson exited its position in Beyond Meat. It had owned more than 5% of the company, and its stake was worth something close to $80 million based on the valuation of Beyond Meat during its IPO.By selling its stake just before the IPO, Tyson clearly left a ton of money on the table. Beyond Meat's IPO priced at $25 per share. Its price is now around $72. That suggests Tyson could have gotten far more for its 5% stake in the company if it had held onto its shares a little longer.In any case though, TSN made a nice percentage profit on its investment. Additionally, Tyson's involvement dating back to 2016 shows that it has its finger on the pulse of the market, as it identified a large, new opportunity before others became interested in it. Why Tyson Exited Beyond MeatTyson decided to exit Beyond Meat for a specific reason. It is developing its own meatless protein products, and as a result, relations between it and Beyond Meat have fizzled. Tyson has already proven that it knows the space, and presumably it can be a strong competitor in the sector.Despite Beyond Meat's high-flying stock price, it is still losing tons of money and does not have sufficient capital. A gigantic company like TSN is much better positioned to end up dominating this emerging product category. Tyson already has tons of branded products on grocery store shelves across the nation, along with relationships with leading distributors of food to restaurants.Beyond Meat makes a big deal of each new restaurant partnership it makes. But Tyson is at a whole different level. TSN can launch new products and distribute them nationwide, based on its existing channels and relationships.It's far from certain that meatless proteins are going to become a huge success. At this stage, it could either be a fad or the next big thing; it's too early to tell. The health benefits of plant-based proteins compared to traditional meat are debatable. And since plant-based meat is much more expensive (at least for now), it's unclear if Americans will gravitate to these products in large numbers or if they will only remain popular with vegetarians and vegans. Regardless, if these products become mainstream, Tyson has a good shot at becoming a sector leader.At the time of this writing, Ian Bezek owned HRL stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post Despite Tyson's Recalls, Tyson Stock Is Still Tasty appeared first on InvestorPlace.
ORANGE, Calif., May 8, 2019 /PRNewswire/ -- To celebrate National Salsa Month this May, the makers of HERDEZ® Salsa, the No. 1 selling salsa brand in Mexico and a staple in Mexican kitchens for over 100 years, are providing consumers with unexpected ways to incorporate salsa in every meal.
AUSTIN, Minn., May 8, 2019 /PRNewswire/ -- Hormel Foods Corporation (HRL) today announced it has been recognized on the 2019 Best for Vets Employers ranking by Military Times. This is the seventh consecutive year the company has made the list, which evaluates many factors that make a company or organization a good fit for military veterans. "It is important to support our veterans as they have done so much for all of us," said Janet Hogan, senior vice president of human resources at Hormel Foods.
Hormel Foods Corp NYSE:HRLView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate Bearish sentimentShort interest | NeutralShort interest is moderate for HRL with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $4.61 billion over the last one-month into ETFs that hold HRL are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
[Editor's note: This story was previously published in March 2019. It has since been updated and republished.]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. That's especially true in the world of dividends.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 Beaten-Up Stocks to Buy as They Reverse Course 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. For comparison purposes, the S&P 500 index has gained 17.5% so far in 2019, as of May 3.Source: Mike Mozart via Flickr (modified) Lowe's Companies (LOW)Dividend Yield: 1.92% 5-Year Annual Dividend Growth Rate: 21.7% Year-to-Date Gain: 21.7%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 forward price-earnings (P/E) ratio of 18.59 seems reasonable for a company of this quality.Source: Becky Wetherington via Flickr (modified) Honeywell International (HON)Dividend Yield: 1.89% 5-Year Annual Dividend Growth Rate: 13.0% YTD Gain: 31.4%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. * 10 Cheap Stocks to Buy in May, But Don't Go Away 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.The company's earnings per share are expected to rise more than 10% this year. It should, therefore, continue its impressive dividend growth streak with high-single to low-double-digit annual payout growth in the future as well.Source: Shutterstock Apple (AAPL)Dividend Yield: 1.46% 3-Year Annual Dividend Growth Rate: 11.20% YTD Gain: 34.24%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 11.2% annually over the last three years. It last raised its payout by 16%.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.Source: U.S. Embassy Kyiv Ukraine via Flickr (Modified) Medtronic (MDT)Dividend Yield: 2.25% 5-Year Annual Dividend Growth Rate: 13.30% YTD Loss: 1.5%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. * 7 A-Rated Stocks That Are Under $10 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 8.7% in 2018.