General Mills, Inc. (NYSE:GIS) Given Consensus Rating of "Reduce" by Brokerages

Key Points

• General Mills has a consensus analyst rating of "Reduce", with 7 sell ratings, 11 holds, and 4 buys across 22 brokerages. The average 1-year price target is about $39.16.
• The company recently beat quarterly earnings expectations, reporting EPS of $0.95 versus $0.80 expected and revenue of $4.61 billion versus $4.59 billion expected. General Mills also raised FY2027 guidance to 3.00–3.20 EPS.
• General Mills continues to attract attention from both investors and analysts: it pays a 6.3% dividend yield, while insiders recently sold shares and institutional ownership remains high at 75.71%. Recent news also includes a regenerative agriculture partnership with ADM and Walmart and new Totino’s product launches.

Shares of General Mills, Inc. (NYSE:GIS - Get Free Report) have earned an average rating of "Reduce" from the twenty-two brokerages that are currently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $39.1579.

Several equities analysts recently issued reports on the stock. Weiss Ratings upgraded shares of General Mills from a "sell (d)" rating to a "sell (d+)" rating in a research note on Thursday, July 2nd. Wells Fargo & Company raised their price target on shares of General Mills from $30.00 to $33.00 and gave the company an "underweight" rating in a research report on Thursday, July 2nd. Sanford C. Bernstein cut shares of General Mills from a "market perform" rating to an "underperform" rating and set a $31.00 price objective for the company. in a report on Wednesday, June 3rd. BTIG Research started coverage on shares of General Mills in a research report on Monday, April 13th. They issued a "neutral" rating for the company. Finally, 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 note on Thursday, March 19th.

Insider Buying and Selling

In other General Mills news, insider Ricardo Fernandez sold 7,995 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $34.50, for a total transaction of $275,827.50. Following the transaction, the insider owned 62,283 shares in the company, valued at approximately $2,148,763.50. This represents a 11.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jacqueline Williams-Roll sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $34.27, for a total value of $342,700.00. Following the completion of the sale, the insider directly owned 86,002 shares in the company, valued at approximately $2,947,288.54. The trade was a 10.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.30% of the company's stock.

Institutional Investors Weigh In On General Mills

A number of institutional investors have recently added to or reduced their stakes in the stock. LBP AM SA purchased a new stake in General Mills during the 4th quarter worth approximately $2,639,000. Oak Thistle LLC purchased a new position in shares of General Mills in the fourth quarter valued at approximately $1,320,000. Robeco Institutional Asset Management B.V. lifted its position in shares of General Mills by 1,824.7% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 895,225 shares of the company's stock valued at $41,628,000 after acquiring an additional 848,712 shares in the last quarter. HF Advisory Group LLC boosted its stake in shares of General Mills by 550.2% in the fourth quarter. HF Advisory Group LLC now owns 79,156 shares of the company's stock worth $3,681,000 after acquiring an additional 66,981 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of General Mills by 13.1% in the fourth quarter. BNP Paribas Financial Markets now owns 1,246,997 shares of the company's stock worth $57,985,000 after acquiring an additional 144,631 shares during the last quarter. Institutional investors and hedge funds own 75.71% of the company's stock.

General Mills News Roundup

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

• Positive Sentiment: General Mills, ADM, and Walmart announced a collaboration to expand regenerative agriculture across 40,000 Midwest wheat acres, which could support longer-term supply chain resilience, sourcing reliability, and sustainability branding. General Mills, ADM, Walmart Partner to Accelerate Regenerative Agriculture Across 40,000 Midwest Wheat Acres
• Positive Sentiment: Zacks Research raised some longer-term earnings estimates for GIS, including FY2029 and Q4 2027, suggesting analysts still see earnings growth potential over time.
• Positive Sentiment: General Mills also introduced new Totino’s Pizza Rolls and Ultimate Pizza flavors, a product refresh that may help support demand in the frozen-snacks aisle and improve consumer engagement. Totino's™ Brings Fan-Favorite Snack Hacks to Life with New Pizza Rolls™ and Ultimate Pizza™ Flavors
• Neutral Sentiment: Recent articles about GIS as a dividend stock may be supporting investor interest, but they do not appear to be a company-specific catalyst. Wall Street Is Sleeping on These 5 Quality Dividend Stocks: Grab Them Now Before It's Too Late
• Negative Sentiment: Several Zacks Research updates cut near- and medium-term earnings estimates for FY2027 and FY2028, while a separate article labeled General Mills a “Bear of the Day,” reinforcing concerns about consumer trends, health-focused demand shifts, and earnings pressure. Bear of the Day: General Mills (GIS)

General Mills Stock Up 3.6%

General Mills stock opened at $38.56 on Friday. The business's 50-day moving average price is $34.58 and its 200 day moving average price is $39.07. The company has a quick ratio of 0.40, a current ratio of 0.68 and a debt-to-equity ratio of 1.68. The firm has a market cap of $20.58 billion, a price-to-earnings ratio of -214.22 and a beta of -0.03. General Mills has a 52 week low of $31.75 and a 52 week high of $51.68.

General Mills (NYSE:GIS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 1st. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.15. The company had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $4.59 billion. General Mills had a positive return on equity of 21.37% and a negative net margin of 0.48%.General Mills's revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. As a group, sell-side analysts anticipate that General Mills will post 3.07 earnings per share for the current year.

General Mills Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a $0.61 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.44 dividend on an annualized basis and a yield of 6.3%. General Mills's dividend payout ratio is presently -1,355.56%.

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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