Diageo plc $DEO Stock: Lazari Capital Management Inc. Reduces Holdings

Posted by Brenda Bartman on Oct 20th, 2026

Lazari Capital Management Inc. lessened its stake in Diageo plc (NYSE:DEO – Free Report) by 57.2% in the 3rd quarter, Holdings Channel reports. The firm owned 4,720 shares of the company’s stock after selling 6,300 shares during the period. Lazari Capital Management Inc.’s holdings in Diageo were worth $404,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Abel Hall LLC purchased a new position in shares of Diageo during the third quarter worth $306,000. Global Strategic Management Inc. raised its holdings in shares of Diageo by 1.9% in the 3rd quarter. Global Strategic Management Inc. now owns 10,550 shares of the company’s stock valued at $904,000 after buying an additional 200 shares during the period. TT Capital Management LLC raised its holdings in shares of Diageo by 14.7% in the 3rd quarter. TT Capital Management LLC now owns 6,573 shares of the company’s stock valued at $563,000 after buying an additional 840 shares during the period. Mather Group LLC. raised its holdings in shares of Diageo by 794.4% in the 3rd quarter. Mather Group LLC. now owns 322 shares of the company’s stock valued at $28,000 after buying an additional 286 shares during the period. Finally, Mitchell & Pahl Private Wealth LLC lifted its stake in Diageo by 9.2% during the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 9,259 shares of the company’s stock worth $793,000 after acquiring an additional 783 shares in the last quarter. Hedge funds and other institutional investors own 8.97% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. UBS Group restated a “neutral” rating on shares of Diageo in a report on Thursday, August 27th. Weiss Ratings reiterated a “sell (d)” rating on shares of Diageo in a research note on Thursday. TD Cowen reiterated a “buy” rating on shares of Diageo in a research note on Monday, August 10th. Finally, Zacks Research raised shares of Diageo from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.33.

Check Out Our Latest Research Report on Diageo

Diageo Stock Up 0.1%

DEO stock traded up $0.13 during midday trading on Tuesday, hitting $93.62. The company’s stock had a trading volume of 396,420 shares, compared to its average volume of 1,456,267. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.62 and a current ratio of 1.60. Diageo plc has a 52-week low of $72.45 and a 52-week high of $102.74. The firm has a 50-day simple moving average of $89.55 and a 200-day simple moving average of $84.80.

Diageo Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Friday, October 16th will be given a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, October 16th. This represents a dividend yield of 252.0%.

Diageo Profile

(Free Report)

Diageo plc is a global beverage-alcohol company headquartered in London, England. It develops, produces, markets and distributes spirits, beer and ready-to-drink beverages through a portfolio of well-known international and regional brands.

Its brands include Johnnie Walker, Crown Royal and Bulleit whiskies; Smirnoff, Cîroc and Ketel One vodkas; Captain Morgan rum; Don Julio and Casamigos tequila; Tanqueray gin; Baileys liqueur; and Guinness stout. The company sells products through retail, hospitality and e-commerce channels, serving consumers in markets across North America, Europe, Asia-Pacific, Latin America, Africa and other regions.

Diageo was formed in 1997 through the merger of Grand Metropolitan and Guinness.