HRL Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own HRL shares is 903, representing 88.02% of the company's common stock.

GOLDMAN SACHS GROUP INC, in the last quarter, reduced its stake in HRL by -29.46% restricting it's holding to 2.05 million shares of worth nearly $71.40M. TD ASSET MANAGEMENT INC also lessened -8.91% of the HRL shares from its portfolio, reducing its holding to 966.09 thousand shares of worth $33.71M. SWISS NATIONAL BANK also shunned HRL shares holding by -3.86% last quarter which brought its holding to 900.7 thousand shares worth $31.43M.

As per its latest 13F filing, BALYASNY ASSET MANAGEMENT L.P. increased its stake in HRL by 100% in the last quarter. The institutional holder raised its holding to 982.1 thousand shares having worth more than $34.27M. BANK OF AMERICA CORP /DE/ also added 30.87% more shares of HRL to its portfolio, raising its holding to 952.87 thousand shares of worth $33.25M. VICTORY CAPITAL MANAGEMENT INC also increased its HRL shares holding by 83.17% which brought its holding to 835.83 thousand shares worth $29.16M.

The insider with the most stakes in HRL is Snee James P , CHAIRMAN, PRESIDENT AND CEO at the company. Additionally, HRL stock is highly held by Group Vice President SPLINTER JAMES M and Group Vice President VORPAHL LARRY L among others.

Company executives, directors, and other insiders own 0.22% percent of Hormel Foods Corporation's stock. Within the last six months, there have been 3 transaction(s) in which HRL insiders have sold stock, totaling 71.4K shares. Insiders that have sold shares include LYKKEN STEVEN J, MYERS KEVIN L, and BRADY DEANNA T.

There have been 1 transaction(s) during the past 6-months in which Hormel Foods Corporation insiders have bought stock, totalling 4904 shares

Around 149.16K Hormel Foods Corporation shares are held by insiders, which represents about 0.22% of HRL stock.

HRL CHAIRMAN, PRESIDENT AND CEO, Snee James P holds the largest portfolio of the company's shares. HRL shares owned by Snee total nearly 235 thousand.

GOLDMAN SACHS GROUP INC is the largest institutional owner in HRL which holds 2.05 million shares worth $71.40M or 0.37% of the total HRL shares outstanding followed by BALYASNY ASSET MANAGEMENT L.P. with ownership of 982.1 thousand shares representing 0.18% of the HRL ownership. TD ASSET MANAGEMENT INC is the third largest stakeholder with 966.09 thousand shares or 0.18% of the ownership worth more than $33.71M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the HRL is concerned, it is a stock which is optionable.

Number of HRL shares short is 9.33M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 549.01M shares of HRL are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, HRL has 289.99M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for HRL is 4.29.