Mather Group LLC. Sells 12,869 Shares of General Mills, Inc. $GIS

Mather Group LLC. decreased its position in shares of General Mills, Inc. (NYSE:GIS) by 66.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,418 shares of the company’s stock after selling 12,869 shares during the period. Mather Group LLC.’s holdings in General Mills were worth $324,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Garde Capital Inc. boosted its position in shares of General Mills by 101.5% in the 2nd quarter. Garde Capital Inc. now owns 524 shares of the company’s stock worth $27,000 after purchasing an additional 264 shares in the last quarter. Pingora Partners LLC raised its stake in General Mills by 416.7% in the first quarter. Pingora Partners LLC now owns 620 shares of the company’s stock valued at $37,000 after buying an additional 500 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new stake in General Mills in the second quarter valued at about $32,000. Traub Capital Management LLC acquired a new stake in General Mills in the second quarter worth about $46,000. Finally, Interchange Capital Partners LLC purchased a new stake in shares of General Mills during the second quarter worth about $48,000. 75.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Paul Joseph Gallagher sold 1,500 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $48.15, for a total transaction of $72,225.00. Following the sale, the insider owned 48,568 shares of the company’s stock, valued at $2,338,549.20. This trade represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.30% of the company’s stock.

General Mills Trading Down 1.7%

NYSE GIS opened at $45.70 on Friday. The company has a fifty day moving average of $46.91 and a 200 day moving average of $49.02. The company has a market capitalization of $24.38 billion, a PE ratio of 9.83, a P/E/G ratio of 0.85 and a beta of -0.06. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.66 and a quick ratio of 0.39. General Mills, Inc. has a 1 year low of $45.15 and a 1 year high of $67.35.

General Mills (NYSE:GIS) last released its quarterly earnings data on Wednesday, December 17th. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.07. General Mills had a return on equity of 21.41% and a net margin of 13.51%.The business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same quarter last year, the business posted $1.40 EPS. The company’s revenue was down 7.2% on a year-over-year basis. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Research analysts forecast that General Mills, Inc. will post 4.36 earnings per share for the current year.

General Mills Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Friday, January 9th will be given a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 5.3%. The ex-dividend date is Friday, January 9th. General Mills’s dividend payout ratio is currently 52.47%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on GIS shares. Cowen reaffirmed a “hold” rating on shares of General Mills in a research report on Monday, December 15th. Jefferies Financial Group lowered their price objective on shares of General Mills from $50.00 to $47.00 and set a “hold” rating for the company in a research note on Thursday, December 11th. Wells Fargo & Company upped their target price on General Mills from $50.00 to $51.00 and gave the company an “equal weight” rating in a research report on Thursday, December 18th. Stifel Nicolaus reduced their target price on General Mills from $56.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Finally, Royal Bank Of Canada set a $63.00 price target on General Mills and gave the company an “outperform” rating in a research note on Wednesday, December 17th. Five analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, General Mills presently has an average rating of “Hold” and a consensus price target of $53.44.

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.