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.Source: Shutterstock Texas Instruments (TXN)Dividend Yield: 2.61% 3-Year Annual Dividend Growth Rate: 23.4% YTD Gain: 24.3%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.Source: Shutterstock Costco Wholesale (COST)Dividend Yield: 0.94% 5-Year Annual Dividend Growth Rate: 12.8% YTD Gain: 20.1%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. * 7 Stocks That Are Soaring This Earnings Season 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.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.Source: Shutterstock American Tower (AMT)Dividend Yield: 1.84% 3-Year Annual Dividend Growth Rate: 23.30% YTD Gain: 22.9%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.Source: Shutterstock Becton, Dickinson and Company (BDX)Dividend Yield: 1.28% 5-Year Annual Dividend Growth Rate: 9.10% YTD Gain: 5.6%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. 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. * 7 Stocks to Buy That Ought to Buy Back Shares With its need to restore its balance sheet after acquiring C.R. Bard, dividend growth over the near-term will likely remain below the company's historical double-digit pace. However, with earnings expected to grow over 10% this year, it won't be long before investors are once again rewarded with strong payout growth.Source: Shutterstock Automatic Data Processing (ADP)Dividend Yield: 1.92% 3-Year Annual Dividend Growth Rate: 8.9% YTD Gain: 22.2%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. Automatic Data Processing's earnings-per-share is expected to rise over 10% this year, which should allow dividends to continue compounding at a high-single-digit rate over the medium-term.As of this writing, Brian Bollinger was long LOW, MDT, AMT, BDX, and ADP. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Stocks to Buy for May * 7 Stocks Worth Buying When They're Down * 7 of the Best ETFs to Buy for a Slowing Economy Compare Brokers The post 9 Super-Safe-Growth Stocks for Long-Lasting Dividends appeared first on InvestorPlace.
AUSTIN, Minn. , May 1, 2019 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) invites you to participate in a conference call with Jim Snee , chairman of the board, president and chief executive officer, ...
AUSTIN, Minn., April 26, 2019 /PRNewswire/ -- Hormel Foods Corporation (HRL) and IGS Solar have started construction on a solar energy project at the Hormel Foods Swiss American Sausage Company facility in Lathrop, Calif. The project is slated for completion in July. IGS will partner with PCI Solar who will install the solar system, which will consist of 1,998 panels constructed on both roof and ground space. "We place great emphasis on minimizing our environmental impacts when producing food for customers and consumers around the world," said Tom Raymond, director of environmental sustainability at Hormel Foods.
Hormel Foods shares were down 3% in trading Tuesday after analysts at JPMorgan downgraded the stock to underweight from neutral. The firm also slashed its price target by 10% to $36 from $40, a downside from the stock's closing price on Monday of $40.
In 2016 Jim Snee was appointed CEO of Hormel Foods Corporation (NYSE:HRL). First, this article will compare CEO compensation with compensation at other large companies. After that, we will consider the growth in the busi...
Hormel Foods Corp. stock fell 4% in Tuesday premarket trading after the company was downgraded to underweight from neutral at J.P. Morgan due to rising hog prices. J.P. Morgan cut its price target to $36 from $40. "Hormel is heavily reliant upon pork as an input for its products (17%+ of total cost of goods sold by our estimate), and we do not think the company will be able to fully offset these cost increases through pricing," analysts wrote. Hormel products include Black Label Bacon, Real Bacon Toppings and Spam. In addition to hog prices, Jennie-O has lost more than 10% of its distribution thanks to a salmonella-related recall, and prices of Skippy peanut butter will likely come down after J.M. Smucker Co. lowered the price of Jif. Hormel stock is down 5.3% for the year to date while the the S&P 500 index is up 16%.
AUSTIN, Minn., April 18, 2019 /PRNewswire/ -- The makers of Hormel® Natural Choice® deli meats announced today the launch of the Good Feeds Us All national advertising campaign, created to inspire people to choose good whether it's in the food they eat or the actions they take. "Whether it's choosing no artificial ingredients and no artificial flavors, or choosing to be more imaginative, generous, kind or loving, there can never be too much good in our world," said Beth Fehrenbacher, senior brand manager for Hormel® Natural Choice® deli meats.
PepsiCo (PEP) buys the CytoSport business from Hormel Foods for $465 million. Muscle Milk and Evolve brands are likely to enhance PepsiCo's nutrition portfolio.
AUSTIN, Minn., April 16, 2019 /PRNewswire/ -- As part of its continued effort to support the U.S. military, the makers of Hormel® Cure 81® hams donated care packages full of Hormel Foods products to 42 Fisher Houses throughout the United States, feeding more than 1,500 military and veterans' family members for the Easter holiday. "We are proud to partner with the Fisher House Foundation again this year to help provide a delicious meal for veterans, service members and their families to celebrate together," said Stephanie Postma, Hormel® Cure 81® brand manager. "This is the sixth year that we have been able to donate care packages to Fisher Houses across the country.
