Comerica Bank Decreases Stake in Darling Ingredients Inc. $DAR

Key Points

• Comerica Bank cut its stake in Darling Ingredients by 20.8% in Q4 to 143,388 shares (about $5.16M), and institutional investors now own roughly 94.44% of the company.
• Q1 beat and positive guidance: Darling reported $0.83 EPS versus ~ $0.56 expected and $1.55B revenue, swung to $134.3M net income, and guided Q2 core-ingredients EBITDA of $260–$275M; analysts hold a consensus "Buy" with a $67.40 target.
• Near-term risk signals: Insider sales (CAO sold 3,000 shares; CEO sold 20,000) and a fatal incident at the Bastrop rendering plant that triggered an OSHA probe create potential reputational, regulatory and cost risks.

Comerica Bank lowered its position in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 20.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 143,388 shares of the company's stock after selling 37,735 shares during the quarter. Comerica Bank owned about 0.09% of Darling Ingredients worth $5,162,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio increased its holdings in Darling Ingredients by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 48,856 shares of the company's stock worth $1,508,000 after acquiring an additional 304 shares during the last quarter. NBC Securities Inc. increased its holdings in Darling Ingredients by 1.3% in the 4th quarter. NBC Securities Inc. now owns 24,318 shares of the company's stock worth $875,000 after acquiring an additional 318 shares during the last quarter. Union Bancaire Privee UBP SA increased its holdings in Darling Ingredients by 1.7% in the 4th quarter. Union Bancaire Privee UBP SA now owns 20,457 shares of the company's stock worth $731,000 after acquiring an additional 342 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Darling Ingredients by 0.4% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 109,497 shares of the company's stock worth $3,356,000 after acquiring an additional 449 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in Darling Ingredients by 37.5% in the 3rd quarter. Fifth Third Bancorp now owns 1,668 shares of the company's stock worth $51,000 after acquiring an additional 455 shares during the last quarter. Hedge funds and other institutional investors own 94.44% of the company's stock.

Insider Transactions at Darling Ingredients

In other Darling Ingredients news, CAO Joseph Manzi sold 3,000 shares of Darling Ingredients stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $63.89, for a total transaction of $191,670.00. Following the completion of the transaction, the chief accounting officer owned 19,969 shares of the company's stock, valued at $1,275,819.41. The trade was a 13.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Randall C. Stuewe sold 20,000 shares of Darling Ingredients stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $52.12, for a total value of $1,042,400.00. Following the transaction, the chief executive officer directly owned 1,117,085 shares of the company's stock, valued at $58,222,470.20. The trade was a 1.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.90% of the stock is owned by insiders.

Darling Ingredients Stock Down 0.6%

DAR stock opened at $63.82 on Friday. The company has a quick ratio of 0.99, a current ratio of 4.64 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $10.13 billion, a PE ratio of 163.64 and a beta of 1.08. Darling Ingredients Inc. has a twelve month low of $29.15 and a twelve month high of $64.90. The stock has a 50-day simple moving average of $57.96 and a two-hundred day simple moving average of $44.93.

Darling Ingredients (NYSE:DAR - Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.27. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. Darling Ingredients had a return on equity of 5.76% and a net margin of 3.54%.The company's quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.16) EPS. On average, equities analysts predict that Darling Ingredients Inc. will post 4.25 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

DAR has been the subject of several recent research reports. Weiss Ratings reissued a "sell (d+)" rating on shares of Darling Ingredients in a report on Friday, April 10th. TD Cowen lifted their price objective on Darling Ingredients from $58.00 to $72.00 and gave the stock a "buy" rating in a report on Tuesday. Wall Street Zen raised Darling Ingredients from a "buy" rating to a "strong-buy" rating in a report on Saturday. Robert W. Baird lifted their target price on Darling Ingredients from $64.00 to $75.00 and gave the company an "outperform" rating in a report on Tuesday, April 7th. Finally, Scotiabank lifted their target price on Darling Ingredients from $61.00 to $70.00 and gave the company a "sector outperform" rating in a report on Wednesday, April 22nd. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $67.40.

Trending Headlines about Darling Ingredients

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

• Positive Sentiment: Q1 earnings beat and profitability turnaround — DAR reported $0.83 EPS vs. consensus ~$0.58 and swung to net income of $134.3M from a loss a year ago, highlighting margin recovery and operational leverage. Business Wire: Q1 Results
• Positive Sentiment: Q2 core ingredients EBITDA guide supports near-term cash generation — management expects core ingredients EBITDA of $260M–$275M for Q2, giving investors a clearer earnings runway despite renewable margin pressure from RVO shifts. MSN: Q2 EBITDA Guidance
• Neutral Sentiment: Revenue roughly in line — Q1 sales were about $1.55B vs. ~$1.56B consensus (YoY +12%), so top-line growth is modestly positive but not a surprise. Yahoo Finance: Sales In Line
• Neutral Sentiment: Analyst/coverage notes and investor materials released — earnings call transcript and slide deck are available for detail on segment performance, useful for reassessing estimates. Seeking Alpha: Call Transcript
• Negative Sentiment: Fatal incident and OSHA probe at Bastrop rendering plant — a worker death prompted an OSHA investigation and negative publicity that could lead to fines, operational disruption or higher compliance costs. This likely weighed on sentiment despite the beat. Hoodline: OSHA Probe
• Negative Sentiment: Insider sale by CAO — Joseph Manzi sold 3,000 shares (~13% reduction in his holding), a small but visible insider sale disclosed to the SEC that can be read negatively by some investors. SEC: Insider Filing

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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