Hormel Foods stock pre-market at EUR 18.09: plus 0.89 percent
Published on 10/05/2026 at 07:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Hormel Foods stock traded at EUR 18.09 pre-market at 7:51 a.m. CEST on October 5, 2026, up 0.89 percent versus the EUR 17.93 Lang & Schwarz close on October 2, 2026.
Pre-market trading
The bid was EUR 18.02 and the ask was EUR 18.16 at the quoted time. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Hormel Foods stock.
Brakebush acquisition announced
On September 30, 2026, Hormel Foods Corporation said it had entered into a definitive agreement to acquire Brakebush Brothers, LLC, from the Brakebush family. The purchase price is approximately $1.055 billion, and the transaction is expected to close in the first quarter of Hormel Foods' fiscal 2027, subject to customary closing conditions including regulatory approval, according to the company's investor-relations release.
The release said Brakebush generated approximately $1.2 billion in net sales over the last 12 months and operates five production facilities and two research and development labs. Hormel Foods said it expects the acquisition to be accretive to adjusted earnings per share beginning in fiscal 2028.
Quarterly dividend
In a September 28, 2026 announcement, Hormel Foods said its board authorized a quarterly dividend of $0.2925 per share. The dividend is payable November 16, 2026, to stockholders of record at the close of business on October 13, 2026, the company's investor-relations release said.
