Performance Overview - The Dividend Kings experienced a decline of 1.58% in September, underperforming the SPDR S&P 500 ETF (SPY) by 4.47% [1] Current Month Performance - The performance in the current month is not showing improvement compared to previous results [1]

Core Insights - Hormel Foods Corporation and Forward Consumer Partners have signed a definitive agreement to establish a strategic partnership, allowing the Justin's® brand to become a standalone company, with Forward owning 51% and Hormel Foods owning 49% [1][3] Company Overview - Justin's® brand was founded in 2004 by Justin Gold, starting with handcrafted almond butters sold at the Boulder Farmers Market, and has since grown into a recognized brand in nut butters and organic snacks [2][5] - Hormel Foods acquired Justin's® in 2016 and has since expanded its product offerings, including various nut butters and confectionery items [3][5] Leadership Changes - Justin Gold will return as a strategic advisor and board member, while Peter Burns will resume his role as CEO, bringing extensive experience from previous leadership positions in the food and beverage industry [3][4] Strategic Goals - The partnership aims to leverage the strong brand equity of Justin's® and unlock its growth potential, reflecting Hormel Foods' broader strategy to enhance the value of its brands [3][4] Financial Context - Forward Consumer Partners manages $425 million in committed capital through its debut fund, which closed in 2023, indicating a strong financial backing for the new partnership [6]

Core Insights - Hormel Foods Corporation has a market capitalization of $13.1 billion and is a prominent global manufacturer and marketer of meat and food products, featuring well-known brands such as SKIPPY™, SPAM™, Hormel™, and Planters™ [1] Financial Performance - Hormel Foods is expected to announce its fiscal Q4 2025 results soon, with analysts predicting an adjusted EPS of $0.38, which represents a 9.5% decline from $0.42 in the same quarter last year [2] - For fiscal 2025, the company is projected to report an adjusted EPS of $1.44, down 8.9% from $1.58 in fiscal 2024, but is anticipated to see a 6.3% growth year-over-year to $1.53 in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, Hormel Foods' shares have decreased by 22.8%, underperforming compared to the S&P 500 Index, which increased by 18.4%, and the Consumer Staples Select Sector SPDR Fund, which dipped by 2.6% [4] - Despite reporting better-than-expected Q3 2025 revenue of $3.03 billion, shares fell by 13.1% due to missed earnings estimates, with an adjusted EPS of $0.35 attributed to higher commodity costs [5] Analyst Sentiment - The consensus view among analysts on Hormel Foods stock is cautious, with an overall "Hold" rating; out of 10 analysts, three recommend "Strong Buy," six suggest "Hold," and one advises "Strong Sell" [6] - The average analyst price target for Hormel Foods is $28.71, indicating a potential upside of 20.9% from current levels [6]

Company Summary - Hormel Foods Corporation (HRL) is recalling nearly 4.9 million pounds of frozen ready-to-eat chicken products due to reports of metal fragments found in the products [2][7] - The recall affects items sold under the "Hormel FIRE BRAISED MEATS ALL NATURAL" label, produced between February 10 and September 19, 2025, and distributed to foodservice clients [2][7] - The current stock price of Hormel Foods is approximately $23.83, with a market capitalization of around $13.11 billion [2] Industry Summary - The recall of Hormel Foods products highlights potential quality control issues within the food processing industry, particularly concerning food safety and contamination risks [2][7] - The geopolitical landscape, including military advancements by Russia and peace negotiations involving the PKK, may indirectly impact the food industry through shifts in market stability and consumer confidence [3][5][7]

Core Points - Hormel Foods is recalling 215,258 cases, totaling 4,874,815 pounds, of HORMEL FIRE BRAISED items due to potential extraneous metal contamination [1] - The recall affects only specific products with establishment number P-223, and no other Hormel products are impacted [1] - No illnesses or injuries have been reported in connection with this recall [1] Product Details - The recalled products include various HORMEL FIRE BRAISED items with label dates ranging from February 10, 2025, to April 29, 2025 [2] - Specific item numbers affected include 65009 (Chicken Thigh), 46750 (Fire Braised), 86206 (5OZ Halal), and 77531 (Chicken Breast) among others [3] Recall Process - Hormel Foods is conducting this recall in coordination with the Food Safety and Inspection Service (FSIS) to ensure customer awareness [4] - All foodservice customers who received the affected products have been properly notified [1]

Core Viewpoint - Hormel Foods (NYSE: HRL) has experienced poor stock performance due to lackluster results and general weakness in consumer staples, but analysts believe these issues are temporary and overlook the company's strengths [1]. Company Performance - Hormel Foods shares have been negatively impacted by recent financial results and broader market trends affecting consumer staples [1]. Analyst Perspective - An analyst suggests that the current challenges faced by Hormel Foods are not indicative of long-term issues, implying potential for recovery and growth in the future [1].

