General Mills, Inc. (NYSE:GIS – Free Report) – Investment analysts at Zacks Research reduced their FY2025 earnings estimates for General Mills in a note issued to investors on Wednesday, April 2nd. Zacks Research analyst R. Department now forecasts that the company will post earnings of $4.19 per share for the year, down from their prior forecast of $4.42. The consensus estimate for General Mills’ current full-year earnings is $4.36 per share. Zacks Research also issued estimates for General Mills’ Q1 2026 earnings at $0.97 EPS, Q3 2026 earnings at $0.96 EPS, Q1 2027 earnings at $1.02 EPS and Q3 2027 earnings at $1.00 EPS.
General Mills (NYSE:GIS – Get Free Report) last announced its earnings results on Wednesday, March 19th. The company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.96 by $0.04. General Mills had a return on equity of 27.55% and a net margin of 13.08%. The business had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the previous year, the business earned $1.17 EPS. General Mills’s revenue was down 5.1% compared to the same quarter last year.
Check Out Our Latest Report on GIS
General Mills Stock Down 2.2 %
Shares of NYSE GIS opened at $59.64 on Monday. The company has a quick ratio of 0.67, a current ratio of 0.92 and a debt-to-equity ratio of 1.32. The company has a market cap of $32.87 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 1.94 and a beta of 0.15. General Mills has a 12-month low of $55.15 and a 12-month high of $75.90. The firm’s 50-day simple moving average is $59.97 and its 200 day simple moving average is $64.11.
General Mills Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Thursday, April 10th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend is Thursday, April 10th. General Mills’s payout ratio is presently 52.75%.
Insider Buying and Selling
In related news, CEO Jeffrey L. Harmening sold 11,379 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $65.00, for a total transaction of $739,635.00. Following the completion of the sale, the chief executive officer now directly owns 353,346 shares of the company’s stock, valued at approximately $22,967,490. This represents a 3.12 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.26% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of GIS. Endeavor Private Wealth Inc. bought a new stake in General Mills in the 4th quarter valued at $26,000. CBIZ Investment Advisory Services LLC acquired a new stake in shares of General Mills in the 4th quarter valued at about $30,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of General Mills in the fourth quarter valued at about $31,000. Transce3nd LLC acquired a new position in shares of General Mills during the fourth quarter worth about $32,000. Finally, VSM Wealth Advisory LLC acquired a new position in shares of General Mills during the fourth quarter worth about $32,000. Institutional investors own 75.71% of the company’s stock.
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.
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