General Mills, Inc. (NYSE:GIS) has seen a range of activities recently. The corporation has been a focus of institutional investors, as companies such as Blue Trust Inc., Ellsworth Advisors LLC, AdvisorNet Financial Inc, and Diversified Trust Co have all increased their GIS positions. Despite this, ORG Partners LLC and Wealth Enhancement Advisory Services LLC have lessened their stakes. The company's ROE continues to surpass industry averages, and it also announced a growth in its pet food portfolio through the acquisition of Edgard & Cooper. It remains bullish with their earnings estimates, even amidst some volatile consumer trends and cost challenges. General Mills also recently reported its Q4 2024 earnings and despite adverse pricing, they still managed to top analysts' predictions. However, the company faced a decline in Q4 sales leading to a drop in share prices. The company's five-year ROE growth rate trails the 8.6% YoY shareholder returns and investing in General Mills five years ago would have provided a significant gain. All these factors indicate strong financial performance, although they may not necessarily spark innovation.
General Mills GIS News Analytics from Wed, 20 Dec 2023 08:00:00 GMT to Sun, 18 Aug 2024 12:06:35 GMT -
Rating 7
- Innovation -5
- Information 7
- Rumor -3
