Diageo (NYSE:DEO) Shares Unloaded Rep. Kelly Morrison

Representative Kelly Morrison (D-Minnesota) recently sold shares of Diageo plc (NYSE:DEO). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Diageo stock on March 20th. The trade occurred in the Representative’s “TRUST 2” account.

Representative Kelly Morrison also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 3/24/2025.
• Purchased $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 3/24/2025.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/21/2025.
• Sold $100,001 – $250,000 in shares of Target (NYSE:TGT) on 3/21/2025.
• Sold $15,001 – $50,000 in shares of Target (NYSE:TGT) on 3/21/2025.
• Sold $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of D.R. Horton (NYSE:DHI) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of CACI International (NYSE:CACI) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Target (NYSE:TGT) on 3/3/2025.

Diageo Stock Performance

DEO traded down $3.03 during midday trading on Tuesday, hitting $107.57. 774,623 shares of the company traded hands, compared to its average volume of 927,495. The company’s 50-day moving average is $107.95 and its 200 day moving average is $119.29. The company has a quick ratio of 0.67, a current ratio of 1.60 and a debt-to-equity ratio of 1.62. The firm has a market capitalization of $59.84 billion, a PE ratio of 15.70, a price-to-earnings-growth ratio of 2.39 and a beta of 0.63. Diageo plc has a 52 week low of $100.72 and a 52 week high of $144.27.

Diageo Dividend Announcement

The firm also recently declared a semi-annual dividend, which will be paid on Thursday, April 24th. Stockholders of record on Friday, February 28th will be paid a $1.62 dividend. This represents a dividend yield of 3.8%. The ex-dividend date is Friday, February 28th. Diageo’s dividend payout ratio is currently 46.42%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Canoe Financial LP lifted its position in Diageo by 88,407.3% during the fourth quarter. Canoe Financial LP now owns 8,113,468 shares of the company’s stock valued at $1,031,465,000 after purchasing an additional 8,104,301 shares in the last quarter. FMR LLC raised its stake in shares of Diageo by 10.9% in the fourth quarter. FMR LLC now owns 5,813,938 shares of the company’s stock worth $739,126,000 after buying an additional 571,873 shares during the period. Kovitz Investment Group Partners LLC lifted its position in shares of Diageo by 234.4% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 2,600,702 shares of the company’s stock valued at $330,627,000 after buying an additional 1,822,994 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Diageo by 0.3% during the 4th quarter. Royal Bank of Canada now owns 1,540,800 shares of the company’s stock valued at $195,883,000 after acquiring an additional 3,876 shares during the period. Finally, Bank of Montreal Can grew its stake in shares of Diageo by 1,181.5% during the 4th quarter. Bank of Montreal Can now owns 1,406,004 shares of the company’s stock valued at $178,745,000 after acquiring an additional 1,296,285 shares during the period. 8.97% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on DEO shares. Berenberg Bank assumed coverage on shares of Diageo in a research report on Wednesday, April 2nd. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft raised Diageo from a “sell” rating to a “hold” rating in a report on Monday, March 3rd. Finally, TD Cowen lifted their price objective on Diageo from $124.00 to $129.00 and gave the stock a “hold” rating in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $129.00.

About Representative Morrison

Kelly Morrison (Democratic Party) is a member of the U.S. House, representing Minnesota’s 3rd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Morrison (Democratic Party) is running for re-election to the U.S. House to represent Minnesota’s 3rd Congressional District. She declared candidacy for the 2026 election.

Kelly Morrison was born in Minneapolis, Minnesota, and lives in Deephaven. Morrison earned a B.A. in history from Yale University and an M.D. from Case Western Reserve University. She completed her residency in obstetrics and gynecology at Northwestern University. Morrison’s career experience includes working as a physician.

Diageo Company Profile

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products.