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Daniel J. Kiernan, President of Olive Garden at Darden Restaurants Inc (NYSE:DRI), reported the sale of 85 shares of common stock at a price of $203.91 on July 29, 2025, for a total value of $17,332. The transaction comes as Darden, currently valued at $23.7 billion, trades near InvestingPro’s Fair Value estimate, with a P/E ratio of 22.6x.
According to a Form 4 filing with the Securities and Exchange Commission, Kiernan also disposed of 3,785 shares of Darden Restaurants (NYSE:DRI) common stock at a price of $204.48 on July 27 and 28, resulting from the company withholding shares to cover tax obligations, for a total value of $773,901. The company maintains strong financial health, earning a "GOOD" rating from InvestingPro’s comprehensive analysis system.
Additionally, Kiernan acquired a total of 9,878 shares of Darden Restaurants (NYSE:DRI) common stock on July 27 and 28, as a result of the conversion of derivative securities. The price per share for these conversions was $0. Notably, Darden has maintained dividend payments for 31 consecutive years, with a current yield of 3%. For deeper insights into DRI’s valuation and growth prospects, access the full company analysis on InvestingPro, where you’ll find exclusive ProTips and comprehensive research reports.
In other recent news, Darden Restaurants reported fiscal fourth-quarter earnings that slightly exceeded analyst expectations. The company posted adjusted earnings per share of $2.98, surpassing the consensus estimate of $2.97, and revenue reached $3.272 billion, exceeding the expected $3.265 billion. Despite this performance, Darden issued a conservative outlook for fiscal year 2026. Truist Securities reiterated its buy rating with a $252.00 price target, noting concerns over the FY26 guidance despite a positive quarterly performance. Melius Research initiated coverage with a Hold rating and a $240.00 price target, citing Darden’s consistency in full-service dining. Stephens raised its price target from $200 to $212, maintaining an Equal Weight rating, following results that exceeded expectations in same-store sales, margin, and earnings. BTIG also maintained a Buy rating with a $235.00 price target, highlighting strong sales growth and positive traffic at Olive Garden and LongHorn Steakhouse. These developments reflect varied analyst perspectives amid Darden’s recent financial disclosures.
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