General Mills, Inc. (NYSE:GIS) Receives Consensus Recommendation of “Hold” from Brokerages

General Mills, Inc. (NYSE:GIS) has been assigned an average recommendation of “Hold” from the twenty-two ratings firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $53.4444.

A number of analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of General Mills in a research note on Wednesday, October 8th. Cowen restated a “hold” rating on shares of General Mills in a report on Monday, December 15th. Wells Fargo & Company increased their price objective on shares of General Mills from $50.00 to $51.00 and gave the company an “equal weight” rating in a research note on Thursday, December 18th. Evercore ISI reissued a “positive” rating on shares of General Mills in a report on Thursday, December 18th. Finally, Morgan Stanley set a $47.00 price objective on shares of General Mills and gave the stock an “underweight” rating in a research note on Wednesday, December 17th.

General Mills Trading Up 0.2%

GIS opened at $47.08 on Monday. The stock’s fifty day moving average is $47.10 and its two-hundred day moving average is $49.24. The company has a market capitalization of $25.12 billion, a P/E ratio of 10.12, a PEG ratio of 0.88 and a beta of -0.07. General Mills has a 52 week low of $45.15 and a 52 week high of $67.35. 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 earnings results on Wednesday, December 17th. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.07. General Mills had a return on equity of 21.41% and a net margin of 13.51%.The business 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 business earned $1.40 EPS. 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 forecast that General Mills will post 4.36 earnings per share for the current year.

General Mills Dividend Announcement

The business 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. The ex-dividend date of this dividend is Friday, January 9th. This represents a $2.44 dividend on an annualized basis and a yield of 5.2%. General Mills’s dividend payout ratio (DPR) is presently 52.47%.

Insider Buying and Selling at General Mills

In other news, insider Paul Joseph Gallagher sold 1,500 shares of the firm’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $48.15, for a total value of $72,225.00. Following the sale, the insider directly 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On General Mills

Several institutional investors have recently bought and sold shares of GIS. Vermillion & White Wealth Management Group LLC acquired a new position in shares of General Mills during the third quarter worth $25,000. Garde Capital Inc. increased its position in General Mills by 101.5% during the 2nd quarter. Garde Capital Inc. now owns 524 shares of the company’s stock valued at $27,000 after buying an additional 264 shares in the last quarter. Close Asset Management Ltd acquired a new position in General Mills during the 3rd quarter valued at about $28,000. Davis Capital Management purchased a new stake in General Mills in the third quarter valued at about $29,000. Finally, Armstrong Advisory Group Inc. purchased a new stake in shares of General Mills during the second quarter worth about $32,000. 75.71% of the stock is currently owned by institutional investors and hedge funds.

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.