Q3 EPS Estimates for General Mills Reduced by Zacks Research

General Mills, Inc. (NYSE:GIS) – Equities research analysts at Zacks Research cut their Q3 2025 earnings estimates for shares of General Mills in a note issued to investors on Monday, December 30th. Zacks Research analyst V. Bagree now expects that the company will earn $0.98 per share for the quarter, down from their previous 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.

General Mills (NYSE:GIS) last released its quarterly earnings results on Wednesday, December 18th. The company reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.18. The business had revenue of $5.24 billion for 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 revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.25 earnings per share.

Several other brokerages have also issued reports on GIS. Bank of America raised General Mills from a “neutral” rating to a “buy” rating and raised their target price for the company from $78.00 to $80.00 in a research report on Friday, December 13th. Citigroup dropped their target price on shares of General Mills from $71.00 to $67.00 and set a “neutral” rating on the stock in a research note on Thursday, December 19th. JPMorgan Chase & Co. raised their price target on shares of General Mills from $63.00 to $67.00 and gave the stock a “neutral” rating in a research note on Monday, October 14th. Stifel Nicolaus dropped 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, Wells Fargo & Company decreased their target price on General Mills from $70.00 to $68.00 and set an “equal weight” 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $71.56.

General Mills Stock Performance

GIS stock opened at $63.54 on Wednesday. The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 1.20. The firm has a market cap of $35.03 billion, a PE ratio of 15.13, a P/E/G ratio of 3.41 and a beta of 0.10. The business has a 50 day moving average of $65.36 and a 200-day moving average of $67.92. General Mills has a 12-month low of $61.47 and a 12-month high of $75.90.

General Mills Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 10th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date is Friday, January 10th. General Mills’s dividend payout ratio is currently 52.17%.

Insider Activity at General Mills

In other General Mills news, CAO Mark A. Pallot sold 8,083 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $71.28, for a total value of $576,156.24. Following the completion of the sale, the chief accounting officer now owns 14,813 shares of the company’s stock, valued at $1,055,870.64. This represents a 35.30 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Paul Joseph Gallagher sold 1,041 shares of General Mills stock in a transaction that occurred on 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 directly owns 42,117 shares in the company, valued at $2,716,546.50. This trade represents a 2.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 56,624 shares of company stock valued at $3,897,326 over the last three months. 0.26% of the stock is owned by corporate insiders.

Institutional Trading of General Mills

Several institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in shares of General Mills by 105.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,708,223 shares of the company’s stock valued at $421,552,000 after acquiring an additional 2,926,232 shares during the last quarter. State Street Corp increased its stake in General Mills by 9.4% in the 3rd quarter. State Street Corp now owns 33,502,737 shares of the company’s stock worth $2,474,177,000 after purchasing an additional 2,867,678 shares during the period. American Century Companies Inc. lifted its position in General Mills by 100.4% in the second quarter. American Century Companies Inc. now owns 4,728,710 shares of the company’s stock valued at $299,138,000 after purchasing an additional 2,368,563 shares during the last quarter. Wulff Hansen & CO. boosted its stake in shares of General Mills by 6,140.4% during the second quarter. Wulff Hansen & CO. now owns 945,421 shares of the company’s stock valued at $59,807,000 after purchasing an additional 930,271 shares during the period. Finally, International Assets Investment Management LLC grew its holdings in shares of General Mills by 6,114.0% in the third quarter. International Assets Investment Management LLC now owns 450,451 shares of the company’s stock worth $33,266,000 after purchasing an additional 443,202 shares during the last quarter. 75.71% of the stock is currently owned by hedge funds and other institutional investors.

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.