Handelsbanken Fonder AB significantly increased its stake in General Mills, Inc. by 8.2% in the third quarter, holding shares valued at approximately $16.36 million. General Mills exceeded quarterly earnings estimates and announced a $0.61 quarterly dividend, leading to an average analyst rating of “Hold” with a target price of $50.42. The company’s stock has seen various adjustments in price targets and ratings from analysts recently, reflecting mixed sentiments.
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Handelsbanken Fonder AB Has $16.36 Million Holdings in General Mills, Inc. $GIS
Handelsbanken Fonder AB significantly increased its stake in General Mills, Inc. by 8.2% in the third quarter, holding shares valued at approximately $16.36 million. General Mills exceeded quarterly earnings estimates and announced a $0.61 quarterly dividend, leading to an average analyst rating of “Hold” with a target price of $50.42. The company’s stock has seen various adjustments in price targets and ratings from analysts recently, reflecting mixed sentiments.