Mizuho Has Lowered Expectations for General Mills (NYSE:GIS) Stock Price

General Mills (NYSE:GIS) had its target price dropped by investment analysts at Mizuho from $47.00 to $39.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Mizuho’s price target would indicate a potential upside of 4.65% from the company’s previous close.

GIS has been the topic of a number of other research reports. Piper Sandler lowered their price objective on General Mills from $60.00 to $53.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $51.00 price target on shares of General Mills in a research report on Thursday, December 18th. Jefferies Financial Group cut their price target on General Mills from $50.00 to $47.00 and set a “hold” rating for the company in a report on Thursday, December 11th. TD Cowen cut their target price on General Mills from $45.00 to $37.00 and set a “hold” rating on the stock in a research report on Thursday. Finally, The Goldman Sachs Group dropped their target price on General Mills from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday. Four analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, General Mills has an average rating of “Reduce” and a consensus price target of $45.56.

General Mills Trading Down 0.9%

GIS traded down $0.32 during mid-day trading on Thursday, hitting $37.27. 6,164,011 shares of the stock were exchanged, compared to its average volume of 8,535,707. General Mills has a 1-year low of $37.17 and a 1-year high of $62.61. The firm’s fifty day moving average is $44.66 and its two-hundred day moving average is $46.80. The company has a market cap of $19.88 billion, a PE ratio of 8.03 and a beta of -0.05. The company has a current ratio of 0.66, a quick ratio of 0.39 and a debt-to-equity ratio of 1.30.

General Mills (NYSE:GIS) last posted its earnings results on Wednesday, March 18th. The company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.09). The business had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.53 billion. General Mills had a net margin of 13.51% and a return on equity of 21.41%. The business’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same period last year, the company earned $1.12 EPS. Equities analysts forecast that General Mills will post 4.36 earnings per share for the current fiscal year.

Insider Activity at General Mills

In other news, insider Paul Joseph Gallagher sold 1,500 shares of General Mills stock in a transaction on Friday, December 19th. The stock was sold at an average price of $48.15, for a total transaction of $72,225.00. Following the transaction, the insider owned 48,568 shares in the company, valued at approximately $2,338,549.20. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On General Mills

A number of large investors have recently added to or reduced their stakes in GIS. Avantax Advisory Services Inc. boosted its stake in General Mills by 7.7% during the second quarter. Avantax Advisory Services Inc. now owns 61,444 shares of the company’s stock worth $3,183,000 after buying an additional 4,390 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of General Mills by 3.5% during the second quarter. Kingsview Wealth Management LLC now owns 11,519 shares of the company’s stock worth $597,000 after buying an additional 385 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of General Mills by 3.5% in the second quarter. Nomura Asset Management Co. Ltd. now owns 216,599 shares of the company’s stock valued at $11,222,000 after acquiring an additional 7,241 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of General Mills by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 69,346,225 shares of the company’s stock worth $3,592,828,000 after acquiring an additional 581,045 shares in the last quarter. Finally, Traub Capital Management LLC bought a new position in General Mills in the 2nd quarter valued at $46,000. Institutional investors own 75.71% of the company’s stock.

Key Headlines Impacting General Mills

Here are the key news stories impacting General Mills this week:

• Positive Sentiment: Management highlights product wins aimed at growth — General Mills is pushing protein- and fiber-forward products (Cheerios Protein, more protein in Honey Nut Cheerios); management says Cheerios Protein could be a $100M business this year, which supports a potential recovery in volumes and mix. Article Title
• Positive Sentiment: Portfolio simplification: sale of Brazil unit aims to sharpen focus on higher-margin platforms and free up capital for core brands. That strategic pruning can support margins longer term. Article Title
• Neutral Sentiment: Company reaffirmed its full-year guidance despite the Q3 miss — this provides short-term visibility but didn’t reassure the market given weakening top-line trends. Article Title
• Neutral Sentiment: Full Q3 earnings call transcript and materials released — useful for investors assessing whether cost actions and brand investments can restore growth. Article Title
• Negative Sentiment: Q3 miss and weakening sales: GIS reported $0.64 EPS vs. ~$0.73 consensus and $4.44B revenue vs. ~$4.53B; organic sales and volumes declined year-over-year, pressuring margins. Article Title
• Negative Sentiment: Analysts cut targets and some downgraded the name after the print — UBS trimmed its PT and moved to a sell view, and several firms reduced forecasts, increasing near-term downside risk and dampening sentiment. Article Title
• Negative Sentiment: Investor skepticism and negative commentary: market reaction included critical takes (e.g., Jim Cramer) and coverage noting turnaround progress hasn’t yet convinced the crowd. Article Title
• Negative Sentiment: Sector headwinds: broader consumer-staples and consumer discretionary weakness is weighing on GIS shares alongside company-specific issues. Article Title

About General Mills

General Mills, Inc (NYSE: GIS) is a multinational consumer foods company that develops, manufactures and markets a broad portfolio of branded food products. Its product categories include ready-to-eat and hot cereals, baking mixes and ingredients, snacks and bars, refrigerated and frozen doughs, yogurt and other dairy products, and a variety of shelf-stable meals and meal components. The company’s portfolio features widely recognized consumer brands across grocery store, mass channel and foodservice outlets.

Founded in the early 20th century and incorporated under its current name in 1928, General Mills has grown through both internal brand development and strategic expansion to become a global food company.