Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of General Mills, Inc. (NYSE:GIS)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of General Mills, Inc. (NYSE:GIS). In a filing disclosed on November 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in General Mills stock on October 20th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
• Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.

General Mills Stock Performance

Shares of General Mills stock traded down $0.65 on Thursday, hitting $33.56. 8,039,239 shares of the company’s stock were exchanged, compared to its average volume of 8,657,607. The company has a 50-day simple moving average of $34.36 and a 200-day simple moving average of $37.17. The stock has a market capitalization of $17.94 billion and a PE ratio of 9.94. General Mills, Inc. has a 1 year low of $31.17 and a 1 year high of $49.59. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.39 and a current ratio of 0.70.

General Mills (NYSE:GIS) last issued its quarterly earnings data on Wednesday, September 23rd. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.03. General Mills had a negative net margin of 4.89% and a positive return on equity of 21.86%. The firm had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.35 billion. During the same quarter in the previous year, the firm posted $0.86 EPS. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. As a group, equities analysts anticipate that General Mills, Inc. will post 3.08 EPS for the current year.

General Mills Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, November 2nd. Shareholders of record on Tuesday, October 13th were given a $0.61 dividend. The ex-dividend date was Tuesday, October 13th. This represents a $2.44 annualized dividend and a yield of 7.3%. General Mills’s dividend payout ratio (DPR) is presently -146.99%.

Analysts Set New Price Targets

Several analysts have issued reports on GIS shares. Zacks Research raised General Mills from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. Bank of America reaffirmed a “neutral” rating on shares of General Mills in a research note on Thursday, September 24th. UBS Group reaffirmed a “sell” rating on shares of General Mills in a research note on Wednesday, September 16th. Jefferies Financial Group set a $35.00 price objective on General Mills in a research report on Thursday, September 10th. Finally, Weiss Ratings upgraded General Mills from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, October 29th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $36.24.

General Mills News Summary

Here’s some of the latest news about GIS:

• Neutral Sentiment: General Mills plans to reorganize its operating model into three segments, aiming to streamline operations and improve commercial execution. The potential efficiency and growth benefits remain to be proven. Can General Mills’ New Operating Model Drive Profitable Growth?
• Negative Sentiment: Piper Sandler downgraded GIS from Overweight to Neutral and cut its price target to $35 from $41, citing dividend risk. The firm sees a potential dividend reduction of about 35% as one way to free up cash for debt reduction and growth investment; this is an analyst warning, not an announced company decision. General Mills’ Hefty Dividend Could Be on the Chopping Block, Piper Sandler Warns
• Negative Sentiment: The downgrade and lower target add pressure ahead of a leadership change and restructuring, which may leave investors uncertain about the company’s near-term direction. What’s Going On With General Mills Stock Thursday?

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GIS. BNP Paribas boosted its position in shares of General Mills by 43.8% during the 3rd quarter. BNP Paribas now owns 129,215 shares of the company’s stock valued at $4,366,000 after acquiring an additional 39,339 shares during the last quarter. Hexagon Capital Partners LLC raised its stake in General Mills by 27.9% during the third quarter. Hexagon Capital Partners LLC now owns 11,272 shares of the company’s stock valued at $363,000 after purchasing an additional 2,460 shares in the last quarter. State Street Corp lifted its position in General Mills by 1.5% during the third quarter. State Street Corp now owns 34,498,788 shares of the company’s stock valued at $1,109,481,000 after purchasing an additional 494,884 shares during the last quarter. Advisors Asset Management Inc. bought a new position in General Mills during the third quarter valued at $4,250,000. Finally, Private Wealth Asset Management LLC grew its stake in shares of General Mills by 58.5% in the 3rd quarter. Private Wealth Asset Management LLC now owns 6,441 shares of the company’s stock worth $229,000 after buying an additional 2,378 shares in the last quarter. Institutional investors own 75.71% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About General Mills

General Mills, Inc. is a food company that develops, manufactures and markets branded consumer foods. Its products include breakfast cereals, snack bars, baking mixes and refrigerated dough, along with meals and pet food. Its brands include Cheerios, Nature Valley, Betty Crocker, Pillsbury and Blue Buffalo. The company traces its history to the Minneapolis Milling Company, established in 1866. The General Mills name was adopted in 1928 by the Washburn Crosby Company, a predecessor of today’s business.