Group 1: Cadence Bank - Cadence Bank has a history of increasing dividends for 12 consecutive years, with a recent quarterly payout hike of 10% to $0.275 per share, translating to an annual figure of $1.10 per share [3] - The current dividend yield for Cadence Bank is 3.01% [3] - As of June 30, Cadence Bank's annual revenue was $1.82 billion, and for Q3 2025, the company reported revenues of $517.21 million, which was below the consensus estimate of $525 million, while EPS of $0.81 exceeded the consensus of $0.78 [4] Group 2: LCI Industries - LCI Industries has raised its dividends for nine consecutive years, with the latest increase from $1.05 to $1.15 per share, equating to an annual figure of $4.60 per share [5] - The current dividend yield for LCI Industries is 5.22% [5] - As of June 30, LCI Industries' annual revenue was $3.87 billion, and for Q2 2025, the company reported revenues of $1.11 billion and EPS of $2.39, both exceeding consensus estimates [6] Group 3: Hormel Foods - Hormel Foods Corp. is involved in the development, processing, and distribution of various food products, including meat and nuts, catering to foodservice, convenience stores, and commercial customers both domestically and internationally [7]

Core Insights - PLANTERS brand reintroduces Special Reserve peanuts for National Nut Day and the holiday season, responding to high demand from last year [1][3] - The Special Reserve peanuts are larger than standard varieties, grown in Virginia, and feature a unique flavor profile appealing to peanut enthusiasts [2][3] Product Details - The limited-edition Special Reserve peanuts are packaged in 13-ounce aluminum containers, priced at $8.99, available at select Albertsons stores and online [4] - The product aims to enhance holiday gifting experiences with its premium quality and distinctive taste [3] Brand Background - PLANTERS brand, established in 1906, offers a wide range of nut products and is owned by Hormel Foods Corporation since 2021 [5] - Hormel Foods Corporation generates approximately $12 billion in annual revenue and is recognized for its corporate responsibility and community service efforts [6]

Core Insights - Hormel Foods Corporation (NYSE:HRL) is recognized as one of the 11 Low PE High Dividend Stocks to consider for investment according to analysts [1] - The company is experiencing a growth slowdown despite a global trend towards higher protein consumption, with its stock price declining over 24% since the start of 2025 [2][3] Financial Performance - In fiscal Q3 2025, Hormel reported adjusted earnings per share of $0.35 on sales of $3.03 billion, missing analysts' expectations by $0.06 [3] - Organic sales increased by 6% year over year, while total revenue rose by 4.5%, but the company's weaker forward guidance has led to investor disappointment [3] Future Outlook - For the current quarter, Hormel expects revenue to be between $3.15 billion and $3.25 billion, compared to $3.1 billion in the same period last year [4] - Organic net sales are projected to grow by 1% to 4%, indicating a slowdown from the previous quarter's growth rate [4] Dividend Information - Hormel Foods has maintained its dividend payout for 59 consecutive years, reinforcing its status as a reliable income stock [5] - The company currently pays a quarterly dividend of $0.29 per share, resulting in a dividend yield of 4.85% as of October 14 [5]

Core Points - Hormel Foods is committed to supporting local hunger-relief organizations by providing $10,000 to each of its production facilities in the U.S. during Hunger Action Month [1][2] - The company has donated over $53 million in cash and product donations toward food security initiatives since 2020, as highlighted in its 2024 Global Impact Report [3][4] - Hormel Foods partners with leading nonprofit organizations, including Feeding America and Share Our Strength, to maximize the impact of its contributions [4][5] Company Initiatives - In September, Hormel Foods made monetary donations to 46 organizations across the U.S. through its hunger-relief program [2] - Team members at production facilities play a crucial role in selecting local organizations to receive donations, fostering a strong community connection [3] - The company emphasizes the importance of local support, as seen in the example of Burke Corporation, which divided its donation between two local nonprofits [3] Partnerships and Campaigns - Hormel Foods launched a signature partnership with Share Our Strength, focusing on ending childhood hunger and expanding access to summer meal programs [4] - The company is actively involved in national campaigns to ensure children receive necessary nourishment, highlighting its commitment to community resilience [5] Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, generates approximately $12 billion in annual revenue and operates in over 80 countries [6] - The company is recognized for its corporate responsibility and community service efforts, being a member of the S&P 500 Index and receiving various accolades [6]