General MillsGIS
Market Cap: $41.8B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
11% more call options, than puts
Call options by funds: $200M | Put options by funds: $180M
0.85% more ownership
Funds ownership: 76.63% [Q1] → 77.48% (+0.85%) [Q2]
4% less funds holding
Funds holding: 1,556 [Q1] → 1,493 (-63) [Q2]
10% less capital invested
Capital invested by funds: $30.3B [Q1] → $27.4B (-$2.9B) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 529 | Existing positions reduced: 596
25% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 6 (-2) [Q2]
37% less first-time investments, than exits
New positions opened: 106 | Existing positions closed: 169
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Mizuho John Baumgartner 80% 1-year accuracy 16 / 20 met price target | 17%downside $62 | Neutral Maintained | 3 Jul 2024 |
Barclays Andrew Lazar 75% 1-year accuracy 12 / 16 met price target | 11%downside $67 | Equal-Weight Maintained | 28 Jun 2024 |
Evercore ISI Group David Palmer 55% 1-year accuracy 11 / 20 met price target | 4%downside $72 | In-Line Maintained | 28 Jun 2024 |
B of A Securities Bryan Spillane 75% 1-year accuracy 15 / 20 met price target | 9%downside $68 | Neutral Maintained | 27 Jun 2024 |
Citigroup Thomas Palmer 31% 1-year accuracy 8 / 26 met price target | 9%downside $68 | Neutral Maintained | 27 Jun 2024 |
Financial journalist opinion
Based on 13 articles about GIS published over the past 30 days