General Mills, Inc. (NYSE:GIS) Given Consensus Rating of “Hold” by Analysts

General Mills, Inc. (NYSE:GIS) has earned a consensus rating of “Hold” from the twenty-one brokerages that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $53.3333.

GIS has been the subject of a number of recent analyst reports. Morgan Stanley set a $47.00 price objective on General Mills and gave the company an “underweight” rating in a report on Wednesday, December 17th. Stifel Nicolaus lowered their target price on shares of General Mills from $56.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Sanford C. Bernstein set a $54.00 price target on shares of General Mills and gave the stock a “market perform” rating in a research note on Thursday, December 18th. UBS Group reiterated a “sell” rating on shares of General Mills in a report on Friday, December 19th. Finally, TD Cowen reissued a “hold” rating on shares of General Mills in a research report on Monday, December 15th.

General Mills Price Performance

General Mills stock opened at $44.69 on Friday. General Mills has a 12-month low of $42.78 and a 12-month high of $67.35. The company has a current ratio of 0.66, a quick ratio of 0.39 and a debt-to-equity ratio of 1.30. The firm has a 50-day moving average price of $46.05 and a 200-day moving average price of $48.06. The firm has a market capitalization of $23.85 billion, a PE ratio of 9.61 and a beta of -0.06.

General Mills (NYSE:GIS) last posted its quarterly earnings data on Wednesday, December 17th. The company reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.07. General Mills had a net margin of 13.51% and a return on equity of 21.41%. The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.78 billion. During the same period in the prior year, the company posted $1.40 EPS. The firm’s revenue for the quarter was down 7.2% on a year-over-year basis. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. As a group, equities research analysts forecast that General Mills will post 4.36 EPS for the current year.

General Mills Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Friday, January 9th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $2.44 annualized dividend and a yield of 5.5%. General Mills’s dividend payout ratio is 52.47%.

Insider Buying and Selling

In other General Mills 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 completion of the sale, the insider directly owned 48,568 shares of the company’s stock, valued at $2,338,549.20. The trade was a 3.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.30% of the stock is owned by insiders.

Hedge Funds Weigh In On General Mills

Several institutional investors have recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC bought a new position in General Mills during the 3rd quarter worth about $25,000. Close Asset Management Ltd purchased a new stake in shares of General Mills in the 3rd quarter worth approximately $28,000. Davis Capital Management bought a new position in shares of General Mills during the third quarter valued at approximately $29,000. Salomon & Ludwin LLC increased its holdings in General Mills by 1,094.4% during the third quarter. Salomon & Ludwin LLC now owns 645 shares of the company’s stock valued at $32,000 after buying an additional 591 shares during the period. Finally, Financial Consulate Inc. purchased a new position in General Mills during the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 75.71% of the company’s stock.

General Mills Company Profile

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.