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

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of General Mills, Inc. NYSE: GIS. In a filing disclosed on April 28th, the Representative disclosed that they had sold between $1,001 and $15,000 in General Mills stock on April 8th. 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 DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
• Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Best Buy NYSE: BBY on 4/8/2025.
• Sold $1,001 - $15,000 in shares of EOG Resources NYSE: EOG on 4/8/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Valero Energy NYSE: VLO on 4/8/2025.

General Mills Price Performance

Shares of GIS traded down $0.16 during midday trading on Friday, reaching $55.42. The stock had a trading volume of 3,512,083 shares, compared to its average volume of 4,414,826. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.92 and a quick ratio of 0.67. The company has a market capitalization of $30.55 billion, a P/E ratio of 12.05, a P/E/G ratio of 1.94 and a beta of 0.15. The firm's 50 day moving average price is $58.90 and its 200-day moving average price is $61.80. General Mills, Inc. has a 52 week low of $55.01 and a 52 week high of $75.90.

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

Analyst Upgrades and Downgrades

GIS has been the topic of a number of recent research reports. Bank of America decreased their target price on General Mills from $70.00 to $68.00 and set a "buy" rating on the stock in a report on Thursday, March 20th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $70.00 price objective on shares of General Mills in a research note on Monday, March 17th. Citigroup dropped their target price on shares of General Mills from $60.00 to $58.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. Stifel Nicolaus reduced their price target on shares of General Mills from $72.00 to $65.00 and set a "buy" rating for the company in a research report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. cut their target price on shares of General Mills from $60.00 to $54.00 and set a "neutral" rating on the stock in a research note on Thursday, March 20th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, General Mills has a consensus rating of "Hold" and a consensus price target of $65.00.

Institutional Investors Weigh In On General Mills

Several large investors have recently made changes to their positions in GIS. Endeavor Private Wealth Inc. acquired a new position in shares of General Mills during the 4th quarter worth $26,000. CBIZ Investment Advisory Services LLC acquired a new position in General Mills during the fourth quarter worth $30,000. Kohmann Bosshard Financial Services LLC acquired a new position in General Mills during the fourth quarter worth $31,000. Transce3nd LLC bought a new position in General Mills during the fourth quarter valued at about $32,000. Finally, VSM Wealth Advisory LLC bought a new stake in shares of General Mills during the 4th quarter worth about $32,000. Institutional investors own 75.71% of the company's stock.

Insider Transactions at General Mills

In related news, CEO Jeffrey L. Harmening sold 11,379 shares of the firm's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $65.00, for a total value of $739,635.00. Following the transaction, the chief executive officer now directly owns 353,346 shares in the company, valued at approximately $22,967,490. This trade represents a 3.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.26% of the stock is currently owned by corporate insiders.

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.