Key Points
- Insider sale: Paul Joseph Gallagher sold 1,500 shares on Dec. 19 at an average price of $48.15 for $72,225, trimming his stake by about 3% to 48,568 shares.
- Quarterly results: On Dec. 17 General Mills reported EPS of $1.10 (vs. $1.03 est.) and revenue of $4.86B (vs. $4.78B est.), though revenue was down 7.2% year-over-year, and management set FY2026 EPS guidance of 3.580–3.790.
- Dividend announced: The company declared a quarterly dividend of $0.61 (annualized $2.44) payable Feb. 2 with an ex-dividend date of Jan. 9, implying a yield of about 5.2%.
General Mills, Inc. (NYSE:GIS - Get Free Report) insider Paul Joseph Gallagher sold 1,500 shares of the company's stock in a transaction dated 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 owned 48,568 shares in the company, valued at $2,338,549.20. This represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
General Mills Stock Performance
GIS stock opened at $46.62 on Wednesday. The firm has a 50 day simple moving average of $47.16 and a 200 day simple moving average of $49.40. General Mills, Inc. has a 52 week low of $45.15 and a 52 week high of $67.35. The stock has a market cap of $24.87 billion, a P/E ratio of 10.02, a P/E/G ratio of 0.88 and a beta of -0.07. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.39 and a current ratio of 0.66.
General Mills (NYSE:GIS - Get Free Report) last released its earnings results on Wednesday, December 17th. The company reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.07. The company had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.78 billion. General Mills had a net margin of 13.51% and a return on equity of 21.41%. The company's revenue was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.40 EPS. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Research analysts anticipate that General Mills, Inc. will post 4.36 earnings per share for the current fiscal year.
General Mills Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Friday, January 9th will be given a dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, January 9th. This represents a $2.44 dividend on an annualized basis and a yield of 5.2%. General Mills's dividend payout ratio (DPR) is presently 52.47%.
Institutional Trading of General Mills
Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in General Mills by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 69,346,225 shares of the company's stock worth $3,592,828,000 after buying an additional 581,045 shares during the period. State Street Corp grew its stake in shares of General Mills by 0.4% in the third quarter. State Street Corp now owns 33,717,972 shares of the company's stock worth $1,700,060,000 after acquiring an additional 145,701 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in General Mills by 1.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 19,307,064 shares of the company's stock worth $1,000,299,000 after acquiring an additional 265,870 shares during the period. Geode Capital Management LLC raised its stake in General Mills by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 15,173,940 shares of the company's stock valued at $786,954,000 after purchasing an additional 170,587 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in General Mills by 15.9% in the 3rd quarter. Nordea Investment Management AB now owns 9,956,665 shares of the company's stock valued at $494,548,000 after purchasing an additional 1,368,041 shares during the period. Institutional investors own 75.71% of the company's stock.
Analyst Ratings Changes
A number of equities analysts recently commented on GIS shares. Sanford C. Bernstein set a $54.00 price objective on General Mills and gave the stock a "market perform" rating in a report on Thursday, December 18th. Bernstein Bank cut their price target on shares of General Mills from $55.00 to $54.00 and set a "market perform" rating on the stock in a report on Thursday, September 18th. Wall Street Zen raised shares of General Mills from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Piper Sandler reissued an "overweight" rating and set a $60.00 target price on shares of General Mills in a research report on Thursday, December 18th. Finally, Wells Fargo & Company raised their target price on General Mills from $50.00 to $51.00 and gave the company an "equal weight" rating in a report on Thursday, December 18th. Five analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $53.44.
Check Out Our Latest Analysis on GIS
General Mills Company Profile
(
Get Free Report)
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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