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

Studio Investment Management LLC reduced its stake in shares of General Mills, Inc. (NYSE:GIS) by 62.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on GIS. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $51.00 target price on shares of General Mills in a research report on Thursday, December 18th. Barclays reduced their price objective on General Mills from $52.00 to $46.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Evercore set a $45.00 target price on General Mills in a research report on Wednesday. Royal Bank Of Canada set a $63.00 price target on shares of General Mills and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Finally, Piper Sandler decreased their price target on shares of General Mills from $60.00 to $53.00 and set an “overweight” rating on the stock in a research note on Wednesday. Five investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $51.37.

Key Headlines Impacting General Mills

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 at General Mills

In other news, insider Paul Joseph Gallagher sold 1,500 shares of General Mills stock in a transaction on Friday, December 19th. The stock was 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. This trade represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.30% of the company’s stock.

General Mills Stock Up 0.9%

Shares of GIS opened at $45.38 on Thursday. The company has a market cap of $24.22 billion, a PE ratio of 9.76 and a beta of -0.06. The business has a fifty day moving average of $46.15 and a 200 day moving average of $47.73. General Mills, Inc. has a 52-week low of $42.78 and a 52-week high of $67.35. 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 (NYSE:GIS) last posted 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 for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the previous year, the business posted $1.40 earnings per share. The business’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. On average, sell-side analysts expect 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. Stockholders of record on Friday, April 10th will be paid a dividend of $0.61 per share. 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 5.4%. General Mills’s dividend payout ratio is currently 52.47%.

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.