Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of General Mills, Inc. (NYSE:GIS). In a filing disclosed on July 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in General Mills stock on June 16th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 6/30/2026.
- Purchased $1,001 – $15,000 in shares of Texas Roadhouse (NASDAQ:TXRH) on 6/30/2026.
- Purchased $1,001 – $15,000 in shares of Texas Capital Bancshares (NASDAQ:TCBI) on 6/30/2026.
- Sold $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/30/2026.
- Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 6/30/2026.
- Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 6/30/2026.
- Purchased $1,001 – $15,000 in shares of Microchip Technology (NASDAQ:MCHP) on 6/30/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 6/30/2026.
- Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 6/30/2026.
- Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 6/30/2026.
General Mills Price Performance
Shares of NYSE GIS opened at $37.50 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.68 and a debt-to-equity ratio of 1.68. The business’s 50 day moving average price is $34.28 and its two-hundred day moving average price is $39.80. The company has a market cap of $20.01 billion, a PE ratio of -208.31 and a beta of -0.03. General Mills, Inc. has a twelve month low of $31.75 and a twelve month high of $54.01.
General Mills Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a dividend of $0.61 per share. The ex-dividend date is Friday, July 10th. This represents a $2.44 dividend on an annualized basis and a yield of 6.5%. General Mills’s dividend payout ratio (DPR) is presently -1,355.56%.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on GIS. Sanford C. Bernstein downgraded General Mills from a “market perform” rating to an “underperform” rating and set a $31.00 price target for the company. in a report on Wednesday, June 3rd. BTIG Research initiated coverage on shares of General Mills in a research note on Monday, April 13th. They set a “neutral” rating for the company. Morgan Stanley decreased their price target on shares of General Mills from $37.00 to $32.00 and set an “underweight” rating on the stock in a research note on Friday, June 5th. Bank of America increased their price target on shares of General Mills from $36.00 to $39.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Jefferies Financial Group raised their price objective on shares of General Mills from $33.00 to $36.00 and gave the stock a “hold” rating in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, General Mills presently has a consensus rating of “Reduce” and an average price target of $39.00.
Get Our Latest Analysis on GIS
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in GIS. Versant Capital Management Inc grew its holdings in shares of General Mills by 433.7% during the 2nd quarter. Versant Capital Management Inc now owns 9,419 shares of the company’s stock valued at $328,000 after purchasing an additional 7,654 shares during the last quarter. Hilltop National Bank lifted its stake in General Mills by 37.2% in the second quarter. Hilltop National Bank now owns 7,374 shares of the company’s stock worth $257,000 after purchasing an additional 2,000 shares during the last quarter. CX Institutional lifted its stake in General Mills by 43.4% in the second quarter. CX Institutional now owns 4,338 shares of the company’s stock worth $151,000 after purchasing an additional 1,312 shares during the last quarter. Eastern Bank boosted its position in General Mills by 4.0% during the second quarter. Eastern Bank now owns 18,296 shares of the company’s stock valued at $637,000 after buying an additional 705 shares during the period. Finally, Basecamp Wealth Advisors LLC boosted its position in General Mills by 18.6% during the first quarter. Basecamp Wealth Advisors LLC now owns 3,824 shares of the company’s stock valued at $142,000 after buying an additional 599 shares during the period. 75.71% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In related news, insider Jacqueline Williams-Roll sold 10,000 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $34.27, for a total transaction of $342,700.00. Following the completion of the sale, the insider directly owned 86,002 shares in the company, valued at $2,947,288.54. This represents a 10.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ricardo Fernandez sold 7,995 shares of the firm’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 value of $275,827.50. Following the transaction, the insider owned 62,283 shares in the company, valued at approximately $2,148,763.50. The trade was a 11.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by insiders.
More General Mills News
Here are the key news stories impacting General Mills this week:
- Positive Sentiment: General Mills reported Q4 EPS of $0.95 on revenue of $4.61 billion, both ahead of estimates, which helped lift sentiment toward the stock. General Mills (GIS) Stock Trades Up, Here Is Why
- Positive Sentiment: Management said it is targeting up to $3 billion in cost savings by fiscal 2030 and shifting toward innovation, which investors may view as a margin and earnings tailwind. General Mills Inc (GIS) Q4 2026 Earnings Call Highlights
- Positive Sentiment: The company also introduced product initiatives such as Reese’s Puffs and Honey Nut Cheerios Protein, reinforcing its effort to refresh the portfolio and support sales growth. General Mills (GIS) Launches Reese’s Puffs GloRilla Tie Up And Honey Nut Cheerios Protein
- Neutral Sentiment: Several brokers raised price targets after the earnings release, but ratings were still mostly neutral or negative, signaling that Wall Street sees limited upside until growth improves. These Analysts Increase Their Forecasts On General Mills After Upbeat Q4 Results
- Neutral Sentiment: Wells Fargo reiterated a Sell rating, while other firms such as JPMorgan, Deutsche Bank, Barclays, and Bank of America maintained cautious stances, highlighting ongoing concerns about weak sales growth and execution. Wells Fargo Remains a Sell on General Mills (GIS)
- Negative Sentiment: Analysts continue to flag “less bad” guidance and structural concerns, indicating the market still doubts a durable demand rebound for General Mills. General Mills Beats, But ‘Less Bad’ Outlook Leaves Analyst Unimpressed
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
General Mills Company 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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