Darling Ingredients (DAR) reported second-quarter 2026 net income attributable to Darling of $387.3 million, or $2.41 per GAAP diluted share, compared with $12.7 million, or $0.08 per GAAP diluted share, a year earlier. Total net sales were $1.7 billion, up from $1.5 billion in the second quarter of 2025.
The company said it received $280.0 million in cash distributions from Diamond Green Diesel, reduced net debt by $223.0 million and repurchased $73.0 million in common stock during the quarter.
- Second-quarter total net sales were $1.724 billion.
- Net income attributable to Darling was $387.312 million.
- GAAP diluted EPS was $2.41, and GAAP basic EPS was $2.44.
- Combined Adjusted EBITDA was $741.7 million, compared with $249.5 million a year earlier.
- Darling closed on the acquisition of three rendering facilities in Brazil for about $122 million.
- The company expects fiscal 2026 net debt at or below $3 billion and a bank leverage ratio below 2X.
$DAR Insider Trading Activity
$DAR insiders have traded $DAR stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $DAR stock by insiders over the last 6 months:
- DER VELDEN JAN VAN (EVP Int Rendering&Specialties) has made 0 purchases and 2 sales selling 23,000 shares for an estimated $1,178,270.
- SANDRA DUDLEY (EVP Chief Strategy Officer) has made 0 purchases and 3 sales selling 8,651 shares for an estimated $447,983.
- NICHOLAS JAMES KEMPHAUS (EVP Gen. Counsel & Secretary) has made 0 purchases and 4 sales selling 5,830 shares for an estimated $303,955.
- JOSEPH MANZI (Chief Accounting Officer) sold 3,000 shares for an estimated $191,670
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$DAR Hedge Fund Activity
We have seen 326 institutional investors add shares of $DAR stock to their portfolio, and 212 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC removed 3,291,044 shares (-53.3%) from their portfolio in Q1 2026, for an estimated $203,551,071
- AQR CAPITAL MANAGEMENT LLC added 2,945,280 shares (+383.5%) to their portfolio in Q1 2026, for an estimated $182,165,568
- DAVIS SELECTED ADVISERS removed 2,654,401 shares (-93.4%) from their portfolio in Q1 2026, for an estimated $164,174,701
- MEREWETHER INVESTMENT MANAGEMENT, LP added 2,446,409 shares (+278.6%) to their portfolio in Q1 2026, for an estimated $151,310,396
- GATES CAPITAL MANAGEMENT, INC. removed 2,382,929 shares (-50.2%) from their portfolio in Q1 2026, for an estimated $147,384,158
- UBS GROUP AG removed 2,242,221 shares (-44.0%) from their portfolio in Q1 2026, for an estimated $138,681,368
- BANK OF AMERICA CORP /DE/ removed 1,438,027 shares (-38.0%) from their portfolio in Q1 2026, for an estimated $88,941,969
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
