Piper Sandler Has Lowered Expectations for General Mills (NYSE:GIS) Stock Price

General Mills (NYSE:GIS) had its target price cut by Piper Sandler from $60.00 to $53.00 in a report released on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Piper Sandler’s price target indicates a potential upside of 17.96% from the stock’s previous close.

A number of other analysts have also recently commented on GIS. Evercore reissued a “positive” rating on shares of General Mills in a research note on Thursday, December 18th. Sanford C. Bernstein set a $54.00 price objective on General Mills and gave the stock a “market perform” rating in a report on Thursday, December 18th. Royal Bank Of Canada set a $63.00 price objective on General Mills and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. TD Cowen restated a “hold” rating on shares of General Mills in a research report on Monday, December 15th. Finally, Morgan Stanley set a $47.00 price objective on General Mills and gave the company an “underweight” rating in a research note on Wednesday, December 17th. Five equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, General Mills presently has an average rating of “Hold” and an average price target of $52.56.

General Mills Stock Down 7.1%

Shares of GIS opened at $44.93 on Wednesday. General Mills has a 12 month low of $42.78 and a 12 month high of $67.35. The firm has a market cap of $23.97 billion, a P/E ratio of 9.66 and a beta of -0.06. The company has a current ratio of 0.66, a quick ratio of 0.39 and a debt-to-equity ratio of 1.30. The stock’s 50 day moving average is $46.15 and its two-hundred day moving average is $47.74.

General Mills (NYSE:GIS) last released its quarterly earnings results on Wednesday, December 17th. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.07. The firm had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.78 billion. General Mills had a net margin of 13.51% and a return on equity of 21.41%. The firm’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.40 EPS. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Analysts predict that General Mills will post 4.36 earnings per share for the current fiscal year.

Insider Activity

In other General Mills news, insider Paul Joseph Gallagher sold 1,500 shares of General Mills stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $48.15, for a total transaction of $72,225.00. Following the transaction, the insider directly owned 48,568 shares of the company’s stock, valued at $2,338,549.20. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Institutional Trading of General Mills

Institutional investors have recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC acquired a new stake in General Mills during the third quarter worth $25,000. Bruce G. Allen Investments LLC grew its holdings in shares of General Mills by 139.8% during the 4th quarter. Bruce G. Allen Investments LLC now owns 578 shares of the company’s stock worth $27,000 after purchasing an additional 337 shares during the period. Close Asset Management Ltd acquired a new stake in shares of General Mills during the 3rd quarter worth about $28,000. Davis Capital Management purchased a new stake in General Mills in the 3rd quarter valued at about $29,000. Finally, Zions Bancorporation National Association UT raised its holdings in General Mills by 248.1% in the 4th quarter. Zions Bancorporation National Association UT now owns 630 shares of the company’s stock valued at $29,000 after buying an additional 449 shares during the period. Hedge funds and other institutional investors own 75.71% of the company’s stock.

Key Headlines Impacting General Mills

Here are the key news stories impacting General Mills this week:

• Positive Sentiment: Management presented progress on its “Accelerate” strategy at the CAGNY conference, emphasizing brand focus and plans to drive sustainable growth — a reminder of long‑term initiatives that could support recovery. Article Title
• Neutral Sentiment: CAGNY presentation materials and transcript are available for investors to assess execution detail and management commentary (useful for gauging whether strategy mitigates near‑term headwinds). Article Title
• Negative Sentiment: General Mills cut its FY‑2026 organic net sales outlook to a 1.5%–2% decline (previously down 1% to up 1%) and lowered EPS guidance to $3.37–$3.54 versus consensus ~3.66 — the direct catalyst for the stock drop. Article Title
• Negative Sentiment: Coverage across outlets highlights that weaker consumer sentiment is shifting shoppers to cheaper options and promotions, pressuring volume and margins. Article Title
• Negative Sentiment: Company flagged rising restructuring costs (reported as roughly $165M) and said market volatility will meaningfully weigh on net sales growth, adding near‑term expense pressure. Article Title
• Negative Sentiment: Unusually large put option buying (over 20k puts, ~226% above average) signals heavy short‑term bearish positioning and adds downward pressure on the share price. (internal trade data reported)
• Neutral Sentiment: Broker consensus remains around a “Hold” on average; investors should watch management’s detailed CAGNY commentary and upcoming cadence for signs guidance stabilization or margin relief. Article Title

General Mills Company Profile

General Mills, Inc (NYSE: GIS) is a multinational consumer foods company that develops, manufactures and markets a broad portfolio of branded food products. Its product categories include ready-to-eat and hot cereals, baking mixes and ingredients, snacks and bars, refrigerated and frozen doughs, yogurt and other dairy products, and a variety of shelf-stable meals and meal components. The company’s portfolio features widely recognized consumer brands across grocery store, mass channel and foodservice outlets.

Founded in the early 20th century and incorporated under its current name in 1928, General Mills has grown through both internal brand development and strategic expansion to become a global food company.