TD Securities Remains a Hold on Darden Restaurants (DRI)
TD Securities analyst maintained a Hold rating on Darden Restaurants (DRI – Research Report) yesterday and set a price target of $215.00. The company's shares closed yesterday at $225.78.
Confident Investing Starts Here:
In addition to TD Securities, Darden Restaurants also received a Hold from Stephens's Jim Salera in a report issued yesterday. However, on the same day, Stifel Nicolaus reiterated a Buy rating on Darden Restaurants (NYSE: DRI).
Based on Darden Restaurants' latest earnings release for the quarter ending February 23, the company reported a quarterly revenue of $3.16 billion and a net profit of $323.4 million. In comparison, last year the company earned a revenue of $2.97 billion and had a net profit of $312.9 million
Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DRI in relation to earlier this year. Most recently, in April 2025, Charles Sonsteby, a Director at DRI sold 8,005.00 shares for a total of $1,637,422.75.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
an hour ago
- Business Wire
WhiteHawk Completes Tender Offer for Acquisition of PHX
PHILADELPHIA--(BUSINESS WIRE)--WhiteHawk Income Corporation (together with WhiteHawk Energy, LLC and their respective subsidiaries, 'WhiteHawk' or the 'Company') announced that a majority of the outstanding shares of common stock, par value $0.01666 per share (the 'Shares'), of PHX Minerals Inc. ('PHX') (NYSE: PHX) were validly tendered and the other conditions to the tender offer have been satisfied. WhiteHawk anticipates the acquisition of PHX will be consummated by WhiteHawk in accordance with, and subject to the terms of, the definitive agreement for the acquisition on Monday, June 23, 2025. Computershare Trust Company, N.A., the depositary for the tender offer, has indicated that as of 12:00 Midnight, Eastern time, at the end of June 20, 2025, approximately 28,806,761 total Shares, or 73.7% of the total Shares issued and outstanding, have been tendered into and not properly withdrawn from the tender offer. This figure does not include 50,315 Shares tendered pursuant to the guaranteed delivery procedures set forth in the Offer to Purchase. When the 50,315 Shares tendered pursuant to the guaranteed delivery procedures are included in the results, approximately 28,857,076 total Shares, or 73.8% of the total Shares issued and outstanding, will have been tendered into and not properly withdrawn from the tender offer. About WhiteHawk Energy, LLC WhiteHawk Energy, LLC is focused on acquiring mineral and royalty interests in top-tier natural gas resource plays, including the Marcellus Shale and Haynesville Shale. The management team at WhiteHawk Energy has successfully grown over $13 billion of minerals, midstream, and exploration and development companies over the last 20 years. WhiteHawk Energy currently manages approximately 1,350,000 gross unit acres within core operating areas of the Marcellus Shale and Haynesville Shale, with interests in more than 3,400 producing horizontal wells. Please go to for more information. About PHX Minerals Inc. PHX Minerals is a natural gas and oil mineral company with a strategy to proactively grow its mineral position in its core focus areas. PHX owns mineral acreage principally located in Oklahoma, Texas, Louisiana, North Dakota and Arkansas. Additional information on the Company can be found at Cautionary Statement Regarding Forward-Looking Statements This document contains certain forward-looking statements about WhiteHawk and PHX, including statements that involve risks and uncertainties concerning WhiteHawk's proposed acquisition of PHX, anticipated customer benefits and general business outlook. When used in this document, the words 'anticipates,' 'can,' 'will,' 'look forward to,' 'expected' and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of WhiteHawk or PHX, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, (i) the possibility that the transaction will not close or that the closing may be delayed, (ii) the anticipated synergies of the combined companies may not be achieved after closing, (iii) the combined operations may not be successfully integrated in a timely manner, if at all, (iv) general economic conditions in regions in which either company does business, and (v) the possibility that WhiteHawk or PHX may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of WhiteHawk or PHX. In addition, please refer to the documents that PHX files with the U.S. Securities and Exchange Commission (the 'SEC') on Forms 10-K, 10-Q and 8-K. These filings identify and address other important factors that could cause PHX's operational and other results to differ materially from those contained in the forward-looking statements set forth in this document. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither WhiteHawk nor PHX is under any duty to update any of the information in this document. Additional Information about the Acquisition and Where to Find It This document is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell shares of PHX, nor is it a substitute for the tender offer materials that WhiteHawk and its acquisition subsidiary will file and have filed with the SEC relating to the tender offer. The tender offer is being made pursuant to a tender offer statement on Schedule TO (including the Offer to Purchase, a related Letter of Transmittal and other offer materials) filed by WhiteHawk with the U.S. Securities and Exchange Commission ('SEC') on May 22, 2025, as amended from time to time. In addition, on May 22, 2025, PHX filed a Solicitation/Recommendation statement on Schedule 14D-9 with the SEC related to the tender offer. The tender offer materials (including an Offer to Purchase, a related Letter of Transmittal and certain other tender offer documents) and the Solicitation/Recommendation Statement contain important information. Holders of shares of PHX are urged to read these documents The Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement, have been made available to all holders of shares of PHX at no expense to them. The tender offer materials and the Solicitation/Recommendation Statement are available for free at the SEC's web site at In addition to the Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement, PHX files annual, quarterly and special reports and other information with the SEC. You may read and copy any reports or other information filed by PHX at the SEC public reference room at 100 F Street, N.E., Washington, D.C. 20549. Please call the Commission at 1-800-SEC-0330 for further information on the public reference room. PHX's filings with the SEC are also available to the public from commercial document-retrieval services and at the website maintained by the SEC at
Yahoo
4 hours ago
- Yahoo
Darden Restaurants Inc (DRI) Q4 2025 Earnings Call Highlights: Strong Sales Growth and ...
Total Sales: $3.3 billion, a 10.6% increase from the prior year. Same-Restaurant Sales Growth: 4.6% for the fourth quarter. Adjusted Diluted Net Earnings Per Share: Increased 12.5% to $2.98. Adjusted EBITDA: $582 million for the fourth quarter. Dividends and Share Repurchases: $215 million returned to shareholders, including $164 million in dividends and $51 million in share repurchases. Olive Garden Same-Restaurant Sales Growth: 6.9% for the quarter. Olive Garden Segment Profit Margin: 23.8%, 100 basis points higher than last year. LongHorn Steakhouse Same-Restaurant Sales Growth: 6.7% for the quarter. LongHorn Steakhouse Segment Profit Margin: 20.1%, 80 basis points above last year. Fine Dining Segment Sales Increase: 2.3% with six net new restaurants. Other Business Segment Sales Increase: 22.4%, driven by the acquisition of Chuy's and positive same-restaurant sales at Yard House and Cheddar's. Fiscal Year Total Sales: Surpassed $12 billion for the first time. Fiscal Year Adjusted Diluted Net Earnings Per Share: Increased 7.5% to $9.55. Fiscal Year Adjusted EBITDA: $2 billion from continuing operations. Fiscal Year Same-Restaurant Sales Growth: 2%, outperforming the industry by 170 basis points. New Restaurant Openings: 25 net new restaurants in the fourth quarter. Permanent Closures: 22 underperforming restaurants closed in the fourth quarter. Warning! GuruFocus has detected 9 Warning Sign with DRI. Release Date: June 20, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Darden Restaurants Inc (NYSE:DRI) reported strong same-restaurant sales and earnings growth that exceeded expectations, driven by successful marketing strategies and operational execution. Olive Garden's 'buy one take one' offer and nationwide delivery contributed to a 20% increase in takeout sales over the previous year. LongHorn Steakhouse achieved an all-time high guest satisfaction score and segment profit margin, driven by a focus on quality and training. Darden Restaurants Inc (NYSE:DRI) returned $215 million to shareholders through dividends and share repurchases, demonstrating strong cash flow management. The company announced a 7% increase in its regular quarterly dividend, reflecting confidence in future cash flow and earnings growth. Darden Restaurants Inc (NYSE:DRI) permanently closed 15 underperforming Bahama Breeze restaurants, indicating challenges in that brand's performance. The Fine Dining segment experienced negative same-restaurant sales for the quarter, with segment profit margin lower than the previous year. The acquisition of Chuy's resulted in increased interest expenses, impacting overall financial performance. The company faces macroeconomic uncertainties, which could