NEOS Investment Management LLC Purchases 24,149 Shares of General Mills, Inc. $GIS

NEOS Investment Management LLC grew its holdings in General Mills, Inc. (NYSE:GIS) by 44.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,258 shares of the company’s stock after buying an additional 24,149 shares during the period. NEOS Investment Management LLC’s holdings in General Mills were worth $3,946,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in GIS. Vanguard Group Inc. lifted its holdings in shares of General Mills by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 69,346,225 shares of the company’s stock worth $3,592,828,000 after buying an additional 581,045 shares during the period. State Street Corp lifted its stake in General Mills by 0.8% in the second quarter. State Street Corp now owns 33,572,271 shares of the company’s stock worth $1,739,379,000 after acquiring an additional 250,113 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in General Mills by 1.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 19,307,064 shares of the company’s stock worth $1,000,299,000 after acquiring an additional 265,870 shares in the last quarter. Geode Capital Management LLC increased its position in General Mills by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 15,173,940 shares of the company’s stock valued at $786,954,000 after purchasing an additional 170,587 shares during the period. Finally, Nordea Investment Management AB raised its holdings in shares of General Mills by 15.9% in the 3rd quarter. Nordea Investment Management AB now owns 9,956,665 shares of the company’s stock valued at $494,548,000 after purchasing an additional 1,368,041 shares in the last quarter. 75.71% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Paul Joseph Gallagher sold 1,500 shares of General Mills stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $48.15, for a total value of $72,225.00. Following the completion of the sale, the insider owned 48,568 shares in the company, valued at approximately $2,338,549.20. This trade represents a 3.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

GIS has been the subject of a number of recent research reports. Sanford C. Bernstein reduced their price objective on shares of General Mills from $53.00 to $48.00 and set a “market perform” rating for the company in a research note on Wednesday. Weiss Ratings lowered shares of General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $51.00 price objective on shares of General Mills in a research note on Thursday, December 18th. Barclays reduced their price target on General Mills from $52.00 to $46.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Finally, Stifel Nicolaus lowered their price objective on General Mills from $52.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday. Five analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $51.37.

General Mills Stock Down 1.3%

Shares of NYSE GIS opened at $44.78 on Friday. The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 1.30. General Mills, Inc. has a 52-week low of $42.78 and a 52-week high of $67.35. The firm has a market cap of $23.90 billion, a price-to-earnings ratio of 9.63 and a beta of -0.06. The company’s 50-day simple moving average is $46.12 and its 200-day simple moving average is $47.71.

General Mills (NYSE:GIS) last announced its quarterly earnings data on Wednesday, December 17th. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.07. The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.78 billion. General Mills had a return on equity of 21.41% and a net margin of 13.51%.The firm’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.40 EPS. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Equities analysts predict that General Mills, Inc. will post 4.36 EPS for the current fiscal year.

General Mills Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be issued a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Friday, April 10th. General Mills’s dividend payout ratio is currently 52.47%.

Key Stories Impacting General Mills

Here are the key news stories impacting General Mills this week:

• Positive Sentiment: BofA remains constructive on General Mills, highlighting long-term resilience of the food portfolio and dividend support as reasons to stay bullish. BofA remains bullish on General Mills (GIS) – here’s why
• Positive Sentiment: Piper Sandler lowered its target but kept an overweight rating, signalling some analysts still see upside based on brand strength and turnaround potential. GIS price target lowered by Piper Sandler
• Positive Sentiment: Dividend investors continue to view GIS as a reliable income name; The Motley Fool includes General Mills among dividend picks, which can support valuation floors. 2 No-Brainer Dividend Stocks to Buy Right Now
• Neutral Sentiment: Company presentation at the Consumer Analyst Group of New York (slide deck) outlines strategy and product initiatives for investors evaluating medium-term recovery plans. General Mills Presents at CAGNY 2026 – Slideshow
• Neutral Sentiment: Coverage pieces from The Globe and Mail summarize analyst views on General Mills alongside peers — useful context but not new company-specific catalysts. Analysts Offer Insights on Consumer Goods Companies: General Mills (GIS) and Kenvue, Inc. (KVUE)
• Neutral Sentiment: Product strategy discussion: analysts and trade press note General Mills is pushing protein-focused cereals to reposition toward health-conscious shoppers — strategic but will take time to move the needle. Is General Mills (GIS) Using Protein Cereals to Reposition Its Core Brand Strategy?
• Negative Sentiment: Guidance cut: multiple outlets report General Mills trimmed FY2026 guidance citing weaker demand and steeper profit declines — the primary near-term driver of the share decline. General Mills Guidance Cut Tests Valuation Appeal And Consumer Resilience
• Negative Sentiment: Market reaction & analyst downgrades: coverage notes shares fell sharply after the outlook cut, and firms (e.g., Wells Fargo) lowered price targets and shifted ratings toward neutral/equal-weight. General Mills Stock Down 7%, Guidance Lowered on Demand Pressure
• Negative Sentiment: Analyst commentaries and deep-dive pieces question whether low valuations are a buy signal given flat sales and margin risks — adds to bearish positioning among some investors. General Mills: Why Historically Low Valuations Are No Longer A ‘Buy’ Signal

About General Mills

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.