Gotham Asset Management LLC Buys 84,193 Shares of General Mills, Inc. $GIS

Posted by Stacy Sanders on Mar 17th, 2026

Gotham Asset Management LLC raised its stake in General Mills, Inc. (NYSE:GIS – Free Report) by 17.4% during the 3rd quarter, Holdings Channel reports. The fund owned 568,928 shares of the company’s stock after acquiring an additional 84,193 shares during the period. Gotham Asset Management LLC’s holdings in General Mills were worth $28,685,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Close Asset Management Ltd bought a new position in shares of General Mills during the third quarter worth approximately $28,000. Davis Capital Management bought a new stake in General Mills in the 3rd quarter valued at $29,000. Salomon & Ludwin LLC grew its holdings in General Mills by 1,094.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 645 shares of the company’s stock valued at $32,000 after buying an additional 591 shares in the last quarter. Financial Consulate Inc. acquired a new position in General Mills in the 3rd quarter valued at $32,000. Finally, Binnacle Investments Inc increased its position in General Mills by 312.5% during the 3rd quarter. Binnacle Investments Inc now owns 660 shares of the company’s stock worth $33,000 after buying an additional 500 shares during the period. 75.71% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about General Mills

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

Positive Sentiment: General Mills is reviving its La Tiara taco‑shell brand, expanding the product from regional to national distribution and creating more than 100 local jobs — a potential boost to shelf presence, category momentum and long‑term top‑line growth. General Mills Reintroduces Beloved La Tiara Brand
Neutral Sentiment: GIS will report Q1 results before the market opens this Wednesday; preview pieces outline what to watch (margins, promotional activity, and guidance) but don’t yet move consensus materially — results could spark near‑term volatility. What To Expect From General Mills’s (GIS) Q1 Earnings
Neutral Sentiment: Macro calendar risk: the Fed decision and PPI release this week could shift market sentiment and affect consumer spending expectations and input‑cost outlooks for packaged‑food names like General Mills. Fed Meeting, PPI, Micron Earnings: Still to Come This Week
Neutral Sentiment: Opinion pieces highlighting a bullish, value‑oriented thesis on GIS (low P/E, stable cash flow) are circulating — these argue for longer‑term upside but are commentary rather than new company fundamentals. Is General Mills, Inc. (GIS) A Good Stock To Buy Now? InsiderMonkey: Is General Mills A Good Stock To Buy Now?
Negative Sentiment: Analyst previews (Zacks, Yahoo) flag that Q3/Q1 revenue and EPS may decline due to increased promotions, cost pressures and investments — this outlook increases the risk of an earnings miss or weaker guidance that would push the stock lower. GIS Q3 Earnings on the Horizon: Essential Insights for Investors (Yahoo) Zacks: GIS Q3 Earnings on the Horizon
Negative Sentiment: Barclays cut its price target to $43 and set an “equal weight” rating, signaling more conservative near‑term expectations from the sell‑side; analyst downgrades or PT cuts tend to weigh on sentiment ahead of earnings. Benzinga: Barclays Lowers Price Target

Insiders Place Their Bets

In other General Mills news, insider Paul Joseph Gallagher sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $48.15, for a total transaction of $72,225.00. Following the completion of the transaction, the insider owned 48,568 shares in the company, valued at approximately $2,338,549.20. This trade represents a 3.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. TD Cowen reduced their target price on shares of General Mills from $47.00 to $45.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Sanford C. Bernstein dropped their price objective on shares of General Mills from $53.00 to $48.00 and set a “market perform” rating for the company in a research note on Wednesday, February 18th. Stifel Nicolaus cut their price objective on shares of General Mills from $52.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Bank of America lowered shares of General Mills from a “buy” rating to a “neutral” rating and set a $48.00 target price on the stock. in a research report on Monday, February 23rd. Finally, Jefferies Financial Group dropped their price target on shares of General Mills from $50.00 to $47.00 and set a “hold” rating for the company in a research report on Thursday, December 11th. Four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $48.94.

Get Our Latest Analysis on General Mills

General Mills Stock Down 1.0%

Shares of NYSE GIS opened at $38.98 on Tuesday. The company has a 50 day simple moving average of $44.87 and a 200 day simple moving average of $46.94. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.66 and a quick ratio of 0.39. General Mills, Inc. has a 1 year low of $38.59 and a 1 year high of $62.61. The firm has a market cap of $20.80 billion, a PE ratio of 8.38 and a beta of -0.05.

General Mills (NYSE:GIS – Get Free Report) last announced its quarterly earnings results on Wednesday, December 17th. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.07. General Mills had a net margin of 13.51% and a return on equity of 21.41%. The firm had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.78 billion. During the same period in the prior year, the company posted $1.40 EPS. The company’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, research analysts forecast that General Mills, Inc. will post 4.36 EPS for the current year.

General Mills Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, April 10th. General Mills’s payout ratio is currently 52.47%.

General Mills Company Profile

(Free Report)

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.