Quantinno Capital Management LP Has $2.88 Million Holdings in Diageo plc $DEO

Quantinno Capital Management LP lowered its position in Diageo plc (NYSE:DEO) by 19.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 38,630 shares of the company’s stock after selling 9,085 shares during the period. Quantinno Capital Management LP’s holdings in Diageo were worth $2,876,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Glenview Trust Co lifted its holdings in Diageo by 3.7% in the fourth quarter. Glenview Trust Co now owns 2,928 shares of the company’s stock valued at $253,000 after buying an additional 104 shares during the period. Mission Wealth Management LP grew its holdings in Diageo by 4.0% during the 4th quarter. Mission Wealth Management LP now owns 2,992 shares of the company’s stock worth $258,000 after acquiring an additional 114 shares during the period. Intrust Bank NA grew its holdings in Diageo by 4.4% during the 4th quarter. Intrust Bank NA now owns 3,270 shares of the company’s stock worth $282,000 after acquiring an additional 138 shares during the period. Elevation Point Wealth Partners LLC raised its position in shares of Diageo by 5.3% in the 4th 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 in the last quarter. Finally, Autumn Glory Partners LLC raised its position in shares of Diageo by 1.5% in the 4th quarter. Autumn Glory Partners LLC now owns 9,908 shares of the company’s stock worth $855,000 after acquiring an additional 143 shares in the last quarter. 8.97% of the stock is currently owned by institutional investors and hedge funds.

Key Diageo News

Here are the key news stories impacting Diageo this week:

• Positive Sentiment: CEO Dave Lewis outlined a three-year turnaround plan targeting $1 billion in cost savings and approximately $8 billion of cumulative cash generation. Savings are expected to come from operational and supply-chain improvements, although the program is expected to incur about $1.2 billion in costs. World’s biggest spirits maker pops 6% on $1 billion cost-cutting plan
• Positive Sentiment: Underlying profit increased despite lower sales, while stronger cash flow supports management’s financial targets and provides additional flexibility for the turnaround. Diageo PLC FY 2026 Earnings Call Highlights
• Positive Sentiment: Citi said Diageo’s prolonged earnings downgrade cycle may be over, raising its fiscal 2027 earnings-per-share forecast by 3% and fiscal 2028 forecast by 6%. The revisions reinforce expectations that cost savings and restructuring could stabilize earnings. Citi says Diageo’s earnings downgrade cycle is finally over
• Neutral Sentiment: Management’s strategy emphasizes restoring growth in the United States, improving productivity and allocating capital more efficiently. Execution will be important because the plan involves significant restructuring costs. The Simple Framework Behind ‘Drastic Dave’s’ Diageo Strategy
• Negative Sentiment: North America remains the main weakness, pressuring sales and the outlook. Fiscal-year organic net sales declined 2%, with lower volumes and unfavorable pricing and product mix also weighing on performance. DEO FY26 Preliminary Earnings Show Pressure on North America Weakness
• Negative Sentiment: Reported quarterly results were below consensus estimates for both earnings per share and revenue, highlighting the near-term challenges facing the spirits portfolio. Diageo earnings results and conference call

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DEO. Weiss Ratings restated a “sell (d)” rating on shares of Diageo in a research report on Friday, July 17th. TD Cowen raised Diageo from a “hold” rating to a “buy” rating and boosted their price target for the company from $88.00 to $93.00 in a research note on Thursday, June 25th. Zacks Research cut Diageo from a “hold” rating to a “strong sell” rating in a report on Monday, July 27th. Finally, Loop Capital set a $99.00 price objective on shares of Diageo in a research report on Thursday, June 18th. Six research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $106.25.

Diageo Trading Down 0.1%

Shares of NYSE DEO opened at $96.21 on Monday. 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 fifty-two week low of $72.45 and a fifty-two week high of $116.41. The firm’s 50-day simple moving average is $83.10 and its 200 day simple moving average is $83.89.

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.