General Mills (NYSE:GIS) Price Target Lowered to $44.00 at Stifel Nicolaus

General Mills (NYSE:GIS) had its price objective decreased by Stifel Nicolaus from $50.00 to $44.00 in a research report sent to investors on Thursday morning,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

Several other brokerages have also commented on GIS. Bank of America lowered General Mills from a “buy” rating to a “neutral” rating and set a $48.00 price target on the stock. in a research note on Monday, February 23rd. Mizuho set a $47.00 target price on shares of General Mills in a report on Monday, February 23rd. UBS Group reissued a “sell” rating and set a $40.00 target price on shares of General Mills in a research report on Wednesday, March 11th. Weiss Ratings lowered shares of General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, January 13th. Finally, Piper Sandler lowered their price target on shares of General Mills from $60.00 to $53.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $44.61.

General Mills Stock Down 0.3%

Shares of NYSE:GIS opened at $37.48 on Thursday. The business’s 50 day moving average is $44.53 and its 200 day moving average is $46.73. The stock has a market cap of $20.00 billion, a P/E ratio of 9.16 and a beta of -0.05. General Mills has a 52-week low of $37.13 and a 52-week high of $62.61. The company has a quick ratio of 0.39, a current ratio of 0.56 and a debt-to-equity ratio of 1.17.

General Mills (NYSE:GIS) last issued its earnings results on Wednesday, March 18th. The company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.09). General Mills had a net margin of 12.05% and a return on equity of 19.19%. The firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same period last year, the firm earned $1.12 earnings per share. The company’s revenue for the quarter was down 8.4% on a year-over-year basis. Sell-side analysts predict that General Mills will post 4.36 EPS for the current year.

General Mills Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 6.5%. The ex-dividend date is Friday, April 10th. General Mills’s payout ratio is presently 59.66%.

Institutional Investors Weigh In On General Mills

Hedge funds and other institutional investors have recently made changes to their positions in the company. World Investment Advisors boosted its holdings in General Mills by 91.6% during the fourth quarter. World Investment Advisors now owns 17,267 shares of the company’s stock worth $803,000 after buying an additional 8,257 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new position in General Mills in the fourth quarter valued at $26,000. Corient Private Wealth LLC raised its position in shares of General Mills by 3.0% in the fourth quarter. Corient Private Wealth LLC now owns 190,783 shares of the company’s stock worth $8,882,000 after acquiring an additional 5,593 shares during the period. Union Savings Bank purchased a new stake in shares of General Mills during the 4th quarter worth about $99,000. Finally, Hsbc Holdings PLC grew its position in shares of General Mills by 9.4% during the 4th quarter. Hsbc Holdings PLC now owns 1,269,781 shares of the company’s stock valued at $59,040,000 after acquiring an additional 109,063 shares during the period. 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: Analysts still see upside from some pockets of the Street — Royal Bank of Canada maintains an outperform stance with a $55 target (largest upside among recent notes), and Piper Sandler and Stifel kept overweight/buy views with $45 and $44 targets respectively, indicating pockets of conviction in a recovery. Analyst Price Target Changes
• Positive Sentiment: Product progress: management said new product moves toward higher‑protein and higher‑fiber offerings (e.g., Cheerios Protein) are gaining traction and could help top‑line recovery if the trends continue. General Mills Bets on Protein and Fiber
• Neutral Sentiment: Company stance: General Mills reaffirmed its full‑year guidance after the quarter, signaling management expects the turnaround plan to work over time, though near‑term headwinds persist. Reuters: Reaffirms Forecast
• Neutral Sentiment: Strategic moves: analysts note portfolio reshaping (including a Brazil unit sale) aimed at margin improvement — constructive for long‑term focus but not an immediate fix for weak volumes. Zacks: Portfolio Reshaping
• Negative Sentiment: Earnings miss and soft sales: Q3 EPS came in at $0.64, below consensus, and revenue fell ~8% year‑over‑year — the core reason investors sold into the print. Zacks: Q3 Earnings Miss
• Negative Sentiment: Analyst downgrades and PT cuts accelerated selling pressure — notable reductions include JPMorgan to an underweight/$36 target and UBS to a sell/$35 target; several other firms trimmed targets and ratings after the quarter, amplifying downside momentum. Benzinga: Analyst Cuts Summary
• Negative Sentiment: Market tone and commentary: media and TV commentators highlighted that management’s quarter and messaging “wasn’t convincing,” adding to negative sentiment around the turnaround timeline. Jim Cramer Commentary

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.