General Mills (GIS) has been a topic of periodic conversation, indicating mixed market sentiment. Notably,
Jim Cramer has varied opinions, promoting it at
$59, later stating its growth has disappeared and it struggles as GLP-1 weight loss drugs chart a takeover. Investment firms show alternating buying and selling actions. For instance,
Mariner LLC acquired
41,917 shares while
XTX Topco Ltd sold its position. Dividend-focused perspectives have praised GIS as a consistently high-yielding stock, yet other voices lean bearish indicating stock value dropping due to snacking slowdown impacting the company’s outlook. Despite a rather tumultuous stretch, several significant purchases show continued faith in GIS, with
LSV Asset Management buying 1,508,680 shares and
Invesco Ltd acquiring 924,982 shares. The company seems focused on product innovation and strategic moves. Notwithstanding, the fiscal 2025 Q3 results showed disappointment with lowered sales guidance amidst a slowdown in snacking and future earnings expected to decline. Yet, some analysts maintain GIS as a solid long-term investment. with attractive relative valuation providing value and income. Overall, the outlook on GIS is uncertain with varying market sentiment.
General Mills GIS News Analytics from Mon, 07 Oct 2024 07:00:00 GMT to Sat, 19 Apr 2025 09:44:55 GMT -
Rating 0
- Innovation -2
- Information 7
- Rumor -5
