Chicago Partners Investment Group LLC Purchases 16,560 Shares of General Mills, Inc. $GIS

Chicago Partners Investment Group LLC lifted its position in shares of General Mills, Inc. (NYSE:GIS) by 158.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,997 shares of the company’s stock after purchasing an additional 16,560 shares during the period. Chicago Partners Investment Group LLC’s holdings in General Mills were worth $950,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Reflection Asset Management bought a new position in General Mills during the fourth quarter worth about $25,000. Nalls Sherbakoff Group LLC acquired a new position in General Mills during the fourth quarter worth approximately $26,000. Bruce G. Allen Investments LLC raised its stake in General Mills by 139.8% in the fourth quarter. Bruce G. Allen Investments LLC now owns 578 shares of the company’s stock valued at $27,000 after buying an additional 337 shares during the period. Zions Bancorporation National Association UT raised its stake in General Mills by 248.1% in the fourth quarter. Zions Bancorporation National Association UT now owns 630 shares of the company’s stock valued at $29,000 after buying an additional 449 shares during the period. Finally, Binnacle Investments Inc lifted its position in shares of General Mills by 312.5% in the third quarter. Binnacle Investments Inc now owns 660 shares of the company’s stock valued at $33,000 after buying an additional 500 shares during the last quarter. 75.71% of the stock is owned by institutional investors.

Trending Headlines about General Mills

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

• Positive Sentiment: General Mills, ADM, and Walmart announced a collaboration to expand regenerative agriculture across 40,000 Midwest wheat acres, which could support longer-term supply chain resilience, sourcing reliability, and sustainability branding. General Mills, ADM, Walmart Partner to Accelerate Regenerative Agriculture Across 40,000 Midwest Wheat Acres
• Positive Sentiment: Zacks Research raised some longer-term earnings estimates for GIS, including FY2029 and Q4 2027, suggesting analysts still see earnings growth potential over time.
• Positive Sentiment: General Mills also introduced new Totino’s Pizza Rolls and Ultimate Pizza flavors, a product refresh that may help support demand in the frozen-snacks aisle and improve consumer engagement. Totino’s™ Brings Fan-Favorite Snack Hacks to Life with New Pizza Rolls™ and Ultimate Pizza™ Flavors
• Neutral Sentiment: Recent articles about GIS as a dividend stock may be supporting investor interest, but they do not appear to be a company-specific catalyst. Wall Street Is Sleeping on These 5 Quality Dividend Stocks: Grab Them Now Before It’s Too Late
• Negative Sentiment: Several Zacks Research updates cut near- and medium-term earnings estimates for FY2027 and FY2028, while a separate article labeled General Mills a “Bear of the Day,” reinforcing concerns about consumer trends, health-focused demand shifts, and earnings pressure. Bear of the Day: General Mills (GIS)

General Mills Stock Performance

NYSE GIS opened at $38.56 on Friday. The firm’s 50 day simple moving average is $34.58 and its 200 day simple moving average is $39.07. The firm has a market capitalization of $20.58 billion, a price-to-earnings ratio of -214.22 and a beta of -0.03. General Mills, Inc. has a 1 year low of $31.75 and a 1 year high of $51.68. The company has a current ratio of 0.68, a quick ratio of 0.40 and a debt-to-equity ratio of 1.68.

General Mills (NYSE:GIS) last announced its quarterly earnings results on Wednesday, July 1st. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.15. The company 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 firm posted $0.53 EPS. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. As a group, research analysts expect that General Mills, Inc. will post 3.07 earnings per share for the current fiscal year.

General Mills Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.44 annualized dividend and a dividend yield of 6.3%. General Mills’s dividend payout ratio (DPR) is -1,355.56%.

Insiders Place Their Bets

In other General Mills news, insider Jacqueline Williams-Roll sold 10,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $34.27, for a total value of $342,700.00. Following the completion of the transaction, the insider owned 86,002 shares of the company’s stock, valued at $2,947,288.54. This represents a 10.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ricardo Fernandez sold 7,995 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $34.50, for a total value of $275,827.50. Following the completion of the transaction, the insider owned 62,283 shares of the company’s stock, valued at $2,148,763.50. This represents a 11.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on GIS. Wells Fargo & Company lifted their target price on General Mills from $30.00 to $33.00 and gave the stock an “underweight” rating in a research note on Thursday, July 2nd. Stifel Nicolaus dropped 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. Jefferies Financial Group raised their price target on General Mills from $33.00 to $36.00 and gave the company a “hold” rating in a report on Wednesday, July 1st. Mizuho reduced their price objective on shares of General Mills from $47.00 to $39.00 and set a “neutral” rating for the company in a research report on Thursday, March 19th. Finally, Sanford C. Bernstein downgraded shares of General Mills from a “market perform” rating to an “underperform” rating and set a $31.00 price objective on the stock. in a report on Wednesday, June 3rd. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $39.16.

General Mills 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.