Hsbc Holdings PLC Has $65.09 Million Position in Darden Restaurants, Inc. $DRI

Posted by Stanley Muller on Jul 20th, 2026

Hsbc Holdings PLC cut its stake in shares of Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 21.9% in the first quarter, Holdings Channel reports. The fund owned 331,679 shares of the restaurant operator’s stock after selling 92,994 shares during the period. Hsbc Holdings PLC’s holdings in Darden Restaurants were worth $65,090,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP grew its holdings in shares of Darden Restaurants by 81.0% in the 4th quarter. Wellington Management Group LLP now owns 8,077,567 shares of the restaurant operator’s stock worth $1,486,434,000 after purchasing an additional 3,613,781 shares during the last quarter. Norges Bank bought a new position in Darden Restaurants during the 4th quarter valued at about $144,483,000. Alyeska Investment Group L.P. acquired a new position in Darden Restaurants in the fourth quarter valued at about $113,301,000. Invesco Ltd. grew its stake in Darden Restaurants by 42.6% during the fourth quarter. Invesco Ltd. now owns 1,884,339 shares of the restaurant operator’s stock worth $346,756,000 after buying an additional 563,237 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in Darden Restaurants by 239.4% during the 2nd quarter. AQR Capital Management LLC now owns 722,529 shares of the restaurant operator’s stock worth $157,490,000 after acquiring an additional 509,655 shares during the last quarter. Institutional investors and hedge funds own 93.64% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. KeyCorp raised their price target on Darden Restaurants from $226.00 to $228.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. Guggenheim upped their target price on shares of Darden Restaurants from $230.00 to $235.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Citigroup raised their target price on shares of Darden Restaurants from $238.00 to $245.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Oppenheimer reissued an “outperform” rating and set a $235.00 price target on shares of Darden Restaurants in a research note on Thursday, June 18th. Finally, Robert W. Baird raised their price objective on shares of Darden Restaurants from $210.00 to $220.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Seventeen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.88.

View Our Latest Stock Analysis on DRI

Insider Buying and Selling at Darden Restaurants

In other news, SVP Susan M. Connelly sold 9,930 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $206.21, for a total transaction of $2,047,665.30. Following the completion of the sale, the senior vice president owned 4,165 shares of the company’s stock, valued at $858,864.65. This represents a 70.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.49% of the stock is owned by company insiders.

Darden Restaurants Trading Down 0.1%

NYSE DRI opened at $198.31 on Monday. Darden Restaurants, Inc. has a one year low of $169.00 and a one year high of $220.65. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.31 and a quick ratio of 0.21. The firm has a market cap of $22.71 billion, a P/E ratio of 19.11, a P/E/G ratio of 1.98 and a beta of 0.60. The stock’s 50-day moving average is $202.88 and its 200-day moving average is $202.73.

Darden Restaurants (NYSE:DRI – Get Free Report) last issued its quarterly earnings data 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. Darden Restaurants had a return on equity of 57.44% and a net margin of 9.13%.The business had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.73 billion. During the same period in the previous year, the firm earned $2.98 EPS. Darden Restaurants’s quarterly revenue was up 13.7% compared to the same quarter last year. Darden Restaurants has set its FY 2027 guidance at 11.100-11.350 EPS. Sell-side analysts anticipate that Darden Restaurants, Inc. will post 11.28 earnings per share for the current fiscal year.

Darden Restaurants Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 3.3%. This is a boost from Darden Restaurants’s previous quarterly dividend of $1.50. The ex-dividend date is Friday, July 10th. Darden Restaurants’s dividend payout ratio is currently 62.43%.

Darden Restaurants 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.