Orion Porfolio Solutions LLC Has $2.67 Million Stake in General Mills, Inc. $GIS

Orion Porfolio Solutions LLC lifted its position in shares of General Mills, Inc. (NYSE:GIS) by 50.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,514 shares of the company’s stock after purchasing an additional 17,173 shares during the period. Orion Porfolio Solutions LLC’s holdings in General Mills were worth $2,669,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Aptus Capital Advisors LLC lifted its holdings in shares of General Mills by 6.4% during the first quarter. Aptus Capital Advisors LLC now owns 30,969 shares of the company’s stock worth $1,852,000 after buying an additional 1,873 shares in the last quarter. Wellington Management Group LLP increased its position in General Mills by 4.5% during the first quarter. Wellington Management Group LLP now owns 34,390 shares of the company’s stock worth $2,056,000 after acquiring an additional 1,469 shares during the period. Credit Agricole S A raised its stake in General Mills by 8.1% in the 1st quarter. Credit Agricole S A now owns 234,329 shares of the company’s stock worth $14,011,000 after purchasing an additional 17,568 shares in the last quarter. Candriam S.C.A. boosted its holdings in General Mills by 1.1% in the 1st quarter. Candriam S.C.A. now owns 241,643 shares of the company’s stock valued at $14,448,000 after purchasing an additional 2,577 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its position in shares of General Mills by 1.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 809,331 shares of the company’s stock worth $48,391,000 after purchasing an additional 8,361 shares in the last quarter. 75.71% of the stock is currently owned by institutional investors.

General Mills Stock Performance

General Mills stock opened at $48.74 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.66 and a debt-to-equity ratio of 1.30. The stock has a market cap of $26.00 billion, a PE ratio of 10.48, a P/E/G ratio of 0.91 and a beta of -0.07. General Mills, Inc. has a 12-month low of $45.15 and a 12-month high of $67.35. The business’s 50-day moving average price is $47.25 and its two-hundred day moving average price is $49.62.

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

General Mills Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Friday, January 9th will be issued a dividend of $0.61 per share. The ex-dividend date is Friday, January 9th. This represents a $2.44 annualized dividend and a dividend yield of 5.0%. General Mills’s dividend payout ratio is 46.12%.

Analyst Ratings Changes

GIS has been the subject of a number of analyst reports. Bernstein Bank dropped their price target on shares of General Mills from $55.00 to $54.00 and set a “market perform” rating for the company in a research report on Thursday, September 18th. Stifel Nicolaus cut their target price on General Mills from $56.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, December 11th. UBS Group reduced their target price on General Mills from $49.00 to $47.00 and set a “sell” rating on the stock in a report on Thursday, September 18th. Royal Bank Of Canada set a $63.00 price target on General Mills and gave the company an “outperform” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $51.00 price objective on shares of General Mills in a research note on Thursday. Five analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, General Mills presently has a consensus rating of “Hold” and an average price target of $53.50.

About General Mills

General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.