SG Americas Securities LLC lifted its stake in shares of General Mills, Inc. (NYSE:GIS – Free Report) by 33.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 721,688 shares of the company’s stock after buying an additional 180,640 shares during the quarter. SG Americas Securities LLC’s holdings in General Mills were worth $26,861,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. State Street Corp raised its stake in General Mills by 0.4% during the 3rd quarter. State Street Corp now owns 33,717,972 shares of the company’s stock worth $1,700,060,000 after acquiring an additional 145,701 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of General Mills by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 19,697,919 shares of the company’s stock worth $915,953,000 after purchasing an additional 488,617 shares during the last quarter. Geode Capital Management LLC increased its position in shares of General Mills by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 15,197,534 shares of the company’s stock worth $704,170,000 after purchasing an additional 172,200 shares in the last quarter. Morgan Stanley increased its position in shares of General Mills by 2.1% during the fourth quarter. Morgan Stanley now owns 9,837,490 shares of the company’s stock worth $457,443,000 after purchasing an additional 200,043 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of General Mills by 14.6% in the 4th quarter. Invesco Ltd. now owns 8,780,455 shares of the company’s stock valued at $408,291,000 after purchasing an additional 1,115,465 shares during the last quarter. Institutional investors and hedge funds own 75.71% of the company’s stock.
Analyst Ratings Changes
GIS has been the subject of a number of research analyst reports. Mizuho decreased their target price on General Mills from $47.00 to $39.00 and set a “neutral” rating for the company in a research report on Thursday, March 19th. UBS Group cut their price target on General Mills from $35.00 to $30.00 and set a “sell” rating on the stock in a research report on Tuesday, June 2nd. TD Cowen decreased their price objective on General Mills from $45.00 to $37.00 and set a “hold” rating for the company in a report on Thursday, March 19th. Royal Bank Of Canada lowered their target price on shares of General Mills from $60.00 to $55.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. Finally, Bank of America lowered their target price on shares of General Mills from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, May 28th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, General Mills has a consensus rating of “Reduce” and a consensus target price of $39.39.
General Mills Stock Performance
NYSE GIS opened at $34.75 on Thursday. 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, Inc. has a 52-week low of $31.75 and a 52-week high of $54.18. The business’s 50-day moving average price is $34.08 and its 200 day moving average price is $40.23. The firm has a market cap of $18.54 billion, a P/E ratio of 8.50 and a beta of -0.03.
Insider Buying and Selling
In other General Mills news, insider Jacqueline Williams-Roll sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $34.27, for a total transaction of $342,700.00. Following the completion of the sale, the insider directly owned 86,002 shares of the company’s stock, valued at approximately $2,947,288.54. This trade represents a 10.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ricardo Fernandez sold 7,995 shares of General Mills stock in a transaction that occurred 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 owned 62,283 shares in the company, valued at $2,148,763.50. This trade 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.
More General Mills News
Here are the key news stories impacting General Mills this week:
- Positive Sentiment: General Mills launched Honey Nut Cheerios Protein, adding a new extension to one of its best-known cereal brands and backing it with a promotional campaign and limited-edition collectibles. The move suggests the company is trying to refresh its core portfolio and support consumer engagement. General Mills (GIS) Launches Honey Nut Cheerios Protein As Wheaties Picks A’ja Wilson
- Positive Sentiment: General Mills is also getting attention for broader brand-building efforts, including a new Wheaties special-edition box featuring WNBA star A’ja Wilson, which may help keep the brand relevant and visible with consumers. General Mills (GIS) Launches Honey Nut Cheerios Protein As Wheaties Picks A’ja Wilson
- Neutral Sentiment: Analysts expect General Mills to report higher earnings when it announces results soon, with estimates calling for double-digit EPS growth and revenue around $4.6 billion. That supports interest in the stock, but the bar may already be high. General Mills’s Q4 2026 Earnings: What to Expect
- Neutral Sentiment: Several articles noted that General Mills’ upcoming earnings report is expected to show growth, but also suggested the company may not have the right ingredients for a likely earnings beat, which points to limited upside if results only match expectations. General Mills (GIS) Earnings Expected to Grow: Should You Buy?
- Negative Sentiment: One analyst downgrade ahead of FY27 and broader commentary about a softer setup suggest some investors are worried about General Mills’ longer-term growth and earnings momentum. General Mills: Heading Into FY27, The Setup Worries Me (Rating Downgrade)
- Negative Sentiment: Rising concerns across packaged-food companies about falling oil prices making price increases harder to justify could pressure General Mills’ pricing power and margins. Why Falling Oil Prices Are Bad News for Packaged-Food Companies
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.
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