General Mills (NYSE:GIS) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros, Jr. purchased between $1,001 and $15,000 of General Mills, Inc. (NYSE:GIS) stock on July 3rd, and disclosed this in a filing on August 14th.
• General Mills recently increased its quarterly dividend to $0.61 per share, reflecting an annualized dividend yield of 4.9%.
• Analyst ratings for General Mills show a mix of opinions, with two sell ratings, ten holds, and four buys, indicating an average target price of $59.73.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of General Mills, Inc. (NYSE:GIS). In a filing disclosed on August 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in General Mills stock on July 3rd. 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):

• Sold $1,001 - $15,000 in shares of W.R. Berkley NYSE: WRB on 7/31/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 7/31/2025.
• Purchased $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 7/31/2025.
• Sold $1,001 - $15,000 in shares of Medpace NASDAQ: MEDP on 7/24/2025.
• Sold $1,001 - $15,000 in shares of Avantor NYSE: AVTR on 7/23/2025.
• Purchased $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 7/23/2025.
• Purchased $1,001 - $15,000 in shares of Gulfport Energy NYSE: GPOR on 7/18/2025.
• Purchased $1,001 - $15,000 in shares of Ultragenyx Pharmaceutical NASDAQ: RARE on 7/15/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 7/9/2025.

General Mills Stock Performance

Shares of General Mills stock traded up $0.2880 during trading hours on Friday, reaching $50.0980. 1,333,233 shares of the stock traded hands, compared to its average volume of 5,567,055. The company has a 50 day moving average price of $50.92 and a 200 day moving average price of $55.26. The firm has a market capitalization of $27.17 billion, a price-to-earnings ratio of 12.22, a P/E/G ratio of 1.25 and a beta of -0.01. General Mills, Inc. has a one year low of $48.59 and a one year high of $75.90. The company has a quick ratio of 0.43, a current ratio of 0.67 and a debt-to-equity ratio of 1.38.

General Mills (NYSE:GIS - Get Free Report) last released its quarterly earnings results on Wednesday, June 25th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.02. The business had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.60 billion. General Mills had a return on equity of 24.88% and a net margin of 11.78%.The business's quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 EPS. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. On average, equities research analysts expect that General Mills, Inc. will post 4.36 earnings per share for the current fiscal year.

General Mills Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Thursday, July 10th were paid a dividend of $0.61 per share. The ex-dividend date was Thursday, July 10th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 4.9%. This is an increase from General Mills's previous quarterly dividend of $0.60. General Mills's dividend payout ratio is presently 59.51%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on GIS. The Goldman Sachs Group downgraded General Mills from a "buy" rating to a "neutral" rating and cut their price objective for the company from $68.00 to $58.00 in a research note on Monday, June 9th. Wells Fargo & Company set a $53.00 price target on shares of General Mills and gave the stock an "equal weight" rating in a research report on Thursday, June 26th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $45.00 price objective (down from $53.00) on shares of General Mills in a research note on Wednesday. Wall Street Zen upgraded shares of General Mills from a "sell" rating to a "hold" rating in a research report on Sunday, August 3rd. Finally, Royal Bank Of Canada raised shares of General Mills from a "sector perform" rating to an "outperform" rating and dropped their target price for the stock from $67.00 to $63.00 in a report on Thursday, June 26th. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $59.13.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. grew its holdings in General Mills by 434.8% during the 1st 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 in the last quarter. Norges Bank purchased a new position in General Mills during the 2nd quarter valued at approximately $417,508,000. Diamond Hill Capital Management Inc. purchased a new position in General Mills during the 1st quarter valued at approximately $279,570,000. Pacer Advisors Inc. grew its holdings in General Mills by 4,775.2% during the 1st quarter. Pacer Advisors Inc. now owns 3,443,981 shares of the company's stock valued at $205,916,000 after buying an additional 3,373,338 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in General Mills by 34.5% during the 4th quarter. Ameriprise Financial Inc. now owns 9,123,387 shares of the company's stock valued at $581,903,000 after buying an additional 2,341,137 shares in the last quarter. Hedge funds and other institutional investors own 75.71% of the company's stock.

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.

About General Mills

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.