Sigma Planning Corp Boosts Stock Holdings in General Mills, Inc. $GIS

Posted by Francis Steltz on Aug 31st, 2026

Sigma Planning Corp lifted its position in General Mills, Inc. (NYSE:GIS – Free Report) by 71.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 101,528 shares of the company’s stock after acquiring an additional 42,241 shares during the quarter. Sigma Planning Corp’s holdings in General Mills were worth $3,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in General Mills in the second quarter valued at $2,181,608,000. State Street Corp boosted its stake in shares of General Mills by 0.4% during the 3rd 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 in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of General Mills by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 19,697,919 shares of the company’s stock worth $915,953,000 after acquiring an additional 488,617 shares in the last quarter. Geode Capital Management LLC grew its position in shares of General Mills by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 15,197,534 shares of the company’s stock valued at $704,170,000 after acquiring an additional 172,200 shares during the period. Finally, Morgan Stanley grew its position in shares of General Mills by 2.1% during the 4th quarter. Morgan Stanley now owns 9,837,490 shares of the company’s stock valued at $457,443,000 after acquiring an additional 200,043 shares during the period. 75.71% of the stock is owned by hedge funds and other institutional investors.

General Mills Price Performance

GIS opened at $41.55 on Monday. General Mills, Inc. has a twelve month low of $31.75 and a twelve month high of $51.33. The company has a quick ratio of 0.40, a current ratio of 0.68 and a debt-to-equity ratio of 1.68. The company has a 50-day moving average price of $37.32 and a 200 day moving average price of $37.45. The company has a market cap of $22.21 billion, a PE ratio of -230.82 and a beta of -0.03.

General Mills (NYSE:GIS – Get Free Report) last issued its quarterly earnings results on Wednesday, July 1st. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $4.59 billion. During the same period last year, the company posted $0.53 EPS. General Mills’s quarterly revenue was up 1.2% compared to the same quarter last year. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. Sell-side analysts expect that General Mills, Inc. will post 3.06 earnings per share for the current fiscal year.

General Mills Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were given a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Friday, July 10th. General Mills’s dividend payout ratio (DPR) is -1,355.56%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $36.00 price target on shares of General Mills in a report on Tuesday, June 2nd. Barclays dropped their price objective on General Mills from $41.00 to $36.00 and set an “equal weight” rating on the stock in a report on Monday, May 11th. Morgan Stanley cut their price objective on General Mills from $37.00 to $32.00 and set an “underweight” rating for the company in a research report on Friday, June 5th. UBS Group set a $33.00 target price on General Mills in a research note on Monday, July 6th. Finally, Bank of America increased their target price on General Mills from $36.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Four investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $39.16.

Get Our Latest Stock Analysis on GIS

General Mills Company Profile

(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.