Shares of General Mills, Inc. (NYSE:GIS – Get Free Report) have earned a consensus rating of “Reduce” from the twenty ratings firms that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $48.9444.
A number of research firms recently issued reports on GIS. Stifel Nicolaus dropped their price target on General Mills from $52.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Barclays reduced their price objective on General Mills from $46.00 to $43.00 and set an “equal weight” rating for the company in a research note on Monday. TD Cowen lowered their target price on shares of General Mills from $47.00 to $45.00 and set a “hold” rating on the stock in a research report on Wednesday, February 18th. Piper Sandler cut their target price on shares of General Mills from $60.00 to $53.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Finally, Sanford C. Bernstein reduced their price target on shares of General Mills from $53.00 to $48.00 and set a “market perform” rating for the company in a research report on Wednesday, February 18th.
Get Our Latest Research Report on General Mills
Insider Activity
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. North Star Investment Management Corp. boosted its holdings in General Mills by 255.8% in the 3rd quarter. North Star Investment Management Corp. now owns 59,791 shares of the company’s stock valued at $3,015,000 after purchasing an additional 42,986 shares in the last quarter. Norges Bank purchased a new position in shares of General Mills during the 2nd quarter worth approximately $417,508,000. AE Wealth Management LLC lifted its holdings in shares of General Mills by 7.7% in the 3rd quarter. AE Wealth Management LLC now owns 346,005 shares of the company’s stock valued at $17,445,000 after buying an additional 24,688 shares during the period. Korea Investment CORP lifted its holdings in shares of General Mills by 161.9% in the 3rd quarter. Korea Investment CORP now owns 333,199 shares of the company’s stock valued at $16,800,000 after buying an additional 205,981 shares during the period. Finally, Diamond Hill Capital Management Inc. boosted its stake in shares of General Mills by 22.2% in the third quarter. Diamond Hill Capital Management Inc. now owns 7,628,421 shares of the company’s stock valued at $384,625,000 after buying an additional 1,383,913 shares in the last quarter. 75.71% of the stock is currently owned by hedge funds and other institutional investors.
Key General Mills News
Here are the key news stories impacting General Mills this week:
- Positive Sentiment: Sale of Brazil business seen as portfolio-sharpening move that some investors view favorably; the divestiture supports management’s push for a leaner, higher-margin portfolio. General Mills sells Brazil unit to 3corações
- Neutral Sentiment: Management reaffirmed its full-year fiscal 2026 guidance (after a prior cut), which reduces immediate uncertainty but doesn’t change the near-term earnings miss story. General Mills reaffirms full-year sales, profit forecasts
- Neutral Sentiment: High dividend yield (~6.3%) remains attractive to income buyers, but analysts and outlets warn about payout sustainability given weaker volumes and earnings pressure. General Mills: A Beaten-Down Consumer Staple With a 6.3% Dividend and Turnaround Potential
- Negative Sentiment: Earnings and revenue miss: Q3 EPS $0.64 vs. consensus ~ $0.73 and revenue $4.44B vs. ~$4.53B — net sales fell ~8% y/y, driven by lower volumes and divestitures. That is the primary driver of the share price decline. General Mills Q3 Earnings Miss Estimates, Sales Decline 8% Y/Y
- Negative Sentiment: Margin pressure and investments: management said turnaround investments, new-product spend and portfolio changes weighed on profitability; input-cost headwinds remain a concern. General Mills Struggles Persist as Turnaround Efforts Weigh on Results
- Negative Sentiment: Analyst downgrades and estimate cuts: Barclays and others lowered price targets and a number of research shops trimmed EPS forecasts, increasing sell-side pressure on the stock. Barclays Lowers General Mills (NYSE:GIS) Price Target to $43.00
- Negative Sentiment: Macroeconomic risk: hotter-than-expected PPI readings suggest input-cost inflation could remain elevated, complicating margin recovery for consumer-packaged-goods companies like General Mills. PPI Comes in Hot: +0.7%, +3.9% Core YoY
General Mills Price Performance
Shares of NYSE:GIS opened at $37.69 on Friday. General Mills has a 12 month low of $37.46 and a 12 month high of $62.61. The firm has a market capitalization of $20.11 billion, a P/E ratio of 8.11 and a beta of -0.05. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.66 and a quick ratio of 0.39. The company’s fifty day moving average price is $44.66 and its 200 day moving average price is $46.80.
General Mills (NYSE:GIS – Get Free Report) last released its quarterly earnings data on Wednesday, March 18th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.09). General Mills had a net margin of 13.51% and a return on equity of 21.41%. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the prior year, the company earned $1.12 EPS. The business’s revenue was down 8.4% on a year-over-year basis. As a group, sell-side analysts predict that General Mills will post 4.36 earnings per share for the current fiscal year.
General Mills Announces Dividend
The firm also recently announced 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. This represents a $2.44 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, April 10th. General Mills’s dividend payout ratio 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.
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