Darden Restaurants (DRI) President Williamson Buys 869 Shares
Laura Williamson joins a group of executives picking up shares as the restaurant giant maintains its growth pace.
Reviewed by automated data checks against the source filing. How we make and check alerts
Laura Williamson, President, LongHorn Steakhouse at Darden Restaurants, Inc. ($DRI), bought 869 shares on June 23, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $DRI is down 2.2% after 1 week, down 7.1% after 1 month and up 4.4% to date (from the $207.21 close on Jun 23, 2026).
Key Points
- Laura Williamson, President of LongHorn Steakhouse, acquired 869 shares of Darden Restaurants on June 23, 2026.
- The stock recently traded at $211.10, sitting comfortably above its 200-day moving average of $203.06 following a 13.7% revenue increase.
- Multiple analysts recently adjusted their outlooks, with price targets ranging from $215.00 to $276.00 and a consensus recommendation of buy.
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Laura Williamson, the President of LongHorn Steakhouse, purchased 869 shares of Darden Restaurants, Inc. (DRI) on June 23, 2026. This transaction at the Orlando-based dining company was reported in a new filing with the SEC. While the specific purchase price per share was not listed in the filing, the acquisition adds to a flurry of buying activity from the company's top leadership team during the same period.
Wave of Darden Restaurants Insider Activity
Williamson wasn't the only executive adding to their position on June 23, 2026. Several other high-ranking leaders at Darden Restaurants also acquired shares. Group President Todd Burrowes and another Group President, Martin Melvin John, each picked up 4,650 shares. Sarah King, the Chief People Officer, added 3,100 shares to her holdings. Chief Supply Chain Officer Douglas Milanes acquired 2,171 shares, while Corporate Controller John Madonna bought 1,394 shares. Even the legal department participated, with General Counsel Lindsay Koren acquiring 465 shares. None of these transactions were noted as being part of a pre-arranged Rule 10b5-1 trading plan, which executives often use to schedule trades in advance.
Darden Stock Performance and Financial Health
Shares of Darden Restaurants were trading at $211.10 on Thursday. The stock has been trading in a range between $169.00 and $229.76 over the last year. With a market value of roughly $23.99 billion, the company currently trades at about 20 times its past year's earnings. Looking ahead, investors appear optimistic, as the forward P/E ratio — a measure of the stock price relative to expected future earnings — sits at 17.04. The company has also shown strong efficiency, reporting a 53.72% return on equity, which measures how effectively management uses investor capital to generate profit.
Recent Earnings and Growth Trends
In its most recent financial reporting, Darden Restaurants posted $13.21 billion in revenue, which is a 13.7% increase compared to the prior year. The company remains profitable, keeping about 9.1% of its sales as net income. These results come as the company continues to integrate various brands under its umbrella. Investors are looking toward September 24, 2026, when the company is expected to release its next set of quarterly financial results.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
8 target raises vs 1 cuts.
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EPS & revenue
EPS missed estimates by 0.8%. Revenue missed estimates by 0.6%.
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Profit surprise
EBITDA missed by 7 percent. Operating income missed by 9 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
8 target raises, 1 target cut.
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Earnings quality
Gross margin down 4.3 points. Positive free cash flow.
Earnings Call Summary
Darden delivered a strong second quarter with 3.1 billion in sales and 4.3 percent same restaurant sales growth, outperforming the industry by 300 basis points. Olive Garden led with 4.7 percent growth driven by the Never Ending Pasta Bowl promotion and strong Uber Direct delivery at 4 percent of sales. However, elevated beef prices compressed margins as the company priced 130 basis points below inflation to protect guest value. Management expects beef costs to ease in the fourth quarter and margins to improve in the back half.
Guidance Darden raised its full year sales guidance to 8.5 to 9.3 percent growth, up from prior range. The company expects same restaurant sales of 3.5 to 4.3 percent for the year and 65 to 70 new openings. Full year adjusted earnings per share guidance stays at 10.60 to 10.70, which includes about 20 cents from a fifty-third week.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Cash Returns to Shareholders
Darden Restaurants pays a regular dividend to its investors. The company has set an annual dividend rate of $6.48 per share, which gives the stock a dividend yield of 3.1%. Currently, the company uses about 57.5% of its profits to cover these dividend payments, a level often seen as sustainable for a mature restaurant operator.
Analysts Set New Price Targets
Wall Street analysts have been active in updating their views on Darden Restaurants recently. On September 25, 2026, Mizuho maintained an Outperform rating and raised its price target from $235.00 to $245.00. That same day, Citigroup kept its Buy rating with a $247.00 target, while Freedom Capital Markets raised its target to $260.00. Not everyone is as bullish; BMO Capital maintained a Market Perform rating on September 25 with a $220.00 target, and TD Cowen reiterated a Hold rating on September 24 with a $215.00 target. Across 26 different analyst opinions, the stock holds a consensus buy rating with an average price target of $232.96.
About Darden Restaurants, Inc.
Darden Restaurants is one of the largest full-service restaurant operators in North America. Based in Orlando, Florida, the company owns a massive portfolio of popular dining brands including Olive Garden, LongHorn Steakhouse, Yard House, and Ruth's Chris Steak House. The company’s ability to manage costs across these diverse chains while growing its footprint is a key focus for investors following these recent insider purchases.
What to Watch at Darden Restaurants, Inc.
The cluster of executive buys in late June suggests the leadership team is comfortable with the company's current path. Investors will likely focus on the upcoming September 24 earnings call to see if the company can maintain its double-digit revenue growth. While these insider purchases are a vote of confidence, they are just one piece of the puzzle alongside broader economic trends affecting the dining industry.
Source: Laura Williamson's Form 4 filing on $DRI (Jun 23, 2026). Find the original filing: DRI Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
