General Mills (NYSE:GIS) Given New $32.00 Price Target at Deutsche Bank Aktiengesellschaft

General Mills (NYSE:GIS) had its target price decreased by Deutsche Bank Aktiengesellschaft from $38.00 to $32.00 in a report released on Monday morning,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Several other analysts also recently commented on the stock. Weiss Ratings downgraded shares of General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, January 13th. Evercore set a $45.00 price target on General Mills in a research note on Wednesday, February 18th. Mizuho decreased their price target on General Mills from $47.00 to $39.00 and set a “neutral” rating on the stock in a report on Thursday, March 19th. Jefferies Financial Group lowered their price objective on General Mills from $50.00 to $47.00 and set a “hold” rating on the stock in a research report on Thursday, December 11th. Finally, Morgan Stanley dropped their price objective on General Mills from $47.00 to $44.00 and set an “underweight” rating for the company in a research note on Wednesday, February 18th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $43.56.

General Mills Trading Up 1.7%

General Mills stock opened at $37.08 on Monday. The firm has a 50 day moving average of $43.41 and a 200 day moving average of $46.03. The firm has a market capitalization of $19.79 billion, a price-to-earnings ratio of 9.06 and a beta of -0.05. General Mills has a 12-month low of $35.63 and a 12-month high of $62.61. The company has a current ratio of 0.56, a quick ratio of 0.36 and a debt-to-equity ratio of 1.17.

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

General Mills Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be given a $0.61 dividend. The ex-dividend date is Friday, April 10th. This represents a $2.44 annualized dividend and a yield of 6.6%. General Mills’s dividend payout ratio (DPR) is currently 59.66%.

Institutional Investors Weigh In On General Mills

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GIS. Vermillion & White Wealth Management Group LLC bought a new position in shares of General Mills during the 3rd quarter valued at approximately $25,000. Reflection Asset Management bought a new stake in General Mills in the fourth quarter worth $25,000. Nalls Sherbakoff Group LLC bought a new stake in General Mills in the fourth quarter worth $26,000. Bruce G. Allen Investments LLC boosted its stake in General Mills by 139.8% during the fourth quarter. Bruce G. Allen Investments LLC now owns 578 shares of the company’s stock worth $27,000 after buying an additional 337 shares during the period. Finally, Close Asset Management Ltd purchased a new position in General Mills during the third quarter worth $28,000. 75.71% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting General Mills

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

• Positive Sentiment: Several income‑focused pieces argue GIS is attractively valued at a ~6.6–6.7% yield and note its 127‑year dividend track record, which can attract dividend hunters and income funds. At a 15-Year Low and Yielding 6.7%, General Mills Is a Bargain for Income Investors
• Positive Sentiment: Zacks Research reportedly lifted Q4 EPS estimates in one note (a potential near‑term positive catalyst if analysts are becoming less pessimistic about near‑term results). Q4 EPS Estimates for General Mills Lifted by Zacks Research
• Positive Sentiment: Product and brand moves: General Mills’ clean‑label cereal push (new licensed flavors made with natural colors and a plan to remove certified colors) is being framed as a brand refresh that could help core cereal volumes and consumer perception over time. Is General Mills’ (GIS) Clean‑Label Cereal Push Quietly Redefining Its Brand Investment Narrative?
• Positive Sentiment: Management moves: the appointment of Ness as Chief Supply Chain Officer signals management focus on operational execution and cost/margin recovery. General Mills Names Ness Chief Supply Chain Officer
• Neutral Sentiment: Industry context — a Conagra note flags likely organic sales pressure in packaged foods, underscoring sector‑wide demand softness that also affects General Mills. This is a cross‑company headwind rather than GIS‑specific news. Conagra Quarterly Organic Sales Likely to Face Some Pressure; Focus to be on Fiscal 2027 Outlook, RBC Says
• Neutral Sentiment: Mixed analyst signals — another AmericanBankingNews item reports Zacks lowered earnings estimates in a different note, creating ambiguity about consensus trends (some upgrades, some cuts). The mixed messages contribute to short‑term volatility. Zacks Research Reduces Earnings Estimates for General Mills
• Neutral Sentiment: Value vs. value‑trap debate: several writeups examine whether the ~36% one‑year share decline makes GIS a buying opportunity or signals deeper issues; these balanced takes can both attract bargain hunters and caution long‑term investors. Is General Mills (GIS) Now Offering Opportunity After A 36% Share Price Slide?
• Negative Sentiment: Deutsche Bank cut its price target from $38 to $32 and assigned a “hold” rating, signaling downside (the new PT implies roughly double‑digit downside versus recent levels) and likely pressuring sentiment among analyst‑sensitive investors. Deutsche Bank Lowers GIS Price Target to $32

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.