Jain Global LLC Raises Stake in General Mills, Inc. $GIS

Key Points

• Jain Global LLC boosted its stake in General Mills by 409.1% in Q3, acquiring an additional 127,912 shares to hold 159,177 shares valued at about $8.03 million.
• Market sentiment is mixed and cautious—multiple analysts have trimmed price targets and the stock's average MarketBeat rating is "Reduce" with a $48.94 target, and upcoming earnings plus margin/promotional pressures could spark near‑term volatility.

Jain Global LLC increased its holdings in General Mills, Inc. (NYSE:GIS - Free Report) by 409.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 159,177 shares of the company's stock after buying an additional 127,912 shares during the quarter. Jain Global LLC's holdings in General Mills were worth $8,026,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of GIS. Foundations Investment Advisors LLC increased its stake in shares of General Mills by 9.4% in the second quarter. Foundations Investment Advisors LLC now owns 20,861 shares of the company's stock worth $1,081,000 after acquiring an additional 1,792 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in General Mills by 6.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 134,302 shares of the company's stock valued at $6,958,000 after purchasing an additional 8,243 shares during the last quarter. Creative Planning boosted its holdings in General Mills by 39.8% in the second quarter. Creative Planning now owns 222,170 shares of the company's stock valued at $11,511,000 after purchasing an additional 63,213 shares during the last quarter. Avantax Advisory Services Inc. grew its position in General Mills by 7.7% during the 2nd quarter. Avantax Advisory Services Inc. now owns 61,444 shares of the company's stock worth $3,183,000 after purchasing an additional 4,390 shares during the period. Finally, Kingsview Wealth Management LLC grew its position in General Mills by 3.5% during the 2nd quarter. Kingsview Wealth Management LLC now owns 11,519 shares of the company's stock worth $597,000 after purchasing an additional 385 shares during the period. 75.71% of the stock is owned by hedge funds and other institutional investors.

More General Mills News

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

• Positive Sentiment: General Mills is reviving its La Tiara taco‑shell brand, expanding the product from regional to national distribution and creating more than 100 local jobs — a potential boost to shelf presence, category momentum and long‑term top‑line growth. General Mills Reintroduces Beloved La Tiara Brand
• Neutral Sentiment: GIS will report Q1 results before the market opens this Wednesday; preview pieces outline what to watch (margins, promotional activity, and guidance) but don’t yet move consensus materially — results could spark near‑term volatility. What To Expect From General Mills’s (GIS) Q1 Earnings
• Neutral Sentiment: Macro calendar risk: the Fed decision and PPI release this week could shift market sentiment and affect consumer spending expectations and input‑cost outlooks for packaged‑food names like General Mills. Fed Meeting, PPI, Micron Earnings: Still to Come This Week
• Neutral Sentiment: Opinion pieces highlighting a bullish, value‑oriented thesis on GIS (low P/E, stable cash flow) are circulating — these argue for longer‑term upside but are commentary rather than new company fundamentals. Is General Mills, Inc. (GIS) A Good Stock To Buy Now? InsiderMonkey: Is General Mills A Good Stock To Buy Now?
• Negative Sentiment: Analyst previews (Zacks, Yahoo) flag that Q3/Q1 revenue and EPS may decline due to increased promotions, cost pressures and investments — this outlook increases the risk of an earnings miss or weaker guidance that would push the stock lower. GIS Q3 Earnings on the Horizon: Essential Insights for Investors (Yahoo) Zacks: GIS Q3 Earnings on the Horizon
• Negative Sentiment: Barclays cut its price target to $43 and set an “equal weight” rating, signaling more conservative near‑term expectations from the sell‑side; analyst downgrades or PT cuts tend to weigh on sentiment ahead of earnings. Benzinga: Barclays Lowers Price Target

Insider Transactions at General Mills

In related news, insider Paul Joseph Gallagher sold 1,500 shares of the business's stock in a transaction on Friday, December 19th. The shares were sold at an average price of $48.15, for a total value of $72,225.00. Following the completion of the sale, the insider owned 48,568 shares of the company's stock, valued at approximately $2,338,549.20. The trade was a 3.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.30% of the company's stock.

Wall Street Analysts Forecast Growth

GIS has been the subject of several analyst reports. Bank of America cut General Mills from a "buy" rating to a "neutral" rating and set a $48.00 price objective for the company. in a report on Monday, February 23rd. Stifel Nicolaus dropped their target price on General Mills from $52.00 to $50.00 and set a "buy" rating on the stock in a report on Wednesday, February 18th. Royal Bank Of Canada set a $63.00 price target on General Mills and gave the company an "outperform" rating in a report on Wednesday, December 17th. TD Cowen lowered their price objective on General Mills from $47.00 to $45.00 and set a "hold" rating on the stock in a research report on Wednesday, February 18th. Finally, Jefferies Financial Group dropped their price objective on shares of General Mills from $50.00 to $47.00 and set a "hold" rating on the stock in a research note on Thursday, December 11th. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Reduce" and an average price target of $48.94.

General Mills Price Performance

Shares of General Mills stock opened at $38.98 on Tuesday. The firm has a market cap of $20.80 billion, a PE ratio of 8.38 and a beta of -0.05. General Mills, Inc. has a twelve month low of $38.59 and a twelve month high of $62.61. The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 1.30. The business has a 50-day moving average price of $44.87 and a 200 day moving average price of $46.94.

General Mills (NYSE:GIS - Get Free Report) last issued its quarterly earnings results on Wednesday, December 17th. The company reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.07. The company had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.78 billion. General Mills had a return on equity of 21.41% and a net margin of 13.51%.General Mills's revenue for the quarter was down 7.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.40 earnings per share. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Sell-side analysts predict that General Mills, Inc. will post 4.36 earnings per share for the current fiscal year.

General Mills Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.44 dividend on an annualized basis and a yield of 6.3%. General Mills's dividend payout ratio (DPR) is currently 52.47%.

General Mills Company 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.

Want to see what other hedge funds are holding GIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Mills, Inc. (NYSE:GIS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.