Capital Management Associates Inc Has $23.71 Million Stake in General Mills, Inc. $GIS

Capital Management Associates Inc increased its holdings in shares of General Mills, Inc. (NYSE:GIS) by 4.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 470,248 shares of the company’s stock after buying an additional 19,094 shares during the period. General Mills comprises approximately 6.4% of Capital Management Associates Inc’s portfolio, making the stock its 4th largest position. Capital Management Associates Inc owned 0.09% of General Mills worth $23,710,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in GIS. Garde Capital Inc. raised its stake in shares of General Mills by 101.5% during the second quarter. Garde Capital Inc. now owns 524 shares of the company’s stock valued at $27,000 after acquiring an additional 264 shares during the last quarter. Davis Capital Management acquired a new stake in General Mills in the third quarter valued at $29,000. Armstrong Advisory Group Inc. acquired a new stake in General Mills in the second quarter valued at $32,000. Salomon & Ludwin LLC raised its position in General Mills by 1,094.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 645 shares of the company’s stock worth $32,000 after purchasing an additional 591 shares during the last quarter. Finally, Financial Consulate Inc. acquired a new position in General Mills during the 3rd quarter worth about $32,000. 75.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $51.00 price target on shares of General Mills in a research note on Thursday, December 18th. Cowen reissued a “hold” rating on shares of General Mills in a research report on Monday, December 15th. Evercore ISI restated a “positive” rating on shares of General Mills in a research report on Thursday, December 18th. Morgan Stanley set a $47.00 price objective on shares of General Mills and gave the company an “underweight” rating in a research note on Wednesday, December 17th. Finally, TD Cowen decreased their price objective on shares of General Mills from $48.00 to $45.00 and set a “hold” rating for the company in a research report on Monday, December 15th. Five analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, General Mills presently has an average rating of “Hold” and an average price target of $53.33.

General Mills Trading Down 3.0%

GIS opened at $44.37 on Tuesday. The company has a fifty day moving average price of $46.83 and a two-hundred day moving average price of $48.93. General Mills, Inc. has a 1-year low of $44.35 and a 1-year high of $67.35. The company has a market cap of $23.67 billion, a P/E ratio of 9.54, a price-to-earnings-growth ratio of 0.85 and a beta of -0.06. The company has a current ratio of 0.66, a quick ratio of 0.39 and a debt-to-equity ratio of 1.30.

General Mills (NYSE:GIS) last issued its earnings results on Wednesday, December 17th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.03 by $0.07. General Mills had a return on equity of 21.41% and a net margin of 13.51%.The company had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.78 billion. During the same period last year, the business posted $1.40 EPS. The firm’s revenue for the quarter was down 7.2% compared to the same quarter last year. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Analysts predict that General Mills, Inc. will post 4.36 EPS for the current fiscal year.

General Mills Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Friday, January 9th will be issued a dividend of $0.61 per share. The ex-dividend date is Friday, January 9th. This represents a $2.44 annualized dividend and a dividend yield of 5.5%. General Mills’s payout ratio is currently 52.47%.

Insider Activity at General Mills

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

General Mills Company 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.