185,884 Shares of General Mills, Inc. $GIS Acquired by Howard Capital Management LLC

Posted by Brenda Bartman on Oct 17th, 2026

Howard Capital Management LLC bought a new position in General Mills, Inc. (NYSE:GIS – Free Report) during the 3rd quarter, Holdings Channel reports. The fund bought 185,884 shares of the company’s stock, valued at approximately $5,978,000.

A number of other hedge funds also recently made changes to their positions in GIS. BlackRock Inc. purchased a new position in General Mills during the 2nd quarter valued at approximately $2,181,608,000. Dimensional Fund Advisors LP raised its holdings in shares of General Mills by 2.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,672,503 shares of the company’s stock worth $248,344,000 after acquiring an additional 143,265 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of General Mills by 1.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,200,299 shares of the company’s stock worth $156,335,000 after acquiring an additional 58,608 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of General Mills by 41.0% during the 2nd quarter. HighTower Advisors LLC now owns 4,140,772 shares of the company’s stock valued at $144,099,000 after acquiring an additional 1,203,993 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of General Mills during the 2nd quarter valued at approximately $129,298,000. 75.71% of the stock is currently owned by hedge funds and other institutional investors.

General Mills Trading Up 0.7%

Shares of NYSE GIS traded up $0.24 during trading hours on Friday, hitting $33.12. 9,139,209 shares of the company traded hands, compared to its average volume of 11,910,459. The stock has a market capitalization of $17.71 billion, a price-to-earnings ratio of -19.95, a price-to-earnings-growth ratio of 1.78 and a beta of 0.03. The company has a current ratio of 0.70, a quick ratio of 0.39 and a debt-to-equity ratio of 1.66. The company’s 50 day moving average price is $36.40 and its 200 day moving average price is $35.68. General Mills, Inc. has a 12 month low of $31.17 and a 12 month high of $49.71.

General Mills (NYSE:GIS – Get Free Report) last released its quarterly earnings results on Wednesday, September 23rd. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.03. The company had revenue of $4.39 billion for the quarter, compared to analyst estimates of $4.35 billion. General Mills had a positive return on equity of 21.86% and a negative net margin of 4.89%. General Mills’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 EPS. On average, equities research analysts anticipate that General Mills, Inc. will post 3.08 earnings per share for the current fiscal year.

General Mills Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Tuesday, October 13th will be paid a $0.61 dividend. The ex-dividend date of this dividend is Tuesday, October 13th. This represents a $2.44 annualized dividend and a dividend yield of 7.4%. General Mills’s dividend payout ratio is currently -146.99%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on GIS. Barclays boosted their price target on shares of General Mills from $36.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Friday, September 25th. Sanford C. Bernstein reiterated an “underperform” rating and set a $30.00 price objective on shares of General Mills in a research report on Thursday, September 24th. JPMorgan Chase & Co. lifted their price objective on shares of General Mills from $31.00 to $35.00 and gave the stock an “underweight” rating in a research note on Thursday, July 2nd. Weiss Ratings cut shares of General Mills from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday. Finally, TD Cowen boosted their target price on shares of General Mills from $32.00 to $33.00 and gave the stock a “hold” rating in a report on Thursday, September 24th. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $36.59.

Check Out Our Latest Analysis on GIS

About General Mills

(Free Report)

General Mills, Inc is a global food company that manufactures and markets branded consumer foods. Its products include cereal, snack bars, refrigerated dough, baking mixes, yogurt, soup, meals, frozen foods, and pet food, serving retail, foodservice, and pet channels.

The company’s portfolio includes well-known brands such as Cheerios, Betty Crocker, Pillsbury, Nature Valley, Yoplait, Häagen-Dazs, Old El Paso, Progresso, Totino’s, Annie’s, and Blue Buffalo. General Mills sells its products primarily in the United States and also serves consumers in international markets across multiple regions.

General Mills traces its history to the Minneapolis Milling Company, established in 1856, and adopted the General Mills name following a 1928 combination of several milling businesses.