Piper Sandler Cuts General Mills (NYSE:GIS) Price Target to $53.00

General Mills (NYSE:GIS) had its target price trimmed by Piper Sandler from $60.00 to $53.00 in a research note published on Wednesday morning, MarketBeat reports. The firm currently has an overweight rating on the stock.

A number of other research firms also recently commented on GIS. UBS Group set a $46.00 price objective on General Mills in a report on Friday, February 13th. Weiss Ratings downgraded shares of General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, January 13th. TD Cowen restated a “hold” rating on shares of General Mills in a report on Monday, December 15th. Evercore reaffirmed a “positive” rating on shares of General Mills in a research note on Thursday, December 18th. Finally, Barclays decreased 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 report on Wednesday. Five analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, General Mills has an average rating of “Hold” and a consensus target price of $51.37.

General Mills Trading Down 0.4%

Shares of NYSE:GIS opened at $44.63 on Wednesday. The firm has a fifty day moving average of $46.08 and a two-hundred day moving average of $47.68. The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 1.30. General Mills has a 12-month low of $42.78 and a 12-month high of $67.35. The firm has a market capitalization of $23.82 billion, a P/E ratio of 9.60 and a beta of -0.06.

General Mills (NYSE:GIS) last announced its quarterly earnings data on Wednesday, December 17th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.07. General Mills had a return on equity of 21.41% and a net margin of 13.51%.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 company earned $1.40 earnings per share. General Mills’s quarterly 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. On average, equities analysts expect that General Mills will post 4.36 EPS 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. Investors of record on Friday, April 10th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 5.5%. The ex-dividend date is Friday, April 10th. General Mills’s dividend payout ratio (DPR) is 52.47%.

Insiders Place Their Bets

In other General Mills news, insider Paul Joseph Gallagher sold 1,500 shares of the company’s stock in a transaction dated 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 $2,338,549.20. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On General Mills

Large investors have recently made changes to their positions in the business. Vermillion & White Wealth Management Group LLC bought a new position in General Mills in the 3rd quarter worth approximately $25,000. Close Asset Management Ltd acquired a new stake in shares of General Mills in the third quarter worth $28,000. Davis Capital Management bought a new position in General Mills during the third quarter worth $29,000. Bruce G. Allen Investments LLC raised its stake in General Mills by 139.8% during the 4th quarter. Bruce G. Allen Investments LLC now owns 578 shares of the company’s stock valued at $27,000 after purchasing an additional 337 shares during the last quarter. Finally, Financial Consulate Inc. bought a new stake in General Mills in the 3rd quarter valued at $32,000. Institutional investors and hedge funds own 75.71% of the company’s stock.

General Mills News Roundup

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

• Positive Sentiment: BofA remains bullish on General Mills, arguing underlying brand strength and margins justify confidence despite a tougher backdrop. BofA remains bullish on General Mills (GIS) – here’s why
• Positive Sentiment: Investment articles highlight General Mills as a high-yield dividend pick, which supports the stock’s defensive appeal for income investors. 2 No-Brainer Dividend Stocks to Buy Right Now
• Positive Sentiment: Coverage on product strategy notes General Mills is pushing protein-forward cereals to win health-conscious shoppers — a potential long-term revenue stabilizer if execution succeeds. Is General Mills (GIS) Using Protein Cereals to Reposition Its Core Brand Strategy?
• Neutral Sentiment: Several analyst-roundup pieces provide mixed takeaways and context on consumer food stocks (General Mills vs. peers), offering industry comparatives rather than firm-specific bullish/bearish calls. Analysts Offer Insights on Consumer Goods Companies: General Mills (GIS) and Kenvue, Inc. (KVUE)
• Neutral Sentiment: Another analyst roundup compares General Mills to Hormel Foods, useful for relative valuation/strategy context but not a clear directional catalyst. Analysts Offer Insights on Consumer Goods Companies: General Mills (GIS) and Hormel Foods (HRL)
• Neutral Sentiment: Post‑quarter “buy/sell/hold” coverage reexamines the stock after Q4 results — useful for horizon investors but not a near-term price catalyst. General Mills (GIS): Buy, sell, or hold post Q4 earnings?
• Negative Sentiment: Piper Sandler cut its price target on GIS to $53, reducing upside expectations and signaling more cautious views on near-term growth. Piper Sandler Lowers General Mills (NYSE:GIS) Price Target to $53.00
• Negative Sentiment: Wells Fargo lowered its price target to $45, another downward revision that likely increases selling pressure. Wells Fargo & Company Lowers General Mills (NYSE:GIS) Price Target to $45.00
• Negative Sentiment: News coverage highlights General Mills cutting guidance and warning of a “challenging backdrop,” which directly pressures valuation and investor sentiment. General Mills Guidance Cut Tests Valuation Appeal And Consumer Resilience
• Negative Sentiment: Additional pieces argue the company’s growth prospects are impaired and that historically low valuations may no longer be a buy signal, reinforcing bearish views. General Mills wipes out prospects for growth amid “challenging backdrop” General Mills: Why Historically Low Valuations Are No Longer A ‘Buy’ Signal
• Negative Sentiment: WSJ coverage underscores that a cut in outlook “slammed” the stock, summarizing market reaction to the weaker guidance and execution concerns. General Mills Wants to Win Health-Conscious Shoppers; Cut in Outlook Slams Stock

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.