Zacks Research Equities Analysts Lower Earnings Estimates for General Mills, Inc. (NYSE:GIS)

General Mills, Inc. (NYSE:GIS) – Equities research analysts at Zacks Research dropped their Q3 2025 earnings per share estimates for shares of General Mills in a research report issued on Wednesday, October 2nd. Zacks Research analyst V. Bagree now anticipates that the company will post earnings per share of $1.14 for the quarter, down from their prior forecast of $1.17. The consensus estimate for General Mills’ current full-year earnings is $4.51 per share. Zacks Research also issued estimates for General Mills’ Q4 2025 earnings at $1.06 EPS, FY2025 earnings at $4.49 EPS, Q3 2026 earnings at $1.16 EPS and Q4 2026 earnings at $1.13 EPS.

A number of other brokerages also recently commented on GIS. JPMorgan Chase & Co. reduced their price objective on General Mills from $70.00 to $63.00 and set a “neutral” rating for the company in a research report on Thursday, June 27th. Stifel Nicolaus raised their price objective on General Mills from $70.00 to $82.00 and gave the stock a “buy” rating in a research report on Thursday, September 19th. Barclays raised their target price on General Mills from $67.00 to $74.00 and gave the stock an “equal weight” rating in a research report on Friday, September 20th. Argus restated a “hold” rating on shares of General Mills in a research report on Tuesday, July 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $70.00 target price on shares of General Mills in a research report on Thursday, September 19th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $72.73.

General Mills Price Performance

Shares of GIS stock opened at $73.61 on Friday. The stock has a 50 day moving average of $71.74 and a two-hundred day moving average of $69.08. The company has a current ratio of 0.66, a quick ratio of 0.39 and a debt-to-equity ratio of 1.20. General Mills has a 12 month low of $60.33 and a 12 month high of $75.90. The company has a market capitalization of $41.09 billion, a P/E ratio of 17.08, a P/E/G ratio of 3.82 and a beta of 0.10.

General Mills (NYSE:GIS) last announced its quarterly earnings data on Wednesday, September 18th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.01. General Mills had a return on equity of 26.85% and a net margin of 12.14%. The company had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter last year, the company earned $1.09 EPS. The company’s quarterly revenue was down 1.2% on a year-over-year basis.

Institutional Investors Weigh In On General Mills

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of General Mills by 16.3% during the first quarter. Vanguard Group Inc. now owns 60,298,880 shares of the company’s stock worth $4,219,113,000 after purchasing an additional 8,444,312 shares during the period. Capital Research Global Investors grew its stake in shares of General Mills by 22.3% during the first quarter. Capital Research Global Investors now owns 13,650,388 shares of the company’s stock worth $955,118,000 after purchasing an additional 2,488,341 shares during the period. Capital World Investors grew its stake in shares of General Mills by 7.6% during the fourth quarter. Capital World Investors now owns 7,074,884 shares of the company’s stock worth $460,858,000 after purchasing an additional 501,717 shares during the period. Legal & General Group Plc grew its stake in shares of General Mills by 6.1% during the second quarter. Legal & General Group Plc now owns 5,629,943 shares of the company’s stock worth $356,151,000 after purchasing an additional 323,090 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of General Mills by 2.8% during the second quarter. Dimensional Fund Advisors LP now owns 5,413,585 shares of the company’s stock worth $342,478,000 after purchasing an additional 148,235 shares during the period. 75.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at General Mills

In other news, insider Jonathon Nudi sold 9,647 shares of General Mills stock in a transaction on Friday, September 27th. The stock was sold at an average price of $74.39, for a total value of $717,640.33. Following the completion of the sale, the insider now directly owns 128,664 shares of the company’s stock, valued at approximately $9,571,314.96. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Jonathon Nudi sold 9,647 shares of General Mills stock in a transaction on Friday, September 27th. The stock was sold at an average price of $74.39, for a total value of $717,640.33. Following the completion of the sale, the insider now directly owns 128,664 shares of the company’s stock, valued at approximately $9,571,314.96. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Pankaj Mn Sharma sold 2,325 shares of General Mills stock in a transaction on Friday, September 20th. The shares were sold at an average price of $74.63, for a total value of $173,514.75. Following the completion of the sale, the insider now directly owns 36,184 shares of the company’s stock, valued at $2,700,411.92. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.

General Mills Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 10th will be given a $0.60 dividend. The ex-dividend date is Thursday, October 10th. This represents a $2.40 annualized dividend and a yield of 3.26%. General Mills’s payout ratio is 55.68%.

About General Mills

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.