Steel Grove Capital Advisors LLC Acquires Shares of 28,111 General Mills, Inc. $GIS

Posted by Brenda Bartman on May 27th, 2026

Steel Grove Capital Advisors LLC acquired a new stake in General Mills, Inc. (NYSE:GIS – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 28,111 shares of the company’s stock, valued at approximately $1,307,000.

Other institutional investors have also recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC bought a new position in General Mills in the 3rd quarter valued at $25,000. Close Asset Management Ltd bought a new position in General Mills in the 3rd quarter valued at $28,000. Activest Wealth Management raised its position in General Mills by 211.7% in the 4th quarter. Activest Wealth Management now owns 695 shares of the company’s stock valued at $32,000 after purchasing an additional 472 shares during the last quarter. Binnacle Investments Inc raised its position in General Mills by 312.5% in the 3rd quarter. Binnacle Investments Inc now owns 660 shares of the company’s stock valued at $33,000 after purchasing an additional 500 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its position in General Mills by 190.2% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 737 shares of the company’s stock valued at $34,000 after purchasing an additional 483 shares during the last quarter. Institutional investors own 75.71% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on GIS. Bank of America downgraded General Mills from a “buy” rating to a “neutral” rating and set a $48.00 target price for the company. in a research report on Monday, February 23rd. Royal Bank Of Canada dropped their target price on General Mills from $60.00 to $55.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft dropped their target price on General Mills from $38.00 to $32.00 and set a “hold” rating for the company in a research report on Monday, March 30th. TD Cowen dropped their target price on General Mills from $45.00 to $37.00 and set a “hold” rating for the company in a research report on Thursday, March 19th. Finally, Stifel Nicolaus dropped their target price on General Mills from $44.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating, eleven have given a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, General Mills has an average rating of “Reduce” and a consensus target price of $42.44.

View Our Latest Report on GIS

General Mills Trading Down 1.5%

GIS stock opened at $33.17 on Wednesday. The business has a fifty day moving average of $35.50 and a 200-day moving average of $42.21. The company has a market cap of $17.70 billion, a P/E ratio of 8.11 and a beta of -0.02. The company has a quick ratio of 0.36, a current ratio of 0.56 and a debt-to-equity ratio of 1.17. General Mills, Inc. has a twelve month low of $32.64 and a twelve month high of $55.19.

General Mills (NYSE:GIS – Get Free Report) last released its quarterly earnings data on Wednesday, March 18th. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.09). The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.53 billion. General Mills had a net margin of 12.05% and a return on equity of 19.19%. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.12 EPS. As a group, equities research analysts expect that General Mills, Inc. will post 3.43 EPS for the current year.

Insider Transactions at General Mills

In related news, insider Ricardo Fernandez sold 7,995 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $34.50, for a total value of $275,827.50. Following the completion of the sale, the insider owned 62,283 shares in the company, valued at approximately $2,148,763.50. This represents a 11.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Jacqueline Williams-Roll sold 10,000 shares of the company’s stock in a transaction dated 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 $2,947,288.54. This represents a 10.42% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.30% of the company’s stock.

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.