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

Shares of General Mills, Inc. (NYSE:GIS) have been assigned an average recommendation of “Reduce” from the twenty-two brokerages that are presently covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $39.1579.

A number of analysts have commented on GIS shares. UBS Group set a $33.00 price objective on shares of General Mills in a report on Monday, July 6th. TD Cowen lowered their target price on General Mills from $32.00 to $31.00 and set a “hold” rating on the stock in a report on Thursday, July 2nd. JPMorgan Chase & Co. upped their price target on General Mills from $31.00 to $35.00 and gave the company an “underweight” rating in a research report on Thursday, July 2nd. Jefferies Financial Group increased 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. Finally, BNP Paribas Exane lifted their price objective on General Mills from $37.00 to $38.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd.

More General Mills News

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 Price Performance

General Mills stock opened at $38.56 on Friday. The company has a fifty day simple moving average of $34.58 and a 200-day simple moving average of $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. The company has a quick ratio of 0.40, a current ratio of 0.68 and a debt-to-equity ratio of 1.68. General Mills has a 52-week low of $31.75 and a 52-week high of $51.68.

General Mills (NYSE:GIS) last posted its quarterly earnings results on Wednesday, July 1st. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.15. The firm had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.59 billion. General Mills had a negative net margin of 0.48% and a positive return on equity of 21.37%. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the firm posted $0.53 earnings per share. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. On average, equities analysts anticipate that General Mills will post 3.07 EPS for the current fiscal year.

General Mills Announces Dividend

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

Insider Activity

In other news, insider Ricardo Fernandez sold 7,995 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $34.50, for a total transaction of $275,827.50. Following the transaction, the insider owned 62,283 shares of the company’s stock, valued at approximately $2,148,763.50. The trade was a 11.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jacqueline Williams-Roll sold 10,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $34.27, for a total transaction of $342,700.00. Following the completion of the sale, the insider directly owned 86,002 shares of the company’s stock, valued at $2,947,288.54. This represents a 10.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.30% of the company’s stock.

Institutional Trading of General Mills

Several hedge funds have recently made changes to their positions in GIS. Reflection Asset Management acquired a new stake in shares of General Mills during the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of General Mills during the 4th quarter valued at approximately $26,000. Brown Shipley& Co Ltd acquired a new position in General Mills in the first quarter valued at approximately $26,000. Bruce G. Allen Investments LLC lifted its holdings 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 acquiring an additional 337 shares during the last quarter. Finally, Main Street Group LTD purchased a new position in General Mills in the first quarter worth approximately $27,000. Hedge funds and other institutional investors own 75.71% of the company’s stock.

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.