General Mills stock is trading -5.25% below its average target price of $67.95 after dropping -1.7% during today's morning session. Analysts are giving the Large-Cap Packaged Foods company an average rating of hold and target prices ranging from $62.0 to $74.0 per share.
The stock has an average amount of shares sold short at 3.1%, and a short ratio of 3.31. The company's insiders own 0.22% 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 79.9% of General Mills's shares being owned by this investor type.
Institutions Invested in General Mills
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 11% | 60,298,880 | $3,882,041,728 |
| 2024-03-31 | Blackrock Inc. | 9% | 52,311,465 | $3,367,811,973 |
| 2024-03-31 | State Street Corporation | 6% | 30,728,841 | $1,978,322,699 |
| 2024-03-31 | Capital International Investors | 3% | 18,413,360 | $1,185,452,066 |
| 2024-03-31 | Capital Research Global Investors | 2% | 13,650,388 | $878,811,941 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 12,166,622 | $783,287,090 |
| 2024-03-31 | Morgan Stanley | 2% | 8,732,884 | $562,223,047 |
| 2024-03-31 | Ameriprise Financial, Inc. | 1% | 7,749,911 | $498,939,248 |
| 2024-03-31 | Northern Trust Corporation | 1% | 7,086,891 | $456,254,023 |
| 2024-03-31 | Capital World Investors | 1% | 7,077,465 | $455,647,177 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on General Mills.
