Edmond DE Rothschild Holding S.A. acquired a new position in shares of Darling Ingredients Inc. (NYSE:DAR – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 24,518 shares of the company’s stock, valued at approximately $1,339,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DAR. SJS Investment Consulting Inc. increased its holdings in shares of Darling Ingredients by 69.9% in the first quarter. SJS Investment Consulting Inc. now owns 423 shares of the company’s stock worth $26,000 after acquiring an additional 174 shares in the last quarter. Turtle Creek Wealth Advisors LLC lifted its holdings in shares of Darling Ingredients by 2.6% during the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 7,625 shares of the company’s stock valued at $472,000 after purchasing an additional 196 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of Darling Ingredients by 2.9% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 7,776 shares of the company’s stock valued at $481,000 after purchasing an additional 220 shares during the period. Coldstream Capital Management Inc. grew its position in shares of Darling Ingredients by 3.6% in the 4th quarter. Coldstream Capital Management Inc. now owns 7,701 shares of the company’s stock valued at $277,000 after purchasing an additional 267 shares during the period. Finally, Basecamp Wealth Advisors LLC increased its stake in Darling Ingredients by 35.0% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 1,042 shares of the company’s stock worth $64,000 after purchasing an additional 270 shares in the last quarter. 94.44% of the stock is currently owned by institutional investors.
Key Darling Ingredients News
Here are the key news stories impacting Darling Ingredients this week:
- Positive Sentiment: Analysts point to surging earnings, a discounted valuation relative to the company’s growth prospects and strong performance in Diamond Green Diesel (DGD) as reasons for potential upside. Is DAR a Buy as Earnings Surge but Cost and Capacity Risks Build?
- Positive Sentiment: Supportive renewable-fuel policy and tight Renewable Identification Number markets could sustain DGD margins through 2027, strengthening the outlook for Darling’s renewable-fuels business. Can Renewable Fuel Policy Keep DAR’s DGD Earnings Strong Through 2027?
- Positive Sentiment: The recent rally is being supported by improving core earnings and DGD economics. Darling’s latest quarterly report showed EPS of $2.41 versus the $1.40 consensus estimate, while revenue rose 16.4% year over year to $1.72 billion. Can DAR’s 12.8% Weekly Rally Continue as Core Earnings Strengthen?
- Positive Sentiment: Brokerage sentiment remains favorable, with ten analysts rating the stock Buy and three rating it Hold. Recent price-target increases include TD Cowen’s move to $80, while the reported consensus target is $69. Darling Ingredients Given Average Recommendation of Moderate Buy
- Neutral Sentiment: Investors are weighing the stock’s strong momentum and earnings growth against its proximity to the 52-week high, which may increase sensitivity to disappointing developments. A Look Back at Ingredients, Flavors & Fragrances Stocks’ Q2 Earnings
- Negative Sentiment: Higher costs, flat Feed throughput and capacity constraints could pressure margins and make future growth dependent on successful project execution and favorable market inputs. Darling Ingredients: Renewable Fuel Tailwinds & Margin Expansion Support Upside
- Negative Sentiment: Chief Accounting Officer Joseph Manzi sold 1,000 shares at an average price of $67.27. The relatively small transaction leaves him with a substantial remaining stake, limiting its significance but still providing a modest insider-selling signal. Joseph Manzi Sells Darling Ingredients Shares
Insider Buying and Selling
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on DAR. Jefferies Financial Group upped their price target on shares of Darling Ingredients from $73.00 to $75.00 and gave the company a “buy” rating in a report on Monday, May 4th. Zacks Research lowered shares of Darling Ingredients from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Wall Street Zen upgraded Darling Ingredients from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. JPMorgan Chase & Co. lifted their price target on Darling Ingredients from $78.00 to $79.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Finally, Weiss Ratings raised Darling Ingredients from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $69.00.
View Our Latest Research Report on Darling Ingredients
Darling Ingredients Stock Up 1.2%
Shares of DAR stock opened at $67.74 on Friday. The firm’s fifty day moving average price is $59.69 and its two-hundred day moving average price is $58.24. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.73. Darling Ingredients Inc. has a 1 year low of $29.15 and a 1 year high of $69.98. The firm has a market capitalization of $10.69 billion, a P/E ratio of 18.26 and a beta of 1.02.
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 for the quarter, beating the consensus estimate of $1.40 by $1.01. The company had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Darling Ingredients had a return on equity of 12.98% and a net margin of 9.13%.Darling Ingredients’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.08 EPS. On average, equities analysts predict that Darling Ingredients Inc. will post 6.98 EPS for the current fiscal year.
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.
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