4,397 Shares in Darden Restaurants, Inc. $DRI Acquired by Tobam

Tobam bought a new stake in Darden Restaurants, Inc. (NYSE:DRI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,397 shares of the restaurant operator’s stock, valued at approximately $809,000.

A number of other institutional investors also recently added to or reduced their stakes in DRI. Pacer Advisors Inc. grew its holdings in Darden Restaurants by 2.3% during the 4th quarter. Pacer Advisors Inc. now owns 9,547 shares of the restaurant operator’s stock worth $1,757,000 after acquiring an additional 212 shares in the last quarter. MV Capital Management Inc. purchased a new stake in shares of Darden Restaurants in the 4th quarter valued at approximately $59,000. TMB Capital Partners LLC purchased a new stake in shares of Darden Restaurants in the 4th quarter valued at approximately $1,662,000. Invesco Ltd. raised its holdings in shares of Darden Restaurants by 42.6% in the 4th quarter. Invesco Ltd. now owns 1,884,339 shares of the restaurant operator’s stock valued at $346,756,000 after purchasing an additional 563,237 shares in the last quarter. Finally, Harbour Wealth Management Group Inc. acquired a new stake in shares of Darden Restaurants in the 4th quarter valued at $458,000. Hedge funds and other institutional investors own 93.64% of the company’s stock.

Insider Buying and Selling at Darden Restaurants

In other Darden Restaurants news, SVP Douglas J. Milanes sold 3,620 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $202.16, for a total value of $731,819.20. Following the transaction, the senior vice president directly owned 274 shares of the company’s stock, valued at approximately $55,391.84. The trade was a 92.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Lindsay L. Koren sold 300 shares of the company’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $194.32, for a total transaction of $58,296.00. Following the transaction, the senior vice president owned 1,617 shares of the company’s stock, valued at approximately $314,215.44. The trade was a 15.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.49% of the stock is owned by company insiders.

Darden Restaurants Stock Performance

NYSE DRI opened at $213.58 on Friday. The firm has a market cap of $24.46 billion, a P/E ratio of 22.60, a P/E/G ratio of 1.91 and a beta of 0.60. Darden Restaurants, Inc. has a 52-week low of $169.00 and a 52-week high of $228.27. The business’s 50-day moving average price is $200.17 and its 200 day moving average price is $199.70. The company has a quick ratio of 0.25, a current ratio of 0.39 and a debt-to-equity ratio of 1.02.

Darden Restaurants (NYSE:DRI) last posted its quarterly earnings data on Thursday, March 19th. The restaurant operator reported $2.95 EPS for the quarter, beating the consensus estimate of $2.94 by $0.01. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. During the same period in the prior year, the business earned $2.80 EPS. The firm’s revenue was up 5.9% compared to the same quarter last year. On average, equities research analysts expect that Darden Restaurants, Inc. will post 10.62 earnings per share for the current year.

Key Headlines Impacting Darden Restaurants

Here are the key news stories impacting Darden Restaurants this week:

• Positive Sentiment: Oppenheimer reaffirmed an Outperform rating and raised its price target to $235, suggesting meaningful upside from current levels. Benzinga
• Positive Sentiment: Wall Street expects earnings growth in Darden’s upcoming quarterly report, and Zacks said the company appears positioned for a potential earnings beat, which can support the stock ahead of results. Zacks
• Neutral Sentiment: MarketWatch noted Darden’s shares rose in Thursday trading, but the stock still lagged the broader market, indicating only modest momentum rather than a clear catalyst-driven move. MarketWatch
• Neutral Sentiment: Several recent analyst and preview articles highlight that investors are awaiting Darden’s fiscal Q4 results and are focused on operating metrics beyond revenue and EPS, but these pieces are more about positioning than a new fundamental development. The Globe and Mail
• Negative Sentiment: Stephens reaffirmed an Equal Weight rating with a $210 target, implying limited downside/upside from current levels and reflecting a more cautious stance than bullish peers. Tickerreport.com

Wall Street Analysts Forecast Growth

DRI has been the subject of a number of analyst reports. BTIG Research reiterated a “buy” rating and set a $225.00 target price on shares of Darden Restaurants in a research note on Friday, March 20th. Robert W. Baird raised their price target on Darden Restaurants from $208.00 to $215.00 and gave the company a “neutral” rating in a research note on Friday, March 20th. Citigroup lifted their price target on Darden Restaurants from $238.00 to $245.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Weiss Ratings cut Darden Restaurants from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Finally, Barclays increased their price objective on Darden Restaurants from $227.00 to $232.00 and gave the company an “overweight” rating in a report on Friday, March 20th. Eighteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, Darden Restaurants presently has an average rating of “Moderate Buy” and an average price target of $227.04.

About Darden Restaurants

Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.

Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.