Coastline Trust Co Has $40,000 Stock Holdings in Darden Restaurants, Inc. $DRI

Coastline Trust Co reduced its stake in Darden Restaurants, Inc. (NYSE:DRI) by 97.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 220 shares of the restaurant operator’s stock after selling 7,524 shares during the period. Coastline Trust Co’s holdings in Darden Restaurants were worth $40,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DRI. Teacher Retirement System of Texas lifted its position in Darden Restaurants by 98.5% in the 3rd quarter. Teacher Retirement System of Texas now owns 64,118 shares of the restaurant operator’s stock valued at $12,206,000 after acquiring an additional 31,815 shares in the last quarter. AE Wealth Management LLC increased its holdings in Darden Restaurants by 164.1% during the 3rd quarter. AE Wealth Management LLC now owns 4,872 shares of the restaurant operator’s stock worth $928,000 after purchasing an additional 3,027 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Darden Restaurants in the third quarter worth approximately $2,536,000. SteelPeak Wealth LLC purchased a new stake in shares of Darden Restaurants in the third quarter worth approximately $2,816,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Darden Restaurants by 78.4% in the third quarter. JPMorgan Chase & Co. now owns 2,666,919 shares of the restaurant operator’s stock valued at $507,675,000 after purchasing an additional 1,171,890 shares in the last quarter. Institutional investors and hedge funds own 93.64% of the company’s stock.

Darden Restaurants News Summary

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

• Positive Sentiment: Q3 results and guidance lift — Darden reported $2.95 EPS (in line/just above consensus), revenue of $3.35B (+5.9% YoY) and raised its full‑year outlook for sales and adjusted EPS, citing strength at LongHorn and unit growth. Management’s guidance lift is the primary catalyst for optimism. PR Newswire: Q3 Results & Outlook
• Positive Sentiment: Analysts lift targets and ratings — A wave of firms raised targets (Citigroup to $238, Deutsche Bank to $230, Barclays to $232, KeyCorp, BTIG, others), with several reaffirming Buy/Overweight ratings. That collective upward revision signals stronger Street momentum behind the stock. Benzinga: Analysts Increase Forecasts
• Positive Sentiment: Dividend declared & capital returns — Darden announced a quarterly dividend (covers April record / May pay date) and continues significant buybacks; MarketBeat highlights strong cash flow and share‑count reduction as supportive of future returns. That makes the stock more attractive to income and valuation‑focused investors. MarketBeat: Growth & Cash Flow
• Neutral Sentiment: Earnings call / transcripts available — Management held the Q3 call and released transcripts/slides (useful for digging into LFLs, unit‑economics, weather impacts and cadence of buybacks). Investors should review the call for color on margins and FY26 assumptions. MSN: Q3 Earnings Call Transcript
• Negative Sentiment: One‑time charges and brand exit — Darden took impairments and other one‑offs tied to the Bahama Breeze review and planned closures/conversions; GAAP results look weaker as a result. These items compress near‑term margins and add uncertainty around restructuring costs. MarketBeat: One‑offs & Impairments
• Negative Sentiment: Risks flagged by some commentary — A few writeups note building risks (weather, commodity/labor pressure, and noise from restructuring) that could press margins even as revenue growth remains healthy. Seeking Alpha: Risks Building

Insider Buying and Selling

In other Darden Restaurants news, CFO Rajesh Vennam sold 6,774 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $214.12, for a total value of $1,450,448.88. Following the completion of the sale, the chief financial officer owned 9,040 shares in the company, valued at approximately $1,935,644.80. The trade was a 42.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider John W. Wilkerson sold 2,258 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $213.00, for a total value of $480,954.00. Following the sale, the insider directly owned 17,784 shares of the company’s stock, valued at approximately $3,787,992. This trade represents a 11.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 18,770 shares of company stock worth $3,948,970. Company insiders own 0.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Citigroup upped their price target on Darden Restaurants from $235.00 to $238.00 and gave the stock a “buy” rating in a report on Friday. UBS Group restated a “buy” rating and set a $230.00 price objective on shares of Darden Restaurants in a research note on Tuesday, March 10th. Barclays lifted their price objective on shares of Darden Restaurants from $227.00 to $232.00 and gave the stock an “overweight” rating in a report on Friday. Robert W. Baird upped their target price on shares of Darden Restaurants from $208.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, TD Cowen reiterated a “hold” rating on shares of Darden Restaurants in a report on Friday, December 19th. Eighteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $226.24.

Darden Restaurants Stock Performance

Darden Restaurants stock opened at $202.99 on Friday. The firm has a fifty day simple moving average of $208.09 and a two-hundred day simple moving average of $194.66. The company has a quick ratio of 0.26, a current ratio of 0.39 and a debt-to-equity ratio of 1.02. Darden Restaurants, Inc. has a twelve month low of $169.00 and a twelve month high of $228.27. The company has a market capitalization of $23.37 billion, a PE ratio of 21.48, a P/E/G ratio of 1.99 and a beta of 0.61.

Darden Restaurants (NYSE:DRI) last released its quarterly earnings data on Thursday, March 19th. The restaurant operator reported $2.95 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter in the previous year, the business earned $2.80 earnings per share. The company’s quarterly revenue was up 5.9% on a year-over-year basis. Research analysts expect that Darden Restaurants, Inc. will post 9.52 EPS for the current year.

Darden Restaurants Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, April 10th. Darden Restaurants’s payout ratio is 63.49%.

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.