Red Door Wealth Management LLC Reduces Holdings in Darling Ingredients Inc. $DAR

Key Points

• Red Door Wealth Management cut its stake in Darling Ingredients by 17.4%, selling 25,611 shares to finish Q4 with 121,988 shares worth about $4.39M; institutional ownership is high at 94.44% while other large funds (Goldman Sachs, UBS) increased their positions.
• Analysts remain generally positive with a consensus rating of Moderate Buy and an average price target of $60.70, and several firms recently raised targets (UBS to $78, BMO to $57, TD Cowen to $58).
• Darling shares opened at $64.54 (near its 12‑month high of $64.69) with a market cap of $10.24B and a high P/E of 165.48; meanwhile CEO Randall C. Stuewe sold 20,000 shares in March, trimming his ownership by 1.76%.

Red Door Wealth Management LLC lessened its holdings in Darling Ingredients Inc. (NYSE:DAR - Free Report) by 17.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 121,988 shares of the company's stock after selling 25,611 shares during the period. Red Door Wealth Management LLC owned 0.08% of Darling Ingredients worth $4,392,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DAR. Goldman Sachs Group Inc. grew its holdings in Darling Ingredients by 17.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 644,022 shares of the company's stock valued at $20,119,000 after buying an additional 93,408 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings 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 worth $18,768,000 after acquiring an additional 58,925 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of Darling Ingredients in the first quarter valued at $205,000. Prudential Financial Inc. boosted its stake in shares of Darling Ingredients by 87.7% during the second quarter. Prudential Financial Inc. now owns 26,713 shares of the company's stock valued at $1,121,000 after acquiring an additional 12,480 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its stake in Darling Ingredients by 153.7% in the 2nd quarter. Quadrant Capital Group LLC now owns 11,128 shares of the company's stock valued at $422,000 after purchasing an additional 6,741 shares during the last quarter. 94.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Robert W. Baird set a $64.00 price target on shares of Darling Ingredients in a research note on Friday, February 13th. Wall Street Zen lowered shares of Darling Ingredients from a "buy" rating to a "hold" rating in a research report on Sunday, March 22nd. TD Cowen upped their price objective on shares of Darling Ingredients from $45.00 to $58.00 and gave the company a "buy" rating in a research note on Friday, February 13th. BMO Capital Markets raised their target price on shares of Darling Ingredients from $45.00 to $57.00 and gave the stock an "outperform" rating in a research report on Friday, February 13th. Finally, UBS Group lifted their target price on shares of Darling Ingredients from $58.00 to $78.00 and gave the stock a "buy" rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Darling Ingredients has a consensus rating of "Moderate Buy" and an average price target of $60.70.

Darling Ingredients Stock Down 0.2%

DAR opened at $64.54 on Friday. Darling Ingredients Inc. has a 12 month low of $26.00 and a 12 month high of $64.69. The business has a 50-day moving average of $53.04 and a two-hundred day moving average of $41.04. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.50 and a quick ratio of 0.99. The stock has a market capitalization of $10.24 billion, a price-to-earnings ratio of 165.48, a price-to-earnings-growth ratio of 0.48 and a beta of 1.08.

Darling Ingredients (NYSE:DAR - Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The company reported $0.35 earnings per share for the quarter. Darling Ingredients had a net margin of 1.02% and a return on equity of 2.36%. The business had revenue of $1.71 billion for the quarter. On average, research analysts expect that Darling Ingredients Inc. will post 2.81 earnings per share for the current year.

Insider Buying and Selling

In other Darling Ingredients news, CEO Randall C. Stuewe sold 20,000 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $52.12, for a total transaction of $1,042,400.00. Following the transaction, the chief executive officer owned 1,117,085 shares of the company's stock, valued at $58,222,470.20. This trade represents a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.62% of the company's stock.

Darling Ingredients Company 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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