Oppenheimer Asset Management Inc. reduced its stake in shares of Darling Ingredients Inc. (NYSE:DAR – Free Report) by 5.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,179 shares of the company’s stock after selling 8,537 shares during the quarter. Oppenheimer Asset Management Inc. owned about 0.09% of Darling Ingredients worth $5,262,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Danske Bank A S acquired a new stake in Darling Ingredients during the 3rd quarter worth $25,000. EverSource Wealth Advisors LLC raised its stake in Darling Ingredients by 681.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,016 shares of the company’s stock worth $39,000 after acquiring an additional 886 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in Darling Ingredients during the 3rd quarter worth $37,000. Torren Management LLC acquired a new stake in Darling Ingredients during the 4th quarter worth $50,000. Finally, Wilmington Savings Fund Society FSB raised its stake in Darling Ingredients by 138.3% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,511 shares of the company’s stock worth $47,000 after acquiring an additional 877 shares in the last quarter. 94.44% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on DAR shares. JPMorgan Chase & Co. lifted their price target on shares of Darling Ingredients from $59.00 to $69.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Darling Ingredients in a research note on Friday, April 10th. Robert W. Baird lifted their price objective on shares of Darling Ingredients from $64.00 to $75.00 and gave the company an “outperform” rating in a research note on Tuesday, April 7th. Jefferies Financial Group lifted their price objective on shares of Darling Ingredients from $66.00 to $73.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Finally, Scotiabank lifted their price objective on shares of Darling Ingredients from $61.00 to $70.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Darling Ingredients currently has an average rating of “Buy” and a consensus price target of $67.40.
Key Headlines 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
Darling Ingredients Trading Down 0.6%
NYSE DAR opened at $63.82 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.99 and a current ratio of 4.64. The firm has a market cap of $10.13 billion, a PE ratio of 46.25 and a beta of 1.07. Darling Ingredients Inc. has a one year low of $29.15 and a one year high of $64.90. The firm’s fifty day moving average is $57.96 and its two-hundred day moving average is $45.03.
Darling Ingredients (NYSE:DAR – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.27. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. Darling Ingredients had a net margin of 3.54% and a return on equity of 5.76%. Darling Ingredients’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.16) earnings per share. Analysts expect that Darling Ingredients Inc. will post 4.32 earnings per share for the current year.
Insider Activity
In other news, CEO Randall C. Stuewe sold 20,000 shares of Darling Ingredients stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $52.12, for a total value of $1,042,400.00. Following the sale, the chief executive officer owned 1,117,085 shares of the company’s stock, valued at $58,222,470.20. The trade was a 1.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 sale, the chief accounting officer directly owned 19,969 shares in the company, valued at approximately $1,275,819.41. The trade was a 13.06% decrease in their position. The SEC filing for this sale provides additional information. 1.90% of the stock is owned by insiders.
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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