General Mills stock is trading -8.46% below its average target price of $81.41 after dropping -1.2% during today's evening session. Analysts are giving the large-cap Food Chains company an average rating of hold and target prices ranging from $69.0 to $91.0 per share.
The stock has an average amount of shares sold short at 2.6%, and a short ratio of 3.54. The company's insiders own 0.23% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 79.1% of General Mills's shares being owned by this investor type.
Institutions Invested in General Mills
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Blackrock Inc. | 9% | 54,434,668 | $4,056,471,276 |
| 2023-03-31 | Vanguard Group Inc | 9% | 52,280,269 | $3,895,925,470 |
| 2023-03-31 | Capital International Investors | 6% | 33,535,450 | $2,499,061,621 |
| 2023-03-31 | State Street Corporation | 6% | 32,860,122 | $2,448,736,181 |
| 2023-03-31 | Capital Research Global Investors | 4% | 22,424,705 | $1,671,088,941 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 11,336,837 | $844,821,055 |
| 2023-03-31 | Morgan Stanley | 1% | 8,124,441 | $605,433,316 |
| 2023-03-31 | Northern Trust Corporation | 1% | 7,777,532 | $579,581,658 |
| 2023-03-31 | Charles Schwab Investment Management, Inc. | 1% | 7,561,050 | $563,449,420 |
| 2023-03-31 | Capital World Investors | 1% | 7,179,561 | $535,020,861 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on General Mills.
