Everest Financial Group LLC Purchases New Holdings in General Mills, Inc. $GIS

Posted by Brenda Bartman on Jul 26th, 2026

Everest Financial Group LLC acquired a new position in shares of General Mills, Inc. (NYSE:GIS – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,615 shares of the company’s stock, valued at approximately $730,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Reflection Asset Management purchased a new position in shares of General Mills during the fourth quarter valued at approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of General Mills in the 4th quarter worth approximately $26,000. Bruce G. Allen Investments LLC grew its stake in shares of General Mills by 139.8% in the 4th quarter. Bruce G. Allen Investments LLC now owns 578 shares of the company’s stock worth $27,000 after buying an additional 337 shares during the last quarter. Zions Bancorporation National Association UT increased its position in General Mills by 248.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 630 shares of the company’s stock valued at $29,000 after buying an additional 449 shares in the last quarter. Finally, Binnacle Investments Inc increased its position in General Mills by 312.5% during the 3rd quarter. Binnacle Investments Inc now owns 660 shares of the company’s stock valued at $33,000 after buying an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 75.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on GIS shares. The Goldman Sachs Group reissued a “neutral” rating and issued a $36.00 target price on shares of General Mills in a report on Tuesday, June 2nd. UBS Group set a $33.00 price target on General Mills in a research report on Monday, July 6th. Morgan Stanley dropped 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 objective on shares of General Mills from $36.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Finally, Barclays reduced 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 note on Monday, May 11th. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $39.16.

Get Our Latest Stock Analysis on GIS

General Mills Stock Up 1.7%

GIS stock opened at $36.16 on Friday. General Mills, Inc. has a 1-year low of $31.75 and a 1-year high of $51.33. The business has a fifty day moving average price of $34.97 and a 200-day moving average price of $38.72. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.68 and a quick ratio of 0.40. The stock has a market capitalization of $19.30 billion, a P/E ratio of -200.86 and a beta of -0.03.

General Mills (NYSE:GIS – Get Free Report) last announced its quarterly earnings results on Wednesday, July 1st. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.15. General Mills had a positive return on equity of 21.37% and a negative net margin of 0.48%.The firm had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.59 billion. During the same period in the prior year, the company posted $0.53 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. Equities analysts forecast that General Mills, Inc. will post 3.07 earnings per share for the current fiscal year.

General Mills Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, July 10th. General Mills’s dividend payout ratio (DPR) is presently -1,355.56%.

Insider Transactions at General Mills

In other news, insider Ricardo Fernandez sold 7,995 shares of General Mills stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $34.50, for a total value of $275,827.50. Following the completion of the sale, the insider directly owned 62,283 shares in the company, valued at $2,148,763.50. The trade was a 11.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jacqueline Williams-Roll sold 10,000 shares of the business’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 transaction of $342,700.00. Following the transaction, the insider directly owned 86,002 shares of the company’s stock, valued at $2,947,288.54. The trade was a 10.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.30% of the company’s stock.

General Mills 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.