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[BUSINESS] · United States · 2 sources

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General Mills sees institutional investment shifts and analyst rating upgrades

General Mills, Inc. has seen recent activity regarding institutional holdings and analyst ratings. Surience Private Wealth LLC acquired 89,824 shares during the second quarter, a position valued at approximately $3,126,000. This acquisition represents 2.7% of the firm's investment portfolio.

Other institutional investors have also adjusted their positions. BNP Paribas Financial Markets increased its holdings by 13.1%, while KBC Group NV boosted its stake by 40.5%. Fifth Third Bancorp significantly increased its position by 140.2% during the fourth quarter.

In terms of market analysis, Zacks Research upgraded General Mills from a ‘strong sell’ to a ‘hold’ rating. Other financial institutions have provided varying outlooks: JPMorgan Chase & Co. raised its price target to $35.00 while maintaining an ‘underweight’ rating, and Barclays lowered its price target to $36.00 with an ‘equal weight’ rating. The company currently holds a market capitalization of $20.75 billion.

Entities

Barclays · General Mills, Inc. · JPMorgan Chase & Co. · Surience Private Wealth LLC · Zacks Research