Barrow Hanley Mewhinney & Strauss LLC Makes New Investment in Darling Ingredients Inc. $DAR

Key Points

• Barrow Hanley Mewhinney & Strauss LLC acquired 2.18 million Darling Ingredients shares worth approximately $119 million, giving it a 1.38% stake. Institutional investors collectively own 94.44% of the company.
• Darling Ingredients reported quarterly EPS of $2.41, beating estimates of $1.40, while revenue increased 16.4% year over year to $1.72 billion. Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy.”
• Insiders sold 10,591 shares worth about $704,000 over the past 90 days, while the stock traded near its 52-week high. Analysts cited potential renewable-fuel tailwinds but also warned of rising costs, capacity constraints and policy-related risks.

Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,177,802 shares of the company's stock, valued at approximately $118,952,000. Barrow Hanley Mewhinney & Strauss LLC owned 1.38% of Darling Ingredients as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake in shares of Darling Ingredients by 17.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 644,022 shares of the company's stock worth $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 position in shares of 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 valued at $18,768,000 after purchasing an additional 58,925 shares during the period. Focus Partners Wealth acquired a new position in Darling Ingredients in the first quarter valued at $205,000. M&T Bank Corp lifted its position in Darling Ingredients by 11.2% during the second quarter. M&T Bank Corp now owns 8,384 shares of the company's stock worth $318,000 after buying an additional 847 shares during the period. Finally, Invesco Ltd. lifted its position in Darling Ingredients by 5.0% during the second quarter. Invesco Ltd. now owns 677,528 shares of the company's stock worth $25,705,000 after buying an additional 32,553 shares during the period. Hedge funds and other institutional investors own 94.44% of the company's stock.

Insider Buying and Selling at Darling Ingredients

In related news, EVP Patrick Mcnutt sold 8,000 shares of the firm's stock in a transaction that occurred on 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 owned 35,777 shares in the company, valued at approximately $2,400,278.93. This trade represents a 18.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Joseph Manzi sold 1,000 shares of Darling Ingredients stock in a transaction that occurred 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 transaction, the chief accounting officer directly owned 18,969 shares in the company, valued at approximately $1,276,044.63. This trade represents a 5.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 10,591 shares of company stock worth $704,303. 1.90% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on DAR shares. Weiss Ratings upgraded Darling Ingredients from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, August 11th. TD Cowen raised their target price on shares of Darling Ingredients from $70.00 to $80.00 and gave the stock a "buy" rating in a research report on Monday, July 27th. JPMorgan Chase & Co. boosted their target price on shares of 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 raised shares of Darling Ingredients from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 15th. Finally, Jefferies Financial Group increased their price target on shares of Darling Ingredients from $73.00 to $75.00 and gave the stock a "buy" rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $69.00.

Darling Ingredients Stock Performance

Shares of NYSE:DAR opened at $65.56 on Monday. The business has a 50-day moving average of $59.86 and a two-hundred day moving average of $58.37. The firm has a market capitalization of $10.35 billion, a PE ratio of 17.67 and a beta of 1.02. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.56 and a quick ratio of 1.03. Darling Ingredients Inc. has a 12 month low of $29.15 and a 12 month high of $69.98.

Darling Ingredients (NYSE:DAR - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $2.41 earnings per share for the quarter, beating 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 business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the company posted $0.08 EPS. The company's revenue was up 16.4% compared to the same quarter last year. As a group, research analysts forecast that Darling Ingredients Inc. will post 6.98 earnings per share for the current year.

Darling Ingredients News Roundup

Here are the key news stories impacting Darling Ingredients this week:

• Positive Sentiment: Strong second-quarter performance: Net income reached $387.3 million, while combined adjusted EBITDA rose to $741.7 million. Diamond Green Diesel (DGD) was a major contributor, generating approximately $389.2 million of Darling’s share of adjusted EBITDA. Darling Ingredients second-quarter earnings release
• Positive Sentiment: Capital-return and tax-credit support: The board expanded its share-repurchase authorization to $1 billion, and Darling agreed to sell approximately $150 million of production tax credits, potentially supporting cash flow and shareholder returns. Darling Ingredients press release
• Positive Sentiment: Favorable analyst momentum: Zacks Research upgraded DAR from “hold” to “strong-buy,” while recent broker targets have generally ranged from $70 to $79. Renewable-fuel policy support and tight renewable identification number (RIN) markets are also viewed as potential DGD tailwinds. Zacks Darling Ingredients momentum analysis
• Neutral Sentiment: Rally appears extended: Shares had advanced 12.8% over the preceding week and were approaching their 52-week high, increasing the likelihood of profit-taking and a technical reversal after strong news was already reflected in the valuation.
• Negative Sentiment: Execution risks remain: Analysts cited rising costs, flat feedstock throughput and capacity constraints. Future DGD profitability also depends on renewable-fuel policy, RIN prices and other market inputs. Zacks Darling Ingredients risk analysis
• Negative Sentiment: Mixed trading signals: Company insiders reported more selling than buying over the past six months, while institutional activity was broadly balanced but included sizable reductions by several funds. These signals may have added to short-term selling pressure.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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