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

Shares of General Mills, Inc. (NYSE:GIS) have been given an average recommendation of “Hold” by the twenty-one ratings firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $53.2778.

Several equities analysts have recently weighed in on the stock. Stifel Nicolaus dropped their price objective on shares of General Mills from $56.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Evercore reiterated a “positive” rating on shares of General Mills in a research note on Thursday, December 18th. UBS Group set a $46.00 price target on shares of General Mills in a report on Friday. Weiss Ratings downgraded shares of General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, January 13th. Finally, Sanford C. Bernstein set a $54.00 price objective on General Mills and gave the stock a “market perform” rating in a report on Thursday, December 18th.

General Mills Stock Performance

GIS opened at $48.32 on Tuesday. 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 has a 12-month low of $42.78 and a 12-month high of $67.35. The business has a 50 day moving average of $46.17 and a 200-day moving average of $47.77. The stock has a market cap of $25.78 billion, a price-to-earnings ratio of 10.39 and a beta of -0.06.

General Mills (NYSE:GIS) last posted its quarterly earnings results 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 return on equity of 21.41% and a net margin of 13.51%.The business had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the prior year, the business earned $1.40 EPS. The firm’s revenue for the quarter 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, equities research analysts expect that General Mills will post 4.36 earnings per share for the current year.

General Mills Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Friday, April 10th. General Mills’s dividend payout ratio is currently 52.47%.

Insider Buying and Selling

In other General Mills news, insider Paul Joseph Gallagher sold 1,500 shares of the stock in a transaction on Friday, December 19th. The stock was sold at an average price of $48.15, for a total transaction of $72,225.00. Following the transaction, the insider owned 48,568 shares in the company, valued at $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 available at this hyperlink. 0.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On General Mills

Several institutional investors and hedge funds have recently modified their holdings of GIS. Envestnet Portfolio Solutions Inc. increased its holdings in shares of General Mills by 2.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 11,942 shares of the company’s stock worth $619,000 after purchasing an additional 230 shares during the period. RFG Advisory LLC grew its position in General Mills by 8.0% during the second quarter. RFG Advisory LLC now owns 5,919 shares of the company’s stock worth $307,000 after buying an additional 437 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in General Mills by 5.8% during the second quarter. Stratos Wealth Partners LTD. now owns 10,780 shares of the company’s stock worth $559,000 after buying an additional 592 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in General Mills by 8.8% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 4,810 shares of the company’s stock worth $247,000 after acquiring an additional 391 shares during the period. Finally, Cidel Asset Management Inc. raised its holdings in General Mills by 5.3% in the 2nd quarter. Cidel Asset Management Inc. now owns 8,374 shares of the company’s stock valued at $434,000 after acquiring an additional 425 shares in the last quarter. 75.71% of the stock is currently owned by institutional investors and hedge funds.

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.