General Mills (GIS) is garnering significant attention in the investment world due to its robust performance in the market, beating Q3 earnings estimates, and a reported 27% return on equity. Notably, the firm managed to report sales for Q2, albeit below analyst estimates. Rising Advisors, Mather Group, and SageView Advisory Group have expanded their holdings, while others like Alaska Permanent Fund Corp and Fisher Asset Management increased their stake. There's company-wide anticipation for GIS's Q4 reports after Wall-Street released the estimated key metrics.
General Mills also gained attention by expanding their pet food portfolio with the acquisition of Edgard & Cooper, essentially gearing up to extend their reach and multiply share prices.
In a few instances, the shares reported a market uptick, with GIS up by 0.5% since their last earnings report. GIS's investors earned a significant 63% return over the last five years, and it's currently considered a top dividend, value, momentum and growth stock. A feature worth mentioning is the high level of institutional ownership, with around 80% shares held by big firms, indicating considerable trust amongst institutional investors.
General Mills continues to maintain its stride as it prepares for its Q3 Earnings.
General Mills GIS News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Sun, 23 Jun 2024 20:40:19 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor 2