AUSTIN, Minn. , April 15, 2019 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL) today announced it has completed the sale of its CytoSport business to PepsiCo, Inc. (NASDAQ: PEP). The transaction purchase ...
Another week, another win. That's the third winning week in a row for the S&P 500, thanks to Friday's 0.66% advance. The close at 2,907.41 wasn't the best ever, but it puts the index within sight of the record high of 2,940.91 hit in September of last year.Walt Disney (NYSE:DIS) led the way with its 11% gain, as investors celebrated the release of pricing details regarding its streaming service that will compete with Netflix (NASDAQ:NFLX). The service will only cost $6.99 per month, which handily beats even the lowest-cost option Netflix offers.Netflix shares fell more than 4% on the same news, though that still wasn't as bad as the near-5% setback Chevron (NYSE:CVX) suffered on Friday. The oil giant announced a bid to acquire Anadarko Petroleum (NYSE:APC) at a $33 billion price tag some investors feel may be too high.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHeaded into this week's action, the stock charts of Metlife (NYSE:MET), Hormel Foods (NYSE:HRL) and Wells Fargo (NYSE:WFC) have worked their way to the top of traders' watchlists. Here's why. Wells Fargo (WFC)At first glance, the 3% tumble Wells Fargo shares took on Friday is uncomfortable, but not devastating. Stocks have survived worse. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Sometimes, though, there's more to the story. This is one of those times. In this case, the fact that WFC stock tried to rally its way out of trouble on the final day of last week and then failed -- miserably -- at the first pitfall underscores how little support there is for this fragile name; Click to Enlarge • The shape of Friday's bar is the key. The open was more or less even, but the intraday rally only had to approach the blue 20-day moving average line before being completely upended. The bears tipped their hand.• Friday's big volume behind the selloff is another red flag, but if you look closely, you'll see that the bearish volume was slowly building all week. The sellers may have had Friday's rout planned.• Last week's setback also largely confirms a head-and-shoulders pattern that has been taking shape since the beginning of 2017. The pattern roughly puts WFC stock on a path towards the a key floor around $43.40, plotted with a red dashed line on the weekly chart. Metlife (MET)It's a bit difficult to see through all the volatility, but Metlife shares have been working on a breakout. Last year was relatively disappointing, but not a terribly well-deserved headwind.A major line in the sand has been drawn and verified as of Friday though, not because of what MET did, but because of what it wasn't able to do. That failed effort IS the verification of where the big technical ceiling now lies, though there's another, smaller one also coming into view. Click to Enlarge • The $46.28 level is the key, plotted in yellow on both stock charts. After bumping into that resistance four times since November, Friday's fifth effort ultimately fizzled as well.• Although not making any net progress, the higher low since December's bottom is underscored by a rising Chaikin line that says there are more buyers than sellers here.• Should the $46.28 level be hurdled, the next likely ceiling is $48.70, plotted with a red dashed line on both stock charts. That's were Metlife shares peaked several times last year. Hormel Foods (HRL)The bulls have been trying to shake Hormel Foods out of a rut for weeks now, with each effort ultimately failing. Still, those bulls held the line, keeping HRL shares within striking distance of a renewal of last year's rally.As of Friday, though, the stock is dangerously close to breaking below a major support line and has broken below another technical floor. Even worse, the sellers haven't been shy here. Click to Enlarge • The line in question is $40.97, plotted with a red dashed line on the daily chart. That's where, as of the end of last week, Hormel has made a low for the third time since December.• Although not yet below the $40.97 level, on Friday HRL stock did fall under the white 200-day moving average line.• Zooming out to the weekly chart, we can see the rising support line that has tagged all the key lows going back to late-2017 is also close to being broken.• The bearish volume bars are starting to steadily grow.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 3 Big Stock Charts for Monday: Metlife, Wells Fargo and Hormel Foods appeared first on InvestorPlace.
China has one of the world's largest pig population but an African flu is killing pigs at an unprecedented rate. Yahoo Finance's Adam Shapiro, Julie Hyman Dan Roberts, Sibile Marcellus and David Williams Informa Economics Global Protein Director discuss.
Hormel Foods lawsuit reveals what a 'natural' meat label really means. Yahoo Finance's Adam Shapiro, Julie Hyman, and Andy Serwer join Performance Food Group Director of Protein Steve Sands to discuss.