General Mills, Inc. (NYSE:GIS) Given Consensus Rating of “Hold” by Brokerages

General Mills, Inc. (NYSE:GIS) has been assigned an average recommendation of “Hold” from the twenty-one research firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $53.2778.

A number of equities research analysts recently issued reports on the company. Stifel Nicolaus dropped their target price on General Mills from $56.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, December 11th. Weiss Ratings cut shares of General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, January 13th. TD Cowen reissued a “hold” rating on shares of General Mills in a research report on Monday, December 15th. Sanford C. Bernstein set a $54.00 target price on shares of General Mills and gave the stock a “market perform” rating in a report on Thursday, December 18th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $60.00 target price on shares of General Mills in a research report on Thursday, December 18th.

Insider Activity

In related news, insider Paul Joseph Gallagher sold 1,500 shares of the 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 completion of the transaction, the insider directly owned 48,568 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On General Mills

A number of institutional investors and hedge funds have recently made changes to their positions in GIS. Vermillion & White Wealth Management Group LLC bought a new stake in General Mills during the third quarter worth $25,000. Close Asset Management Ltd bought a new position in shares of General Mills in the 3rd quarter valued at about $28,000. Davis Capital Management acquired a new position in shares of General Mills during the 3rd quarter worth about $29,000. Bruce G. Allen Investments LLC raised its holdings in shares of General Mills by 139.8% in the 4th quarter. Bruce G. Allen Investments LLC now owns 578 shares of the company’s stock valued at $27,000 after purchasing an additional 337 shares during the period. Finally, Financial Consulate Inc. acquired a new stake in General Mills in the 3rd quarter valued at about $32,000. Institutional investors own 75.71% of the company’s stock.

General Mills Trading Down 0.5%

GIS opened at $48.32 on Tuesday. The stock has a market capitalization of $25.78 billion, a P/E ratio of 10.39 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 has a 12 month low of $42.78 and a 12 month high of $67.35. The firm’s fifty day simple moving average is $46.17 and its 200 day simple moving average is $47.77.

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

General Mills Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be issued a $0.61 dividend. The ex-dividend date is Friday, April 10th. This represents a $2.44 annualized dividend and a dividend yield of 5.0%. General Mills’s dividend payout ratio (DPR) is presently 52.47%.

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.