General Mills (NYSE:GIS) Price Target Lowered to $53.00 at Piper Sandler

General Mills (NYSE:GIS) had its price target decreased by Piper Sandler from $60.00 to $53.00 in a research report report published on Wednesday, MarketBeat Ratings reports. Piper Sandler currently has an overweight rating on the stock.

Several other analysts also recently weighed in on GIS. Evercore reaffirmed a “positive” rating on shares of General Mills in a research note on Thursday, December 18th. Stifel Nicolaus lowered their price target on General Mills from $56.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. Sanford C. Bernstein set a $54.00 price objective on shares of General Mills and gave the stock a “market perform” rating in a report on Thursday, December 18th. Weiss Ratings lowered shares of General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, January 13th. Finally, Jefferies Financial Group lowered their target price on shares of General Mills from $50.00 to $47.00 and set a “hold” rating on the stock in a research note on Thursday, December 11th. Five equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $51.37.

General Mills Stock Up 0.9%

GIS stock opened at $45.38 on Wednesday. The stock has a market cap of $24.22 billion, a PE ratio of 9.76 and a beta of -0.06. The firm’s 50-day simple moving average is $46.15 and its 200 day simple moving average is $47.73. General Mills has a fifty-two week low of $42.78 and a fifty-two week high of $67.35. The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 1.30.

General Mills (NYSE:GIS) last posted its earnings results on Wednesday, December 17th. The company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.03 by $0.07. General Mills had a net margin of 13.51% and a return on equity of 21.41%. The firm had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the prior year, the firm earned $1.40 EPS. General Mills’s quarterly 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. As a group, sell-side analysts predict that General Mills will post 4.36 EPS for the current year.

General Mills Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Friday, April 10th. General Mills’s dividend payout ratio is presently 52.47%.

Insider Buying and Selling at General Mills

In related news, insider Paul Joseph Gallagher sold 1,500 shares of the business’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 value of $72,225.00. Following the sale, the insider directly owned 48,568 shares in the company, valued at $2,338,549.20. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Vermillion & White Wealth Management Group LLC acquired a new position in shares of General Mills in the 3rd quarter worth $25,000. Bruce G. Allen Investments LLC boosted its position 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. Close Asset Management Ltd purchased a new position in General Mills in the 3rd quarter worth about $28,000. Davis Capital Management acquired a new stake in General Mills during the 3rd quarter worth about $29,000. Finally, Zions Bancorporation National Association UT lifted its stake in General Mills by 248.1% during the fourth quarter. Zions Bancorporation National Association UT now owns 630 shares of the company’s stock valued at $29,000 after buying an additional 449 shares in the last quarter. Institutional investors and hedge funds own 75.71% of the company’s stock.

Trending Headlines about General Mills

Here are the key news stories impacting General Mills this week:

• Positive Sentiment: Piper Sandler remains constructive (keeps an “overweight” rating) despite trimming its price target, which provides some support that parts of the selloff may be overdone. Piper Sandler PT cut, overweight
• Positive Sentiment: MarketBeat / sector pieces are highlighting food stocks (including GIS) as defensive, reminding investors of steady cash flow characteristics that can attract buyers after a drop. Food Stocks to Buy Right Now (GIS)
• Neutral Sentiment: Management presented at the CAGNY conference outlining the “Accelerate” strategy and cost actions; this is important context but not an immediate catalyst by itself. CAGNY presentation
• Negative Sentiment: General Mills cut its fiscal‑2026 sales and profit guidance, now forecasting organic net sales down ~1.5%–2% (wider downside than prior range) and lower EPS guidance — the primary trigger for the earlier >7% drop. Reuters: General Mills cuts forecast
• Negative Sentiment: Analysts and outlets flagged higher restructuring costs (~$165M) and weaker shopper demand as drivers of steeper profit declines; that pushed downgrades and target‑price cuts. Benzinga: restructuring costs
• Negative Sentiment: Unusually heavy put buying (large options activity) signals increased hedging/speculative bearish positioning, which can amplify intraday moves. (Reported increased put volume on Feb 17.)
• Negative Sentiment: Critical analyst commentary and research pieces argue valuation and flat sales outcomes make GIS less attractive at current levels, adding to selling pressure from fundamental concerns. Seeking Alpha: low valuations no longer a buy Seeking Alpha: flat-sales bias
• Negative Sentiment: Some brokers trimmed price targets or moved to neutral/equal weight (e.g., Wells Fargo lowered its PT to $45 and set equal‑weight), which moderates near‑term upside. Benzinga: Wells Fargo PT cut

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.