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The Daily Insight

Is Hormel Foods owned by China?

Author

Sophia Dalton

Updated on February 09, 2026

Is Hormel Foods owned by China?

Hormel Foods began operations in China in 1994 through Beijing Hormel Foods Co. Ltd. Hormel Foods operates today in China through a wholly-owned subsidiary called Hormel (China) Investment Co., Ltd. Incorporated in Jiaxing, China.

Who owns the Hormel brand?

George A. Hormel
The company is headquartered in Austin, Minnesota and operates more than 30 production facilities throughout the United States. 48% of the shares of Hormel Foods Corporation are held by The Hormel Foundation, a nonprofit 501(c)(3) organization established in 1941 by George A. Hormel and his son, Jay C Hormel.

What sector is HRL in?

Key Data

LabelValue
ExchangeNYSE
SectorConsumer Non-Durables
IndustryMeat/Poultry/Fish
1 Year Target$46.50

Is Hormel a publicly traded company?

Yes. We are traded on the New York Stock Exchange under the ticker symbol HRL.

Which country buys the most Spam?

Today, South Korea produces and consumes more Spam than any other country except the United States. Spam is also an original ingredient in budae jjigae (literally “army base stew”), a spicy stew with different types of preserved meat or kimchi etc.

Where does Hormel get their pork?

Hormel Foods sources hogs from more than 500 independent family farmers across the Midwest and from a company-owned farm in Colorado. Many of the family farms we source hogs from have been suppliers for multiple generations. All of our designated market hogs are housed in a group pen setting from birth.

What kind of Foods does Hormel make?

What brands are owned by Hormel Foods?

  • Applegate® brand.
  • Columbus® craft meats.
  • Dinty Moore® stew.
  • Herdez® salsa.
  • Jennie-O® brand.
  • Justin’s® brand.
  • SKIPPY® brand.
  • Wholly Guacamole® brand.

    Is Hormel a good stock?

    The Hormel Foods Corporation stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.

    Is HRL stock a buy?

    For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment….Momentum Scorecard. More Info.

    Zacks RankDefinitionAnnualized Return
    1Strong Buy25.60%
    2Buy19.21%
    3Hold10.85%
    4Sell6.62%