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General Mills
GIS

$63.03
0.22%
 

About: General Mills is a global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2024, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. Although most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.

Employees: 34,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 23 analysts
0
News positive %
of 32 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 8 (+4) [Q1 2024]

73% more call options, than puts

Call options by funds: $476M | Put options by funds: $275M

6% more capital invested

Capital invested by funds: $27.9B [Q4 2023] → $29.6B (+$1.69B) [Q1 2024]

0.54% less ownership

Funds ownership: 75.57% [Q4 2023] → 75.03% (-0.54%) [Q1 2024]

1% less funds holding

Funds holding: 1,541 [Q4 2023] → 1,531 (-10) [Q1 2024]

7% less first-time investments, than exits

New positions opened: 134 | Existing positions closed: 144

16% less repeat investments, than reductions

Existing positions increased: 531 | Existing positions reduced: 631

Research analyst outlook

23 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$61
3%
downside
Avg. target
$70
11%
upside
High target
$77
22%
upside

23 analyst ratings

positive
13%
19 neutral
83%
negative
4%
Mizuho
John Baumgartner
2%downside
$62
Neutral
Maintained
3 Jul 2024
Barclays
Andrew Lazar
6%upside
$67
Equal-Weight
Maintained
28 Jun 2024
Evercore ISI Group
David Palmer
14%upside
$72
In-Line
Maintained
28 Jun 2024
B of A Securities
Bryan Spillane
8%upside
$68
Neutral
Maintained
27 Jun 2024
Citigroup
Thomas Palmer
8%upside
$68
Neutral
Maintained
27 Jun 2024

Financial journalist opinion

Based on 32 articles about GIS published over the past 30 days