Weekly Analysts’ Ratings Updates for General Mills (GIS)

Several analysts have recently updated their ratings and price targets for General Mills (NYSE: GIS):

• 7/6/2026 – General Mills was given a new $33.00 price target by UBS Group AG.
• 7/2/2026 – General Mills was upgraded by Weiss Ratings from “sell (d)” to “sell (d+)”.
• 7/2/2026 – General Mills had its price target lowered by TD Cowen from $32.00 to $31.00. They now have a “hold” rating on the stock.
• 7/2/2026 – General Mills had its price target raised by Wells Fargo & Company from $30.00 to $33.00. They now have an “underweight” rating on the stock.
• 7/2/2026 – General Mills had its price target raised by BNP Paribas Exane from $37.00 to $38.00. They now have a “neutral” rating on the stock.
• 7/2/2026 – General Mills had its price target raised by JPMorgan Chase & Co. from $31.00 to $35.00. They now have an “underweight” rating on the stock.
• 7/2/2026 – General Mills had its price target raised by Deutsche Bank Aktiengesellschaft from $32.00 to $33.00. They now have a “hold” rating on the stock.
• 7/2/2026 – General Mills had its price target raised by Bank of America Corporation from $36.00 to $39.00. They now have a “neutral” rating on the stock.
• 7/1/2026 – General Mills had its price target raised by Jefferies Financial Group Inc. from $33.00 to $36.00. They now have a “hold” rating on the stock.
• 6/26/2026 – General Mills had its price target lowered by TD Cowen from $32.00 to $31.00. They now have a “hold” rating on the stock.
• 6/16/2026 – General Mills had its “sell (d)” rating reaffirmed by Weiss Ratings.
• 6/5/2026 – General Mills had its price target lowered by Morgan Stanley from $37.00 to $32.00. They now have an “underweight” rating on the stock.
• 6/3/2026 – General Mills was downgraded by Sanford C. Bernstein from “market perform” to “underperform”. They now have a $31.00 price target on the stock.
• 6/3/2026 – General Mills had its price target lowered by JPMorgan Chase & Co. from $36.00 to $31.00. They now have an “underweight” rating on the stock.
• 6/2/2026 – General Mills had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $36.00 price target on the stock.
• 6/2/2026 – General Mills had its price target lowered by UBS Group AG from $35.00 to $30.00. They now have a “sell” rating on the stock.
• 5/28/2026 – General Mills had its price target lowered by Bank of America Corporation from $42.00 to $36.00. They now have a “neutral” rating on the stock.
• 5/18/2026 – General Mills had its price target lowered by Wells Fargo & Company from $33.00 to $30.00. They now have an “underweight” rating on the stock.
• 5/13/2026 – General Mills had its price target lowered by Piper Sandler from $45.00 to $41.00. They now have an “overweight” rating on the stock.
• 5/11/2026 – General Mills had its price target lowered by Barclays PLC from $41.00 to $36.00. They now have an “equal weight” rating on the stock.

General Mills Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.44 dividend on an annualized basis and a yield of 6.7%. General Mills’s payout ratio is currently -1,355.56%.

Insider Activity

In related news, insider Ricardo Fernandez sold 7,995 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $34.50, for a total transaction of $275,827.50. Following the sale, the insider owned 62,283 shares in the company, valued at approximately $2,148,763.50. This trade represents a 11.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jacqueline Williams-Roll sold 10,000 shares of General Mills 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 owned 86,002 shares in the company, valued at approximately $2,947,288.54. This trade represents a 10.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.30% of the company’s stock.

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.