General Mills, Inc. (NYSE:GIS) Receives $39.16 Average Price Target from Brokerages

Posted by Geri Gentry on Aug 14th, 2026

General Mills, Inc. (NYSE:GIS – Get Free Report) has been given an average recommendation of “Reduce” by the twenty-two research firms that are currently covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $39.1579.

Several research firms have recently issued reports on GIS. BNP Paribas Exane upped their price target on General Mills from $37.00 to $38.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Jefferies Financial Group raised their price objective on General Mills from $33.00 to $36.00 and gave the company a “hold” rating in a research note on Wednesday, July 1st. Wells Fargo & Company boosted their target price on General Mills from $30.00 to $33.00 and gave the stock an “underweight” rating in a report on Thursday, July 2nd. Barclays decreased their target price on General Mills from $41.00 to $36.00 and set an “equal weight” rating for the company in a research report on Monday, May 11th. Finally, Bank of America lifted their price target on shares of General Mills from $36.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd.

Read Our Latest Report on GIS

General Mills Trading Up 1.8%

Shares of NYSE:GIS opened at $38.87 on Tuesday. The stock has a market capitalization of $20.75 billion, a PE ratio of -215.94 and a beta of -0.03. General Mills has a 1 year low of $31.75 and a 1 year high of $51.33. The firm has a fifty day moving average price of $35.98 and a 200 day moving average price of $37.96. The company has a current ratio of 0.68, a quick ratio of 0.40 and a debt-to-equity ratio of 1.68.

General Mills (NYSE:GIS – Get Free Report) last posted its earnings results on Wednesday, July 1st. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.80 by $0.15. General Mills had a negative net margin of 0.48% and a positive return on equity of 21.37%. The firm had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.59 billion. During the same period in the prior year, the business posted $0.53 earnings per share. The business’s quarterly revenue was up 1.2% on a year-over-year basis. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. Analysts expect that General Mills will post 3.07 EPS for the current fiscal year.

General Mills Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend was Friday, July 10th. General Mills’s dividend payout ratio is currently -1,355.56%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Schwarz Dygos Wheeler Investment Advisors LLC boosted its holdings in General Mills by 1.9% during the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 12,153 shares of the company’s stock valued at $565,000 after acquiring an additional 225 shares during the period. Allegheny Financial Group boosted its stake in General Mills by 4.8% during the 4th quarter. Allegheny Financial Group now owns 4,904 shares of the company’s stock valued at $228,000 after purchasing an additional 226 shares during the period. Stonebridge Capital Advisors LLC boosted its stake in General Mills by 0.7% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 32,843 shares of the company’s stock valued at $1,702,000 after purchasing an additional 226 shares during the period. Robertson Stephens Wealth Management LLC grew its holdings in General Mills by 3.7% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 6,879 shares of the company’s stock valued at $320,000 after buying an additional 247 shares during the last quarter. Finally, Montag A & Associates Inc. grew its holdings in General Mills by 5.7% in the 4th quarter. Montag A & Associates Inc. now owns 4,648 shares of the company’s stock valued at $216,000 after buying an additional 249 shares during the last quarter. Institutional investors own 75.71% of the company’s stock.

About General Mills

(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.