Advisors Preferred LLC Makes New Investment in Darling Ingredients Inc. $DAR

Advisors Preferred LLC purchased a new stake in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 105,550 shares of the company's stock, valued at approximately $5,967,000. Advisors Preferred LLC owned approximately 0.07% of Darling Ingredients as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Darling Ingredients in the 2nd quarter worth approximately $851,450,000. Deutsche Bank AG bought a new position in shares of Darling Ingredients during the 2nd quarter valued at $168,348,000. Norges Bank bought a new position in shares of Darling Ingredients during the 4th quarter valued at $94,211,000. No Street GP LP purchased a new position in Darling Ingredients in the 3rd quarter worth $69,458,000. Finally, Bank of New York Mellon Corp bought a new stake in Darling Ingredients in the second quarter worth $63,494,000. Institutional investors own 94.44% of the company's stock.

Wall Street Analyst Weigh In

DAR has been the subject of a number of analyst reports. Barclays increased their price objective on Darling Ingredients from $62.00 to $65.00 and gave the company an "equal weight" rating in a research note on Monday, August 3rd. Zacks Research lowered shares of Darling Ingredients from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 21st. TD Cowen raised their price target on shares of Darling Ingredients from $70.00 to $80.00 and gave the stock a "buy" rating in a report on Monday, July 27th. Weiss Ratings upgraded shares of Darling Ingredients from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, August 11th. Finally, Jefferies Financial Group upped their price objective on shares of Darling Ingredients from $73.00 to $75.00 and gave the company a "buy" rating in a research note on Monday, May 4th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $69.00.

Darling Ingredients Price Performance

Shares of DAR opened at $67.74 on Friday. Darling Ingredients Inc. has a twelve month low of $29.15 and a twelve month high of $69.98. The company has a market capitalization of $10.69 billion, a P/E ratio of 18.26 and a beta of 1.02. The firm has a 50 day moving average of $59.69 and a 200 day moving average of $58.24. The company has a quick ratio of 1.03, a current ratio of 1.56 and a debt-to-equity ratio of 0.73.

Darling Ingredients (NYSE:DAR - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $2.41 earnings per share for the quarter, beating analysts' consensus estimates of $1.40 by $1.01. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. Darling Ingredients had a net margin of 9.13% and a return on equity of 12.98%. The firm's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.08 earnings per share. As a group, equities research analysts anticipate that Darling Ingredients Inc. will post 6.98 earnings per share for the current fiscal year.

Insider Buying and Selling at Darling Ingredients

In other Darling Ingredients news, EVP Patrick Mcnutt sold 8,000 shares of the company's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $67.09, for a total value of $536,720.00. Following the transaction, the executive vice president directly owned 35,777 shares in the company, valued at $2,400,278.93. This represents a 18.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Nicholas James Kemphaus sold 1,591 shares of Darling Ingredients stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $63.05, for a total transaction of $100,312.55. Following the sale, the executive vice president directly owned 35,087 shares of the company's stock, valued at $2,212,235.35. This represents a 4.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 10,591 shares of company stock worth $704,303 in the last ninety days. Company insiders own 1.90% of the company's stock.

More 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

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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