General Mills CEO Jeffrey Harmening Sells Shares
Jeffrey Harmening sold 4,187 shares of General Mills, Inc. on June 28, 2026.
Key Points
- Jeffrey Harmening, CEO of General Mills, sold 4,187 shares valued at $150,773.87 on June 28, 2026.
- Shares of NYSE:GIS traded near $35.76 on Tuesday, with a market cap of approximately $19.2 billion and a P/E ratio of 8.8.
- General Mills pays a dividend with a yield of 6.78%, and its next earnings report is set for July 1, 2026.
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Jeffrey Harmening, the Chairman of the Board and CEO of General Mills, Inc. (NYSE:GIS), sold 4,187 shares of the company on June 28, 2026. The transaction was valued at approximately $150,773.87, with an average selling price of $36.01 per share. This sale was not part of a pre-arranged trading plan.
General Mills, Inc. Stock Down 8.5%
Shares of NYSE:GIS traded near $35.76 on Tuesday. General Mills has a market cap of about $19.2 billion and a P/E ratio of 8.8. The stock's 52-week range spans from $31.75 to $54.18. Its 50-day moving average is $34.16, while the 200-day moving average is $42.55. The company's beta is slightly negative at -0.041, indicating less volatility compared to the broader market. General Mills has a current ratio of 0.563 and a debt-to-equity ratio of 217.63.
$GIS stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
General Mills reported revenue of approximately $18.37 billion, reflecting a growth of 2.2%. The company achieved a net margin of 12.05% and a return on equity of 23.59%. Earnings per share stood at $4.09. The company is scheduled to release its next earnings report on July 1, 2026.
Dividend
General Mills offers an attractive dividend, with an annual rate of $2.44 and a yield of 6.78%. The dividend payout ratio is 59.41%, indicating a sustainable distribution level.
About General Mills, Inc.
General Mills, Inc. is a leading global manufacturer and marketer of branded consumer foods. Based in Minneapolis, Minnesota, the company operates through various segments, including North America Retail, International, North America Pet, and North America Foodservice. It offers a wide range of products such as cereals, snacks, yogurt, and pet food under well-known brands like Cheerios, Betty Crocker, and Blue Buffalo. With around 33,000 employees, General Mills serves a diverse customer base, including grocery stores, e-commerce retailers, and foodservice operators.
Bottom Line
Jeffrey Harmening's recent sale of General Mills shares is a notable transaction, but it doesn't necessarily indicate a lack of confidence in the company. Investors often monitor insider transactions for potential signals, but it's important to consider the broader context. General Mills remains a significant player in the consumer food industry, with a solid dividend and upcoming earnings report on July 1, 2026.
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