Rep. Kevin Hern Unloads Diageo plc (NYSE:DEO) Stock

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Diageo plc (NYSE:DEO). In a filing disclosed on August 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Diageo stock on August 5th. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Estee Lauder Companies (NYSE:EL) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Organon & Co. (NYSE:OGN) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Mondelez International (NASDAQ:MDLZ) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Versant (NASDAQ:VSNT) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Comcast (NASDAQ:CMCSA) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Kenvue (NYSE:KVUE) on 8/5/2026.

Diageo Price Performance

Shares of NYSE DEO opened at $93.86 on Thursday. The company has a quick ratio of 0.71, a current ratio of 1.60 and a debt-to-equity ratio of 1.53. Diageo plc has a 1-year low of $72.45 and a 1-year high of $116.41. The business’s fifty day moving average price is $84.05 and its two-hundred day moving average price is $83.99.

Hedge Funds Weigh In On Diageo

A number of institutional investors and hedge funds have recently bought and sold shares of DEO. Bank of Montreal Can lifted its stake in shares of Diageo by 428.7% in the 4th quarter. Bank of Montreal Can now owns 2,173,047 shares of the company’s stock worth $187,469,000 after acquiring an additional 1,762,027 shares during the period. Orbis Allan Gray Ltd increased its stake in shares of Diageo by 236.6% during the second quarter. Orbis Allan Gray Ltd now owns 1,157,991 shares of the company’s stock valued at $116,772,000 after acquiring an additional 813,973 shares during the period. Raymond James Financial Inc. raised its holdings in Diageo by 48.5% during the third quarter. Raymond James Financial Inc. now owns 1,701,878 shares of the company’s stock worth $162,410,000 after purchasing an additional 555,509 shares in the last quarter. Brandywine Global Investment Management LLC bought a new stake in Diageo during the fourth quarter worth approximately $46,763,000. Finally, Altshuler Shaham Ltd acquired a new stake in Diageo in the first quarter worth approximately $37,225,000. Institutional investors own 8.97% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DEO. Weiss Ratings restated a “sell (d)” rating on shares of Diageo in a research report on Friday, July 17th. Zacks Research downgraded shares of Diageo from a “hold” rating to a “strong sell” rating in a research report on Monday, July 27th. Loop Capital set a $99.00 target price on shares of Diageo in a research note on Thursday, June 18th. Finally, TD Cowen restated a “buy” rating on shares of Diageo in a research report on Monday. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $106.25.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

Diageo Company Profile

Diageo plc is a global producer, marketer and distributor of alcoholic beverages, headquartered in London, England. The company was created through the 1997 merger of Guinness plc and Grand Metropolitan plc and is publicly traded on multiple exchanges, including the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange. Diageo operates a worldwide business, selling products in a broad range of markets across the Americas, Europe, Africa, Asia and Latin America.

Diageo’s core activities cover the production, marketing and sale of a diverse portfolio of spirits, beer and liqueurs.