Oppenheimer Asset Management Inc. Lowers Position in Darling Ingredients Inc. $DAR

Oppenheimer Asset Management Inc. decreased its position in Darling Ingredients Inc. (NYSE:DAR) by 5.5% during the 4th quarter, Holdings Channel reports. The fund owned 146,179 shares of the company’s stock after selling 8,537 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Darling Ingredients were worth $5,262,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Danske Bank A S purchased a new stake in shares of Darling Ingredients in the third quarter valued at about $25,000. Abich Financial Wealth Management LLC purchased a new stake in Darling Ingredients during the third quarter worth about $37,000. EverSource Wealth Advisors LLC boosted its holdings in Darling Ingredients by 681.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,016 shares of the company’s stock worth $39,000 after buying an additional 886 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in Darling Ingredients by 138.3% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,511 shares of the company’s stock worth $47,000 after buying an additional 877 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Darling Ingredients during the third quarter worth about $48,000. Hedge funds and other institutional investors own 94.44% of the company’s stock.

Darling Ingredients Stock Down 0.6%

DAR stock opened at $63.82 on Friday. The company has a market cap of $10.13 billion, a P/E ratio of 46.25 and a beta of 1.07. Darling Ingredients Inc. has a 52 week low of $29.15 and a 52 week high of $64.90. The company’s 50-day moving average price is $57.96 and its 200 day moving average price is $45.03. The company has a current ratio of 4.64, a quick ratio of 0.99 and a debt-to-equity ratio of 0.15.

Darling Ingredients (NYSE:DAR) last announced its earnings results on Thursday, April 30th. The company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.27. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.56 billion. Darling Ingredients had a net margin of 3.54% and a return on equity of 5.76%. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.16) earnings per share. On average, research analysts expect that Darling Ingredients Inc. will post 4.32 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Scotiabank boosted their price objective on shares of Darling Ingredients from $61.00 to $70.00 and gave the stock a “sector outperform” rating in a report on Wednesday, April 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of Darling Ingredients in a report on Friday, April 10th. Piper Sandler boosted their price objective on shares of Darling Ingredients from $49.00 to $65.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. TD Cowen boosted their price objective on shares of Darling Ingredients from $58.00 to $72.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, UBS Group boosted their price objective on shares of Darling Ingredients from $58.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, April 2nd. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Darling Ingredients has a consensus rating of “Buy” and a consensus price target of $67.40.

Key Stories Impacting Darling Ingredients

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

• Positive Sentiment: Q1 earnings beat and profitability turnaround — DAR reported $0.83 EPS vs. consensus ~$0.58 and swung to net income of $134.3M from a loss a year ago, highlighting margin recovery and operational leverage. Business Wire: Q1 Results
• Positive Sentiment: Q2 core ingredients EBITDA guide supports near-term cash generation — management expects core ingredients EBITDA of $260M–$275M for Q2, giving investors a clearer earnings runway despite renewable margin pressure from RVO shifts. MSN: Q2 EBITDA Guidance
• Neutral Sentiment: Revenue roughly in line — Q1 sales were about $1.55B vs. ~$1.56B consensus (YoY +12%), so top-line growth is modestly positive but not a surprise. Yahoo Finance: Sales In Line
• Neutral Sentiment: Analyst/coverage notes and investor materials released — earnings call transcript and slide deck are available for detail on segment performance, useful for reassessing estimates. Seeking Alpha: Call Transcript
• Negative Sentiment: Fatal incident and OSHA probe at Bastrop rendering plant — a worker death prompted an OSHA investigation and negative publicity that could lead to fines, operational disruption or higher compliance costs. This likely weighed on sentiment despite the beat. Hoodline: OSHA Probe
• Negative Sentiment: Insider sale by CAO — Joseph Manzi sold 3,000 shares (~13% reduction in his holding), a small but visible insider sale disclosed to the SEC that can be read negatively by some investors. SEC: Insider Filing

Insider Transactions at Darling Ingredients

In other Darling Ingredients news, CAO Joseph Manzi sold 3,000 shares of Darling Ingredients stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $63.89, for a total transaction of $191,670.00. Following the completion of the transaction, the chief accounting officer owned 19,969 shares in the company, valued at approximately $1,275,819.41. The trade was a 13.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Randall C. Stuewe sold 20,000 shares of Darling Ingredients stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $52.12, for a total transaction of $1,042,400.00. Following the transaction, the chief executive officer owned 1,117,085 shares of the company’s stock, valued at approximately $58,222,470.20. The trade was a 1.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.90% of the company’s stock.

Darling Ingredients 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.