General Mills (NYSE:GIS) Issues FY 2026 Earnings Guidance

General Mills (NYSE:GIS) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.580-3.790 for the period, compared to the consensus estimate of 3.650. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $55.00 target price on shares of General Mills in a research report on Monday. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $45.00 price objective (down previously from $53.00) on shares of General Mills in a report on Wednesday, August 20th. Mizuho reduced their price objective on General Mills from $57.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday, September 19th. Cowen reissued a “hold” rating on shares of General Mills in a research report on Monday. Finally, UBS Group cut their price target on General Mills from $49.00 to $47.00 and set a “sell” rating for the company in a research note on Thursday, September 18th. Five analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $54.06.

General Mills Price Performance

NYSE GIS opened at $48.64 on Thursday. General Mills has a fifty-two week low of $45.15 and a fifty-two week high of $67.35. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.40 and a current ratio of 0.66. The company has a market capitalization of $25.95 billion, a PE ratio of 9.19, a price-to-earnings-growth ratio of 0.88 and a beta of -0.07. The business’s fifty day moving average is $47.25 and its 200 day moving average is $49.62.

General Mills (NYSE:GIS) last issued its quarterly earnings results on Wednesday, December 17th. The company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.07. The business had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.78 billion. General Mills had a net margin of 15.24% and a return on equity of 23.46%. The company’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.40 earnings per share. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Sell-side analysts predict that General Mills will post 4.36 earnings per share for the current year.

General Mills Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Friday, January 9th will be issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, January 9th. General Mills’s dividend payout ratio is 46.12%.

Insider Activity

In related news, insider Jacqueline Williams-Roll sold 4,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $50.04, for a total value of $200,160.00. Following the sale, the insider directly owned 66,593 shares in the company, valued at approximately $3,332,313.72. The trade was a 5.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.30% of the company’s stock.

Institutional Trading of General Mills

Several institutional investors have recently added to or reduced their stakes in GIS. Worldquant Millennium Advisors LLC purchased a new stake in General Mills in the second quarter worth about $84,862,000. Two Sigma Investments LP raised its stake in General Mills by 82.8% in the third quarter. Two Sigma Investments LP now owns 3,415,818 shares of the company’s stock worth $172,226,000 after buying an additional 1,546,993 shares in the last quarter. Invesco Ltd. raised its stake in General Mills by 13.0% in the third quarter. Invesco Ltd. now owns 7,664,990 shares of the company’s stock worth $386,469,000 after buying an additional 883,150 shares in the last quarter. Marshall Wace LLP lifted its holdings in General Mills by 381.1% during the third quarter. Marshall Wace LLP now owns 853,208 shares of the company’s stock worth $43,019,000 after buying an additional 675,877 shares during the period. Finally, Man Group plc boosted its position in General Mills by 177.3% during the 2nd quarter. Man Group plc now owns 595,536 shares of the company’s stock valued at $30,855,000 after acquiring an additional 380,806 shares in the last quarter. Institutional investors own 75.71% of the company’s stock.

General Mills Company Profile

General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.