Assessing Market Perception of GIS Stock Amid Downturn

After this afternoon's -1.1% drop to $68.3 per share, General Mills might just keep moving past its target price of $71.53. With an average analyst rating of hold, and target prices from $61.0 to $77.0, the stock's next move is anyone's guess.

General Mills's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.7%. The stock's short ratio is 3.83. The company's insiders own 0.21% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 79.2%. In conclusion, we believe there is mixed market sentiment regarding General Mills.

Institutions Invested in General Mills

Date Reported Holder Percentage Shares Value
2024-03-31 Vanguard Group Inc 11% 60,298,880 $4,118,413,688
2024-03-31 Blackrock Inc. 9% 52,311,465 $3,572,873,219
2024-03-31 State Street Corporation 5% 30,728,841 $2,098,779,934
2024-03-31 Capital International Investors 3% 18,413,360 $1,257,632,544
2024-03-31 Capital Research Global Investors 2% 13,650,388 $932,321,542
2024-03-31 Geode Capital Management, LLC 2% 12,166,622 $830,980,319
2024-03-31 Morgan Stanley 2% 8,732,884 $596,456,003
2024-03-31 Ameriprise Financial, Inc. 1% 7,749,911 $529,318,944
2024-03-31 Northern Trust Corporation 1% 7,086,891 $484,034,676
2024-03-31 Capital World Investors 1% 7,077,465 $483,390,881
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.