Rep. Gilbert Ray Cisneros, Jr. Sells General Mills, Inc. (NYSE:GIS) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of General Mills, Inc. (NYSE:GIS). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in General Mills stock on February 10th. 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):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

General Mills Stock Down 3.1%

General Mills stock traded down $1.26 during mid-day trading on Thursday, reaching $39.40. 11,084,787 shares of the company’s stock were exchanged, compared to its average volume of 8,325,297. The company has a market cap of $21.02 billion, a P/E ratio of 8.47 and a beta of -0.05. General Mills, Inc. has a twelve month low of $39.29 and a twelve month high of $62.61. The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 1.30. The company has a fifty day moving average of $45.24 and a 200-day moving average of $47.16.

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

General Mills Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, April 10th. General Mills’s dividend payout ratio is presently 52.47%.

Insiders Place Their Bets

In other news, insider Paul Joseph Gallagher sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $48.15, for a total transaction 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. The trade was a 3.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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. Piper Sandler decreased their target price on General Mills from $60.00 to $53.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $51.00 price target on shares of General Mills in a report on Thursday, December 18th. Weiss Ratings lowered General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, January 13th. Sanford C. Bernstein lowered their price objective on General Mills from $53.00 to $48.00 and set a “market perform” rating for the company in a research report on Wednesday, February 18th. Finally, Wells Fargo & Company lowered shares of General Mills from an “equal weight” rating to an “underweight” rating and cut their target price for the stock from $45.00 to $35.00 in a research note on Thursday. Four equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $49.58.

Institutional Trading of General Mills

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased 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 valued at $3,592,828,000 after acquiring an additional 581,045 shares during the last quarter. State Street Corp lifted its stake in General Mills by 0.4% during the third quarter. State Street Corp now owns 33,717,972 shares of the company’s stock worth $1,700,060,000 after purchasing an additional 145,701 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in General Mills by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 19,697,919 shares of the company’s stock valued at $915,953,000 after purchasing an additional 488,617 shares in the last quarter. Geode Capital Management LLC boosted its holdings in General Mills by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 15,197,534 shares of the company’s stock valued at $704,170,000 after purchasing an additional 172,200 shares in the last quarter. Finally, Nordea Investment Management AB increased its stake in General Mills by 15.9% in the third 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 during the last quarter. 75.71% of the stock is currently owned by institutional investors and hedge funds.

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.