General Mills (NYSE:GIS) has been the focus of recent reports, with the company declaring a dividend of $0.60. The issuer's consensus rating has been assigned as a 'Hold' by brokerages. Q1 2025 results indicated strong financial performance. It is suggested that General Mills provides a hedge against S&P 500 volatility. As per records, both SG Americas Securities LLC and Clifford Capital Partners LLC have increased their positions in General Mills. Despite Earnings winning, the sales have reflected a drop. However, the company is betting on a 2025 rebound. Reports indicate a 3.3% increase since the last earnings report. Acquisition of Edgard & Cooper aligns with the company's strategy to expand its pet food portfolio. Notably, 80% ownership of General Mills lies with institutional investors. General Mills recently announced agreements to sell its North American Yogurt Business to Lactalis and Sodiaal. Investors are watching keenly for insights about the strategic shifts and a potential activism. Recent reports indicate a dip in the market cap which may force institutional owners to take severe actions. The company's stock has seen a decline in the recent days despite high expectation abounding for Q1 2025 results.
General Mills GIS News Analytics from Mon, 08 Apr 2024 07:00:00 GMT to Sat, 05 Oct 2024 14:23:02 GMT -
Rating -2
- Innovation 2
- Information 3
- Rumor -5
