Zacks Research Forecasts Reduced Earnings for General Mills

General Mills, Inc. (NYSE:GIS) – Stock analysts at Zacks Research lowered their Q3 2025 EPS estimates for shares of General Mills in a report issued on Monday, December 30th. Zacks Research analyst V. Bagree now forecasts that the company will post earnings per share of $0.98 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.

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

Several other equities analysts also recently commented on GIS. Barclays decreased their price target on shares of 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. Piper Sandler raised their target price on shares of General Mills from $74.00 to $84.00 and gave the stock an “overweight” rating in a report on Thursday, September 19th. Bank of America upgraded General Mills from a “neutral” rating to a “buy” rating and boosted their price target for the company from $78.00 to $80.00 in a research note on Friday, December 13th. Stifel Nicolaus lowered their price objective on General Mills from $82.00 to $78.00 and set a “buy” rating on the stock in a research note on Thursday, December 19th. Finally, Citigroup cut their target price on General Mills from $71.00 to $67.00 and set a “neutral” rating for the company in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $71.56.

General Mills Stock Performance

Shares of NYSE GIS opened at $63.54 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 current ratio of 0.66 and a quick ratio of 0.39. The firm has a market cap of $35.03 billion, a price-to-earnings ratio of 15.13, a P/E/G ratio of 3.41 and a beta of 0.10. The stock’s fifty day moving average price is $65.36 and its two-hundred day moving average price is $67.92.

Hedge Funds Weigh In On General Mills

Institutional investors have recently made changes to their positions in the stock. Values First Advisors Inc. bought a new stake in General Mills during the 3rd quarter valued at $27,000. First Foundation Advisors grew its holdings in shares of General Mills by 400.0% during the second quarter. First Foundation Advisors now owns 500 shares of the company’s stock valued at $32,000 after buying an additional 400 shares during the last quarter. Planning Capital Management Corp increased its position in shares of General Mills by 61.5% during the third quarter. Planning Capital Management Corp now owns 507 shares of the company’s stock worth $37,000 after acquiring an additional 193 shares in the last quarter. Fairscale Capital LLC acquired a new stake in shares of General Mills in the 2nd quarter worth about $42,000. Finally, Catalyst Capital Advisors LLC bought a new position in General Mills in the 3rd quarter valued at about $44,000. Institutional investors and hedge funds own 75.71% of the company’s stock.

Insider Activity

In related news, CEO Jeffrey L. Harmening sold 46,500 shares of the business’s stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $68.61, for a total value of $3,190,365.00. Following the transaction, the chief executive officer now owns 355,328 shares in the company, valued at $24,379,054.08. The trade was a 11.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paul Joseph Gallagher sold 1,041 shares of the stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $64.50, for a total value of $67,144.50. Following the sale, the insider now owns 42,117 shares of the company’s stock, valued at approximately $2,716,546.50. The trade was a 2.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 56,624 shares of company stock valued at $3,897,326 over the last quarter. 0.26% of the stock is owned by company insiders.

General Mills Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 10th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend is Friday, January 10th. General Mills’s dividend payout ratio (DPR) is currently 52.17%.

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.