General Mills, Inc. $GIS Stock: Kestra Advisory Services LLC Increases Holdings

Posted by Grant Hamersma on Nov 12th, 2026

Kestra Advisory Services LLC increased its position in shares of General Mills, Inc. (NYSE:GIS – Free Report) by 9.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 216,199 shares of the company’s stock after buying an additional 18,995 shares during the quarter. Kestra Advisory Services LLC’s holdings in General Mills were worth $6,953,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Brown Shipley& Co Ltd acquired a new stake in General Mills during the first quarter worth $26,000. Main Street Group LTD purchased a new stake in General Mills in the first quarter valued at $27,000. Silvant Capital Management LLC purchased a new stake in General Mills in the second quarter valued at $26,000. Elevation Wealth Partners LLC acquired a new position in shares of General Mills in the 2nd quarter valued at $27,000. Finally, CoreCap Advisors LLC lifted its stake in shares of General Mills by 92.9% in the 2nd quarter. CoreCap Advisors LLC now owns 787 shares of the company’s stock valued at $27,000 after purchasing an additional 379 shares during the last quarter. 75.71% of the stock is currently owned by institutional investors and hedge funds.

General Mills Stock Down 1.3%

NYSE:GIS opened at $34.16 on Thursday. The company has a quick ratio of 0.39, a current ratio of 0.70 and a debt-to-equity ratio of 1.66. The stock’s fifty day moving average is $34.51 and its two-hundred day moving average is $37.23. General Mills, Inc. has a 52 week low of $31.17 and a 52 week high of $49.59. The stock has a market capitalization of $18.26 billion and a price-to-earnings ratio of -20.58.

General Mills (NYSE:GIS – Get Free Report) last issued its quarterly earnings data on Wednesday, September 23rd. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.03. The business had revenue of $4.39 billion during the quarter, compared to analysts’ expectations of $4.35 billion. General Mills had a positive return on equity of 21.86% and a negative net margin of 4.89%. The company’s revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 earnings per share. Research analysts anticipate that General Mills, Inc. will post 3.08 EPS for the current year.

General Mills Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 2nd. Investors of record on Tuesday, October 13th were issued a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date was Tuesday, October 13th. General Mills’s dividend payout ratio (DPR) is -146.99%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. UBS Group reiterated a “sell” rating on shares of General Mills in a report on Wednesday, September 16th. Zacks Research upgraded shares of General Mills from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. Weiss Ratings raised shares of General Mills from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, October 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $45.00 target price on shares of General Mills in a research note on Monday, September 21st. Finally, TD Cowen lifted their price target on shares of General Mills from $32.00 to $33.00 and gave the company a “hold” rating in a research report on Thursday, September 24th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $36.59.

Get Our Latest Analysis on General Mills

Latest General Mills News

Here’s some of the latest news about GIS:

Positive Sentiment: The new operating model is presented as a way to improve efficiency and support profitable growth over time. That offers a possible strategic upside, but it is a longer-term plan rather than an immediate earnings improvement. Can General Mills’ New Operating Model Drive Profitable Growth?
Neutral Sentiment: Commentary has described GIS as a potential bargain after a substantial decline in its shares. This could attract value-oriented buyers, but the valuation argument alone does not resolve concerns about the company’s growth outlook. General Mills (GIS) Stock Could Be A Bargain After A 38% Fall
Neutral Sentiment: The restructuring news is the clearest recent company-specific development in these reports. The articles do not describe an immediate financial impact, so investors may wait for evidence that the new structure improves results. General Mills to reorganize operating model into three segments

About General Mills

(Free Report)

General Mills, Inc. is a food company that develops, manufactures and markets branded consumer foods. Its products include breakfast cereals, snack bars, baking mixes and refrigerated dough, along with meals and pet food. Its brands include Cheerios, Nature Valley, Betty Crocker, Pillsbury and Blue Buffalo. The company traces its history to the Minneapolis Milling Company, established in 1866. The General Mills name was adopted in 1928 by the Washburn Crosby Company, a predecessor of today’s business.