29,879 Shares in Darden Restaurants, Inc. $DRI Acquired by Tulsa Wealth Advisors INC

Tulsa Wealth Advisors INC bought a new position in shares of Darden Restaurants, Inc. (NYSE:DRI) during the 4th quarter, HoldingsChannel.com reports. The fund bought 29,879 shares of the restaurant operator’s stock, valued at approximately $5,498,000. Darden Restaurants accounts for about 1.8% of Tulsa Wealth Advisors INC’s portfolio, making the stock its 18th biggest holding.

A number of other hedge funds have also bought and sold shares of DRI. Wellington Management Group LLP raised its holdings in shares of Darden Restaurants by 81.0% in the fourth quarter. Wellington Management Group LLP now owns 8,077,567 shares of the restaurant operator’s stock worth $1,486,434,000 after buying an additional 3,613,781 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Darden Restaurants by 78.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,666,919 shares of the restaurant operator’s stock worth $507,675,000 after acquiring an additional 1,171,890 shares during the last quarter. Norges Bank purchased a new position in Darden Restaurants in the 4th quarter worth $144,483,000. Alyeska Investment Group L.P. acquired a new stake in Darden Restaurants during the 4th quarter worth about $113,301,000. Finally, Invesco Ltd. lifted its position in Darden Restaurants by 42.6% during the 4th quarter. Invesco Ltd. now owns 1,884,339 shares of the restaurant operator’s stock worth $346,756,000 after acquiring an additional 563,237 shares during the period. Institutional investors and hedge funds own 93.64% of the company’s stock.

Insider Activity at Darden Restaurants

In other Darden Restaurants news, SVP Lindsay L. Koren sold 300 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $194.32, for a total value of $58,296.00. Following the sale, the senior vice president owned 1,617 shares in the company, valued at approximately $314,215.44. This represents a 15.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Douglas J. Milanes sold 3,620 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $202.16, for a total transaction of $731,819.20. Following the sale, the senior vice president directly owned 274 shares in the company, valued at $55,391.84. The trade was a 92.96% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.49% of the company’s stock.

Darden Restaurants Stock Performance

Shares of DRI stock opened at $213.58 on Friday. Darden Restaurants, Inc. has a 52-week low of $169.00 and a 52-week high of $228.27. The company has a quick ratio of 0.25, a current ratio of 0.39 and a debt-to-equity ratio of 1.02. The stock has a market cap of $24.46 billion, a PE ratio of 22.60, a price-to-earnings-growth ratio of 1.91 and a beta of 0.60. The business has a 50-day simple moving average of $200.17 and a 200-day simple moving average of $199.70.

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

Darden Restaurants News Roundup

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

Analyst Ratings Changes

Several analysts have weighed in on DRI shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of Darden Restaurants in a research note on Friday, March 13th. Wells Fargo & Company lifted their target price on Darden Restaurants from $200.00 to $210.00 and gave the stock an “equal weight” rating in a report on Friday, March 20th. Citigroup upped their target price on Darden Restaurants from $238.00 to $245.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Bank of America increased their price target on shares of Darden Restaurants from $272.00 to $276.00 and gave the stock a “buy” rating in a report on Friday, June 5th. Finally, Oppenheimer reissued an “outperform” rating and set a $235.00 price target on shares of Darden Restaurants in a research report on Thursday. Eighteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $227.04.

Darden Restaurants Company Profile

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.