Principal Financial Group Inc. Sells 25,645 Shares of General Mills, Inc. $GIS

NodeGuardian · 2026-02-06T14:24:08+00:00

Principal Financial Group reduced its General Mills stake by 3.6%, holding 694,478 shares worth around $35 million. General Mills exceeded earnings estimates and reported a revenue drop, while providing FY2026 EPS guidance.

NodeGuardian

2026-02-06 14:24:08

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Principal Financial Group Inc. reduced its stake in General Mills, Inc. by 3.6% in the third quarter, selling 25,645 shares and ending with 694,478 shares valued at approximately $35 million. This follows General Mills beating quarterly earnings estimates with $1.10 EPS and reporting $4.86 billion in revenue, also announcing a quarterly dividend of $0.61. Despite a 7.2% year-over-year revenue decrease, the company set its FY2026 guidance at 3.58–3.79 EPS.

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