Darling Ingredients Inc. $DAR Stock Holdings Boosted by Trium Capital LLP

Trium Capital LLP grew its holdings in shares of Darling Ingredients Inc. (NYSE:DAR) by 83.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,891 shares of the company’s stock after purchasing an additional 23,673 shares during the period. Darling Ingredients makes up 1.4% of Trium Capital LLP’s portfolio, making the stock its 20th biggest holding. Trium Capital LLP’s holdings in Darling Ingredients were worth $1,868,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DAR. Danske Bank A S bought a new position in shares of Darling Ingredients during the 3rd quarter valued at about $25,000. Sound Income Strategies LLC bought a new position in shares of Darling Ingredients during the 3rd quarter valued at about $29,000. Abich Financial Wealth Management LLC bought a new position in shares of Darling Ingredients during the 3rd quarter valued at about $37,000. EverSource Wealth Advisors LLC boosted its position in shares of Darling Ingredients by 681.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,016 shares of the company’s stock valued at $39,000 after purchasing an additional 886 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its position in shares of Darling Ingredients by 138.3% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,511 shares of the company’s stock valued at $47,000 after purchasing an additional 877 shares in the last quarter. Institutional investors own 94.44% of the company’s stock.

Wall Street Analysts Forecast Growth

DAR has been the subject of several research reports. Scotiabank restated an “outperform” rating and set a $61.00 price objective on shares of Darling Ingredients in a research report on Tuesday, February 17th. Piper Sandler raised their price objective on Darling Ingredients from $49.00 to $65.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Robert W. Baird raised their price objective on Darling Ingredients from $64.00 to $75.00 and gave the stock an “outperform” rating in a research note on Tuesday. Wall Street Zen lowered Darling Ingredients from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Finally, Jefferies Financial Group reissued a “buy” rating and set a $66.00 price objective on shares of Darling Ingredients in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Darling Ingredients presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.80.

Darling Ingredients Stock Performance

Shares of DAR opened at $61.36 on Friday. Darling Ingredients Inc. has a one year low of $27.71 and a one year high of $64.90. The company has a 50-day moving average of $54.55 and a two-hundred day moving average of $41.87. The stock has a market cap of $9.74 billion, a price-to-earnings ratio of 157.32, a PEG ratio of 0.46 and a beta of 1.08. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.50 and a quick ratio of 0.99.

Darling Ingredients (NYSE:DAR) last announced its earnings results on Thursday, January 29th. The company reported $0.35 EPS for the quarter. Darling Ingredients had a net margin of 1.02% and a return on equity of 2.36%. The company had revenue of $1.71 billion during the quarter. On average, equities research analysts expect that Darling Ingredients Inc. will post 2.81 earnings per share for the current year.

Insider Activity at Darling Ingredients

In other news, CEO Randall C. Stuewe sold 20,000 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $52.12, for a total value of $1,042,400.00. Following the completion of the sale, the chief executive officer owned 1,117,085 shares of the company’s stock, valued at $58,222,470.20. This trade represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.90% of the stock is currently owned by company insiders.

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.