Hendershot Investments Inc. Invests $574,000 in General Mills, Inc. $GIS

Hendershot Investments Inc. acquired a new stake in General Mills, Inc. (NYSE:GIS) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,424 shares of the company’s stock, valued at approximately $574,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vermillion & White Wealth Management Group LLC acquired a new position in General Mills during the 3rd quarter valued at $25,000. Reflection Asset Management bought a new stake in General Mills in the 4th quarter valued at $25,000. Nalls Sherbakoff Group LLC acquired a new stake in General Mills in the 4th quarter worth $26,000. Bruce G. Allen Investments LLC grew its position in General Mills by 139.8% in the 4th quarter. Bruce G. Allen Investments LLC now owns 578 shares of the company’s stock worth $27,000 after purchasing an additional 337 shares during the last quarter. Finally, Zions Bancorporation National Association UT increased its holdings in shares of General Mills by 248.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 630 shares of the company’s stock worth $29,000 after purchasing an additional 449 shares during the period. Institutional investors and hedge funds own 75.71% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on GIS shares. JPMorgan Chase & Co. upped their price objective on shares of General Mills from $31.00 to $35.00 and gave the company an “underweight” rating in a research report on Thursday. Stifel Nicolaus lowered their price target on General Mills from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Mizuho lowered their price target on General Mills from $47.00 to $39.00 and set a “neutral” rating on the stock in a research note on Thursday, March 19th. Wells Fargo & Company upped their price target on General Mills from $30.00 to $33.00 and gave the company an “underweight” rating in a report on Thursday. Finally, Royal Bank Of Canada reduced their price objective on General Mills from $60.00 to $55.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and seven have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $39.00.

General Mills News Roundup

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

• Positive Sentiment: General Mills reported Q4 EPS of $0.95 on revenue of $4.61 billion, both ahead of estimates, which helped lift sentiment toward the stock. General Mills (GIS) Stock Trades Up, Here Is Why
• Positive Sentiment: Management said it is targeting up to $3 billion in cost savings by fiscal 2030 and shifting toward innovation, which investors may view as a margin and earnings tailwind. General Mills Inc (GIS) Q4 2026 Earnings Call Highlights
• Positive Sentiment: The company also introduced product initiatives such as Reese’s Puffs and Honey Nut Cheerios Protein, reinforcing its effort to refresh the portfolio and support sales growth. General Mills (GIS) Launches Reese’s Puffs GloRilla Tie Up And Honey Nut Cheerios Protein
• Neutral Sentiment: Several brokers raised price targets after the earnings release, but ratings were still mostly neutral or negative, signaling that Wall Street sees limited upside until growth improves. These Analysts Increase Their Forecasts On General Mills After Upbeat Q4 Results
• Neutral Sentiment: Wells Fargo reiterated a Sell rating, while other firms such as JPMorgan, Deutsche Bank, Barclays, and Bank of America maintained cautious stances, highlighting ongoing concerns about weak sales growth and execution. Wells Fargo Remains a Sell on General Mills (GIS)
• Negative Sentiment: Analysts continue to flag “less bad” guidance and structural concerns, indicating the market still doubts a durable demand rebound for General Mills. General Mills Beats, But ‘Less Bad’ Outlook Leaves Analyst Unimpressed

Insider Buying and Selling

In other news, insider Ricardo Fernandez sold 7,995 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $34.50, for a total value of $275,827.50. Following the sale, the insider directly owned 62,283 shares in the company, valued at approximately $2,148,763.50. This represents a 11.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Jacqueline Williams-Roll sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $34.27, for a total value of $342,700.00. Following the completion of the sale, the insider owned 86,002 shares in the company, valued at approximately $2,947,288.54. This represents a 10.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by insiders.

General Mills Trading Down 0.2%

Shares of GIS stock opened at $37.50 on Friday. The firm has a fifty day moving average of $34.28 and a 200-day moving average of $39.80. The stock has a market cap of $20.01 billion, a price-to-earnings ratio of -208.31 and a beta of -0.03. General Mills, Inc. has a 52-week low of $31.75 and a 52-week high of $54.01. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.36 and a current ratio of 0.68.

General Mills (NYSE:GIS) last issued its earnings results on Wednesday, July 1st. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.15. The business had revenue of $4.61 billion for the quarter, compared to analyst estimates of $4.59 billion. General Mills had a negative net margin of 0.48% and a positive return on equity of 21.37%. The firm’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 EPS. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. On average, equities research analysts forecast that General Mills, Inc. will post 3.06 earnings per share for the current fiscal year.

General Mills Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be paid a dividend of $0.61 per share. The ex-dividend date is Friday, July 10th. This represents a $2.44 dividend on an annualized basis and a yield of 6.5%. General Mills’s dividend payout ratio (DPR) is currently -1,355.56%.

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.