Resona Asset Management Co. Ltd. cut its position in shares of General Mills, Inc. (NYSE:GIS – Free Report) by 6.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 252,414 shares of the company’s stock after selling 18,258 shares during the period. Resona Asset Management Co. Ltd.’s holdings in General Mills were worth $11,750,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in GIS. Worldquant Millennium Advisors LLC purchased a new position in shares of General Mills during the 2nd quarter worth about $84,862,000. Two Sigma Investments LP boosted its stake in shares of General Mills by 82.8% during the 3rd quarter. Two Sigma Investments LP now owns 3,415,818 shares of the company’s stock worth $172,226,000 after purchasing an additional 1,546,993 shares during the period. Diamond Hill Capital Management Inc. boosted its stake in shares of General Mills by 22.2% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 7,628,421 shares of the company’s stock worth $384,625,000 after purchasing an additional 1,383,913 shares during the period. Invesco Ltd. boosted its stake in shares of General Mills by 13.0% during the 3rd quarter. Invesco Ltd. now owns 7,664,990 shares of the company’s stock worth $386,469,000 after purchasing an additional 883,150 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of General Mills by 1,824.7% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 895,225 shares of the company’s stock worth $41,628,000 after purchasing an additional 848,712 shares during the period. 75.71% of the stock is owned by hedge funds and other institutional investors.
General Mills Price Performance
Shares of GIS opened at $33.66 on Thursday. The company has a 50 day moving average price of $36.05 and a 200-day moving average price of $42.57. General Mills, Inc. has a fifty-two week low of $32.79 and a fifty-two week high of $55.19. The stock has a market capitalization of $17.96 billion, a PE ratio of 8.23 and a beta of -0.02. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.36 and a current ratio of 0.56.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on GIS shares. BTIG Research started coverage on shares of General Mills in a research report on Monday, April 13th. They issued a “neutral” rating for the company. Royal Bank Of Canada lowered their price objective on shares of General Mills from $60.00 to $55.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Barclays lowered their price objective on shares of 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. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of General Mills from $38.00 to $32.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Finally, TD Cowen lowered their price objective on shares of General Mills from $45.00 to $37.00 and set a “hold” rating for the company in a research report on Thursday, March 19th. Four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $42.44.
View Our Latest Stock Analysis on GIS
Key Stories Impacting General Mills
Here are the key news stories impacting General Mills this week:
- Positive Sentiment: General Mills promoted Dana McNabb to Chief Operating Officer effective June 1, a move that could support execution as the company tries to improve growth and adapt to changing snacking trends. The company also highlighted new Gushers fruit snack launches, which may help refresh its product lineup. General Mills Taps New COO As Bold Fruit Snacks Test Growth Story
- Positive Sentiment: One Seeking Alpha piece argued that the stock’s reduced valuation already discounts a lot of risk, suggesting downside may be more limited than before. General Mills: Reduced Valuation Fairly Discounts Risk (Rating Upgrade)
- Neutral Sentiment: General Mills said CFO Kofi Bruce and COO Dana McNabb will speak at the dbAccess Global Consumer Conference on June 4. Investors may watch the webcast for any update on demand trends, pricing, and the company’s outlook, but the announcement itself is routine. General Mills to Webcast Remarks at dbAccess Global Consumer Conference on June 4, 2026
- Neutral Sentiment: Another article noted that sticky inflation could help support pricing, but also said the turnaround still needs proof, reinforcing the view that the recovery story is unconfirmed. General Mills: Sticky Inflation Could Help, But The Turnaround Still Needs Proof
- Negative Sentiment: Bearish commentary is building, with one Seeking Alpha article calling General Mills “fighting a difficult battle,” reflecting ongoing concerns about sales pressure and margin challenges. General Mills Is Fighting A Difficult Battle
- Negative Sentiment: Wells Fargo reportedly cut its price target to $30, adding to pressure on the stock and signaling that analysts see limited near-term upside. General Mills (NYSE:GIS) Given New $30.00 Price Target at Wells Fargo & Company
- Negative Sentiment: General Mills was also mentioned in a broader “52-week lows” consumer-stocks article, underscoring that investors remain worried about the company’s weak price action and operating outlook. NKE, NCLH, GIS stocks hit 52-week lows today: Why are these consumer firms crashing?
Insider Activity at General Mills
In other news, insider Jacqueline Williams-Roll sold 10,000 shares of the company’s 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 owned 86,002 shares of the company’s stock, valued at approximately $2,947,288.54. This represents a 10.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ricardo Fernandez sold 7,995 shares of the company’s stock in a transaction that occurred on 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 sale, the insider directly owned 62,283 shares of the company’s stock, valued at $2,148,763.50. The trade was a 11.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by corporate insiders.
General Mills Profile
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.
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