Insider Selling: Darling Ingredients (NYSE:DAR) CAO Sells $67,270.00 in Stock

Darling Ingredients Inc. (NYSE:DAR) CAO Joseph Manzi sold 1,000 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $67.27, for a total transaction of $67,270.00. Following the sale, the chief accounting officer directly owned 18,969 shares of the company’s stock, valued at $1,276,044.63. The trade was a 5.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Darling Ingredients Price Performance

DAR stock opened at $67.74 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.03 and a debt-to-equity ratio of 0.73. The firm’s 50-day moving average price is $59.69 and its two-hundred day moving average price is $58.24. The stock has a market capitalization of $10.69 billion, a price-to-earnings ratio of 18.26 and a beta of 1.02. Darling Ingredients Inc. has a 12-month low of $29.15 and a 12-month high of $69.98.

Darling Ingredients (NYSE:DAR) last posted its earnings results on Thursday, July 30th. The company reported $2.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $1.01. Darling Ingredients had a return on equity of 12.98% and a net margin of 9.13%.The company had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the firm earned $0.08 earnings per share. Darling Ingredients’s quarterly revenue was up 16.4% on a year-over-year basis. As a group, equities analysts predict that Darling Ingredients Inc. will post 6.98 earnings per share for the current year.

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

Analyst Ratings Changes

A number of equities analysts recently commented on DAR shares. JPMorgan Chase & Co. upped their target price on Darling Ingredients from $78.00 to $79.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Wall Street Zen upgraded shares of Darling Ingredients from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Zacks Research downgraded shares of Darling Ingredients from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Weiss Ratings upgraded shares of Darling Ingredients from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 11th. Finally, Barclays raised their target price on shares of Darling Ingredients from $62.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Monday, August 3rd. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its stake in shares of Darling Ingredients by 17.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 644,022 shares of the company’s stock valued at $20,119,000 after purchasing an additional 93,408 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Darling Ingredients by 10.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 600,777 shares of the company’s stock worth $18,768,000 after purchasing an additional 58,925 shares during the period. Focus Partners Wealth purchased a new stake in Darling Ingredients in the first quarter worth $205,000. M&T Bank Corp raised its holdings in Darling Ingredients by 11.2% in the second quarter. M&T Bank Corp now owns 8,384 shares of the company’s stock worth $318,000 after purchasing an additional 847 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Darling Ingredients by 5.0% in the second quarter. Invesco Ltd. now owns 677,528 shares of the company’s stock worth $25,705,000 after purchasing an additional 32,553 shares in the last quarter. Hedge funds and other institutional investors own 94.44% of the company’s stock.

About Darling Ingredients

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.