SevenBridge Financial Group LLC Buys 2,435 Shares of Darden Restaurants, Inc. $DRI

Posted by Geri Gentry on Jun 30th, 2026

SevenBridge Financial Group LLC boosted its stake in shares of Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 21.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,948 shares of the restaurant operator’s stock after acquiring an additional 2,435 shares during the quarter. SevenBridge Financial Group LLC’s holdings in Darden Restaurants were worth $2,786,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

DRI has been the topic of several research analyst reports. BTIG Research increased their target price on Darden Restaurants from $225.00 to $235.00 and gave the stock a “buy” rating in a report on Friday. Deutsche Bank Aktiengesellschaft lifted their price target on Darden Restaurants from $230.00 to $236.00 and gave the company a “buy” rating in a report on Friday. Stephens increased their price objective on shares of Darden Restaurants from $210.00 to $216.00 and gave the stock an “equal weight” rating in a report on Friday. Citigroup increased their price objective on shares of Darden Restaurants from $238.00 to $245.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Finally, Bank of America raised their price objective on shares of Darden Restaurants from $272.00 to $276.00 and gave the company a “buy” rating in a research report on Friday, June 5th. Seventeen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $228.32.

View Our Latest Report on DRI

Insider Activity

In other news, SVP Lindsay L. Koren sold 300 shares of Darden Restaurants stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $194.32, for a total transaction of $58,296.00. Following the completion of the sale, the senior vice president owned 1,617 shares in the company, valued at $314,215.44. The trade was a 15.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Douglas J. Milanes sold 3,620 shares of Darden Restaurants 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 approximately $55,391.84. This represents a 92.96% decrease in their position. The SEC filing for this sale provides additional information. 0.49% of the stock is currently owned by company insiders.

Darden Restaurants Trading Down 3.5%

DRI stock opened at $206.32 on Tuesday. The company has a quick ratio of 0.21, a current ratio of 0.31 and a debt-to-equity ratio of 0.74. Darden Restaurants, Inc. has a twelve month low of $169.00 and a twelve month high of $222.56. The company has a market cap of $23.63 billion, a P/E ratio of 19.88, a PEG ratio of 1.92 and a beta of 0.60. The business has a fifty day moving average of $202.08 and a 200-day moving average of $201.34.

Darden Restaurants (NYSE:DRI – Get Free Report) last posted its quarterly earnings results on Thursday, June 25th. The restaurant operator reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.03. The business had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.73 billion. Darden Restaurants had a return on equity of 57.44% and a net margin of 9.13%.The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter last year, the business earned $2.98 earnings per share. Darden Restaurants has set its FY 2027 guidance at 11.100-11.350 EPS. As a group, equities research analysts expect that Darden Restaurants, Inc. will post 11.3 EPS for the current year.

Darden Restaurants Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be paid a $1.62 dividend. This is a boost from Darden Restaurants’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, July 10th. This represents a $6.48 annualized dividend and a dividend yield of 3.1%. Darden Restaurants’s payout ratio is 57.80%.

Darden Restaurants Company Profile

(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.