Callan Family Office LLC Buys New Shares in Darling Ingredients Inc. $DAR

Key Points

• Callan Family Office LLC initiated a position in Darling Ingredients by purchasing 57,813 shares worth approximately $3.16 million during the second quarter. Institutional investors and hedge funds collectively own 94.44% of the company.
• Analysts maintain a favorable outlook, with a consensus rating of “Moderate Buy” and an average price target of $69.00; recent target increases ranged from $65 to $80.
• Darling Ingredients exceeded quarterly expectations, reporting $2.41 in EPS versus the $1.40 consensus and $1.72 billion in revenue, up 16.4% year over year.

Callan Family Office LLC bought a new position in shares of Darling Ingredients Inc. (NYSE:DAR - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 57,813 shares of the company's stock, valued at approximately $3,158,000.

Several other large investors have also recently bought and sold shares of the stock. Danske Bank A S bought a new position in Darling Ingredients in the third quarter valued at approximately $25,000. Allworth Financial LP increased its position in shares of Darling Ingredients by 227.2% during the 4th quarter. Allworth Financial LP now owns 733 shares of the company's stock worth $26,000 after purchasing an additional 509 shares during the last quarter. SJS Investment Consulting Inc. raised its stake in shares of Darling Ingredients by 69.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 423 shares of the company's stock worth $26,000 after purchasing an additional 174 shares in the last quarter. Litman Gregory Wealth Management LLC bought a new stake in shares of Darling Ingredients during the 4th quarter worth approximately $29,000. Finally, Leonteq Securities AG acquired a new stake in shares of Darling Ingredients in the 4th quarter valued at approximately $35,000. 94.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DAR has been the subject of several analyst reports. Barclays raised their target price on shares of Darling Ingredients from $62.00 to $65.00 and gave the company an "equal weight" rating in a research note on Monday, August 3rd. TD Cowen upped their price target 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. Weiss Ratings upgraded shares of Darling Ingredients from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, August 11th. Zacks Research upgraded shares of Darling Ingredients from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Finally, Jefferies Financial Group lifted their price objective on shares of Darling Ingredients from $73.00 to $75.00 and gave the company a "buy" rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Darling Ingredients currently has a consensus rating of "Moderate Buy" and a consensus target price of $69.00.

Darling Ingredients Price Performance

NYSE:DAR opened at $65.56 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.56 and a debt-to-equity ratio of 0.73. The stock's 50 day moving average price is $59.86 and its two-hundred day moving average price is $58.29. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of 17.67 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 - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $2.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $1.71 billion. During the same period last year, the firm posted $0.08 earnings per share. The business's revenue was up 16.4% on a year-over-year basis. On average, analysts anticipate that Darling Ingredients Inc. will post 6.98 earnings per share for the current year.

Trending Headlines about Darling Ingredients

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.

Insiders Place Their Bets

In related news, CAO Joseph Manzi sold 1,000 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $67.27, for a total value of $67,270.00. Following the sale, the chief accounting officer owned 18,969 shares in the company, valued at approximately $1,276,044.63. This represents a 5.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Nicholas James Kemphaus sold 1,591 shares of the firm's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $63.05, for a total value 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. The SEC filing for this sale provides additional information. Insiders have sold a total of 10,591 shares of company stock worth $704,303 in the last quarter. Insiders own 1.90% 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.

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