Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of General Mills, Inc. (NYSE:GIS). In a filing disclosed on November 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in General Mills stock on October 20th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
- Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
- Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
- Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
- Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
- Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.
General Mills Price Performance
NYSE:GIS traded down $0.65 during trading hours on Thursday, reaching $33.56. 8,039,239 shares of the company’s stock were exchanged, compared to its average volume of 9,500,549. The company has a quick ratio of 0.39, a current ratio of 0.70 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $17.94 billion and a P/E ratio of -20.21. General Mills, Inc. has a 12 month low of $31.17 and a 12 month high of $49.59. The business’s 50-day simple moving average is $34.36 and its two-hundred day simple moving average is $37.17.
General Mills (NYSE:GIS – Get Free Report) last posted its quarterly earnings results on Wednesday, September 23rd. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.03. The company had revenue of $4.39 billion for the quarter, compared to analysts’ expectations of $4.35 billion. General Mills had a positive return on equity of 21.86% and a negative net margin of 4.89%. The firm’s revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.86 earnings per share. Sell-side analysts expect that General Mills, Inc. will post 3.08 EPS for the current fiscal year.
General Mills Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, November 2nd. Investors of record on Tuesday, October 13th were issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date was Tuesday, October 13th. General Mills’s dividend payout ratio (DPR) is presently -146.99%.
Analysts Set New Price Targets
GIS has been the topic of several research analyst reports. Weiss Ratings upgraded shares of General Mills from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, October 29th. Piper Sandler lowered General Mills from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $41.00 to $35.00 in a research report on Thursday. Evercore set a $38.00 price target on General Mills in a research report on Monday, September 14th. UBS Group restated a “sell” rating on shares of General Mills in a research report on Wednesday, September 16th. Finally, TD Cowen lifted their target price on General Mills from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Thursday, September 24th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $36.24.
View Our Latest Stock Report on GIS
Hedge Funds Weigh In On General Mills
Several institutional investors and hedge funds have recently modified their holdings of GIS. MCF Advisors LLC grew its stake in General Mills by 7.8% in the second quarter. MCF Advisors LLC now owns 3,812 shares of the company’s stock valued at $133,000 after purchasing an additional 277 shares in the last quarter. Triumph Capital Management increased its stake in shares of General Mills by 45.0% during the 2nd quarter. Triumph Capital Management now owns 915 shares of the company’s stock worth $32,000 after purchasing an additional 284 shares during the last quarter. Union Savings Bank lifted its stake in shares of General Mills by 23.7% in the 3rd quarter. Union Savings Bank now owns 1,701 shares of the company’s stock valued at $55,000 after purchasing an additional 326 shares during the last quarter. Farmers & Merchants Investments Inc. increased its position in General Mills by 0.7% during the third quarter. Farmers & Merchants Investments Inc. now owns 50,595 shares of the company’s stock worth $1,627,000 after buying an additional 339 shares during the last quarter. Finally, Americana Partners LLC lifted its position in shares of General Mills by 3.9% in the third quarter. Americana Partners LLC now owns 9,071 shares of the company’s stock worth $292,000 after buying an additional 342 shares during the last quarter. 75.71% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about General Mills
These are some of the GIS headlines that stood out recently:
- Neutral Sentiment: General Mills plans to reorganize its operating model into three segments, aiming to streamline operations and improve commercial execution. The potential efficiency and growth benefits remain to be proven. Can General Mills’ New Operating Model Drive Profitable Growth?
- Negative Sentiment: Piper Sandler downgraded GIS from Overweight to Neutral and cut its price target to $35 from $41, citing dividend risk. The firm sees a potential dividend reduction of about 35% as one way to free up cash for debt reduction and growth investment; this is an analyst warning, not an announced company decision. General Mills’ Hefty Dividend Could Be on the Chopping Block, Piper Sandler Warns
- Negative Sentiment: The downgrade and lower target add pressure ahead of a leadership change and restructuring, which may leave investors uncertain about the company’s near-term direction. What’s Going On With General Mills Stock Thursday?
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About General Mills
General Mills, Inc. is a food company that develops, manufactures and markets branded consumer foods. Its products include breakfast cereals, snack bars, baking mixes and refrigerated dough, along with meals and pet food. Its brands include Cheerios, Nature Valley, Betty Crocker, Pillsbury and Blue Buffalo. The company traces its history to the Minneapolis Milling Company, established in 1866. The General Mills name was adopted in 1928 by the Washburn Crosby Company, a predecessor of today’s business.
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