Barclays Lowers General Mills (NYSE:GIS) Price Target to $43.00

General Mills (NYSE:GIS) had its price objective lowered by equities research analysts at Barclays from $46.00 to $43.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s target price points to a potential upside of 10.98% from the stock’s previous close.

GIS has been the subject of a number of other reports. TD Cowen reduced their price objective on shares of General Mills from $47.00 to $45.00 and set a “hold” rating for the company in a report on Wednesday, February 18th. Jefferies Financial Group lowered their target price on shares of General Mills from $50.00 to $47.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. Wells Fargo & Company cut shares of General Mills from an “equal weight” rating to an “underweight” rating and dropped their price target for the company from $45.00 to $35.00 in a research report on Thursday, March 12th. Zacks Research downgraded General Mills from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 19th. Finally, Piper Sandler decreased their price objective on General Mills from $60.00 to $53.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. Four analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $48.94.

General Mills Price Performance

Shares of GIS opened at $38.75 on Monday. The business’s fifty day moving average is $44.77 and its 200 day moving average is $46.86. General Mills has a 12-month low of $38.59 and a 12-month high of $62.61. 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 $20.67 billion, a P/E ratio of 8.33 and a beta of -0.05.

General Mills (NYSE:GIS) last announced its quarterly earnings results on Wednesday, December 17th. The company reported $1.10 EPS 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 business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same quarter in the previous year, the business posted $1.40 EPS. General Mills’s quarterly revenue was down 7.2% on a year-over-year basis. Sell-side analysts anticipate that General Mills will post 4.36 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Paul Joseph Gallagher sold 1,500 shares of the company’s stock in a transaction 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 sale, the insider directly owned 48,568 shares of the company’s stock, valued at $2,338,549.20. This represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On General Mills

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of General Mills by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 69,346,225 shares of the company’s stock worth $3,592,828,000 after acquiring an additional 581,045 shares in the last quarter. State Street Corp boosted its stake in General Mills by 0.4% during the third quarter. State Street Corp now owns 33,717,972 shares of the company’s stock worth $1,700,060,000 after acquiring an additional 145,701 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in General Mills by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 19,697,919 shares of the company’s stock worth $915,953,000 after purchasing an additional 488,617 shares during the period. Geode Capital Management LLC increased its stake in shares of General Mills by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 15,197,534 shares of the company’s stock valued at $704,170,000 after purchasing an additional 172,200 shares in the last quarter. Finally, Nordea Investment Management AB increased its stake in shares of General Mills by 15.9% during the third quarter. Nordea Investment Management AB now owns 9,956,665 shares of the company’s stock valued at $494,548,000 after purchasing an additional 1,368,041 shares in the last quarter. Hedge funds and other institutional investors own 75.71% of the company’s stock.

Trending Headlines about General Mills

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

• Positive Sentiment: General Mills agreed to sell its Brazil business to local coffee and consumer goods company 3corações as part of a push to streamline its portfolio and focus on higher-margin markets; investors reacted positively in premarket trading to the portfolio-sharpening rationale. General Mills sells Brazil unit to 3corações in push for leaner portfolio, high profits
• Positive Sentiment: Product/brand move: General Mills is reintroducing the La Tiara taco shell brand and expanding it nationally, a smaller-scale growth and marketing initiative that supports shelf momentum and local job creation. General Mills Reintroduces Beloved La Tiara Brand
• Neutral Sentiment: Upcoming earnings: Investors face near-term earnings risk — previews expect quarter-over-quarter revenue and earnings pressure from promotional activity, cost headwinds and investments; earnings results (and any guidance) could swing sentiment. GIS Q3 Earnings on the Horizon: Essential Insights for Investors
• Neutral Sentiment: Income-oriented coverage: Several pieces highlight GIS’s ~6.2–6.3% dividend yield and income strategies (e.g., option-income ideas), which can attract yield-seeking investors but also raise questions about safety and sustainability. How To Earn $500 A Month From General Mills Stock Ahead Of Q3 Earnings
• Negative Sentiment: Analyst estimate cuts: Zacks Research issued multiple downgrades and lowered near‑ and medium‑term EPS forecasts across quarters and years, and maintains a “Strong Sell” stance — a clear headwind for sentiment and valuation. MarketBeat — General Mills (Zacks updates summary)
• Negative Sentiment: Price-target and rating action: Barclays trimmed its price target (from $46 to $43) and holds an “equal weight” view, signaling limited upside from current levels. Benzinga — Barclays price-target note
• Negative Sentiment: Dividend safety concerns: Commentary aimed at retirees warns the elevated yield may reflect share-price stress and underlying operational/earnings pressure — a potential reason for caution among income investors. Retirees Eyeing General Mills’ 6.3% Dividend Should Read the Fine Print First

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.