impact future same-restaurant sales growth. Darden Restaurants Inc (NYSE:DRI) is considering strategic alternatives for the Bahama Breeze brand, including a potential sale, indicating potential instability in that segment. Q: Congrats on the strong same-store sales results. Can you give us your perspective on why casual dining is performing well right now, and how smaller chains are faring in this environment? A: Ricardo Cardenas, President and CEO, explained that consumers are recognizing the value in casual dining, which is driving increased traffic. He noted that Darden has been prudent with pricing, keeping it below inflation, which has helped attract customers from fast food and fast casual segments. Q: Regarding the unit growth outlook, when might we see a ramp in unit growth, and which brands will contribute the most? A: Rajesh Vennam, CFO, stated that Darden expects to be in the 3%-plus range for unit growth over the next five years. Olive Garden and LongHorn are expected to open 40 to 45 new locations, with Yard House and other brands contributing additional openings. Q: Does the updated long-term framework reflect a different view on restaurant margin opportunities or reinvestment rates? A: Rajesh Vennam explained that the new framework emphasizes sales growth with appropriate investments, which may result in restaurant-level EBITDA not growing at previous rates. The focus is on long-term growth rather than immediate margin expansion. Q: Can you discuss the impact of Uber Direct at Olive Garden on mix and same-store sales, and any differences in incremental margin? A: Rajesh Vennam noted that Uber Direct contributed about 3.5% of total sales at Olive Garden in Q4, with a mix impact of 40 basis points. The incremental sales impact was roughly 2%, and there was no significant negative impact on margins due to the structure of the deal with Uber. Q: How are you prioritizing the rollout of Uber Direct across other brands, and what are the considerations? A: Ricardo Cardenas mentioned that the priority is to evaluate the performance of Uber Direct at Olive Garden and Cheddar's before expanding to other brands. Each brand's leadership will decide if they want to implement Uber Direct, ensuring it aligns with their operational capabilities. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Business Insider
5 hours ago
- Business Insider
RTX, NOC, and LMT: 3 High Caliber Defense Stocks in a Dangerous Market
While we all hope for a peaceful resolution to the escalating tensions between Israel and Iran—far more important than market movements—the conflict serves as a stark reminder of the strategic value of defense stocks. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter I've written about the defense sector previously, and these picks have performed admirably since then. Let's take a look at three of the top aerospace and defense stocks, Lockheed Martin (LMT), RTX (RTX), and Northrop Grumman (NOC), to see where they stand today. Aerospace and defense companies often offer stable, long-term investment appeal. Their revenues are typically underpinned by multi-year contracts with governments and militaries, providing predictable cash flow. The industry also features high barriers to entry, given the critical nature of the work and the long-standing relationships required to secure contracts—governments are unlikely to entrust vital defense programs to unproven newcomers. Many of these companies are also mature, dividend-paying businesses, making them attractive holdings in uncertain geopolitical environments. RTX Corporation (NYSE:RTX) Formerly known as Raytheon, RTX is one of the largest and most recognizable players in the aerospace and defense sector, with a market capitalization approaching $200 billion. The company was formed through a 2020 merger between Raytheon and United Technologies' aerospace and defense businesses. Today, RTX operates through three major segments. Firstly, Collins Aerospace, a leading provider of advanced aerospace and defense systems, generated $28.3 billion in revenue in 2024. Second, Pratt & Whitney, a leader in aircraft engines and power systems, generated $28.1 billion in revenue in 2024. Lastly, Raytheon, focused on defense technologies including cybersecurity, contributed $26.7 billion last year. With nearly equal revenue distribution across its divisions, RTX is a well-balanced industrial powerhouse. While the U.S. government is its largest customer, RTX also serves global allies, including Poland and the UAE, among others, thereby reinforcing its geopolitical relevance. The stock has gained almost 40% in the past year and now trades at 25x 2025 earnings estimates, slightly above the S&P 500's forward P/E of 21.5, but not excessively priced given the company's scale and stability. RTX