TrueMark Investments LLC Has $571,000 Holdings in General Mills, Inc. $GIS

TrueMark Investments LLC cut its holdings in shares of General Mills, Inc. (NYSE:GIS) by 89.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,279 shares of the company’s stock after selling 108,926 shares during the period. TrueMark Investments LLC’s holdings in General Mills were worth $571,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. North Star Investment Management Corp. increased its stake in General Mills by 255.8% during the 3rd quarter. North Star Investment Management Corp. now owns 59,791 shares of the company’s stock worth $3,015,000 after purchasing an additional 42,986 shares in the last quarter. AE Wealth Management LLC lifted its stake in General Mills by 7.7% in the third quarter. AE Wealth Management LLC now owns 346,005 shares of the company’s stock valued at $17,445,000 after buying an additional 24,688 shares in the last quarter. Korea Investment CORP lifted its stake in General Mills by 161.9% in the third quarter. Korea Investment CORP now owns 333,199 shares of the company’s stock valued at $16,800,000 after buying an additional 205,981 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of General Mills by 2,806.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 762,517 shares of the company’s stock valued at $35,457,000 after buying an additional 736,283 shares during the period. Finally, Diamond Hill Capital Management Inc. boosted its holdings in shares of General Mills by 22.2% in the third quarter. Diamond Hill Capital Management Inc. now owns 7,628,421 shares of the company’s stock valued at $384,625,000 after buying an additional 1,383,913 shares during the period. 75.71% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about General Mills

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

• Positive Sentiment: Several income‑focused pieces argue GIS is attractively valued at a ~6.6–6.7% yield and note its 127‑year dividend track record, which can attract dividend hunters and income funds. At a 15-Year Low and Yielding 6.7%, General Mills Is a Bargain for Income Investors
• Positive Sentiment: Zacks Research reportedly lifted Q4 EPS estimates in one note (a potential near‑term positive catalyst if analysts are becoming less pessimistic about near‑term results). Q4 EPS Estimates for General Mills Lifted by Zacks Research
• Positive Sentiment: Product and brand moves: General Mills’ clean‑label cereal push (new licensed flavors made with natural colors and a plan to remove certified colors) is being framed as a brand refresh that could help core cereal volumes and consumer perception over time. Is General Mills’ (GIS) Clean‑Label Cereal Push Quietly Redefining Its Brand Investment Narrative?
• Positive Sentiment: Management moves: the appointment of Ness as Chief Supply Chain Officer signals management focus on operational execution and cost/margin recovery. General Mills Names Ness Chief Supply Chain Officer
• Neutral Sentiment: Industry context — a Conagra note flags likely organic sales pressure in packaged foods, underscoring sector‑wide demand softness that also affects General Mills. This is a cross‑company headwind rather than GIS‑specific news. Conagra Quarterly Organic Sales Likely to Face Some Pressure; Focus to be on Fiscal 2027 Outlook, RBC Says
• Neutral Sentiment: Mixed analyst signals — another AmericanBankingNews item reports Zacks lowered earnings estimates in a different note, creating ambiguity about consensus trends (some upgrades, some cuts). The mixed messages contribute to short‑term volatility. Zacks Research Reduces Earnings Estimates for General Mills
• Neutral Sentiment: Value vs. value‑trap debate: several writeups examine whether the ~36% one‑year share decline makes GIS a buying opportunity or signals deeper issues; these balanced takes can both attract bargain hunters and caution long‑term investors. Is General Mills (GIS) Now Offering Opportunity After A 36% Share Price Slide?
• Negative Sentiment: Deutsche Bank cut its price target from $38 to $32 and assigned a “hold” rating, signaling downside (the new PT implies roughly double‑digit downside versus recent levels) and likely pressuring sentiment among analyst‑sensitive investors. Deutsche Bank Lowers GIS Price Target to $32

General Mills Stock Performance

Shares of GIS stock opened at $37.08 on Tuesday. General Mills, Inc. has a 12 month low of $35.63 and a 12 month high of $62.61. The company’s fifty day simple moving average is $43.41 and its 200-day simple moving average is $46.03. The firm has a market cap of $19.79 billion, a PE ratio of 9.06 and a beta of -0.05. The company has a quick ratio of 0.36, a current ratio of 0.56 and a debt-to-equity ratio of 1.17.

General Mills (NYSE:GIS) last released its earnings results on Wednesday, March 18th. The company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.09). General Mills had a net margin of 12.05% and a return on equity of 19.19%. The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same period last year, the business posted $1.12 EPS. The firm’s revenue for the quarter was down 8.4% on a year-over-year basis. Equities research analysts expect that General Mills, Inc. will post 4.36 EPS for the current fiscal year.

General Mills Announces Dividend

The business 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 $0.61 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 6.6%. General Mills’s payout ratio is currently 59.66%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Piper Sandler dropped their price objective on shares of General Mills from $53.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, March 19th. Sanford C. Bernstein reduced their target price on shares of General Mills from $53.00 to $48.00 and set a “market perform” rating for the company in a research note on Wednesday, February 18th. UBS Group lowered their target price on General Mills from $40.00 to $35.00 and set a “sell” rating for the company in a report on Thursday, March 19th. Barclays dropped their price target on General Mills from $46.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Finally, The Goldman Sachs Group cut their price target on General Mills from $47.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday, March 19th. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $43.56.

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.