Rep. Kevin Hern Sells Shares of Diageo plc (NYSE:DEO)

Key Points

• Rep. Kevin Hern sold $1,001–$15,000 of Diageo stock on August 5 through the Hern Family Foundation account. He also sold similarly valued positions in six other companies, including Estée Lauder, Mondelez and Comcast.
• Diageo shares opened at $94.96, with a 52-week range of $72.45 to $116.41. The stock’s analyst consensus rating is “Hold”, with an average price target of $106.25, although Zacks Research recently downgraded it to “strong sell.”
• Institutional investors own approximately 8.97% of Diageo, with several smaller investment firms increasing their holdings during the fourth quarter.

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 Stock Down 2.2%

Shares of NYSE:DEO opened at $94.96 on Wednesday. The firm's 50 day simple moving average is $83.75 and its 200 day simple moving average is $83.97. The company has a current ratio of 1.60, a quick ratio of 0.71 and a debt-to-equity ratio of 1.53. Diageo plc has a fifty-two week low of $72.45 and a fifty-two week high of $116.41.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Diageo

Several institutional investors have recently bought and sold shares of the company. Glenview Trust Co grew its holdings in shares of Diageo by 3.7% during the fourth quarter. Glenview Trust Co now owns 2,928 shares of the company's stock worth $253,000 after buying an additional 104 shares in the last quarter. Mission Wealth Management LP lifted its stake in shares of Diageo by 4.0% in the fourth quarter. Mission Wealth Management LP now owns 2,992 shares of the company's stock worth $258,000 after buying an additional 114 shares in the last quarter. Intrust Bank NA lifted its stake in shares of Diageo by 4.4% in the fourth quarter. Intrust Bank NA now owns 3,270 shares of the company's stock worth $282,000 after buying an additional 138 shares in the last quarter. Elevation Point Wealth Partners LLC boosted its position in Diageo by 5.3% during the fourth quarter. Elevation Point Wealth Partners LLC now owns 2,792 shares of the company's stock worth $241,000 after acquiring an additional 141 shares during the last quarter. Finally, Autumn Glory Partners LLC boosted its position in Diageo by 1.5% during the fourth quarter. Autumn Glory Partners LLC now owns 9,908 shares of the company's stock worth $855,000 after acquiring an additional 143 shares during the last quarter. Institutional investors own 8.97% of the company's stock.

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.

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