Raiffeisen Bank International AG trimmed its holdings in shares of General Mills, Inc. (NYSE:GIS – Free Report) by 41.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 134,058 shares of the company’s stock after selling 94,831 shares during the period. Raiffeisen Bank International AG’s holdings in General Mills were worth $6,657,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of the business. Guardian Wealth Advisors LLC increased its holdings in General Mills by 2.7% in the 2nd quarter. Guardian Wealth Advisors LLC now owns 7,885 shares of the company’s stock worth $409,000 after buying an additional 209 shares in the last quarter. Austin Private Wealth LLC lifted its stake in General Mills by 5.0% during the 3rd quarter. Austin Private Wealth LLC now owns 4,442 shares of the company’s stock valued at $224,000 after acquiring an additional 211 shares during the period. Retirement Planning Co of New England Inc. boosted its holdings in shares of General Mills by 4.2% during the 3rd quarter. Retirement Planning Co of New England Inc. now owns 5,416 shares of the company’s stock valued at $273,000 after acquiring an additional 219 shares during the last quarter. Stonebridge Capital Advisors LLC grew its stake in shares of General Mills by 0.7% in the second quarter. Stonebridge Capital Advisors LLC now owns 32,843 shares of the company’s stock worth $1,702,000 after acquiring an additional 226 shares during the period. Finally, AlphaCore Capital LLC raised its holdings in shares of General Mills by 10.9% during the second quarter. AlphaCore Capital LLC now owns 2,343 shares of the company’s stock valued at $121,000 after purchasing an additional 231 shares during the last quarter. Hedge funds and other institutional investors own 75.71% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on GIS shares. TD Cowen dropped their target price on shares of General Mills from $47.00 to $45.00 and set a “hold” rating on the stock in a report on Wednesday. Royal Bank Of Canada set a $63.00 price target on General Mills and gave the company an “outperform” rating in a report on Wednesday, December 17th. UBS Group set a $46.00 price objective on General Mills in a report on Friday, February 13th. Piper Sandler reduced their price objective on General Mills from $60.00 to $53.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Barclays dropped their target price on General Mills from $52.00 to $46.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, General Mills has an average rating of “Hold” and a consensus price target of $51.37.
General Mills Stock Performance
Shares of GIS opened at $44.63 on Friday. The business has a 50-day simple moving average of $46.08 and a two-hundred day simple moving average of $47.68. The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 1.30. General Mills, Inc. has a 52 week low of $42.78 and a 52 week high of $67.35. The stock has a market cap of $23.82 billion, a price-to-earnings ratio of 9.60 and a beta of -0.06.
General Mills (NYSE:GIS – Get Free Report) last announced its quarterly earnings data on Wednesday, December 17th. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.07. General Mills had a return on equity of 21.41% and a net margin of 13.51%.The company had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same period in the previous year, the company posted $1.40 EPS. The firm’s revenue was down 7.2% on a year-over-year basis. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. On average, analysts expect that General Mills, Inc. 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 Friday, May 1st. Stockholders of record on Friday, April 10th will be given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Friday, April 10th. General Mills’s dividend payout ratio (DPR) is presently 52.47%.
Key Headlines Impacting General Mills
Here are the key news stories impacting General Mills this week:
- Positive Sentiment: BofA remains bullish on General Mills, arguing underlying brand strength and margins justify confidence despite a tougher backdrop. BofA remains bullish on General Mills (GIS) – here’s why
- Positive Sentiment: Investment articles highlight General Mills as a high-yield dividend pick, which supports the stock’s defensive appeal for income investors. 2 No-Brainer Dividend Stocks to Buy Right Now
- Positive Sentiment: Coverage on product strategy notes General Mills is pushing protein-forward cereals to win health-conscious shoppers — a potential long-term revenue stabilizer if execution succeeds. Is General Mills (GIS) Using Protein Cereals to Reposition Its Core Brand Strategy?
- Neutral Sentiment: Several analyst-roundup pieces provide mixed takeaways and context on consumer food stocks (General Mills vs. peers), offering industry comparatives rather than firm-specific bullish/bearish calls. Analysts Offer Insights on Consumer Goods Companies: General Mills (GIS) and Kenvue, Inc. (KVUE)
- Neutral Sentiment: Another analyst roundup compares General Mills to Hormel Foods, useful for relative valuation/strategy context but not a clear directional catalyst. Analysts Offer Insights on Consumer Goods Companies: General Mills (GIS) and Hormel Foods (HRL)
- Neutral Sentiment: Post‑quarter “buy/sell/hold” coverage reexamines the stock after Q4 results — useful for horizon investors but not a near-term price catalyst. General Mills (GIS): Buy, sell, or hold post Q4 earnings?
- Negative Sentiment: Piper Sandler cut its price target on GIS to $53, reducing upside expectations and signaling more cautious views on near-term growth. Piper Sandler Lowers General Mills (NYSE:GIS) Price Target to $53.00
- Negative Sentiment: Wells Fargo lowered its price target to $45, another downward revision that likely increases selling pressure. Wells Fargo & Company Lowers General Mills (NYSE:GIS) Price Target to $45.00
- Negative Sentiment: News coverage highlights General Mills cutting guidance and warning of a “challenging backdrop,” which directly pressures valuation and investor sentiment. General Mills Guidance Cut Tests Valuation Appeal And Consumer Resilience
- Negative Sentiment: Additional pieces argue the company’s growth prospects are impaired and that historically low valuations may no longer be a buy signal, reinforcing bearish views. General Mills wipes out prospects for growth amid “challenging backdrop” General Mills: Why Historically Low Valuations Are No Longer A ‘Buy’ Signal
- Negative Sentiment: WSJ coverage underscores that a cut in outlook “slammed” the stock, summarizing market reaction to the weaker guidance and execution concerns. General Mills Wants to Win Health-Conscious Shoppers; Cut in Outlook Slams Stock
Insider Buying and Selling at General Mills
In related news, insider Paul Joseph Gallagher sold 1,500 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $48.15, for a total value of $72,225.00. Following the completion of the transaction, the insider owned 48,568 shares of the company’s stock, valued at approximately $2,338,549.20. This represents a 3.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.30% of the company’s stock.
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.
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