General Mills (GIS) is experiencing a period of significant changes and affects. The company received an
RS rating upgrade and achieved a new yearly high at $74.54. The
business update at the Barclays Global Consumer Staples Conference reaffirmed GIS's annual guidance. Institutional owners maintain a stranglehold on GIS shareholding, constituting between 78-80% of the total shareholding. However, the company's stock has experienced fluctuations, sometimes trading lower. There have been noteworthy investments from Strategy Asset Managers LLC, Van ECK Associates Corp, and National Bank of Canada FI. Important developments include General Mills' acquisition of
Edgard & Cooper and the
launch of their 'Accelerate' strategy. Q4 2024 earnings saw GIS top despite adverse pricing, and an expected larger dividend than last year. The company has released FY 2025 earnings guidance, and it has also demonstrated a steady growth rate over the past several years. Despite recent volatile consumer trends, GIS surged after surpassing Q3 earning and revenue estimates and analysts remain mostly bullish towards the company. Although debt levels raise concerns for some, an analysis of General Mill's dividend shows a promising yield.
General Mills GIS News Analytics from Thu, 14 Dec 2023 08:00:00 GMT to Sat, 07 Sep 2024 13:51:35 GMT -
Rating 7
- Innovation -4
- Information 7
- Rumor -3
