Shares of Darling Ingredients Inc. (NYSE:DAR – Get Free Report) have been given a consensus rating of “Moderate Buy” by the thirteen ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $69.00.
DAR has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on Darling Ingredients from $78.00 to $79.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. Zacks Research raised Darling Ingredients from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 19th. Jefferies Financial Group increased their price target on Darling Ingredients from $73.00 to $75.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Wall Street Zen raised shares of Darling Ingredients from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Finally, TD Cowen lifted their price objective on shares of Darling Ingredients from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Monday, July 27th.
Get Our Latest Report on Darling Ingredients
Darling Ingredients Stock Performance
Darling Ingredients (NYSE:DAR – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $2.41 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the previous year, the business earned $0.08 EPS. The firm’s revenue was up 16.4% compared to the same quarter last year. As a group, analysts anticipate that Darling Ingredients will post 6.98 EPS for the current year.
Insider Activity at Darling Ingredients
In related news, Director Charles L. Adair purchased 1,000 shares of Darling Ingredients stock in a transaction on Friday, July 31st. The stock was acquired at an average cost of $60.97 per share, for a total transaction of $60,970.00. Following the completion of the acquisition, the director owned 51,690 shares of the company’s stock, valued at $3,151,539.30. This trade represents a 1.97% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Patrick Mcnutt sold 8,000 shares of Darling Ingredients stock in a transaction on Friday, August 14th. The shares were sold at an average price of $67.09, for a total transaction of $536,720.00. Following the completion of the sale, the executive vice president directly owned 35,777 shares of the company’s stock, valued at approximately $2,400,278.93. This trade represents a 18.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 10,591 shares of company stock valued at $704,303. Company insiders own 1.90% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in DAR. HB Wealth Management LLC grew its stake in Darling Ingredients by 3.3% in the second quarter. HB Wealth Management LLC now owns 8,487 shares of the company’s stock valued at $464,000 after acquiring an additional 269 shares during the period. Nykredit A S bought a new position in shares of Darling Ingredients in the 2nd quarter worth $254,000. Headlands Technologies LLC acquired a new stake in Darling Ingredients in the 2nd quarter valued at $247,000. Quantitative Investment Management LLC bought a new stake in Darling Ingredients during the 2nd quarter valued at $1,119,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Darling Ingredients by 1.2% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 419,696 shares of the company’s stock valued at $22,924,000 after purchasing an additional 4,820 shares in the last quarter. Institutional investors own 94.44% of the company’s stock.
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 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.
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