CFO4Life Group LLC Acquires New Shares in Darling Ingredients Inc. $DAR

CFO4Life Group LLC purchased a new position in Darling Ingredients Inc. (NYSE:DAR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 198,358 shares of the company’s stock, valued at approximately $10,834,000. Darling Ingredients accounts for approximately 1.5% of CFO4Life Group LLC’s investment portfolio, making the stock its 14th largest holding. CFO4Life Group LLC owned about 0.13% of Darling Ingredients at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. BlackRock Inc. bought a new position in Darling Ingredients in the second quarter worth approximately $851,450,000. Vanguard Group Inc. boosted its position in Darling Ingredients by 3.4% during the 4th quarter. Vanguard Group Inc. now owns 15,394,342 shares of the company’s stock valued at $554,196,000 after acquiring an additional 512,219 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Darling Ingredients by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,066,971 shares of the company’s stock valued at $498,927,000 after acquiring an additional 47,565 shares during the period. Deutsche Bank AG bought a new position in shares of Darling Ingredients in the 2nd quarter worth $168,348,000. Finally, Davis Selected Advisers raised its position in shares of Darling Ingredients by 15.8% in the 4th quarter. Davis Selected Advisers now owns 2,842,306 shares of the company’s stock worth $102,324,000 after acquiring an additional 388,366 shares in the last quarter. 94.44% of the stock is currently owned by institutional investors.

Darling Ingredients Stock Performance

DAR opened at $65.56 on Friday. Darling Ingredients Inc. has a 52-week low of $29.15 and a 52-week high of $69.98. 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 company has a market cap of $10.35 billion, a P/E ratio of 17.67 and a beta of 1.02. The firm’s 50-day moving average price is $59.86 and its 200-day moving average price is $58.29.

Darling Ingredients (NYSE:DAR) last released its earnings results on Thursday, July 30th. The company reported $2.41 earnings per share for the quarter, topping the consensus estimate of $1.40 by $1.01. Darling Ingredients had a net margin of 9.13% and a return on equity of 12.98%. The company had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the previous year, the firm earned $0.08 EPS. Darling Ingredients’s revenue was up 16.4% compared to the same quarter last year. As a group, equities analysts anticipate that Darling Ingredients Inc. will post 6.98 EPS for the current fiscal year.

Insider Activity at Darling Ingredients

In related news, EVP Patrick Mcnutt sold 8,000 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $67.09, for a total value of $536,720.00. Following the transaction, the executive vice president directly owned 35,777 shares of the company’s stock, valued at $2,400,278.93. This represents a 18.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Joseph Manzi sold 1,000 shares of the firm’s 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 completion of the transaction, the chief accounting officer owned 18,969 shares of the company’s stock, valued at $1,276,044.63. This trade represents a 5.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 10,591 shares of company stock valued at $704,303 over the last three months. 1.90% of the stock is owned by corporate insiders.

Key Stories Impacting 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.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DAR. Jefferies Financial Group raised their price objective on Darling Ingredients from $73.00 to $75.00 and gave the company a “buy” rating in a research report on Monday, May 4th. TD Cowen lifted their price objective 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 price objective on shares of Darling Ingredients from $78.00 to $79.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 12th. 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. Finally, Weiss Ratings raised shares of Darling Ingredients from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $69.00.

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.