Moran Wealth Management LLC Has $9.64 Million Stock Position in General Mills, Inc. $GIS

Moran Wealth Management LLC grew its stake in General Mills, Inc. (NYSE:GIS) by 9.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 258,987 shares of the company’s stock after purchasing an additional 21,701 shares during the period. Moran Wealth Management LLC’s holdings in General Mills were worth $9,639,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of GIS. Investors Asset Management of Georgia Inc. GA ADV raised its holdings in shares of General Mills by 16.8% in the 1st quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 8,367 shares of the company’s stock worth $311,000 after buying an additional 1,203 shares in the last quarter. Leelyn Smith LLC boosted its stake in General Mills by 11.4% in the 1st quarter. Leelyn Smith LLC now owns 57,228 shares of the company’s stock valued at $2,130,000 after buying an additional 5,867 shares in the last quarter. World Investment Advisors boosted its stake in General Mills by 8.2% in the 1st quarter. World Investment Advisors now owns 18,675 shares of the company’s stock valued at $695,000 after buying an additional 1,408 shares in the last quarter. New York State Teachers Retirement System grew its position in General Mills by 2.5% in the first quarter. New York State Teachers Retirement System now owns 441,619 shares of the company’s stock valued at $16,437,000 after acquiring an additional 10,678 shares during the period. Finally, Private Advisor Group LLC grew its position in General Mills by 6.2% in the first quarter. Private Advisor Group LLC now owns 77,287 shares of the company’s stock valued at $2,877,000 after acquiring an additional 4,478 shares during the period. 75.71% of the stock is owned by institutional investors and hedge funds.

More General Mills News

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

• Positive Sentiment: General Mills reported Q4 EPS of $0.95 on revenue of $4.61 billion, both ahead of estimates, which helped lift sentiment toward the stock. General Mills (GIS) Stock Trades Up, Here Is Why
• Positive Sentiment: Management said it is targeting up to $3 billion in cost savings by fiscal 2030 and shifting toward innovation, which investors may view as a margin and earnings tailwind. General Mills Inc (GIS) Q4 2026 Earnings Call Highlights
• Positive Sentiment: The company also introduced product initiatives such as Reese’s Puffs and Honey Nut Cheerios Protein, reinforcing its effort to refresh the portfolio and support sales growth. General Mills (GIS) Launches Reese’s Puffs GloRilla Tie Up And Honey Nut Cheerios Protein
• Neutral Sentiment: Several brokers raised price targets after the earnings release, but ratings were still mostly neutral or negative, signaling that Wall Street sees limited upside until growth improves. These Analysts Increase Their Forecasts On General Mills After Upbeat Q4 Results
• Neutral Sentiment: Wells Fargo reiterated a Sell rating, while other firms such as JPMorgan, Deutsche Bank, Barclays, and Bank of America maintained cautious stances, highlighting ongoing concerns about weak sales growth and execution. Wells Fargo Remains a Sell on General Mills (GIS)
• Negative Sentiment: Analysts continue to flag “less bad” guidance and structural concerns, indicating the market still doubts a durable demand rebound for General Mills. General Mills Beats, But ‘Less Bad’ Outlook Leaves Analyst Unimpressed

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Barclays cut their price objective on General Mills from $41.00 to $36.00 and set an “equal weight” rating for the company in a report on Monday, May 11th. Royal Bank Of Canada lowered their target price on shares of General Mills from $60.00 to $55.00 and set an “outperform” rating on the stock in a report on Thursday, March 19th. Wells Fargo & Company increased their target price on shares of General Mills from $30.00 to $33.00 and gave the stock an “underweight” rating in a research report on Thursday. Morgan Stanley cut their price target on shares of General Mills from $37.00 to $32.00 and set an “underweight” rating for the company in a report on Friday, June 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of General Mills from $32.00 to $33.00 and gave the company a “hold” rating in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $39.00.

Insider Activity

In other news, insider Jacqueline Williams-Roll sold 10,000 shares of the company’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 in the company, valued at approximately $2,947,288.54. This represents a 10.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ricardo Fernandez sold 7,995 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $34.50, for a total transaction of $275,827.50. Following the sale, the insider directly owned 62,283 shares in the company, valued at $2,148,763.50. This trade represents a 11.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.30% of the company’s stock.

General Mills Price Performance

General Mills stock opened at $37.50 on Friday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.36 and a current ratio of 0.68. The firm has a market cap of $20.01 billion, a P/E ratio of -208.31 and a beta of -0.03. The business’s fifty day moving average is $34.28 and its two-hundred day moving average is $39.80. General Mills, Inc. has a 52 week low of $31.75 and a 52 week high of $54.01.

General Mills (NYSE:GIS) last announced its earnings results on Wednesday, July 1st. The company reported $0.95 earnings per share 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 company had revenue of $4.61 billion during the quarter, compared to analyst estimates of $4.59 billion. During the same period last year, the company posted $0.53 earnings per share. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. General Mills has set its FY 2027 guidance at 3.000-3.200 EPS. Equities research analysts forecast that General Mills, Inc. will post 3.06 earnings per share for the current fiscal year.

General Mills Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be issued a dividend of $0.61 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.44 dividend on an annualized basis and a yield of 6.5%. General Mills’s dividend payout ratio is currently -1,355.56%.

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.