TD Cowen Reiterates Buy Rating on Darling Ingredients

TD Cowen has reiterated its buy rating for Darling Ingredients Inc. (NYSE:DAR), maintaining a price target of $70. This update was announced on June 23, 2026, as the stock traded around $53.22.

Darling Ingredients Inc. Stock Down 17.5%

Shares of NYSE:DAR traded near $53.22 on Tuesday. Darling Ingredients has a market cap of $8.46 billion, a P/E ratio of 38.6, and a forward P/E of 10.4. The stock's 52-week range is between $29.15 and $66.02, with a 50-day moving average of $60.22 and a 200-day moving average of $45.67. Its current ratio stands at 1.58, and the quick ratio is 0.73, with a debt-to-equity ratio of 87.92.

Recent Earnings

In its recent financial results, Darling Ingredients reported revenue of approximately $6.31 billion, reflecting a growth of 12.3%. The company's earnings per share (EPS) was $1.38, with a net margin of 3.54% and a return on equity (ROE) of 4.88%. The next earnings announcement is scheduled for July 30, 2026.

Other Institutional Activity in Darling Ingredients

Among other institutional investors, BlackRock, Inc. grew its holdings by 577,704 shares, ending with 15,148,807 shares valued at about $936.95 million. Dimensional Fund Advisors LP increased its position by 47,565 shares, resulting in 8,066,971 shares worth approximately $498.93 million. Vanguard Portfolio Management LLC opened a new position with 7,340,348 shares valued at $454 million. Vanguard Capital Management LLC also initiated a stake, acquiring 7,121,839 shares worth $440.49 million. Meanwhile, FMR LLC reduced its holdings by 1,255,799 shares, leaving it with 4,386,558 shares valued at $271.31 million.

Insider Buying and Selling at Darling Ingredients Inc.

Several insiders made purchases on May 7, 2026. Randy Hill acquired 3,351 shares at an average price of $7.87. Linda Goodspeed, Enderson Guimaraes, and Kurt Stoffel each bought 2,650 shares at no cost per share. Celeste Clark purchased 2,780 shares at $1.76 per share. Randy Hill also bought an additional 2,911 shares at $3.37 per share. None of these transactions were part of a pre-arranged trading plan.

Analysts Set New Price Targets

On June 23, 2026, TD Cowen maintained its buy rating for Darling Ingredients with a $70 price target. Barclays initiated coverage with a hold rating and a $58 target on June 22, 2026. Earlier, JP Morgan and Jefferies both maintained buy ratings with targets of $79 and $75, respectively. The consensus among analysts is a strong buy, with an average target price of $76.42 based on 12 opinions.

About Darling Ingredients

Darling Ingredients Inc., headquartered in Irving, Texas, is a leader in developing and selling sustainable natural ingredients. The company operates in the consumer defensive sector, specifically in packaged foods. With a workforce of around 15,000 employees, Darling Ingredients processes various bio-nutrients into products used in feed, food, and fuel. It serves markets in North America, Europe, China, South America, and beyond.

Bottom Line

TD Cowen's reiterated buy rating and $70 price target reflect confidence in Darling Ingredients' growth prospects. Investors often track such analyst updates for insight into potential stock performance. Remember, this analysis is based on backward-looking 13F filings and may not represent the current position.