Robeco Institutional Asset Management B.V. Has $6.37 Million Stake in Darden Restaurants, Inc. $DRI

Robeco Institutional Asset Management B.V. cut its stake in Darden Restaurants, Inc. (NYSE:DRI) by 63.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,470 shares of the restaurant operator’s stock after selling 58,183 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Darden Restaurants were worth $6,371,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Darden Restaurants by 6.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 625,449 shares of the restaurant operator’s stock worth $129,943,000 after buying an additional 37,878 shares during the period. Integrity Alliance LLC. bought a new stake in Darden Restaurants in the 1st quarter valued at approximately $932,000. Belpointe Asset Management LLC boosted its position in Darden Restaurants by 30.0% during the 1st quarter. Belpointe Asset Management LLC now owns 2,522 shares of the restaurant operator’s stock worth $524,000 after acquiring an additional 582 shares during the last quarter. IFM Investors Pty Ltd grew its stake in shares of Darden Restaurants by 2.7% during the 1st quarter. IFM Investors Pty Ltd now owns 22,444 shares of the restaurant operator’s stock worth $4,663,000 after acquiring an additional 592 shares in the last quarter. Finally, Jacobi Capital Management LLC raised its holdings in shares of Darden Restaurants by 5.3% in the first quarter. Jacobi Capital Management LLC now owns 10,138 shares of the restaurant operator’s stock valued at $2,106,000 after purchasing an additional 514 shares during the last quarter. Institutional investors own 93.64% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on DRI. Stephens restated an “equal weight” rating and set a $205.00 target price on shares of Darden Restaurants in a report on Friday, December 19th. Truist Financial restated a “hold” rating and set a $207.00 price objective (down from $240.00) on shares of Darden Restaurants in a research note on Thursday. KeyCorp reaffirmed an “overweight” rating on shares of Darden Restaurants in a research report on Friday, December 19th. Argus dropped their target price on Darden Restaurants from $260.00 to $220.00 and set a “buy” rating on the stock in a report on Friday, September 19th. Finally, Robert W. Baird decreased their price target on Darden Restaurants from $230.00 to $208.00 and set a “neutral” rating for the company in a research note on Friday, September 19th. Eighteen equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $223.00.

Darden Restaurants Price Performance

Shares of NYSE DRI opened at $202.54 on Friday. The company has a quick ratio of 0.26, a current ratio of 0.39 and a debt-to-equity ratio of 1.03. The business’s 50 day moving average price is $182.16 and its two-hundred day moving average price is $194.99. The company has a market cap of $23.32 billion, a PE ratio of 21.23, a price-to-earnings-growth ratio of 1.94 and a beta of 0.64. Darden Restaurants, Inc. has a twelve month low of $169.00 and a twelve month high of $228.27.

Darden Restaurants (NYSE:DRI) last issued its earnings results on Thursday, December 18th. The restaurant operator reported $2.08 EPS for the quarter, missing the consensus estimate of $2.10 by ($0.02). The business had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $3.07 billion. Darden Restaurants had a return on equity of 52.44% and a net margin of 8.92%.The business’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.03 earnings per share. Darden Restaurants has set its FY 2026 guidance at 10.500-10.700 EPS. On average, analysts predict that Darden Restaurants, Inc. will post 9.52 EPS for the current year.

Darden Restaurants Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Friday, January 9th will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, January 9th. Darden Restaurants’s payout ratio is currently 62.89%.

About Darden Restaurants

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.