Q3 EPS Estimates for General Mills Lowered by Zacks Research

General Mills, Inc. (NYSE:GIS) – Investment analysts at Zacks Research reduced their Q3 2025 EPS estimates for shares of 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 forecast 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.

GIS has been the subject of a number of other research reports. TD Cowen cut their target price on shares of General Mills from $75.00 to $64.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Bank of America upgraded General Mills from a “neutral” rating to a “buy” rating and increased their target price for the company from $78.00 to $80.00 in a report on Friday, December 13th. Citigroup cut their price target on General Mills from $71.00 to $67.00 and set a “neutral” rating for the company in a report on Thursday, December 19th. Barclays decreased their price objective on General Mills from $74.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Friday, December 20th. Finally, Stifel Nicolaus cut their target price on shares of General Mills from $82.00 to $78.00 and set a “buy” rating for the company in a research note on Thursday, December 19th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, General Mills has an average rating of “Hold” and an average target price of $71.56.

General Mills Stock Up 0.6 %

GIS opened at $63.77 on Wednesday. General Mills has a one year low of $61.47 and a one year 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 business’s fifty day moving average is $65.46 and its two-hundred day moving average is $67.95. The company has a market cap of $35.15 billion, a price-to-earnings ratio of 15.18, a PEG ratio of 3.41 and a beta of 0.10.

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

Institutional Investors Weigh In On General Mills

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of General Mills by 105.2% during the third 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 in the last quarter. Principal Financial Group Inc. grew its holdings in General Mills by 3.6% during the 3rd quarter. Principal Financial Group Inc. now owns 792,993 shares of the company’s stock worth $58,563,000 after acquiring an additional 27,847 shares in the last quarter. Birmingham Capital Management Co. Inc. AL increased its position in shares of General Mills by 9.3% in the 3rd quarter. Birmingham Capital Management Co. Inc. AL now owns 14,907 shares of the company’s stock worth $1,101,000 after purchasing an additional 1,267 shares during the last quarter. Inspire Trust Co. N.A. raised its stake in shares of General Mills by 28.6% in the 3rd quarter. Inspire Trust Co. N.A. now owns 45,000 shares of the company’s stock valued at $3,323,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of General Mills by 0.7% during the third quarter. Franklin Resources Inc. now owns 438,014 shares of the company’s stock worth $31,025,000 after purchasing an additional 2,842 shares during the last quarter. Hedge funds and other institutional investors own 75.71% of the company’s stock.

Insider Activity

In other General Mills news, insider Paul Joseph Gallagher sold 1,041 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $64.50, for a total transaction of $67,144.50. Following the transaction, the insider now owns 42,117 shares in the company, valued at $2,716,546.50. The trade was a 2.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Maria Sastre sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $63.66, for a total value of $63,660.00. Following the completion of the transaction, the director now owns 23,013 shares of the company’s stock, valued at approximately $1,465,007.58. This represents a 4.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 56,624 shares of company stock valued at $3,897,326 in the last three months. Corporate insiders own 0.26% of the company’s stock.

General Mills Announces Dividend

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

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.