Oak Thistle LLC Purchases New Shares in General Mills, Inc. $GIS

Key Points

• Oak Thistle LLC purchased a new stake of 28,383 shares in General Mills (NYSE:GIS) in Q4, valued at about $1.32 million, and overall institutional investors own roughly 75.71% of the stock.
• General Mills missed the quarter with EPS $0.64 vs. $0.73 expected and revenue $4.44B vs. $4.53B (revenue down 8.4% YoY), gave FY‑2026 EPS guidance slightly below Street estimates, and has seen analyst downgrades that contributed to a consensus "Reduce" tilt and about a 21% YTD share decline.
• The company declared a quarterly dividend of $0.61 (annualized $2.44), implying a 6.7% yield with an ex‑dividend/record date of April 10 and a payout ratio near 59.7%.

Oak Thistle LLC purchased a new stake in General Mills, Inc. (NYSE:GIS - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 28,383 shares of the company's stock, valued at approximately $1,320,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Austin Private Wealth LLC raised its position in General Mills by 5.0% in the 3rd quarter. Austin Private Wealth LLC now owns 4,442 shares of the company's stock valued at $224,000 after buying an additional 211 shares during the last quarter. Retirement Planning Co of New England Inc. raised its position in General Mills by 4.2% in the 3rd quarter. Retirement Planning Co of New England Inc. now owns 5,416 shares of the company's stock valued at $273,000 after buying an additional 219 shares during the last quarter. Smith Moore & CO. raised its position in General Mills by 2.6% in the 3rd quarter. Smith Moore & CO. now owns 8,785 shares of the company's stock valued at $443,000 after buying an additional 225 shares during the last quarter. Stonebridge Capital Advisors LLC raised its position in General Mills by 0.7% in the 2nd quarter. Stonebridge Capital Advisors LLC now owns 32,843 shares of the company's stock valued at $1,702,000 after buying an additional 226 shares during the last quarter. Finally, Tempus Wealth Planning LLC raised its position in General Mills by 5.7% in the 3rd quarter. Tempus Wealth Planning LLC now owns 4,297 shares of the company's stock valued at $217,000 after buying an additional 231 shares during the last quarter. 75.71% of the stock is owned by hedge funds and other institutional investors.

General Mills Stock Up 0.2%

Shares of NYSE:GIS opened at $36.69 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.56 and a quick ratio of 0.36. The company has a market capitalization of $19.58 billion, a PE ratio of 8.97 and a beta of 0.01. General Mills, Inc. has a 1 year low of $35.63 and a 1 year high of $59.21. The business has a fifty day moving average price of $42.25 and a two-hundred day moving average price of $45.39.

General Mills (NYSE:GIS - Get Free Report) last posted its quarterly earnings results on Wednesday, March 18th. The company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.09). The firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.53 billion. General Mills had a return on equity of 19.19% and a net margin of 12.05%.The firm's revenue was down 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 EPS. Analysts forecast that General Mills, Inc. will post 4.36 earnings per share for the current year.

General Mills Dividend Announcement

The company also recently declared 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 is Friday, April 10th. This represents a $2.44 annualized dividend and a dividend yield of 6.7%. General Mills's dividend payout ratio is presently 59.66%.

Wall Street Analyst Weigh In

GIS has been the subject of a number of recent analyst reports. Sanford C. Bernstein reduced their price objective on General Mills from $53.00 to $48.00 and set a "market perform" rating for the company in a research note on Wednesday, February 18th. JPMorgan Chase & Co. reduced their price objective on General Mills from $42.00 to $36.00 and set an "underweight" rating for the company in a research note on Thursday, March 19th. Stifel Nicolaus reduced their price objective on General Mills from $50.00 to $44.00 and set a "buy" rating for the company in a research note on Thursday, March 19th. Piper Sandler reduced their price objective on General Mills from $53.00 to $45.00 and set an "overweight" rating for the company in a research note on Thursday, March 19th. Finally, Royal Bank Of Canada reduced their price objective on General Mills from $60.00 to $55.00 and set an "outperform" rating for the company in a research note on Thursday, March 19th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price of $43.44.

General Mills News Roundup

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

• Positive Sentiment: Inclusion on a list of “15 Blue Chip Stocks with Highest Dividends” highlights GIS’s income appeal for yield-seeking investors, which can provide a valuation floor and attract long-term buyers. Article Title
• Negative Sentiment: Coverage and market commentary note GIS is down ~21% YTD as weak demand, margin compression and rising input costs weighed on results and cloud the near-term recovery outlook — a key reason investors remain cautious. Article Title
• Negative Sentiment: The company updated FY‑2026 EPS guidance to a range of $3.370–$3.540, which sits slightly below the Street consensus (~$3.51). The lower tilt to guidance increases near-term earnings risk and is likely weighing on sentiment.
• Negative Sentiment: Wells Fargo cut its rating to Underweight and trimmed its price target to $33 (from $35), signalling analyst skepticism and adding selling pressure from institutional desks. Article Title
• Negative Sentiment: Brokerage coverage consensus shows a “Reduce” tilt, reinforcing downward pressure from multiple sell-side voices and reducing conviction among growth investors. Article Title

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.

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