Darling Ingredients director Charles Adair acquires $25,595 in stock

Charles L. Adair, a director at Darling Ingredients Inc., acquired 500 shares of the company's common stock on November 10, 2026, purchasing them at $51.19 per share for a total of $25,595. This action increased Mr. Adair's ownership to 52,190 shares, currently valued at $55.36 per share. According to InvestingPro analysis, Darling Ingredients appears undervalued, with a Fair Value of $69.80 and a low earnings multiple of 10.45.

An attorney-in-fact, Teun Tchornobay, filed the transaction details on November 12, 2026. Recently, Darling reported its third-quarter 2026 financial results, with earnings of $1.67 per share, below the expected $1.83, while revenue matched forecasts at $1.79 billion, indicating stable demand. The company's net income surged to $267 million from $19 million the prior year, supported by stronger operations and improved cash generation.

Adjusted EBITDA more than doubled to approximately $514 million, and net debt decreased by $420 million, reducing leverage to 1.7 times. Management reaffirmed its full-year 2026 adjusted EBITDA guidance between $2.2 billion and $2.3 billion, highlighting the company's operational strength and financial health despite the earnings miss.