Comerica Bank sold a portion of its stake in
Darden Restaurants, while
Credit Agricole S A,
Northern Trust Corp,
Fuller & Thaler Asset Management Inc.,
Russell Investments Group Ltd., and
Dimensional Fund Advisors LP also decreased their holdings. Meanwhile, multiple firms, such as
Caisse DE Depot ET Placement DU Quebec,
Allstate Corp,
Ameriprise Financial Inc.,
Apexium Financial LP and
Quantitative Investment Management LLC increased their investments, contributing to a mixed picture of institutional sentiment. Despite these mixed signals, Darden Restaurants recently announced strong earnings and a $1 billion stock buyback, leading to the company's stocks hitting an all-time high on strong Olive Garden sales. However, despite a strong performance over the last five years, the company has also shown technical weakness, bearish signals and mixed analyst sentiment, leading to some caution amongst investors. On a positive note, Darden Restaurants handily beat earnings estimates and issued upbeat full-year guidance, impressive sales have led to substantial gains, and a recent partnership with Uber shows potential for future growth. Overall, these events paint a mixed outlook for Darden Restaurants, with potential for both growth and risk.
Darden Restaurants Stocks DRI News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Sat, 30 Aug 2025 10:38:13 GMT -
Rating 1
- Innovation -2
- Information 5
- Rumor -3
