General Mills Insider Elizabeth Mascolo Sells Shares

On June 28, 2026, Elizabeth Mascolo, Segment President at General Mills, Inc. (NYSE:GIS), sold 598 shares of the company. These shares were sold at an average price of $36.01 each, totaling approximately $21,534. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at General Mills, Inc.

In addition to Elizabeth Mascolo, several other executives at General Mills also sold shares on June 28, 2026. Jacqueline Williams-Roll, the Chief Human Resources Officer, sold 671 shares. Jaime Montemayor, the Chief Technology Officer, sold 2,927 shares. Dana McNabb, the Chief Operating Officer, parted with 1,410 shares, while Karen Wilson Thissen, General Counsel & Secretary, sold 2,082 shares. Kofi Bruce, the Chief Financial Officer, sold 3,881 shares, and Jeffrey Harmening, the Chairman of the Board & CEO, sold 4,187 shares. All transactions were executed at the same price of $36.01 per share.

Other Institutional Activity in General Mills

Several institutional investors have recently adjusted their holdings in General Mills. BlackRock, Inc. increased its stake by 6,495,158 shares, bringing its total to 60,927,453 shares worth about $2.27 billion. State Street Corp added 1,118,302 shares, now holding 34,189,266 shares valued at approximately $1.27 billion, marking a 3.4% increase. Meanwhile, Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions, each holding 34,679,875 and 27,880,289 shares, respectively. On the other hand, Charles Schwab Investment Management Inc reduced its position by 3,589,745 shares, ending with 16,108,174 shares valued at nearly $599.5 million.

General Mills, Inc. Stock Down 8.5%

Shares of General Mills traded near $35.76 on Tuesday. The company has a market capitalization of about $19.2 billion, with a P/E ratio of 8.8 and a forward P/E of 11.5. Its beta of -0.041 suggests lower volatility compared to the market. General Mills has a 52-week low of $31.75 and a high of $54.18. The stock's 50-day moving average is $34.16, while the 200-day moving average stands at $42.55. The company's liquidity ratios are relatively low, with a current ratio of 0.563 and a quick ratio of 0.304, alongside a debt-to-equity ratio of 217.629.

Recent Earnings

For the recent period, 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 next earnings report is scheduled for July 1, 2026.

Dividend

General Mills offers an annual dividend rate of $2.44 per share, yielding 6.78%. The dividend payout ratio is 59.41%, indicating a significant portion of earnings returned to shareholders.

Analysts Set New Price Targets

Several analysts have maintained their ratings on General Mills. On June 26, 2026, TD Cowen reiterated a 'hold' rating with a price target of $31. Evercore ISI Group also maintained a 'hold' rating on June 25, setting a target of $39. Morgan Stanley and JP Morgan both continued with 'sell' ratings earlier in June, with targets of $32 and $31, respectively. The consensus among analysts is to 'hold' the stock, with an average target price of $36.72.

About General Mills

General Mills, Inc., headquartered in Minneapolis, Minnesota, is a major player in the consumer defensive sector, specifically in packaged foods. The company manufactures and markets a wide variety of branded consumer foods, including cereals, snacks, yogurt, and pet foods, under well-known brands like Cheerios, Pillsbury, and Blue Buffalo. With a workforce of around 33,000 employees, General Mills operates across multiple segments, including North America Retail and International, and serves a global customer base.

Bottom Line

Elizabeth Mascolo's recent sale of General Mills shares is part of a broader trend of insider transactions at the company. Investors keep a close eye on these moves as they can signal confidence levels among company executives. It's important to remember that such insider transactions are reported after the fact and may not reflect current holdings. General Mills remains a significant player in the packaged foods industry, with stable earnings and a robust dividend offering.