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

Key Points

• Rep. Gilbert Ray Cisneros, Jr. sold between $1,001 and $15,000 in General Mills stock on August 5th, as disclosed in a filing on September 12th.
• General Mills recently reported earnings with an EPS of $0.74, surpassing estimates, but its revenue fell short of expectations at $4.56 billion, marking a 3.3% decline year-over-year.
• The company has announced a quarterly dividend increase to $0.61 per share, reflecting a 4.9% dividend yield and a payout ratio of 59.51%.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of General Mills, Inc. (NYSE:GIS). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in General Mills stock on August 5th. 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):

• Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 9/2/2025.
• Sold $1,001 - $15,000 in shares of Chart Industries NYSE: GTLS on 9/2/2025.
• Purchased $1,001 - $15,000 in shares of Avient NYSE: AVNT on 9/2/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/27/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 8/26/2025.
• Sold $1,001 - $15,000 in shares of Fortive NYSE: FTV on 8/26/2025.

General Mills Stock Up 1.3%

Shares of General Mills stock traded up $0.62 during trading hours on Tuesday, reaching $49.63. 8,108,066 shares of the company's stock were exchanged, compared to its average volume of 5,586,171. The company has a current ratio of 0.67, a quick ratio of 0.43 and a debt-to-equity ratio of 1.38. The company has a 50 day moving average of $49.92 and a two-hundred day moving average of $54.05. The stock has a market cap of $26.92 billion, a P/E ratio of 12.10, a P/E/G ratio of 1.26 and a beta of -0.02. General Mills, Inc. has a fifty-two week low of $48.29 and a fifty-two week high of $75.66.

General Mills (NYSE:GIS - Get Free Report) last issued its quarterly earnings results on Wednesday, June 25th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. The firm had revenue of $4.56 billion during the quarter, compared to analysts' expectations 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 prior year, the firm posted $1.01 earnings per share. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. On average, sell-side analysts forecast that General Mills, Inc. will post 4.36 EPS for the current fiscal year.

General Mills Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Stockholders 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 a positive change from General Mills's previous quarterly dividend of $0.60. General Mills's dividend payout ratio (DPR) is currently 59.51%.

Hedge Funds Weigh In On General Mills

Several hedge funds and other institutional investors have recently modified their holdings of GIS. Vanguard Group Inc. raised its stake in General Mills by 0.8% during the second quarter. Vanguard Group Inc. now owns 69,346,225 shares of the company's stock worth $3,592,828,000 after acquiring an additional 581,045 shares in the last quarter. State Street Corp increased its position in General Mills by 0.8% during the 2nd quarter. State Street Corp now owns 33,572,271 shares of the company's stock worth $1,739,379,000 after purchasing an additional 250,113 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in General Mills by 1.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 19,307,064 shares of the company's stock valued at $1,000,299,000 after purchasing an additional 265,870 shares during the last quarter. Geode Capital Management LLC boosted its position in General Mills by 1.1% in the second quarter. Geode Capital Management LLC now owns 15,173,940 shares of the company's stock valued at $786,954,000 after buying an additional 170,587 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in General Mills by 8.1% in 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 in the last quarter. Institutional investors own 75.71% of the company's stock.

Wall Street Analyst Weigh In

GIS has been the topic of several analyst reports. Barclays dropped their price target on shares of General Mills from $60.00 to $54.00 and set an "equal weight" rating on the stock in a research report on Thursday, June 26th. Zacks Research raised General Mills from a "strong sell" rating to a "hold" rating in a research report on Tuesday, September 2nd. The Goldman Sachs Group downgraded shares of General Mills from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $68.00 to $58.00 in a report on Monday, June 9th. Wells Fargo & Company set a $53.00 price target on shares of General Mills and gave the company an "equal weight" rating in a report on Thursday, June 26th. Finally, Royal Bank Of Canada upgraded General Mills from a "sector perform" rating to an "outperform" rating and reduced their price objective for the stock from $67.00 to $63.00 in a report on Thursday, June 26th. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $58.93.

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.

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.

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