Ontario Teachers Pension Plan Board Increases Stock Holdings in General Mills, Inc. $GIS

Ontario Teachers Pension Plan Board increased its holdings in shares of General Mills, Inc. (NYSE:GIS) by 88.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 97,932 shares of the company’s stock after buying an additional 45,921 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in General Mills were worth $4,938,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in GIS. Stratos Wealth Partners LTD. boosted its position in shares of General Mills by 5.8% in the second quarter. Stratos Wealth Partners LTD. now owns 10,780 shares of the company’s stock worth $559,000 after acquiring an additional 592 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in General Mills by 8.8% during the second quarter. Chicago Partners Investment Group LLC now owns 4,810 shares of the company’s stock worth $247,000 after purchasing an additional 391 shares during the period. Brookstone Capital Management raised its stake in General Mills by 7.5% during the second quarter. Brookstone Capital Management now owns 206,921 shares of the company’s stock worth $10,721,000 after purchasing an additional 14,353 shares during the period. Rehmann Capital Advisory Group boosted its holdings in shares of General Mills by 16.4% in the 2nd quarter. Rehmann Capital Advisory Group now owns 6,089 shares of the company’s stock valued at $315,000 after purchasing an additional 859 shares during the last quarter. Finally, Ethic Inc. grew its stake in shares of General Mills by 5.9% during the 2nd quarter. Ethic Inc. now owns 124,210 shares of the company’s stock valued at $6,275,000 after buying an additional 6,921 shares during the period. 75.71% of the stock is owned by institutional investors and hedge funds.

General Mills Price Performance

GIS stock opened at $45.38 on Thursday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.39 and a current ratio of 0.66. General Mills, Inc. has a 1 year low of $42.78 and a 1 year high of $67.35. The firm has a market cap of $24.22 billion, a P/E ratio of 9.76 and a beta of -0.06. The stock has a 50-day simple moving average of $46.15 and a 200-day simple moving average of $47.73.

General Mills (NYSE:GIS) last released its quarterly earnings results on Wednesday, December 17th. The company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.03 by $0.07. The firm had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.78 billion. General Mills had a return on equity of 21.41% and a net margin of 13.51%.General Mills’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.40 EPS. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. On average, equities analysts predict that General Mills, Inc. will post 4.36 earnings per share for the current fiscal year.

General Mills Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be paid a $0.61 dividend. The ex-dividend date is Friday, April 10th. This represents a $2.44 annualized dividend and a dividend yield of 5.4%. General Mills’s dividend payout ratio is 52.47%.

Insiders Place Their Bets

In other General Mills news, insider Paul Joseph Gallagher sold 1,500 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $48.15, for a total value of $72,225.00. Following the transaction, the insider owned 48,568 shares in the company, valued at $2,338,549.20. The trade was a 3.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.30% of the company’s stock.

Key Headlines Impacting General Mills

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

• Positive Sentiment: Piper Sandler maintained an “overweight” stance despite trimming its target to $53, which signals some analyst confidence in upside versus current levels. General Mills price target lowered by Piper Sandler
• Positive Sentiment: The Motley Fool named General Mills a top dividend pick, keeping income-focused investors interested despite near‑term headwinds. 2 No-Brainer Dividend Stocks to Buy Right Now
• Positive Sentiment: MarketBeat included GIS on a “Food Stocks to Buy” list, highlighting the defensive nature of packaged‑food businesses for long‑term investors. Food Stocks to Buy Right Now (GIS)
• Neutral Sentiment: Coverage on General Mills’ push into protein‑fortified cereals suggests a brand repositioning toward health‑conscious consumers — a strategic long‑term play but unclear near‑term sales impact. Is General Mills (GIS) Using Protein Cereals to Reposition Its Core Brand Strategy?
• Neutral Sentiment: General Mills presented at the Consumer Analyst Group of New York (CAGNY); presentations may reveal strategic priorities but haven’t offset the market’s reaction to the guidance cut. General Mills Presents at CAGNY 2026
• Negative Sentiment: Company lowered FY‑2026 guidance: EPS range trimmed to $3.37–$3.54 (below consensus) and organic net sales now expected to fall ~1.5%–2% as shoppers trade down — the primary driver of today’s selloff. General Mills Wants to Win Health-Conscious Shoppers; Cut in Outlook Slams Stock
• Negative Sentiment: Market reports and screens show the stock fell after the guidance cut, with coverage noting weaker demand and higher restructuring costs (~$165M), which pressure near‑term profitability. General Mills Stock Down 7%, Guidance Lowered on Demand Pressure
• Negative Sentiment: Analysts pared targets: Wells Fargo cut to $45 (equal weight), reflecting reduced conviction and adding selling pressure from the sell‑side. Benzinga note on Wells Fargo target cut
• Negative Sentiment: Unusual bearish options activity — a large surge in put buying — signals traders are positioning for further downside or volatility. (Market options volume reported Feb. 17.)
• Negative Sentiment: Several bearish analysis pieces argue flat sales and valuation risks make GIS less attractive despite low historical multiples, which could weigh on sentiment until sales stabilize. Why Historically Low Valuations Are No Longer a ‘Buy’ Signal

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on GIS. Sanford C. Bernstein cut their target price on General Mills from $53.00 to $48.00 and set a “market perform” rating on the stock in a research report on Wednesday. Jefferies Financial Group cut their price objective on General Mills from $50.00 to $47.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. Wells Fargo & Company reduced their price objective on General Mills from $49.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Weiss Ratings cut General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, January 13th. Finally, Barclays dropped their target price on shares of General Mills from $52.00 to $46.00 and set an “equal weight” rating for the company in a research report on Wednesday. Five research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $51.37.

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.