UBS Group Has Lowered Expectations for General Mills (NYSE:GIS) Stock Price

General Mills (NYSE:GIS) had its price target reduced by equities researchers at UBS Group from $40.00 to $35.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “sell” rating on the stock. UBS Group’s price objective suggests a potential downside of 7.22% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Evercore set a $45.00 target price on shares of General Mills in a research report on Wednesday, February 18th. Wells Fargo & Company downgraded General Mills from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $45.00 to $35.00 in a report on Thursday, March 12th. Mizuho set a $47.00 target price on General Mills in a report on Monday, February 23rd. Jefferies Financial Group cut their price target on shares of General Mills from $50.00 to $47.00 and set a “hold” rating on the stock in a research report on Thursday, December 11th. Finally, TD Cowen lowered their target price on shares of General Mills from $45.00 to $37.00 and set a “hold” rating for the company in a research note on Thursday. Four investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $47.44.

General Mills Trading Up 0.4%

General Mills stock traded up $0.13 during trading hours on Thursday, reaching $37.72. 4,180,853 shares of the company’s stock traded hands, compared to its average volume of 8,499,037. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.39 and a current ratio of 0.66. General Mills has a fifty-two week low of $37.17 and a fifty-two week high of $62.61. The firm has a market capitalization of $20.13 billion, a price-to-earnings ratio of 8.11 and a beta of -0.05. The firm’s 50 day moving average is $44.66 and its 200-day moving average is $46.80.

General Mills (NYSE:GIS) last issued its quarterly earnings results on Wednesday, March 18th. The company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.09). General Mills had a return on equity of 21.41% and a net margin of 13.51%.The business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the prior year, the firm earned $1.12 EPS. The firm’s quarterly revenue was down 8.4% compared to the same quarter last year. On average, analysts predict that General Mills will post 4.36 earnings per share for the current year.

Insider Activity at General Mills

In other news, insider Paul Joseph Gallagher sold 1,500 shares of the company’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $48.15, for a total transaction of $72,225.00. Following the completion of the transaction, the insider directly owned 48,568 shares of the company’s stock, valued at $2,338,549.20. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On General Mills

Institutional investors have recently bought and sold shares of the company. Norges Bank bought a new position in shares of General Mills during the 2nd quarter worth approximately $417,508,000. Wellington Management Group LLP lifted its position in shares of General Mills by 2,970.1% in the fourth quarter. Wellington Management Group LLP now owns 7,466,693 shares of the company’s stock worth $347,201,000 after purchasing an additional 7,223,487 shares in the last quarter. AQR Capital Management LLC boosted its holdings in General Mills by 366.1% during the fourth quarter. AQR Capital Management LLC now owns 5,117,287 shares of the company’s stock worth $237,954,000 after purchasing an additional 4,019,319 shares during the last quarter. Worldquant Millennium Advisors LLC bought a new position in General Mills in the second quarter valued at $84,862,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in General Mills by 61.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,141,691 shares of the company’s stock valued at $192,589,000 after buying an additional 1,573,444 shares during the last quarter. Institutional investors own 75.71% of the company’s stock.

Key Stories Impacting General Mills

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

• Positive Sentiment: Sale of Brazil business seen as strategic portfolio sharpening that should boost margins and focus resources on core global platforms; investors viewed the deal as a constructive step ahead of the earnings report. General Mills sells Brazil unit
• Positive Sentiment: Bullish commentators and some analysts continue to highlight turnaround potential and elevated dividend yield as reasons to buy the beaten-down stock, providing a counterpoint to near-term volatility. Be Greedy When Others Are Fearful
• Neutral Sentiment: Management reaffirmed full‑year sales and profit guidance (after a prior cut), which reduces near-term uncertainty but leaves room for disappointment if organic trends don’t improve. Reuters: General Mills reaffirms forecasts
• Neutral Sentiment: Full Q3 earnings call/transcript highlights management’s turnaround plan and investments to restore volumes, but also notes continued weak demand and short‑term margin headwinds. Q3 earnings call transcript
• Negative Sentiment: Q3 miss: EPS of $0.64 missed expectations (~$0.73), revenue and organic sales declined (sales down ~8% y/y), and margins were pressured by input costs and divestitures — the immediate driver of the stock’s weakness. Zacks: Q3 earnings miss
• Negative Sentiment: Analysts lowered forecasts and price targets after the print (multiple firms cut targets), which can amplify near‑term selling pressure even where ratings remain constructive. Benzinga: Analysts cut forecasts
• Negative Sentiment: Separate price target cuts reported (Barclays, Stifel, RBC reductions) and continued concerns about weak consumer demand mean upside will likely depend on clear signs of improving organic sales and margin recovery. AmericanBankingNews: Barclays lowers target

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.