Rep. Gilbert Ray Cisneros, Jr. Unloads Shares of General Mills, Inc. (NYSE:GIS)

Key Points

• Rep. Gilbert Ray Cisneros Jr. disclosed selling $1,001–$15,000 of General Mills shares on October 20 from a Bank of America trust account.
• General Mills’ latest quarterly earnings beat estimates, with EPS of $0.75 versus $0.72 expected, although revenue fell 2.8% year over year. The company’s $0.61 quarterly dividend equates to a 7.1% yield.
• Analysts’ consensus rating is “Reduce,” with an average price target of $36.24; shares were reported down 1.3% and opened at $34.16.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of General Mills, Inc. (NYSE:GIS). In a filing disclosed on November 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in General Mills stock on October 20th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 11/2/2026.
• Purchased $1,001 - $15,000 in shares of argenex NASDAQ: ARGX on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Illumina NASDAQ: ILMN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 10/27/2026.
• Sold $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Micron Solutions OTCMKTS: MICR on 10/21/2026.
• Sold $1,001 - $15,000 in shares of Ciena NYSE: CIEN on 10/21/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 10/21/2026.

General Mills Trading Down 1.3%

Shares of GIS opened at $34.16 on Thursday. General Mills, Inc. has a twelve month low of $31.17 and a twelve month high of $49.59. The firm has a market capitalization of $18.26 billion and a P/E ratio of -20.58. The company has a current ratio of 0.70, a quick ratio of 0.39 and a debt-to-equity ratio of 1.66. The stock's fifty day simple moving average is $34.51 and its 200 day simple moving average is $37.23.

General Mills (NYSE:GIS - Get Free Report) last announced its quarterly earnings results on Wednesday, September 23rd. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.72 by $0.03. The company had revenue of $4.39 billion during the quarter, compared to analyst estimates of $4.35 billion. General Mills had a positive return on equity of 21.86% and a negative net margin of 4.89%. The firm's revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.86 earnings per share. On average, equities research analysts forecast that General Mills, Inc. will post 3.08 earnings per share for the current year.

General Mills Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 2nd. Stockholders of record on Tuesday, October 13th were paid a dividend of $0.61 per share. The ex-dividend date of this dividend was Tuesday, October 13th. This represents a $2.44 annualized dividend and a dividend yield of 7.1%. General Mills's payout ratio is currently -146.99%.

Institutional Investors Weigh In On General Mills

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brown Shipley& Co Ltd acquired a new stake in General Mills during the first quarter valued at approximately $26,000. Silvant Capital Management LLC acquired a new position in shares of General Mills in the 2nd quarter valued at about $26,000. Main Street Group LTD acquired a new stake in General Mills during the first quarter worth about $27,000. Elevation Wealth Partners LLC acquired a new position in General Mills in the second quarter valued at approximately $27,000. Finally, CoreCap Advisors LLC raised its position in shares of General Mills by 92.9% during the 2nd quarter. CoreCap Advisors LLC now owns 787 shares of the company's stock worth $27,000 after purchasing an additional 379 shares during the period. Institutional investors own 75.71% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. UBS Group restated a "sell" rating on shares of General Mills in a report on Wednesday, September 16th. Zacks Research raised General Mills from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 12th. Bank of America restated a "neutral" rating on shares of General Mills in a research note on Thursday, September 24th. TD Cowen upped their target price on General Mills from $32.00 to $33.00 and gave the stock a "hold" rating in a research report on Thursday, September 24th. Finally, Weiss Ratings upgraded General Mills from a "sell (d)" rating to a "sell (d+)" rating in a report on Thursday, October 29th. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Reduce" and an average target price of $36.24.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

General Mills Company Profile

General Mills, Inc. is a food company that develops, manufactures and markets branded consumer foods. Its products include breakfast cereals, snack bars, baking mixes and refrigerated dough, along with meals and pet food. Its brands include Cheerios, Nature Valley, Betty Crocker, Pillsbury and Blue Buffalo. The company traces its history to the Minneapolis Milling Company, established in 1866. The General Mills name was adopted in 1928 by the Washburn Crosby Company, a predecessor of today's business.

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