General Mills, Inc. $GIS Shares Purchased by HighTower Advisors LLC
MarketBeat
HighTower Advisors LLC significantly increased its stake in General Mills, Inc. (NYSE:GIS) by 41% during the second quarter, acquiring over 1.2 million additional shares, bringing their total to 4.14 million shares valued at approximately $144.1 million. Despite this, analyst sentiment remains cautious with a consensus "Reduce" rating and an average price target of $39.37. General Mills recently exceeded quarterly earnings expectations with $0.95 EPS against an $0.80 consensus, and reported a 1.
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