Royal Bank Of Canada Has Lowered Expectations for General Mills (NYSE:GIS) Stock Price

Key Points

• Royal Bank of Canada cut its price target on General Mills from $60 to $55 but kept an "outperform" rating, implying roughly a 46% upside from the prior close.
• Analyst sentiment has weakened overall—4 Buys, 11 Holds and 5 Sells—with a MarketBeat consensus rating of "Reduce" and a consensus price target of $48.17, below RBC's target.
• Q3 earnings missed (EPS $0.64 vs. $0.73) and revenue fell about 8.4% year‑over‑year; shares trade near their 12‑month low (~$37.6) and the ~6.3% yield raises questions about dividend sustainability amid margin pressure.

General Mills (NYSE:GIS - Get Free Report) had its target price reduced by analysts at Royal Bank Of Canada from $60.00 to $55.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective suggests a potential upside of 46.39% from the stock's previous close.

GIS has been the subject of several other research reports. Evercore set a $45.00 target price on shares of General Mills in a research note on Wednesday, February 18th. Mizuho set a $47.00 price target on shares of General Mills in a research note on Monday, February 23rd. Morgan Stanley reduced their price objective on shares of General Mills from $47.00 to $44.00 and set an "underweight" rating for the company in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $51.00 target price on shares of General Mills in a report on Thursday, December 18th. Finally, Bank of America lowered General Mills from a "buy" rating to a "neutral" rating and set a $48.00 price target for the company. in a report on Monday, February 23rd. Four analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, General Mills currently has a consensus rating of "Reduce" and a consensus price target of $48.17.

General Mills Stock Performance

NYSE GIS traded down $0.02 on Thursday, hitting $37.57. 1,751,008 shares of the stock traded hands, compared to its average volume of 8,449,740. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.39 and a current ratio of 0.66. The business's fifty day moving average is $44.66 and its two-hundred day moving average is $46.80. General Mills has a 12 month low of $37.17 and a 12 month high of $62.61. The firm has a market capitalization of $20.05 billion, a price-to-earnings ratio of 8.08 and a beta of -0.05.

General Mills (NYSE:GIS - Get Free Report) last issued its earnings results on Wednesday, March 18th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.09). General Mills had a net margin of 13.51% and a return on equity of 21.41%. The firm had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter in the previous year, the firm earned $1.12 earnings per share. The business's quarterly revenue was down 8.4% compared to the same quarter last year. As a group, equities analysts anticipate that General Mills will post 4.36 EPS for the current fiscal year.

Insider Transactions at General Mills

In other General Mills news, insider Paul Joseph Gallagher sold 1,500 shares of the firm's stock in a transaction on Friday, December 19th. The shares were sold at an average price of $48.15, for a total value of $72,225.00. Following the completion of the transaction, the insider directly owned 48,568 shares of the company's stock, valued at $2,338,549.20. This trade represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. World Investment Advisors increased its stake in General Mills by 91.6% in the 4th quarter. World Investment Advisors now owns 17,267 shares of the company's stock worth $803,000 after acquiring an additional 8,257 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of General Mills during the 4th quarter valued at about $26,000. Corient Private Wealth LLC grew its holdings in shares of General Mills by 3.0% during the fourth quarter. Corient Private Wealth LLC now owns 190,783 shares of the company's stock worth $8,882,000 after purchasing an additional 5,593 shares in the last quarter. Union Savings Bank bought a new position in shares of General Mills in the fourth quarter worth approximately $99,000. Finally, Hsbc Holdings PLC increased its position in shares of General Mills by 9.4% in the fourth quarter. Hsbc Holdings PLC now owns 1,269,781 shares of the company's stock worth $59,040,000 after purchasing an additional 109,063 shares during the last quarter. Institutional investors own 75.71% of the company's stock.

General Mills News Roundup

Here are the key news stories impacting General Mills this week:

• Positive Sentiment: General Mills is selling its Brazil business to 3corações as part of a portfolio-sharpening push; investors view the divestiture as a step toward focusing on higher-margin/priority businesses. General Mills sells Brazil unit
• Positive Sentiment: Management framed the earnings call as setting the stage for a turnaround — saying investments and pricing actions should drive an inflection in volumes and market share over time. Earnings call sets stage for recovery
• Neutral Sentiment: Stifel Nicolaus cut its price target from $50 to $44 but left a "buy" rating—still signaling upside vs. the current level despite the reduction. Stifel PT cut
• Neutral Sentiment: General Mills reaffirmed its full‑year guidance that was previously trimmed, offering some near‑term guidance stability even after the Q3 miss. Reaffirms full-year guidance
• Neutral Sentiment: The share price now yields ~6.3%, which attracts income buyers but raises questions about dividend sustainability amid weaker results. Dividend yield commentary
• Negative Sentiment: Q3 miss: EPS $0.64 vs. ~ $0.73 consensus and revenue $4.44B vs. $4.53B; revenue fell ~8% YoY and organic sales were weak — primary driver of the sell‑off. Q3 earnings miss
• Negative Sentiment: Analysts trimmed forecasts and price targets (Barclays to $43; others cut), and some firms flagged a new 1‑year low — adding downward pressure on the stock. Barclays PT cut
• Negative Sentiment: Margins were squeezed by investments in new products and divestiture effects; management expects improvement but near‑term profitability remains pressured. Margins and turnaround costs
• Negative Sentiment: Macro pressure: hotter-than-expected PPI increases input-cost risk for food companies, a headwind for margins if price recovery lags. PPI data

General Mills Company Profile

General Mills, Inc NYSE: GIS is a multinational consumer foods company that develops, manufactures and markets a broad portfolio of branded food products. Its product categories include ready-to-eat and hot cereals, baking mixes and ingredients, snacks and bars, refrigerated and frozen doughs, yogurt and other dairy products, and a variety of shelf-stable meals and meal components. The company's portfolio features widely recognized consumer brands across grocery store, mass channel and foodservice outlets.

Founded in the early 20th century and incorporated under its current name in 1928, General Mills has grown through both internal brand development and strategic expansion to become a global food company.

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