Empowered Funds LLC Acquires 41,587 Shares of General Mills, Inc. $GIS

Empowered Funds LLC increased its stake in General Mills, Inc. (NYSE:GIS) by 19.9% in the second quarter, acquiring an additional 41,587 shares and bringing its total holdings to 251,038 shares valued at $8.7 million. Other institutional investors also adjusted their positions in GIS, which is 75.71% institutionally owned. Analysts currently hold a "Reduce" consensus rating for General Mills, with an average price target of $39.16, despite the company beating its recent earnings estimates and offering a 5.9% annualized dividend yield.