Why General Mills (GIS) Stock Is Up Today

General Mills (GIS) is up 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a continued positive read-through from General Mills’ July 1 earnings release, which showed a quarterly earnings beat, a new multiyear cost-savings plan, and a maintained dividend. Today’s move also looks consistent with investors reassessing the stock as a lower-valuation, higher-yield defensive name after several analysts lifted price targets earlier this month.

Details:

General Mills reported fiscal fourth-quarter adjusted diluted earnings of $0.95 per share on July 1, ahead of expectations, while net sales of $4.61 billion were modestly above consensus.

The company said it is targeting $3 billion in cumulative cost savings through fiscal 2030, including at least $750 million in fiscal 2027, which may have improved sentiment around margins and cash flow.

Management kept returning cash to shareholders, declaring a quarterly dividend of $0.61 per share and extending a long uninterrupted dividend record, which supports the stock’s income appeal.

This could also be because investors are treating GIS as a rebound and value story: the shares still trade at a relatively low earnings multiple, and several price targets were raised after the earnings release.

Sources:

SEC, General Mills, StockAnalysis

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 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 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) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $682,367.
RICARDO FERNANDEZ (Segment President) sold 7,995 shares for an estimated $275,828

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$GIS Hedge Fund Activity

We have seen 559 institutional investors add shares of $GIS stock to their portfolio, and 640 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AQR CAPITAL MANAGEMENT LLC added 7,966,600 shares (+155.7%) to their portfolio in Q1 2026, for an estimated $294,525,202
BLACKROCK, INC. added 6,495,158 shares (+11.9%) to their portfolio in Q1 2026, for an estimated $240,125,991
CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 3,589,745 shares (-18.2%) from their portfolio in Q1 2026, for an estimated $132,712,872
UBS GROUP AG added 3,404,494 shares (+55.3%) to their portfolio in Q1 2026, for an estimated $125,864,143
ILEX CAPITAL PARTNERS (UK) LLP removed 2,986,890 shares (-62.8%) from their portfolio in Q1 2026, for an estimated $110,425,323
CAPITAL RESEARCH GLOBAL INVESTORS removed 2,734,427 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $101,091,766
DIAMOND HILL CAPITAL MANAGEMENT INC removed 1,963,110 shares (-29.1%) from their portfolio in Q1 2026, for an estimated $72,576,176

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$GIS Congressional Stock Trading

Members of Congress have traded $GIS stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 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. has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/16 and 1 sale worth up to $15,000 on 02/10.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$GIS Price Targets

Multiple analysts have issued price targets for $GIS recently. We have seen 18 analysts offer price targets for $GIS in the last 6 months, with a median target of $38.5.

Here are some recent targets:

Scott Marks from Jefferies set a target price of $36.0 on 07/02/2026
Peter Galbo from B of A Securities set a target price of $39.0 on 07/02/2026
Chris Carey from Wells Fargo set a target price of $33.0 on 07/02/2026
Steve Powers from Deutsche Bank set a target price of $33.0 on 07/02/2026
Robert Moskow from TD Cowen set a target price of $32.0 on 07/02/2026
Thomas Palmer from JP Morgan set a target price of $35.0 on 07/02/2026
Max Gumport from BNP Paribas set a target price of $38.0 on 07/02/2026

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.