Darden Restaurants
About: Darden Restaurants is the largest restaurant operator in the US full-service space, with consolidated revenue of $12.1 billion in fiscal 2025. The company maintains a portfolio of 11 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V's, Bahama Breeze, The Capital Burger, and most recently, Chuy's. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2025, the company operated 2,159 restaurants in the US.
Employees: 197,924
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
84% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 73
43% more repeat investments, than reductions
Existing positions increased: 418 | Existing positions reduced: 292
38% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 11 (+3) [Q2]
4% more funds holding
Funds holding: 1,001 [Q1] → 1,046 (+45) [Q2]
9% more call options, than puts
Call options by funds: $288M | Put options by funds: $265M
4% more capital invested
Capital invested by funds: $22.8B [Q1] → $23.8B (+$970M) [Q2]
0.39% less ownership
Funds ownership: 93.73% [Q1] → 93.34% (-0.39%) [Q2]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
TD Cowen
Andrew M. Charles
|
$235
|
Hold
Reiterated
|
18 Sep 2025 |
Stephens & Co.
Jim Salera
|
$215
|
Equal-Weight
Reiterated
|
18 Sep 2025 |
Guggenheim
Gregory Francfort
|
$235
|
Buy
Maintained
|
17 Sep 2025 |
B of A Securities
Sara Senatore
|
$254
|
Buy
Maintained
|
16 Sep 2025 |
Keybanc
Eric Gonzalez
|
$240
|
Overweight
Maintained
|
10 Sep 2025 |
Evercore ISI Group
David Palmer
|
$245
|
Outperform
Maintained
|
10 Sep 2025 |
Truist Securities
Jake Bartlett
|
$252
|
Buy
Reiterated
|
2 Sep 2025 |
BMO Capital
Andrew Strelzik
|
$215
|
Market Perform
Maintained
|
25 Jun 2025 |
JP Morgan
John Ivankoe
|
$240
|
Overweight
Maintained
|
25 Jun 2025 |
Raymond James
Brian Vaccaro
|
$240
|
Outperform
Maintained
|
23 Jun 2025 |
Citigroup
Jon Tower
|
$253
|
Buy
Maintained
|
23 Jun 2025 |
Barclays
Jeffrey Bernstein
|
$255
|
Overweight
Maintained
|
23 Jun 2025 |
TD Securities
Andrew Charles
|
$235
|
Hold
Maintained
|
23 Jun 2025 |
Baird
David Tarantino
|
$230
|
Neutral
Maintained
|
23 Jun 2025 |
Morgan Stanley
Brian Harbour
|
$235
|
Overweight
Maintained
|
18 Jun 2025 |
Oppenheimer
Brian Bittner
|
$250
|
Outperform
Maintained
|
18 Jun 2025 |
Financial journalist opinion
Based on 20 articles about DRI published over the past 30 days