Steigerwald Gordon & Koch Inc. Has $4.50 Million Position in General Mills, Inc. $GIS

Steigerwald Gordon & Koch Inc. cut its position in shares of General Mills, Inc. (NYSE:GIS) by 21.5% in the first quarter, Holdings Channel reports. The institutional investor owned 120,960 shares of the company’s stock after selling 33,109 shares during the period. Steigerwald Gordon & Koch Inc.’s holdings in General Mills were worth $4,502,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of GIS. Marshall Wace LLP bought a new stake in shares of General Mills in the second quarter worth $9,188,000. Bank of Nova Scotia boosted its holdings in General Mills by 4.1% during the second quarter. Bank of Nova Scotia now owns 65,118 shares of the company’s stock worth $3,374,000 after purchasing an additional 2,552 shares during the last quarter. WINTON GROUP Ltd grew its position in General Mills by 112.6% in the second quarter. WINTON GROUP Ltd now owns 8,971 shares of the company’s stock valued at $465,000 after purchasing an additional 4,752 shares in the last quarter. Daiwa Securities Group Inc. grew its position in General Mills by 4.9% in the second quarter. Daiwa Securities Group Inc. now owns 82,037 shares of the company’s stock valued at $4,250,000 after purchasing an additional 3,814 shares in the last quarter. Finally, Nebula Research & Development LLC increased its stake in General Mills by 334.2% in the 2nd quarter. Nebula Research & Development LLC now owns 19,542 shares of the company’s stock valued at $1,012,000 after buying an additional 15,041 shares during the last quarter. Institutional investors own 75.71% of the company’s stock.

Insider Buying and Selling

In other General Mills news, insider Jacqueline Williams-Roll sold 10,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $34.27, for a total value of $342,700.00. Following the transaction, the insider directly owned 86,002 shares of the company’s stock, valued at $2,947,288.54. This represents a 10.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Ricardo Fernandez sold 7,995 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $34.50, for a total value of $275,827.50. Following the completion of the transaction, the insider directly owned 62,283 shares in the company, valued at approximately $2,148,763.50. This represents a 11.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have commented on GIS. Jefferies Financial Group boosted their price target on shares of General Mills from $33.00 to $36.00 and gave the stock a “hold” rating in a research report on Wednesday. BNP Paribas Exane lifted their target price on General Mills from $37.00 to $38.00 and gave the company a “neutral” rating in a research report on Thursday. Royal Bank Of Canada reduced their price target on General Mills from $60.00 to $55.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Wells Fargo & Company boosted their price target on General Mills from $30.00 to $33.00 and gave the stock an “underweight” rating in a research report on Thursday. Finally, Stifel Nicolaus dropped their price objective on General Mills from $44.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and seven have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $39.00.

Key Headlines Impacting General Mills

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

• Positive Sentiment: General Mills reported Q4 EPS of $0.95 on revenue of $4.61 billion, both ahead of estimates, which helped lift sentiment toward the stock. General Mills (GIS) Stock Trades Up, Here Is Why
• Positive Sentiment: Management said it is targeting up to $3 billion in cost savings by fiscal 2030 and shifting toward innovation, which investors may view as a margin and earnings tailwind. General Mills Inc (GIS) Q4 2026 Earnings Call Highlights
• Positive Sentiment: The company also introduced product initiatives such as Reese’s Puffs and Honey Nut Cheerios Protein, reinforcing its effort to refresh the portfolio and support sales growth. General Mills (GIS) Launches Reese’s Puffs GloRilla Tie Up And Honey Nut Cheerios Protein
• Neutral Sentiment: Several brokers raised price targets after the earnings release, but ratings were still mostly neutral or negative, signaling that Wall Street sees limited upside until growth improves. These Analysts Increase Their Forecasts On General Mills After Upbeat Q4 Results
• Neutral Sentiment: Wells Fargo reiterated a Sell rating, while other firms such as JPMorgan, Deutsche Bank, Barclays, and Bank of America maintained cautious stances, highlighting ongoing concerns about weak sales growth and execution. Wells Fargo Remains a Sell on General Mills (GIS)
• Negative Sentiment: Analysts continue to flag “less bad” guidance and structural concerns, indicating the market still doubts a durable demand rebound for General Mills. General Mills Beats, But ‘Less Bad’ Outlook Leaves Analyst Unimpressed

General Mills Stock Performance

NYSE GIS opened at $37.50 on Friday. The stock has a market cap of $20.01 billion, a PE ratio of -208.31 and a beta of -0.03. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.36 and a current ratio of 0.68. The firm has a 50-day moving average of $34.28 and a 200-day moving average of $39.80. General Mills, Inc. has a 52-week low of $31.75 and a 52-week high of $54.01.

General Mills (NYSE:GIS) last released its quarterly earnings results on Wednesday, July 1st. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.15. The firm had revenue of $4.61 billion for the quarter, compared to analysts’ expectations of $4.59 billion. General Mills had a negative net margin of 0.48% and a positive return on equity of 21.37%. The business’s revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 EPS. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. On average, sell-side analysts anticipate that General Mills, Inc. will post 3.06 EPS for the current year.

General Mills Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be paid a dividend of $0.61 per share. The ex-dividend date is Friday, July 10th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 6.5%. General Mills’s dividend payout ratio (DPR) is -1,355.56%.

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.