CFO4Life Group LLC Buys New Stake in Darling Ingredients Inc. $DAR

CFO4Life Group LLC purchased a new stake in Darling Ingredients Inc. (NYSE:DARFree Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 198,358 shares of the company’s stock, valued at approximately $10,834,000. Darling Ingredients accounts for about 1.5% of CFO4Life Group LLC’s portfolio, making the stock its 14th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. lifted its holdings in shares of Darling Ingredients by 69.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 423 shares of the company’s stock valued at $26,000 after buying an additional 174 shares during the period. Turtle Creek Wealth Advisors LLC raised its position in Darling Ingredients by 2.6% during the first quarter. Turtle Creek Wealth Advisors LLC now owns 7,625 shares of the company’s stock valued at $472,000 after acquiring an additional 196 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in Darling Ingredients by 2.9% in the first quarter. Fifth Third Wealth Advisors LLC now owns 7,776 shares of the company’s stock valued at $481,000 after acquiring an additional 220 shares during the period. Coldstream Capital Management Inc. boosted its position in Darling Ingredients by 3.6% in the 4th quarter. Coldstream Capital Management Inc. now owns 7,701 shares of the company’s stock worth $277,000 after purchasing an additional 267 shares in the last quarter. Finally, Basecamp Wealth Advisors LLC boosted its position in Darling Ingredients by 35.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 1,042 shares of the company’s stock worth $64,000 after purchasing an additional 270 shares in the last quarter. 94.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DAR shares. Jefferies Financial Group lifted their target price on shares of Darling Ingredients from $73.00 to $75.00 and gave the company a “buy” rating in a report on Monday, May 4th. Zacks Research raised shares of Darling Ingredients from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Weiss Ratings raised shares of Darling Ingredients from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. lifted their price target on Darling Ingredients from $78.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Finally, Barclays upped their price target on Darling Ingredients from $62.00 to $65.00 and gave the stock an “equal weight” rating in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $69.00.

Get Our Latest Stock Report on Darling Ingredients

Darling Ingredients Trading Down 3.4%

DAR opened at $65.56 on Friday. Darling Ingredients Inc. has a 1-year low of $29.15 and a 1-year high of $69.98. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of 17.67 and a beta of 1.02. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.56 and a quick ratio of 1.03. The company’s 50 day simple moving average is $59.86 and its two-hundred day simple moving average is $58.29.

Darling Ingredients (NYSE:DARGet Free Report) last issued its earnings results on Thursday, July 30th. The company reported $2.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $1.01. Darling Ingredients had a return on equity of 12.98% and a net margin of 9.13%.The business had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same period last year, the company earned $0.08 EPS. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. Analysts expect that Darling Ingredients Inc. will post 6.98 EPS for the current fiscal year.

Insiders Place Their Bets

In other Darling Ingredients news, EVP Nicholas James Kemphaus sold 1,591 shares of Darling Ingredients stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $63.05, for a total transaction of $100,312.55. Following the completion of the sale, the executive vice president directly owned 35,087 shares in the company, valued at $2,212,235.35. This trade represents a 4.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Patrick Mcnutt sold 8,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $67.09, for a total value of $536,720.00. Following the completion of the sale, the executive vice president directly owned 35,777 shares in the company, valued at approximately $2,400,278.93. The trade was a 18.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 10,591 shares of company stock valued at $704,303. 1.90% of the stock is currently owned by insiders.

More Darling Ingredients News

Here are the key news stories impacting Darling Ingredients this week:

  • Positive Sentiment: Strong second-quarter performance: Net income reached $387.3 million, while combined adjusted EBITDA rose to $741.7 million. Diamond Green Diesel (DGD) was a major contributor, generating approximately $389.2 million of Darling’s share of adjusted EBITDA. Darling Ingredients second-quarter earnings release
  • Positive Sentiment: Capital-return and tax-credit support: The board expanded its share-repurchase authorization to $1 billion, and Darling agreed to sell approximately $150 million of production tax credits, potentially supporting cash flow and shareholder returns. Darling Ingredients press release
  • Positive Sentiment: Favorable analyst momentum: Zacks Research upgraded DAR from “hold” to “strong-buy,” while recent broker targets have generally ranged from $70 to $79. Renewable-fuel policy support and tight renewable identification number (RIN) markets are also viewed as potential DGD tailwinds. Zacks Darling Ingredients momentum analysis
  • Neutral Sentiment: Rally appears extended: Shares had advanced 12.8% over the preceding week and were approaching their 52-week high, increasing the likelihood of profit-taking and a technical reversal after strong news was already reflected in the valuation.
  • Negative Sentiment: Execution risks remain: Analysts cited rising costs, flat feedstock throughput and capacity constraints. Future DGD profitability also depends on renewable-fuel policy, RIN prices and other market inputs. Zacks Darling Ingredients risk analysis
  • Negative Sentiment: Mixed trading signals: Company insiders reported more selling than buying over the past six months, while institutional activity was broadly balanced but included sizable reductions by several funds. These signals may have added to short-term selling pressure.

Darling Ingredients Profile

(Free Report)

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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Institutional Ownership by Quarter for Darling Ingredients (NYSE:DAR)

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