Syon Capital LLC Raises Stake in General Mills, Inc. $GIS

Posted by Brenda Bartman on Sep 7th, 2026

Syon Capital LLC grew its stake in General Mills, Inc. (NYSE:GIS – Free Report) by 248.0% in the second quarter, Holdings Channel reports. The fund owned 23,954 shares of the company’s stock after purchasing an additional 17,070 shares during the period. Syon Capital LLC’s holdings in General Mills were worth $834,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of GIS. BlackRock Inc. purchased a new stake in shares of General Mills in the second quarter valued at about $2,181,608,000. State Street Corp raised its stake in General Mills by 0.4% during the third quarter. State Street Corp now owns 33,717,972 shares of the company’s stock worth $1,700,060,000 after purchasing an additional 145,701 shares during the period. Charles Schwab Investment Management Inc. raised its stake in General Mills by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 19,697,919 shares of the company’s stock worth $915,953,000 after purchasing an additional 488,617 shares during the period. Geode Capital Management LLC boosted its holdings in General Mills by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 15,197,534 shares of the company’s stock valued at $704,170,000 after purchasing an additional 172,200 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in General Mills by 2.1% in the 4th quarter. Morgan Stanley now owns 9,837,490 shares of the company’s stock valued at $457,443,000 after purchasing an additional 200,043 shares during the last quarter. Hedge funds and other institutional investors own 75.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GIS. Wells Fargo & Company raised their price target on shares of General Mills from $30.00 to $33.00 and gave the stock an “underweight” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on General Mills from $32.00 to $33.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. Piper Sandler lowered their price objective on General Mills from $45.00 to $41.00 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. BNP Paribas Exane raised their target price on General Mills from $37.00 to $38.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Finally, JPMorgan Chase & Co. lifted their target price on General Mills from $31.00 to $35.00 and gave the company an “underweight” rating in a research report on Thursday, July 2nd. Four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, General Mills has a consensus rating of “Reduce” and an average price target of $39.37.

View Our Latest Stock Report on GIS

General Mills Price Performance

GIS stock opened at $38.36 on Monday. The business’s fifty day moving average price is $37.85 and its 200 day moving average price is $37.16. General Mills, Inc. has a 12-month low of $31.75 and a 12-month high of $51.33. The company has a current ratio of 0.68, a quick ratio of 0.40 and a debt-to-equity ratio of 1.68. The company has a market capitalization of $20.51 billion, a PE ratio of -213.10, a P/E/G ratio of 2.08 and a beta of -0.01.

General Mills (NYSE:GIS – Get Free Report) last announced its earnings results on Wednesday, July 1st. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.15. The company had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $4.59 billion. General Mills had a positive return on equity of 21.37% and a negative net margin of 0.48%.General Mills’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the business posted $0.53 EPS. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. On average, sell-side analysts anticipate that General Mills, Inc. will post 3.06 EPS for the current year.

General Mills Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were paid a $0.61 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $2.44 annualized dividend and a dividend yield of 6.4%. General Mills’s dividend payout ratio (DPR) is presently -1,355.56%.

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.