Studio Investment Management LLC Sells 34,821 Shares of General Mills, Inc. $GIS

Studio Investment Management LLC decreased its holdings in shares of General Mills, Inc. (NYSE:GIS) by 62.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,902 shares of the company’s stock after selling 34,821 shares during the period. Studio Investment Management LLC’s holdings in General Mills were worth $1,054,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Davis Capital Management purchased a new position in General Mills during the third quarter valued at $29,000. Salomon & Ludwin LLC increased its holdings in shares of General Mills by 1,094.4% during the third quarter. Salomon & Ludwin LLC now owns 645 shares of the company’s stock valued at $32,000 after acquiring an additional 591 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of General Mills during the third quarter valued at $32,000. Physician Wealth Advisors Inc. raised its position in shares of General Mills by 343.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 781 shares of the company’s stock worth $39,000 after purchasing an additional 605 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of General Mills in the 3rd quarter worth about $40,000. 75.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on GIS shares. Barclays reduced their price objective on shares of General Mills from $52.00 to $46.00 and set an “equal weight” rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $51.00 price objective on shares of General Mills in a research report on Thursday, December 18th. Royal Bank Of Canada set a $63.00 target price on General Mills and gave the stock an “outperform” rating in a report on Wednesday, December 17th. Wells Fargo & Company lowered their price target on General Mills from $49.00 to $45.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, Evercore set a $45.00 price objective on General Mills in a research report on Wednesday. Five research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, General Mills currently has a consensus rating of “Hold” and an average price target of $51.37.

General Mills Stock Performance

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

General Mills (NYSE:GIS) last posted its 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 return on equity of 21.41% and a net margin of 13.51%.General Mills’s revenue was down 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.40 earnings per share. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. As a group, sell-side analysts anticipate that General Mills, Inc. will post 4.36 EPS for the current year.

General Mills Dividend Announcement

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

More General Mills News

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

• Positive Sentiment: Piper Sandler remains constructive (keeps an “overweight” rating) despite trimming its price target, which provides some support that parts of the selloff may be overdone. Piper Sandler PT cut, overweight
• Positive Sentiment: MarketBeat / sector pieces are highlighting food stocks (including GIS) as defensive, reminding investors of steady cash flow characteristics that can attract buyers after a drop. Food Stocks to Buy Right Now (GIS)
• Neutral Sentiment: Management presented at the CAGNY conference outlining the “Accelerate” strategy and cost actions; this is important context but not an immediate catalyst by itself. CAGNY presentation
• Negative Sentiment: General Mills cut its fiscal‑2026 sales and profit guidance, now forecasting organic net sales down ~1.5%–2% (wider downside than prior range) and lower EPS guidance — the primary trigger for the earlier >7% drop. Reuters: General Mills cuts forecast
• Negative Sentiment: Analysts and outlets flagged higher restructuring costs (~$165M) and weaker shopper demand as drivers of steeper profit declines; that pushed downgrades and target‑price cuts. Benzinga: restructuring costs
• Negative Sentiment: Unusually heavy put buying (large options activity) signals increased hedging/speculative bearish positioning, which can amplify intraday moves. (Reported increased put volume on Feb 17.)
• Negative Sentiment: Critical analyst commentary and research pieces argue valuation and flat sales outcomes make GIS less attractive at current levels, adding to selling pressure from fundamental concerns. Seeking Alpha: low valuations no longer a buy Seeking Alpha: flat-sales bias
• Negative Sentiment: Some brokers trimmed price targets or moved to neutral/equal weight (e.g., Wells Fargo lowered its PT to $45 and set equal‑weight), which moderates near‑term upside. Benzinga: Wells Fargo PT cut

Insider Buying and Selling

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

General Mills 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.