also appeals to income investors. It offers a 1.8% dividend yield, modestly higher than the S&P 500's 1.3%, but where it truly stands out is in dividend growth. With 32 consecutive years of dividend increases, RTX has earned its place among Dividend Aristocrats, showcasing a long-standing commitment to returning value to shareholders. Is RTX a Good Stock to Buy? Turning to Wall Street, RTX earns a consensus Moderate Buy rating based on 11 Buys, five Holds, and zero Sell ratings assigned in the past three months. The average analyst RTX stock price target of $138.93 implies 4.7% downside potential from current levels. Northrop Grumman (NYSE:NOC) Formed in 1994 through the acquisition of Grumman Aerospace by Northrop Corporation, Northrop Grumman (NOC) has grown into a $72 billion cornerstone of the aerospace and defense industry. The company produces a wide range of cutting-edge technologies, including advanced weapons, missile defense systems, and aircraft such as the B-21 Raider stealth bomber. It also maintains strong positions in space systems and mission solutions. In 2024, Northrop Grumman reported solid revenue across its diversified business units: Aeronautics ($12 billion), Space Systems ($11.7 billion), Mission Systems ($11.4 billion), and Defense Systems ($8.6 billion). This diverse revenue base highlights the company's broad capabilities and stable income streams. Like RTX, Northrop Grumman maintains a strong international footprint, serving clients in 25 countries, reinforcing its global relevance. The stock currently trades at 20x 2025 earnings estimates, making it cheaper than RTX and slightly below the S&P 500 average, positioning it as a solid, if not flashy, value play for investors. In terms of income, Northrop Grumman matches RTX with a 1.8% dividend yield. More importantly, it's a reliable dividend growth stock, having paid dividends for 35 consecutive years and increased its payout for 21 straight years, underscoring its consistency and shareholder focus. Is Northrop Grumman Stock a Good Buy? Turning to Wall Street, NOC earns a consensus Moderate Buy rating based on 10 Buys, five Holds, and zero Sell ratings assigned in the past three months. The average analyst NOC stock price target of $541.36 implies 9.4% upside potential from current levels. Lockheed Martin (NYSE:LMT) With a market cap of $112 billion, Lockheed Martin (LMT) stands as one of the most established and recognizable names in the aerospace and defense sector. The company is renowned for its iconic military aircraft, including the F-16 Falcon and the F-35 Lightning II, with its Aeronautics segment generating $28.6 billion in revenue in 2024. Lockheed Martin's operations are broad and well-diversified, including Missiles and Fire Control, which generated $12.6 billion in sales for 2024; Rotary and Mission Systems, featuring Sikorsky helicopters and maritime technologies, contributing $17.2 billion; and its Space segment, which brought in $12.4 billion for the year. Altogether, Lockheed Martin reported $71 billion in total revenue for 2024, showcasing the scale and balance of its business. Internationally, Lockheed maintains a robust global presence, working with over 50 countries, including Australia, Germany, Poland, Saudi Arabia, Singapore, and South Korea, which provides meaningful geographic diversification. From a valuation standpoint, Lockheed Martin appears attractive, trading at just 17x 2025 earnings estimates —cheaper than the broader market and the least expensive stock among its peers in this comparison. Income investors will also find Lockheed compelling. With a 2.75% dividend yield, it offers more than double the S&P 500's average and is the highest-yielding stock among prominent U.S. defense names. The company has paid dividends for 29 consecutive years and raised its payout for 22 straight years. With a payout ratio of less than 50%, Lockheed has ample room to continue growing its dividend in the years ahead. Is Lockheed Martin Stock a Buy or Sell? LMT earns a consensus Moderate Buy rating based on seven Buys, eight Holds, and zero Sell ratings assigned in the past three months. The average analyst LMT stock price target of $521.07 implies 11.2% upside potential from current levels. Why Lockheed Martin Stands Out Among Top Defense Stocks I'm bullish on all three of these aerospace and defense stocks, each of which offers a durable business model, long-standing government relationships, diversified revenue streams across multiple segments, reasonable valuations, above-average dividend yields, and impressive records of dividend growth. Among them, I find Lockheed Martin the most compelling, thanks to its lowest valuation and highest dividend yield of the group, alongside a strong track record of consistent dividend increases.
