Darling Ingredients Inc. (NYSE:DAR – Get Free Report) Director Charles Adair purchased 1,000 shares of Darling Ingredients stock in a transaction on Friday, July 31st. The stock was bought at an average cost of $60.97 per share, for a total transaction of $60,970.00. Following the transaction, the director directly owned 51,690 shares in the company, valued at $3,151,539.30. This represents a 1.97% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Darling Ingredients Stock Down 1.4%
Shares of Darling Ingredients stock traded down $0.88 on Monday, reaching $59.76. 3,280,332 shares of the company were exchanged, compared to its average volume of 2,671,607. Darling Ingredients Inc. has a 1-year low of $29.15 and a 1-year high of $66.02. The company has a market cap of $9.50 billion, a P/E ratio of 16.11 and a beta of 1.02. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.89 and a quick ratio of 1.03. The stock’s 50 day moving average price is $58.50 and its 200-day moving average price is $56.12.
Darling Ingredients (NYSE:DAR – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $2.41 earnings per share for the quarter, beating the consensus estimate of $1.40 by $1.01. Darling Ingredients had a net margin of 9.13% and a return on equity of 13.23%. The firm had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter last year, the company earned $0.08 earnings per share. The firm’s revenue was up 16.4% compared to the same quarter last year. As a group, equities analysts forecast that Darling Ingredients Inc. will post 5.34 EPS for the current year.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on DAR
Hedge Funds Weigh In On Darling Ingredients
Several hedge funds have recently made changes to their positions in DAR. Goldman Sachs Group Inc. boosted its position in shares of Darling Ingredients by 17.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 644,022 shares of the company’s stock valued at $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 increased its position in Darling Ingredients by 10.9% during 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 worth $18,768,000 after buying an additional 58,925 shares during the period. Focus Partners Wealth purchased a new stake in Darling Ingredients in the first quarter valued at approximately $205,000. M&T Bank Corp lifted its stake in 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 last quarter. Finally, Invesco Ltd. boosted its stake in Darling Ingredients by 5.0% during the 2nd quarter. Invesco Ltd. now owns 677,528 shares of the company’s stock worth $25,705,000 after purchasing an additional 32,553 shares during the period. Hedge funds and other institutional investors own 94.44% of the company’s stock.
Darling Ingredients Company Profile
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.
Further Reading
- Five stocks we like better than Darling Ingredients
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Receive News & Ratings for Darling Ingredients Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Darling Ingredients and related companies with MarketBeat.com's FREE daily email newsletter.
