Davis Selected Advisers Purchases 388,366 Shares of Darling Ingredients Inc. $DAR

Key Points

• Davis Selected Advisers raised its stake in Darling Ingredients by 15.8%, adding 388,366 shares to hold 2,842,306 shares (≈1.80%) worth about $102.3 million at quarter-end.
• Darling beat Q1 expectations with $0.83 EPS (vs. ~ $0.56 consensus), swung to net income of $134.3M on $1.55B revenue, and guided Q2 core-ingredients EBITDA of $260–$275M, signaling improved profitability and cash generation.
• Offsetting positives, the company faces a fatal incident and OSHA probe at its Bastrop rendering plant and recent insider sales (CEO sold 20,000 shares; CAO sold 3,000), which could pressure sentiment despite analyst price-target increases (average target ~$67.40).

Davis Selected Advisers increased its stake in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 15.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,842,306 shares of the company's stock after purchasing an additional 388,366 shares during the quarter. Davis Selected Advisers owned approximately 1.80% of Darling Ingredients worth $102,324,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DAR. Goldman Sachs Group Inc. raised its holdings in Darling Ingredients by 17.0% in 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 raised its holdings in Darling Ingredients by 10.9% in the 1st 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 bought a new position in Darling Ingredients in the 1st quarter worth $205,000. M&T Bank Corp raised its holdings in Darling Ingredients by 11.2% in the 2nd quarter. M&T Bank Corp now owns 8,384 shares of the company's stock worth $318,000 after purchasing an additional 847 shares during the period. Finally, Invesco Ltd. raised its holdings in Darling Ingredients by 5.0% in the 2nd quarter. Invesco Ltd. now owns 677,528 shares of the company's stock worth $25,705,000 after purchasing an additional 32,553 shares during the period. 94.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DAR has been the topic of a number of recent research reports. Stephens raised their target price on Darling Ingredients from $65.00 to $70.00 and gave the stock an "overweight" rating in a report on Tuesday, April 21st. Wall Street Zen raised Darling Ingredients from a "buy" rating to a "strong-buy" rating in a report on Saturday. Piper Sandler raised their target price on Darling Ingredients from $49.00 to $65.00 and gave the stock an "overweight" rating in a report on Friday, February 13th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Darling Ingredients in a report on Friday, April 10th. Finally, BMO Capital Markets raised their target price on Darling Ingredients from $45.00 to $57.00 and gave the stock an "outperform" rating in a report on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average price target of $67.40.

Insider Transactions at Darling Ingredients

In other news, CEO Randall C. Stuewe sold 20,000 shares of the firm's stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $52.12, for a total transaction of $1,042,400.00. Following the completion of the transaction, the chief executive officer owned 1,117,085 shares in the company, valued at $58,222,470.20. This trade represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 value 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 approximately $1,275,819.41. This represents a 13.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.90% of the company's stock.

Darling Ingredients Trading Down 0.6%

Shares of Darling Ingredients stock opened at $63.82 on Friday. The firm has a market cap of $10.13 billion, a price-to-earnings ratio of 163.64 and a beta of 1.08. The business has a 50-day moving average price of $57.96 and a 200-day moving average price of $44.93. The company has a quick ratio of 0.99, a current ratio of 4.64 and a debt-to-equity ratio of 0.15. Darling Ingredients Inc. has a twelve month low of $29.15 and a twelve month high of $64.90.

Darling Ingredients (NYSE:DAR - Get Free Report) last issued its quarterly earnings data 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 firm 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 business's quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the business posted ($0.16) earnings per share. Equities research analysts anticipate that Darling Ingredients Inc. will post 4.25 EPS for the current fiscal year.

More Darling Ingredients News

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

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.

Want to see what other hedge funds are holding DAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Darling Ingredients Inc. (NYSE:DAR - Free Report).

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.