General Mills (NYSE:GIS) Stock Acquired Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of General Mills, Inc. NYSE: GIS. In a filing disclosed on May 31st, the Representative disclosed that they had bought between $1,001 and $15,000 in General Mills stock on May 15th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zimmer Biomet NYSE: ZBH on 5/15/2025.
• Sold $15,001 - $50,000 in shares of Elevance Health NYSE: ELV on 5/15/2025.
• Sold $15,001 - $50,000 in shares of PepsiCo NASDAQ: PEP on 5/15/2025.
• Sold $1,001 - $15,000 in shares of WEC Energy Group NYSE: WEC on 5/15/2025.
• Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/15/2025.
• Purchased $1,001 - $15,000 in shares of Hershey NYSE: HSY on 5/15/2025.
• Purchased $1,001 - $15,000 in shares of Kraft Heinz NASDAQ: KHC on 5/15/2025.
• Sold $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 5/15/2025.
• Sold $1,001 - $15,000 in shares of Danaher NYSE: DHR on 5/15/2025.
• Sold $1,001 - $15,000 in shares of International Flavors & Fragrances NYSE: IFF on 5/15/2025.

General Mills Stock Up 0.4%

Shares of General Mills stock traded up $0.21 during trading on Friday, reaching $54.76. 2,929,888 shares of the company traded hands, compared to its average volume of 4,523,776. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.92 and a quick ratio of 0.67. General Mills, Inc. has a 1-year low of $52.39 and a 1-year high of $75.90. The company has a 50 day moving average price of $55.95 and a 200-day moving average price of $59.72. The firm has a market capitalization of $30.19 billion, a PE ratio of 11.90, a P/E/G ratio of 1.94 and a beta of 0.02.

General Mills (NYSE:GIS - Get Free Report) last released its earnings results on Wednesday, March 19th. The company reported $1.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.96 by $0.04. General Mills had a net margin of 13.08% and a return on equity of 27.55%. The company had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same quarter in the previous year, the company earned $1.17 EPS. General Mills's quarterly revenue was down 5.1% compared to the same quarter last year. As a group, equities research analysts expect that General Mills, Inc. will post 4.36 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on GIS shares. Piper Sandler dropped their price objective on shares of General Mills from $84.00 to $71.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 25th. Morgan Stanley started coverage on shares of General Mills in a research note on Monday, March 24th. They issued an "underweight" rating and a $53.00 price objective on the stock. Stifel Nicolaus dropped their price objective on shares of General Mills from $72.00 to $65.00 and set a "buy" rating on the stock in a research note on Wednesday, February 19th. UBS Group dropped their price objective on shares of General Mills from $54.00 to $52.00 and set a "sell" rating on the stock in a research note on Friday. Finally, Bank of America dropped their price objective on shares of General Mills from $70.00 to $68.00 and set a "buy" rating on the stock in a research note on Thursday, March 20th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, General Mills presently has an average rating of "Hold" and an average price target of $64.56.

Hedge Funds Weigh In On General Mills

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in General Mills by 2.8% during the fourth quarter. Vanguard Group Inc. now owns 68,630,598 shares of the company's stock valued at $4,376,573,000 after buying an additional 1,868,508 shares during the period. Charles Schwab Investment Management Inc. grew its position in General Mills by 434.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 19,041,194 shares of the company's stock valued at $1,138,473,000 after buying an additional 15,480,835 shares during the period. Geode Capital Management LLC grew its position in General Mills by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 14,488,451 shares of the company's stock valued at $923,907,000 after buying an additional 136,895 shares during the period. Ameriprise Financial Inc. grew its position in General Mills by 8.1% during the first quarter. Ameriprise Financial Inc. now owns 9,864,819 shares of the company's stock valued at $589,814,000 after buying an additional 741,432 shares during the period. Finally, Northern Trust Corp grew its position in General Mills by 18.4% during the fourth quarter. Northern Trust Corp now owns 8,061,793 shares of the company's stock valued at $514,101,000 after buying an additional 1,253,483 shares during the period. Institutional investors own 75.71% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

General Mills Company Profile

General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.