General Mills slides 6.84% after cutting fiscal 2026 sales and profit outlook

General Mills (GIS) is down 6.84% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to a fresh reduction in the company’s fiscal 2026 outlook, which signaled weaker demand and a slower, costlier volume recovery than previously expected. Investors likely repriced the stock after the new ranges implied a larger earnings decline versus prior guidance.

Details:

General Mills tightened its fiscal 2026 organic net sales outlook to a decline of 1.5% to 2%, versus a prior range of down 1% to up 1%.

The company also lowered its fiscal 2026 adjusted operating profit and adjusted diluted EPS outlook to a decline of 16% to 20% in constant currency, versus a prior expected decline of 10% to 15%.

Management framed the update around a still-volatile consumer backdrop, heightened uncertainty in purchase behavior, and a slower-than-expected volume recovery.

The outlook cut was shared alongside management commentary at the CAGNY conference, putting extra focus on near-term demand and cost pressures.

Sources:

General Mills Investor Relations

MarketWatch

Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$GIS Insider Trading Activity

$GIS insiders have traded $GIS stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $GIS stock by insiders over the last 6 months:

JACQUELINE WILLIAMS-ROLL (Chief Human Resources Officer) sold 4,000 shares for an estimated $200,156
PAUL JOSEPH GALLAGHER (Chief Supply Chain Officer) sold 1,500 shares for an estimated $72,230

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$GIS Hedge Fund Activity

We have seen 565 institutional investors add shares of $GIS stock to their portfolio, and 857 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 20,400,917 shares (-75.5%) from their portfolio in Q4 2025, for an estimated $948,642,640
ILEX CAPITAL PARTNERS (UK) LLP added 5,880,323 shares (+inf%) to their portfolio in Q3 2025, for an estimated $296,485,885
AMERIPRISE FINANCIAL INC removed 4,418,986 shares (-71.9%) from their portfolio in Q3 2025, for an estimated $222,805,274
PACER ADVISORS, INC. removed 3,061,673 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $142,367,794
JPMORGAN CHASE & CO removed 2,269,525 shares (-38.3%) from their portfolio in Q4 2025, for an estimated $105,532,912
MILLENNIUM MANAGEMENT LLC removed 1,890,552 shares (-70.7%) from their portfolio in Q3 2025, for an estimated $95,321,631
INTEGRITY ALLIANCE, LLC. added 1,606,382 shares (+8294.9%) to their portfolio in Q4 2025, for an estimated $74,696,763

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$GIS Congressional Stock Trading

Members of Congress have traded $GIS stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $GIS stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 12/19.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$GIS Analyst Ratings

Wall Street analysts have issued reports on $GIS in the last several months. We have seen 0 firms issue buy ratings on the stock, and 2 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Sell" rating on 09/18/2025
Morgan Stanley issued a "Underweight" rating on 09/15/2025

To track analyst ratings and price targets for $GIS, check out Quiver Quantitative's $GIS forecast page.

$GIS Price Targets

Multiple analysts have issued price targets for $GIS recently. We have seen 9 analysts offer price targets for $GIS in the last 6 months, with a median target of $49.0.

Here are some recent targets:

Chris Carey from Wells Fargo set a target price of $49.0 on 01/05/2026
Megan Alexander from Morgan Stanley set a target price of $47.0 on 12/22/2025
Alexia Howard from Bernstein set a target price of $54.0 on 12/18/2025
Robert Moskow from TD Cowen set a target price of $47.0 on 12/18/2025
Matthew Smith from Stifel set a target price of $52.0 on 12/11/2025
Rob Dickerson from Jefferies set a target price of $47.0 on 12/11/2025
Andrew Lazar from Barclays set a target price of $52.0 on 09/19/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.