In a challenging market environment, General Mills Inch. (NYSE: ) shares touched a 52-week low, falling to $61.47. The food giant, known for a number of popular brands and an impressive 55-year dividend payout streak, has faced problems that have weighed on its share price over the past year, culminating in this recent low point. According to InvestingPro analysis, the company currently offers a dividend yield of 3.76% and trades at a P/E ratio of 13.36. Despite a generally defensive stance in the consumer staples sector, General Mills has not been immune to broader market trends and operational challenges, as reflected in its year-over-year change of 5.2%. Investors are closely watching the company’s performance as it moves through these market conditions, looking for signs of a turnaround or further indications of the pressures the industry is facing. InvestingPro data shows that the company maintains a GOOD overall financial health rating, with additional insights available in the comprehensive Pro Research Report, which provides a detailed analysis of what really matters to this consumer staples giant.
In other recent news, General Mills reported a significant development in its financial results. The company’s fiscal 2Q25 earnings revealed a 12% rise in earnings per share (EPS) to $1.40, beating consensus estimates. However, General Mills revised its full-year 2025 guidance downward, reflecting increased investment to maintain market share gains and achieve sustainable growth. Afterward, Stifel, a financial services firm, maintained a Buy rating on General Mills, although it cut its price target on the stock to $78 from $82. Bernstein SocGen Group and Jefferies also adjusted their price targets on General Mills to $68 and $66, respectively, maintaining their market perform and hold ratings. In contrast, Mizuho (NYSE:) and Citi maintained neutral views on the company’s stock. Amid these financial changes, General Mills has been linked to potential mergers and acquisitions that could reduce EPS by approximately 4%. These are the recent events surrounding General Mills.
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