Wall Street Zen upgraded shares of Darling Ingredients (NYSE:DAR – Free Report) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday.
Several other brokerages have also commented on DAR. Jefferies Financial Group upped their price target on Darling Ingredients from $66.00 to $73.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Robert W. Baird increased their price objective on Darling Ingredients from $64.00 to $75.00 and gave the company an “outperform” rating in a report on Tuesday, April 7th. BMO Capital Markets raised their price target on Darling Ingredients from $45.00 to $57.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. TD Cowen lifted their target price on Darling Ingredients from $58.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, Piper Sandler raised their price target on Darling Ingredients from $49.00 to $65.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Darling Ingredients presently has a consensus rating of “Buy” and an average target price of $67.40.
View Our Latest Stock Report on Darling Ingredients
Darling Ingredients Stock Down 0.6%
Darling Ingredients (NYSE:DAR – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.56 by $0.27. Darling Ingredients had a return on equity of 5.76% and a net margin of 3.54%.The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. During the same quarter in the prior year, the company posted ($0.16) EPS. The company’s quarterly revenue was up 12.3% on a year-over-year basis. On average, research analysts expect that Darling Ingredients will post 4.32 earnings per share for the current year.
Insider Transactions at Darling Ingredients
In other news, CEO Randall C. Stuewe sold 20,000 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $52.12, for a total value of $1,042,400.00. Following the completion of the sale, the chief executive officer owned 1,117,085 shares of the company’s stock, valued at $58,222,470.20. This represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Joseph Manzi sold 3,000 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $63.89, for a total value of $191,670.00. Following the completion of the transaction, the chief accounting officer owned 19,969 shares in the company, valued at approximately $1,275,819.41. This trade represents a 13.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.90% of the stock is currently owned by insiders.
Institutional Trading of Darling Ingredients
A number of institutional investors and hedge funds have recently made changes to their positions in DAR. Goldman Sachs Group Inc. raised its position in shares of Darling Ingredients by 17.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 644,022 shares of the company’s stock worth $20,119,000 after purchasing an additional 93,408 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Darling Ingredients by 10.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 600,777 shares of the company’s stock valued at $18,768,000 after buying an additional 58,925 shares during the period. Focus Partners Wealth acquired a new stake in shares of Darling Ingredients in the first quarter valued at $205,000. M&T Bank Corp lifted its holdings in shares of Darling Ingredients by 11.2% in the second quarter. M&T Bank Corp now owns 8,384 shares of the company’s stock valued at $318,000 after buying an additional 847 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Darling Ingredients by 5.0% in the second quarter. Invesco Ltd. now owns 677,528 shares of the company’s stock valued at $25,705,000 after buying an additional 32,553 shares during the period. 94.44% of the stock is currently owned by institutional investors and hedge funds.
More Darling Ingredients News
Here are the key news stories impacting Darling Ingredients this week:
- Positive Sentiment: Q1 earnings beat and profitability turnaround — DAR reported $0.83 EPS vs. consensus ~$0.58 and swung to net income of $134.3M from a loss a year ago, highlighting margin recovery and operational leverage. Business Wire: Q1 Results
- Positive Sentiment: Q2 core ingredients EBITDA guide supports near-term cash generation — management expects core ingredients EBITDA of $260M–$275M for Q2, giving investors a clearer earnings runway despite renewable margin pressure from RVO shifts. MSN: Q2 EBITDA Guidance
- Neutral Sentiment: Revenue roughly in line — Q1 sales were about $1.55B vs. ~$1.56B consensus (YoY +12%), so top-line growth is modestly positive but not a surprise. Yahoo Finance: Sales In Line
- Neutral Sentiment: Analyst/coverage notes and investor materials released — earnings call transcript and slide deck are available for detail on segment performance, useful for reassessing estimates. Seeking Alpha: Call Transcript
- Negative Sentiment: Fatal incident and OSHA probe at Bastrop rendering plant — a worker death prompted an OSHA investigation and negative publicity that could lead to fines, operational disruption or higher compliance costs. This likely weighed on sentiment despite the beat. Hoodline: OSHA Probe
- Negative Sentiment: Insider sale by CAO — Joseph Manzi sold 3,000 shares (~13% reduction in his holding), a small but visible insider sale disclosed to the SEC that can be read negatively by some investors. SEC: Insider Filing
About Darling Ingredients
Darling Ingredients Inc (NYSE: DAR) is a global leader in converting edible and inedible bio-nutrient streams into sustainable food, feed ingredients, renewable fuels and specialty products. Founded in 1882 and headquartered in Irving, Texas, the company builds on more than a century of experience in animal rendering and by-product recycling. Over time, Darling has expanded its capabilities beyond traditional rendering to include advanced processing technologies that support a circular economy and reduce waste from food and agricultural industries.
The company’s core operations revolve around four primary segments: Feed Ingredients & Services, Food & Nutrition, Fuel Ingredients & Services, and Specialty Ingredients.
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