General Mills Executive Sells Over 1,000 Shares
Ricardo Fernandez, a Segment President at General Mills, sold 1,167 shares valued at $42,023.67.
Key Points
- Ricardo Fernandez, a Segment President at General Mills, sold 1,167 shares on June 28, 2026, for a total of $42,023.67.
- Shares of NYSE:GIS traded near $35.76 on Tuesday, with a market cap of $19.2 billion and a P/E ratio of 8.8.
- General Mills pays an annual dividend of $2.44 with a yield of 6.78%, and analysts have a consensus 'hold' rating on the stock.
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Ricardo Fernandez, a Segment President at General Mills, Inc. (NYSE:GIS), sold 1,167 shares of the company on June 28, 2026. The shares were sold at an average price of $36.01, totaling $42,023.67. This transaction was not part of a pre-planned trading program.
General Mills, Inc. Stock Down 8.5%
Shares of General Mills traded near $35.76 on Tuesday. The company has a market cap of about $19.2 billion with a P/E ratio of 8.8 and a forward P/E of 11.5. Its beta is slightly negative at -0.041, indicating less volatility compared to the market. Over the past year, the stock has ranged from a low of $31.75 to a high of $54.18. The 50-day moving average is $34.16, while the 200-day moving average is $42.55.
$GIS stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its most recent earnings report, General Mills posted revenue of approximately $18.4 billion, reflecting a growth of 2.2%. The company reported an EPS of $4.09, with a net margin of 12.1% and a return on equity of 23.6%. General Mills is expected to announce its next earnings on July 1, 2026.
Dividend
General Mills offers an annual dividend rate of $2.44, yielding 6.78%. The dividend payout ratio stands at 59.4%.
About General Mills
General Mills, Inc. is a major player in the packaged foods industry, operating from its headquarters in Minneapolis, Minnesota. The company manufactures and markets a wide range of consumer foods under various brands like Cheerios, Pillsbury, and Häagen-Dazs. With approximately 33,000 employees, General Mills caters to markets in the United States and internationally, distributing products through grocery stores, mass merchandisers, and more.
Bottom Line
Ricardo Fernandez's recent share sale at General Mills is a notable insider transaction, though it doesn't necessarily signal a negative outlook. Investors often watch such moves for potential insights into company leadership's confidence in the business. General Mills remains a significant player in the consumer defensive sector, with a stable market presence and a robust dividend offering. As always, it's important to remember that insider trades and 13F filings are backward-looking and may not reflect current positions.
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