Cwm LLC Grows Holdings in General Mills, Inc. $GIS

Cwm LLC increased its holdings in shares of General Mills, Inc. (NYSE:GIS) by 17.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 312,037 shares of the company’s stock after purchasing an additional 47,112 shares during the period. Cwm LLC’s holdings in General Mills were worth $15,733,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of GIS. Garde Capital Inc. raised its holdings in shares of General Mills by 101.5% in the second quarter. Garde Capital Inc. now owns 524 shares of the company’s stock valued at $27,000 after buying an additional 264 shares during the last quarter. Armstrong Advisory Group Inc. acquired a new position in General Mills in the 2nd quarter valued at about $32,000. GKV Capital Management Co. Inc. purchased a new stake in General Mills during the 1st quarter valued at approximately $34,000. Pingora Partners LLC lifted its position in General Mills by 416.7% during the 1st quarter. Pingora Partners LLC now owns 620 shares of the company’s stock worth $37,000 after acquiring an additional 500 shares during the period. Finally, Traub Capital Management LLC acquired a new stake in General Mills during the 2nd quarter worth approximately $46,000. 75.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Paul Joseph Gallagher sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $48.15, for a total value of $72,225.00. Following the completion of the transaction, the insider directly owned 48,568 shares of the company’s stock, valued at $2,338,549.20. This trade represents a 3.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Evercore ISI reissued a “positive” rating on shares of General Mills in a report on Thursday, December 18th. Royal Bank Of Canada set a $63.00 price objective on shares of General Mills and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Jefferies Financial Group reduced their target price on shares of General Mills from $50.00 to $47.00 and set a “hold” 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. Finally, Stifel Nicolaus cut their price target on shares of General Mills from $56.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Five investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, General Mills has an average rating of “Hold” and an average target price of $53.44.

General Mills Stock Performance

NYSE:GIS opened at $47.08 on Friday. The firm’s fifty day simple moving average is $47.10 and its 200-day simple moving average is $49.27. The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 1.30. The stock has a market cap of $25.12 billion, a PE ratio of 10.12, a price-to-earnings-growth ratio of 0.88 and a beta of -0.07. General Mills, Inc. has a fifty-two week low of $45.15 and a fifty-two week high of $67.35.

General Mills (NYSE:GIS) last announced its quarterly earnings data on Wednesday, December 17th. The company reported $1.10 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 quarter last year, the business earned $1.40 earnings per share. The business’s revenue for the quarter was down 7.2% compared to the same quarter last year. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Analysts expect that General Mills, Inc. will post 4.36 earnings per share for the current fiscal year.

General Mills Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Friday, January 9th will be issued a $0.61 dividend. The ex-dividend date is Friday, January 9th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 5.2%. General Mills’s dividend payout ratio is currently 52.47%.

General Mills 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.