Western Wealth Management LLC Reduces Stock Holdings in Darden Restaurants, Inc. $DRI

Posted by Brenda Bartman on May 18th, 2026

Western Wealth Management LLC reduced its stake in shares of Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 77.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,170 shares of the restaurant operator’s stock after selling 7,299 shares during the quarter. Western Wealth Management LLC’s holdings in Darden Restaurants were worth $399,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. First Trust Advisors LP grew its stake in Darden Restaurants by 3.3% during the 2nd quarter. First Trust Advisors LP now owns 80,001 shares of the restaurant operator’s stock valued at $17,438,000 after purchasing an additional 2,553 shares in the last quarter. Brown Advisory Inc. acquired a new position in Darden Restaurants during the 2nd quarter worth $200,000. Cresset Asset Management LLC boosted its position in Darden Restaurants by 3.2% during the 2nd quarter. Cresset Asset Management LLC now owns 2,424 shares of the restaurant operator’s stock worth $529,000 after acquiring an additional 76 shares during the period. Cerity Partners LLC boosted its position in Darden Restaurants by 15.7% during the 2nd quarter. Cerity Partners LLC now owns 19,045 shares of the restaurant operator’s stock worth $4,151,000 after acquiring an additional 2,581 shares during the period. Finally, Daiwa Securities Group Inc. raised its stake in shares of Darden Restaurants by 5.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 18,183 shares of the restaurant operator’s stock worth $3,964,000 after buying an additional 1,012 shares in the last quarter. 93.64% of the stock is currently owned by hedge funds and other institutional investors.

Darden Restaurants Price Performance

Shares of NYSE:DRI opened at $196.15 on Monday. Darden Restaurants, Inc. has a fifty-two week low of $169.00 and a fifty-two week high of $228.27. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.39 and a quick ratio of 0.25. The stock has a market capitalization of $22.47 billion, a P/E ratio of 20.76, a P/E/G ratio of 1.86 and a beta of 0.61. The business has a 50-day moving average of $198.34 and a two-hundred day moving average of $195.16.

Darden Restaurants (NYSE:DRI – Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The restaurant operator reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.94 by $0.01. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.33 billion. During the same quarter in the previous year, the firm earned $2.80 EPS. The firm’s revenue was up 5.9% compared to the same quarter last year. On average, equities research analysts predict that Darden Restaurants, Inc. will post 10.61 EPS for the current fiscal year.

Darden Restaurants Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Friday, April 10th. Darden Restaurants’s dividend payout ratio (DPR) is presently 63.49%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on DRI shares. UBS Group reissued a “buy” rating and issued a $230.00 price objective on shares of Darden Restaurants in a research note on Tuesday, March 10th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Darden Restaurants in a research report on Friday, March 13th. Barclays boosted their price target on Darden Restaurants from $227.00 to $232.00 and gave the stock an “overweight” rating in a research report on Friday, March 20th. Robert W. Baird boosted their price target on Darden Restaurants from $208.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, March 20th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Darden Restaurants in a research report on Wednesday, January 21st. Eighteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Darden Restaurants currently has an average rating of “Moderate Buy” and a consensus target price of $226.24.

Read Our Latest Report on DRI

Insider Buying and Selling at Darden Restaurants

In other Darden Restaurants news, SVP Lindsay L. Koren sold 300 shares of the stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $194.32, for a total transaction of $58,296.00. Following the completion of the transaction, the senior vice president owned 1,617 shares in the company, valued at approximately $314,215.44. This represents a 15.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Douglas J. Milanes sold 3,620 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $202.16, for a total transaction of $731,819.20. Following the sale, the senior vice president owned 274 shares of the company’s stock, valued at $55,391.84. This trade represents a 92.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.49% of the company’s stock.

About Darden Restaurants

(Free Report)

Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.

Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.