General Mills (NYSE:GIS) Price Target Cut to $37.00 by Analysts at TD Cowen

General Mills (NYSE:GIS) had its price target cut by investment analysts at TD Cowen from $45.00 to $37.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “hold” rating on the stock. TD Cowen’s price target indicates a potential downside of 1.20% from the company’s previous close.

Several other research analysts have also commented on GIS. Morgan Stanley cut their price objective on General Mills from $47.00 to $44.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 18th. UBS Group reiterated a “sell” rating and issued a $40.00 target price on shares of General Mills in a research note on Wednesday, March 11th. Stifel Nicolaus reduced their price target on General Mills from $50.00 to $44.00 and set a “buy” rating on the stock in a research report on Thursday. Evercore set a $45.00 price target on General Mills in a report on Wednesday, February 18th. Finally, 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. Four analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $47.72.

General Mills Trading Down 0.4%

GIS traded down $0.14 during trading on Thursday, hitting $37.45. 3,073,989 shares of the company’s stock were exchanged, compared to its average volume of 8,472,217. General Mills has a 1 year low of $37.17 and a 1 year high of $62.61. The stock has a 50 day moving average price of $44.66 and a 200 day moving average price of $46.80. The firm has a market cap of $19.98 billion, a P/E ratio of 8.05 and a beta of -0.05. 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 (NYSE:GIS) last issued its earnings results on Wednesday, March 18th. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.09). General Mills had a net margin of 13.51% and a return on equity of 21.41%. The business had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.53 billion. During the same period in the prior year, the business posted $1.12 EPS. The business’s revenue was down 8.4% on a year-over-year basis. As a group, analysts expect that General Mills will post 4.36 EPS for the current fiscal year.

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 dated Friday, December 19th. The stock was sold at an average price of $48.15, for a total value of $72,225.00. Following the completion of the sale, the insider directly owned 48,568 shares of the company’s stock, valued at $2,338,549.20. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GIS. Avantax Advisory Services Inc. raised its position in shares of General Mills by 7.7% during the 2nd quarter. Avantax Advisory Services Inc. now owns 61,444 shares of the company’s stock valued at $3,183,000 after acquiring an additional 4,390 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in General Mills by 3.5% in the second quarter. Kingsview Wealth Management LLC now owns 11,519 shares of the company’s stock worth $597,000 after purchasing an additional 385 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in General Mills by 3.5% during the second quarter. Nomura Asset Management Co. Ltd. now owns 216,599 shares of the company’s stock valued at $11,222,000 after purchasing an additional 7,241 shares during the last quarter. Vanguard Group Inc. increased its stake in General Mills by 0.8% during the second quarter. Vanguard Group Inc. now owns 69,346,225 shares of the company’s stock valued at $3,592,828,000 after purchasing an additional 581,045 shares during the last quarter. Finally, Traub Capital Management LLC acquired a new stake in shares of General Mills during the second quarter worth $46,000. 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: General Mills is selling its Brazil business to 3corações as part of a portfolio-sharpening push; investors view the divestiture as a step toward focusing on higher-margin/priority businesses. General Mills sells Brazil unit
• Positive Sentiment: Management framed the earnings call as setting the stage for a turnaround — saying investments and pricing actions should drive an inflection in volumes and market share over time. Earnings call sets stage for recovery
• Neutral Sentiment: Stifel Nicolaus cut its price target from $50 to $44 but left a “buy” rating—still signaling upside vs. the current level despite the reduction. Stifel PT cut
• Neutral Sentiment: General Mills reaffirmed its full‑year guidance that was previously trimmed, offering some near‑term guidance stability even after the Q3 miss. Reaffirms full-year guidance
• Neutral Sentiment: The share price now yields ~6.3%, which attracts income buyers but raises questions about dividend sustainability amid weaker results. Dividend yield commentary
• Negative Sentiment: Q3 miss: EPS $0.64 vs. ~ $0.73 consensus and revenue $4.44B vs. $4.53B; revenue fell ~8% YoY and organic sales were weak — primary driver of the sell‑off. Q3 earnings miss
• Negative Sentiment: Analysts trimmed forecasts and price targets (Barclays to $43; others cut), and some firms flagged a new 1‑year low — adding downward pressure on the stock. Barclays PT cut
• Negative Sentiment: Margins were squeezed by investments in new products and divestiture effects; management expects improvement but near‑term profitability remains pressured. Margins and turnaround costs
• Negative Sentiment: Macro pressure: hotter-than-expected PPI increases input-cost risk for food companies, a headwind for margins if price recovery lags. PPI data

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.