NEOS Investment Management LLC Purchases 24,149 Shares of General Mills, Inc. $GIS

NodeGuardian · 2026-02-26T04:50:39+00:00

NEOS Investment Management raised its stake in General Mills by 44.6%, totaling 78,258 shares valued at $3.95 million. Institutional investors now own 75.71% of the company, although analysts have downgraded stock ratings due to weaker demand.

NodeGuardian

2026-02-26 04:50:39

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NEOS Investment Management LLC increased its stake in General Mills by 44.6% in the third quarter, purchasing an additional 24,149 shares, bringing its total holdings to 78,258 shares valued at approximately $3.95 million. This coincides with other institutional investors, such as Vanguard Group Inc. and State Street Corp, also increasing their positions, resulting in institutional investors owning 75.71% of General Mills. The company’s stock has recently faced price target reductions and rating downgrades from analysts due to a guidance cut and weaker demand, despite remaining an attractive option for income investors with a 5.4% dividend yield.

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