General Mills (GIS) has seen a lot of movement recently with other entities showing varying degrees of trust in the organization. Significant actions include
Signaturefd LLC, Apollon Wealth Management LLC, Wealthfront Advisers LLC, and others trimming their position while entities like
DekaBank Deutsche Girozentrale, Principal Financial Group Inc. and others have grown their stakes. The company has also faced fluctuations in ratings with
UBS maintaining a 'Sell' rating and lowering price target, while
Stifel Nicolaus has continued to show faith in the company.
General Mills had to slash its revenue forecast due to the influence of Trump Tariffs, and also witnessed a larger-than-expected profit drop. On the other hand, it did beat Q4 earnings estimates. The company has made notable changes in its product line, such as partnering with NFL stars for exclusive cereal flavors, planning to remove synthetic dyes from its food, and launching Cinnamon Toast Crunch Bacon Flavored Cereal. However, challenges loom ahead for the company with a weak annual profit forecast.
General Mills GIS News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sat, 19 Jul 2025 09:37:38 GMT -
Rating -5
- Innovation 1
- Information 4
- Rumor 3
