Rep. Lisa C. McClain Sells General Mills, Inc. (NYSE:GIS) Stock

Key Points

• Representative Lisa C. McClain sold between $1,001 and $15,000 in shares of General Mills, Inc. (NYSE:GIS) on June 24th, part of a series of trades disclosed in August.
• General Mills reported a profit of $0.74 per share for its latest quarter, beating estimates, but had a 3.3% decline in revenue year-over-year.
• The company recently announced a dividend increase to $0.61 per share, providing a 4.9% dividend yield for investors, with a payout ratio of 59.51%.

Representative Lisa C. McClain (R-Michigan) recently sold shares of General Mills, Inc. NYSE: GIS. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in General Mills stock on June 24th.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

General Mills Price Performance

Shares of NYSE GIS traded down $0.02 during trading on Friday, hitting $49.65. The company had a trading volume of 6,919,055 shares, compared to its average volume of 5,226,817. The company has a market cap of $26.93 billion, a P/E ratio of 12.11, a PEG ratio of 1.25 and a beta of -0.01. General Mills, Inc. has a 52 week low of $48.59 and a 52 week high of $75.90. The business's 50-day moving average is $51.31 and its 200 day moving average is $55.52. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.43 and a current ratio of 0.67.

General Mills (NYSE:GIS - Get Free Report) last posted its quarterly earnings results on Wednesday, June 25th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.02. The company had revenue of $4.56 billion for 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 firm's revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.01 earnings per share. Equities research analysts predict that General Mills, Inc. will post 4.36 earnings per share for the current fiscal year.

General Mills Increases Dividend

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

Analyst Ratings Changes

Several research firms have issued reports on GIS. Wells Fargo & Company set a $53.00 price target on General Mills and gave the company an "equal weight" rating in a report on Thursday, June 26th. The Goldman Sachs Group downgraded shares of General Mills from a "buy" rating to a "neutral" rating and cut their target price for the company from $68.00 to $58.00 in a research note on Monday, June 9th. UBS Group cut their target price on shares of General Mills from $52.00 to $49.00 and set a "sell" rating on the stock in a research note on Thursday, June 26th. Barclays cut their target price on shares of General Mills from $60.00 to $54.00 and set an "equal weight" rating on the stock in a research note on Thursday, June 26th. Finally, Stifel Nicolaus cut their target price on shares of General Mills from $65.00 to $56.00 and set a "buy" rating on the stock in a research note on Thursday, June 26th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $59.73.

Hedge Funds Weigh In On General Mills

Several institutional investors and hedge funds have recently modified their holdings of the stock. Evergreen Capital Management LLC boosted its holdings in General Mills by 36.1% in the second quarter. Evergreen Capital Management LLC now owns 21,055 shares of the company's stock worth $1,091,000 after purchasing an additional 5,583 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in General Mills by 7.1% in the second quarter. CANADA LIFE ASSURANCE Co now owns 783,930 shares of the company's stock worth $40,656,000 after purchasing an additional 52,198 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in General Mills in the second quarter worth $84,000. Security National Bank of Sioux City Iowa IA boosted its holdings in General Mills by 0.8% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 36,665 shares of the company's stock worth $1,900,000 after purchasing an additional 305 shares in the last quarter. Finally, Howland Capital Management LLC boosted its holdings in General Mills by 43.4% in the second quarter. Howland Capital Management LLC now owns 14,050 shares of the company's stock worth $728,000 after purchasing an additional 4,250 shares in the last quarter. 75.71% of the stock is currently owned by hedge funds and other institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.

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