General Mills CTO Jaime Montemayor Sells Shares
General Mills' CTO, Jaime Montemayor, sold 2,927 shares valued at $105,401.
Key Points
- Jaime Montemayor, CTO of General Mills, sold 2,927 shares for $105,401 on June 28, 2026.
- General Mills, trading around $35.76, has a market cap of $19.22 billion and a P/E ratio of 8.8.
- General Mills offers a 6.78% dividend yield, with a payout ratio of 59.41%.
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On June 28, 2026, Jaime Montemayor, the Chief Technology Officer of General Mills, Inc. (NYSE:GIS), sold 2,927 shares of the company. The transaction was valued at $105,401, with an average selling price of $36.01 per share. This sale was not planned under a Rule 10b5-1 trading plan.
General Mills, Inc. Stock Down 8.5%
Shares of NYSE:GIS traded near $35.76 on Tuesday. General Mills, a major player in the packaged foods industry, has a market capitalization of approximately $19.22 billion. The company's stock has a P/E ratio of 8.8 and a forward P/E of 11.5, indicating its current and future earnings potential. The stock has experienced a 52-week low of $31.75 and a high of $54.18. Its 50-day moving average is $34.16, while the 200-day moving average is $42.55. General Mills has a beta of -0.041, suggesting minimal correlation with market movements. The company's financial health shows a current ratio of 0.563 and a quick ratio of 0.304, alongside 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 $18.37 billion, with a modest growth rate of 2.2%. The company's earnings per share (EPS) stand at $4.09. Its net margin is 12.05%, and it boasts a return on equity (ROE) of 23.59%. Investors can expect the next earnings report on July 1, 2026.
Dividend
General Mills offers an annual dividend rate of $2.44, yielding 6.78% based on current share prices. The dividend payout ratio is 59.41%, indicating a sustainable payout relative to earnings.
About General Mills, Inc.
General Mills, Inc., headquartered in Minneapolis, Minnesota, is a leading global manufacturer and marketer of branded consumer foods. The company operates through segments such as North America Retail, International, North America Pet, and North America Foodservice. Its product lineup includes cereals, yogurt, snacks, and pet food, marketed under well-known brands like Cheerios, Häagen-Dazs, and Blue Buffalo. Led by CEO Jeffrey L. Harmening, General Mills employs around 33,000 people worldwide.
Bottom Line
Jaime Montemayor's recent sale of General Mills shares is a notable transaction, reflecting insider activity at the company. General Mills remains a significant player in the consumer defensive sector, with a diverse product portfolio and a stable dividend yield. As always, it's important to remember that insider transactions like these are just one piece of the puzzle for investors, offering insights into company dynamics but not necessarily predicting future performance.
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