State Street holds 5% stake in Hormel Foods
State Street Corporation has reported a significant ownership position in Hormel Foods Corp common stock.
Rhea-AI Filing Summary
State Street Corporation has reported a significant ownership position in Hormel Foods Corp common stock. As of 12/31/2025, it beneficially owned 27,318,643 shares, representing 5% of the outstanding common stock.
State Street reports shared voting power over 21,835,498 shares and shared dispositive power over 27,317,546 shares, with no sole voting or dispositive power. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Hormel Foods.
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Insights
State Street discloses a 5% institutional stake in Hormel Foods, held in the ordinary course without control intent.
State Street Corporation reports beneficial ownership of 27,318,643 shares of Hormel Foods common stock, equal to 5% of the class as of 12/31/2025. This makes it a major institutional holder with shared influence over voting and disposition of these shares.
The disclosure shows shared voting power on 21,835,498 shares and shared dispositive power on 27,317,546 shares, with no sole authority. The shares are certified as held in the ordinary course of business and not to change or influence control of Hormel Foods.
This type of institutional ownership filing is routine. Its practical impact depends on how State Street’s asset management subsidiaries vote and manage these shares in future shareholder decisions, as they act for underlying clients and funds rather than on their own balance sheet.
FAQ
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What stake does State Street hold in Hormel Foods (HRL)?
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Is State Street’s 5% Hormel Foods (HRL) stake intended to influence control?
Which State Street subsidiaries are linked to the Hormel Foods (HRL) holdings?
When was State Street’s 5% ownership in Hormel Foods (HRL) measured?
What type of securities does State Street hold in Hormel Foods (HRL)?
AI-generated analysis. How Rhea-AI works. Not financial advice.