Moran Wealth Management LLC Purchases 21,701 Shares of General Mills, Inc. $GIS

Moran Wealth Management LLC raised its holdings in shares of General Mills, Inc. (NYSE:GIS) by 9.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 258,987 shares of the company’s stock after purchasing an additional 21,701 shares during the period. Moran Wealth Management LLC’s holdings in General Mills were worth $9,639,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. LBP AM SA bought a new position in General Mills during the fourth quarter worth about $2,639,000. Oak Thistle LLC acquired a new position in shares of General Mills during the 4th quarter worth about $1,320,000. Robeco Institutional Asset Management B.V. increased its stake in shares of General Mills by 1,824.7% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 895,225 shares of the company’s stock valued at $41,628,000 after acquiring an additional 848,712 shares during the last quarter. Korea Investment CORP increased its stake in shares of General Mills by 161.9% in the 3rd quarter. Korea Investment CORP now owns 333,199 shares of the company’s stock valued at $16,800,000 after acquiring an additional 205,981 shares during the last quarter. Finally, HF Advisory Group LLC increased its stake in shares of General Mills by 550.2% in the 4th quarter. HF Advisory Group LLC now owns 79,156 shares of the company’s stock valued at $3,681,000 after acquiring an additional 66,981 shares during the last quarter. Institutional investors own 75.71% of the company’s stock.

General Mills Stock Down 0.2%

Shares of GIS stock opened at $37.50 on Friday. The firm has a fifty day moving average of $34.28 and a 200-day moving average of $39.80. The company has a quick ratio of 0.36, a current ratio of 0.68 and a debt-to-equity ratio of 1.68. General Mills, Inc. has a 12-month low of $31.75 and a 12-month high of $54.01. The company has a market capitalization of $20.01 billion, a price-to-earnings ratio of -208.31 and a beta of -0.03.

General Mills (NYSE:GIS) last posted its quarterly earnings data on Wednesday, July 1st. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.80 by $0.15. The business had revenue of $4.61 billion for the quarter, compared to analysts’ expectations of $4.59 billion. General Mills had a negative net margin of 0.48% and a positive return on equity of 21.37%. The firm’s revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.53 EPS. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. As a group, equities research analysts predict that General Mills, Inc. will post 3.06 earnings per share for the current fiscal year.

General Mills Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.44 annualized dividend and a dividend yield of 6.5%. General Mills’s dividend payout ratio (DPR) is currently -1,355.56%.

Insider Transactions at General Mills

In related news, insider Ricardo Fernandez sold 7,995 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $34.50, for a total transaction of $275,827.50. Following the completion of the transaction, the insider directly owned 62,283 shares in the company, valued at approximately $2,148,763.50. This trade represents a 11.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jacqueline Williams-Roll sold 10,000 shares of General Mills stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $34.27, for a total value of $342,700.00. Following the completion of the sale, the insider directly owned 86,002 shares in the company, valued at approximately $2,947,288.54. This represents a 10.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

GIS has been the topic of several recent analyst reports. Sanford C. Bernstein lowered shares of General Mills from a “market perform” rating to an “underperform” rating and set a $31.00 price objective on the stock. in a research note on Wednesday, June 3rd. Barclays lowered their target price on shares of General Mills from $41.00 to $36.00 and set an “equal weight” rating for the company in a research note on Monday, May 11th. UBS Group cut their target price on shares of General Mills from $35.00 to $30.00 and set a “sell” rating on the stock in a report on Tuesday, June 2nd. Wells Fargo & Company lifted their price target on shares of General Mills from $30.00 to $33.00 and gave the stock an “underweight” rating in a research report on Thursday. Finally, Weiss Ratings raised shares of General Mills from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday. Four analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $39.00.

General Mills News Summary

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

• Positive Sentiment: General Mills reported Q4 EPS of $0.95 on revenue of $4.61 billion, both ahead of estimates, which helped lift sentiment toward the stock. General Mills (GIS) Stock Trades Up, Here Is Why
• Positive Sentiment: Management said it is targeting up to $3 billion in cost savings by fiscal 2030 and shifting toward innovation, which investors may view as a margin and earnings tailwind. General Mills Inc (GIS) Q4 2026 Earnings Call Highlights
• Positive Sentiment: The company also introduced product initiatives such as Reese’s Puffs and Honey Nut Cheerios Protein, reinforcing its effort to refresh the portfolio and support sales growth. General Mills (GIS) Launches Reese’s Puffs GloRilla Tie Up And Honey Nut Cheerios Protein
• Neutral Sentiment: Several brokers raised price targets after the earnings release, but ratings were still mostly neutral or negative, signaling that Wall Street sees limited upside until growth improves. These Analysts Increase Their Forecasts On General Mills After Upbeat Q4 Results
• Neutral Sentiment: Wells Fargo reiterated a Sell rating, while other firms such as JPMorgan, Deutsche Bank, Barclays, and Bank of America maintained cautious stances, highlighting ongoing concerns about weak sales growth and execution. Wells Fargo Remains a Sell on General Mills (GIS)
• Negative Sentiment: Analysts continue to flag “less bad” guidance and structural concerns, indicating the market still doubts a durable demand rebound for General Mills. General Mills Beats, But ‘Less Bad’ Outlook Leaves Analyst Unimpressed

About General Mills

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.