General Mills, Inc. (NYSE:GIS) Receives $53.33 Consensus PT from Brokerages

General Mills, Inc. (NYSE:GIS) has been assigned an average rating of “Hold” from the twenty-one brokerages that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $53.3333.

GIS has been the subject of a number of research analyst reports. Weiss Ratings lowered shares of General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, January 13th. Evercore ISI restated a “positive” rating on shares of General Mills in a report on Thursday, December 18th. UBS Group reaffirmed a “sell” rating on shares of General Mills in a research report on Friday, December 19th. Sanford C. Bernstein set a $54.00 price objective on General Mills and gave the company a “market perform” rating in a research report on Thursday, December 18th. Finally, Jefferies Financial Group lowered their target price on General Mills from $50.00 to $47.00 and set a “hold” rating on the stock in a report on Thursday, December 11th.

General Mills Stock Performance

Shares of General Mills stock opened at $44.56 on Friday. General Mills has a 1 year low of $42.78 and a 1 year high of $67.35. The firm’s 50-day moving average is $46.16 and its 200 day moving average is $48.15. The stock has a market cap of $23.77 billion, a price-to-earnings ratio of 9.58 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 (NYSE:GIS) last released its quarterly earnings data 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. General Mills had a net margin of 13.51% and a return on equity of 21.41%. The business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same period last year, the business earned $1.40 EPS. General Mills’s revenue was down 7.2% compared to the same quarter last year. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Sell-side analysts anticipate that General Mills will post 4.36 EPS for the current fiscal year.

General Mills Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Friday, January 9th will be paid a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Friday, January 9th. General Mills’s dividend payout ratio is 52.47%.

Insider Activity

In related news, insider Paul Joseph Gallagher sold 1,500 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider directly owned 48,568 shares in the company, valued at approximately $2,338,549.20. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.30% of the company’s stock.

Institutional Trading of General Mills

Several hedge funds have recently bought and sold shares of GIS. Vermillion & White Wealth Management Group LLC bought a new stake in General Mills during the 3rd quarter worth approximately $25,000. Close Asset Management Ltd bought a new stake in shares of General Mills during the 3rd quarter valued at $28,000. Davis Capital Management bought a new stake in shares of General Mills during the 3rd quarter valued at $29,000. Salomon & Ludwin LLC lifted its stake in shares of General Mills by 1,094.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 645 shares of the company’s stock valued at $32,000 after buying an additional 591 shares in the last quarter. Finally, Financial Consulate Inc. bought a new position in General Mills in the 3rd quarter worth $32,000. Institutional investors own 75.71% of the company’s stock.

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.