HBW Advisory Services LLC Sells 28,087 Shares of General Mills, Inc. $GIS

HBW Advisory Services LLC cut its holdings in General Mills, Inc. (NYSE:GIS) by 64.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,705 shares of the company’s stock after selling 28,087 shares during the quarter. HBW Advisory Services LLC’s holdings in General Mills were worth $792,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Arkfeld Wealth Strategies L.L.C. grew its holdings in General Mills by 5.0% in the second quarter. Arkfeld Wealth Strategies L.L.C. now owns 4,184 shares of the company’s stock worth $217,000 after purchasing an additional 200 shares during the period. ICW Investment Advisors LLC boosted its position in shares of General Mills by 0.8% in the 1st quarter. ICW Investment Advisors LLC now owns 24,733 shares of the company’s stock worth $1,479,000 after purchasing an additional 202 shares in the last quarter. J2 Capital Management Inc grew its stake in shares of General Mills by 3.1% in the 2nd quarter. J2 Capital Management Inc now owns 6,846 shares of the company’s stock worth $355,000 after buying an additional 203 shares during the last quarter. Alpha Omega Wealth Management LLC grew its stake in shares of General Mills by 5.0% in the 2nd quarter. Alpha Omega Wealth Management LLC now owns 4,414 shares of the company’s stock worth $229,000 after buying an additional 209 shares during the last quarter. Finally, Guardian Wealth Advisors LLC increased its position in General Mills by 2.7% during the 2nd quarter. Guardian Wealth Advisors LLC now owns 7,885 shares of the company’s stock valued at $409,000 after buying an additional 209 shares in the last quarter. 75.71% of the stock is owned by hedge funds and other institutional investors.

General Mills Stock Performance

Shares of NYSE GIS opened at $47.08 on Friday. The firm’s 50-day moving average price is $47.10 and its 200-day moving average price is $49.27. General Mills, Inc. has a 52-week low of $45.15 and a 52-week high of $67.35. The company has a market cap of $25.12 billion, a PE ratio of 10.12, a PEG ratio of 0.88 and a beta of -0.07. 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 (NYSE:GIS) last issued its quarterly earnings data on Wednesday, December 17th. The company reported $1.10 earnings per share for the quarter, beating 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 the consensus estimate of $4.78 billion. During the same quarter in the prior year, the firm earned $1.40 earnings per share. The firm’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. As a group, analysts anticipate that General Mills, Inc. will post 4.36 EPS for the current year.

General Mills Dividend Announcement

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 given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Friday, January 9th. General Mills’s dividend payout ratio is 52.47%.

Wall Street Analysts Forecast Growth

Several research firms have commented on GIS. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $51.00 target price on shares of General Mills in a report on Thursday, December 18th. Jefferies Financial Group cut their price objective on shares of General Mills from $50.00 to $47.00 and set a “hold” rating on the stock in a research report on Thursday, December 11th. Wall Street Zen upgraded shares of General Mills from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Royal Bank Of Canada set a $63.00 target price on shares of General Mills and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of General Mills in a report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, General Mills presently has a consensus rating of “Hold” and an average price target of $53.44.

Insider Transactions at General Mills

In other General Mills news, insider Paul Joseph Gallagher sold 1,500 shares of the business’s stock in a transaction dated 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 in the company, valued at $2,338,549.20. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.30% 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.