SCHEDULE: State Street Discloses 5% Stake in Hormel Foods

State Street Corporation has reported a 5% beneficial ownership stake in Hormel Foods Corp, holding over 27 million shares as of December 31, 2025.

Summary

• State Street Corporation, a Massachusetts-based parent holding company, has filed a Schedule 13G indicating beneficial ownership of common stock in HORMEL FOODS CORP.
• As of December 31, 2025, State Street Corporation beneficially owns an aggregate of 27,318,643 shares of Hormel Foods common stock.
• This ownership represents 5% of the total class of securities.
• State Street Corporation holds shared voting power over 21,835,498 shares and shared dispositive power over 27,317,546 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Hormel Foods Corp.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive. It's a routine disclosure of a significant institutional stake, indicating continued inclusion in major investment portfolios, which is generally a stable sign for the issuer.

Positives

• The disclosure of a 5% stake by a major institutional investor like State Street Corporation indicates continued institutional interest and confidence in Hormel Foods Corp.

Negatives

• This filing is a routine disclosure of beneficial ownership and does not contain information that would typically be categorized as negative.

Risks

• This filing is a routine disclosure of beneficial ownership and does not detail specific risks related to Hormel Foods Corp's operations or financial health.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Hormel Foods Corp or State Street Corporation regarding future performance.

Management Comments

• Elizabeth Schaefer, Senior Vice President, Chief Accounting Officer of State Street Corporation, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of Hormel Foods Corp.

Industry Context

StockSavvy.ai notes that the disclosure of a significant passive stake by a major asset manager like State Street Corporation is a common occurrence for large, stable companies like Hormel Foods in the consumer staples sector. It reflects the inclusion of Hormel Foods in various index funds and actively managed portfolios, rather than a specific strategic move by State Street.

Stakeholder Impact

• Shareholders: The disclosure confirms a significant institutional holder, which can contribute to market stability and liquidity.
• Hormel Foods Corp: Indicates continued institutional investment in the company's common stock.

Key Dates

Keywords

Hormel Foods, State Street Corporation, Beneficial Ownership, SEC Filing, Institutional Investor, Common Stock, Schedule 13G, Food Industry