Curated Wealth Partners LLC Buys 26,009 Shares of General Mills, Inc. $GIS

Curated Wealth Partners LLC bought a new position in shares of General Mills, Inc. (NYSE:GIS) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 26,009 shares of the company’s stock, valued at approximately $836,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in General Mills in the second quarter valued at $2,181,608,000. Bank of New York Mellon Corp acquired a new stake in General Mills during the 2nd quarter worth about $129,298,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of General Mills during the 2nd quarter valued at about $126,097,000. Legal & General Group Plc purchased a new position in shares of General Mills during the 2nd quarter valued at about $121,707,000. Finally, Deutsche Bank AG purchased a new position in shares of General Mills during the 2nd quarter valued at about $105,889,000. 75.71% of the stock is currently owned by institutional investors and hedge funds.

General Mills Stock Performance

Shares of NYSE GIS opened at $32.87 on Friday. The company’s fifty day moving average price is $36.47 and its 200 day moving average price is $35.69. General Mills, Inc. has a 1 year low of $31.17 and a 1 year high of $49.71. The company has a market capitalization of $17.57 billion, a PE ratio of -19.80, a price-to-earnings-growth ratio of 1.74 and a beta of 0.03. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.39 and a current ratio of 0.70.

General Mills (NYSE:GIS) last released its quarterly earnings results on Wednesday, September 23rd. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.72 by $0.03. General Mills had a negative net margin of 4.89% and a positive return on equity of 21.86%. The company had revenue of $4.39 billion for the quarter, compared to analyst estimates of $4.35 billion. During the same quarter last year, the business earned $0.86 earnings per share. The firm’s revenue was down 2.8% on a year-over-year basis. On average, research analysts predict that General Mills, Inc. will post 3.08 earnings per share for the current year.

General Mills Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Tuesday, October 13th will be paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Tuesday, October 13th. General Mills’s dividend payout ratio is presently -146.99%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on GIS. BNP Paribas Exane boosted their price objective on General Mills from $37.00 to $38.00 and gave the company a “neutral” rating in a report on Thursday, July 2nd. Jefferies Financial Group set a $35.00 target price on General Mills in a report on Thursday, September 10th. Evercore set a $38.00 target price on General Mills in a report on Monday, September 14th. Bank of America reiterated a “neutral” rating on shares of General Mills in a research report on Thursday, September 24th. Finally, Sanford C. Bernstein reissued an “underperform” rating and issued a $30.00 price target on shares of General Mills in a report on Thursday, September 24th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, General Mills currently has an average rating of “Reduce” and an average price target of $36.59.

More General Mills News

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

• Positive Sentiment: General Mills’ dividend yield has reached roughly 7.6%–7.7%, reportedly its highest level ever. The elevated payout may appeal to income-focused investors, while management’s decision to maintain the dividend signals confidence in cash-flow generation. General Mills hits its highest dividend yield ever at 7.6%
• Positive Sentiment: The company completed cash tender offers covering seven series of senior notes, with up to $750 million in tender consideration. The debt reduction and deleveraging focus could strengthen the balance sheet and reduce longer-term interest costs, supporting the shares if execution continues. General Mills Debt Tender Offers and Deleveraging Pivot
• Positive Sentiment: Fiscal 2027 first-quarter earnings and sales exceeded analyst expectations, indicating better-than-feared execution and some potential support from cost controls and retail performance. However, the beat did not eliminate broader profit concerns. General Mills Q1 Beat Masks Earnings Pressure While Guidance Holds
• Neutral Sentiment: Shareholders approved limits on blank-check preferred stock and adopted governance changes involving executive liability and federal-court venue for certain Securities Act claims. These measures clarify governance provisions but are unlikely to materially change near-term earnings or valuation. General Mills Shareholders Approved Limits on Blank Check Preferred Stock
• Negative Sentiment: Analysts continue to flag weak consumer demand, lower profit expectations and earnings pressure for fiscal 2027. The shares have declined about 13% over the past month, and the high dividend yield may partly reflect investor concerns about growth and payout sustainability. Is GIS Stock a Buy as Low Valuation Meets Near-Term Earnings Pressure?

General Mills Company Profile

General Mills, Inc is a global food company that manufactures and markets branded consumer foods. Its products include cereal, snack bars, refrigerated dough, baking mixes, yogurt, soup, meals, frozen foods, and pet food, serving retail, foodservice, and pet channels.

The company’s portfolio includes well-known brands such as Cheerios, Betty Crocker, Pillsbury, Nature Valley, Yoplait, Häagen-Dazs, Old El Paso, Progresso, Totino’s, Annie’s, and Blue Buffalo. General Mills sells its products primarily in the United States and also serves consumers in international markets across multiple regions.

General Mills traces its history to the Minneapolis Milling Company, established in 1856, and adopted the General Mills name following a 1928 combination of several milling businesses.