Zacks Research Lowers Earnings Estimates for General Mills

General Mills, Inc. (NYSE:GIS - Free Report) - Equities researchers at Zacks Research dropped their Q3 2025 earnings per share estimates for General Mills in a research report issued to clients and investors on Monday, December 30th. Zacks Research analyst V. Bagree now forecasts that the company will earn $0.98 per share for the quarter, down from their prior estimate of $1.14. The consensus estimate for General Mills' current full-year earnings is $4.50 per share. Zacks Research also issued estimates for General Mills' Q1 2026 earnings at $1.06 EPS, Q3 2026 earnings at $1.06 EPS, FY2026 earnings at $4.54 EPS and FY2027 earnings at $4.86 EPS.

A number of other research analysts also recently commented on the stock. TD Cowen lowered their price target on shares of General Mills from $75.00 to $64.00 and set a "hold" rating for the company in a report on Thursday, December 19th. JPMorgan Chase & Co. raised their price objective on General Mills from $63.00 to $67.00 and gave the company a "neutral" rating in a research note on Monday, October 14th. Piper Sandler boosted their target price on General Mills from $74.00 to $84.00 and gave the company an "overweight" rating in a research report on Thursday, September 19th. Wells Fargo & Company decreased their price target on General Mills from $70.00 to $68.00 and set an "equal weight" rating on the stock in a report on Thursday, December 19th. Finally, Bank of America upgraded shares of General Mills from a "neutral" rating to a "buy" rating and raised their target price for the stock from $78.00 to $80.00 in a report on Friday, December 13th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, General Mills currently has an average rating of "Hold" and an average target price of $71.56.

General Mills Price Performance

Shares of NYSE:GIS traded up $0.40 on Wednesday, reaching $63.77. The company's stock had a trading volume of 2,634,867 shares, compared to its average volume of 3,944,640. The company has a 50-day simple moving average of $65.46 and a 200 day simple moving average of $67.95. General Mills has a 52-week low of $61.47 and a 52-week high of $75.90. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.39 and a current ratio of 0.66. The company has a market cap of $35.15 billion, a P/E ratio of 15.18, a PEG ratio of 3.41 and a beta of 0.10.

General Mills (NYSE:GIS - Get Free Report) last posted its earnings results on Wednesday, December 18th. The company reported $1.40 EPS for the quarter, beating analysts' consensus estimates of $1.22 by $0.18. General Mills had a return on equity of 26.85% and a net margin of 12.14%. The firm had revenue of $5.24 billion during the quarter, compared to the consensus estimate of $5.14 billion. During the same period in the prior year, the company earned $1.25 EPS. The company's quarterly revenue was up 2.7% compared to the same quarter last year.

General Mills Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 10th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date of this dividend is Friday, January 10th. General Mills's dividend payout ratio (DPR) is 52.17%.

Insider Activity

In related news, insider Paul Joseph Gallagher sold 1,041 shares of the company's stock in a transaction on Friday, December 20th. The stock was sold at an average price of $64.50, for a total transaction of $67,144.50. Following the completion of the sale, the insider now directly owns 42,117 shares in the company, valued at $2,716,546.50. This represents a 2.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Mark A. Pallot sold 8,083 shares of General Mills stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $71.28, for a total value of $576,156.24. Following the completion of the transaction, the chief accounting officer now owns 14,813 shares in the company, valued at $1,055,870.64. This trade represents a 35.30 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 56,624 shares of company stock worth $3,897,326. 0.26% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On General Mills

Hedge funds and other institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC increased its position in shares of General Mills by 22.1% during the third quarter. Janney Montgomery Scott LLC now owns 237,850 shares of the company's stock worth $17,565,000 after purchasing an additional 43,086 shares in the last quarter. JPMorgan Chase & Co. grew its stake in General Mills by 105.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,708,223 shares of the company's stock worth $421,552,000 after buying an additional 2,926,232 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in General Mills by 129.9% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 184,823 shares of the company's stock valued at $13,649,000 after buying an additional 104,436 shares in the last quarter. Ellsworth Advisors LLC raised its stake in General Mills by 105.8% in the third quarter. Ellsworth Advisors LLC now owns 144,851 shares of the company's stock valued at $10,697,000 after buying an additional 74,456 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in General Mills by 6.4% in the second quarter. AQR Capital Management LLC now owns 1,157,232 shares of the company's stock worth $73,206,000 after acquiring an additional 69,902 shares in the last quarter. Hedge funds and other 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.