Hamlin Capital Trims Darden Restaurants Stake

Investment firm sells 14,665 shares of restaurant operator

Mar. 16, 2026 at 11:21am

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Hamlin Capital Management LLC lowered its holdings in shares of Darden Restaurants, Inc. (NYSE:DRI) by 1.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 903,722 shares of the restaurant operator's stock after selling 14,665 shares during the quarter, making it Darden's 11th largest institutional investor.

Why it matters

Darden Restaurants, which owns popular chains like Olive Garden and LongHorn Steakhouse, is a closely watched stock in the restaurant industry. Institutional investors like Hamlin Capital closely monitor and adjust their positions in the company, providing insights into broader market sentiment.

The details

According to the 13F filing, Hamlin Capital Management reduced its stake in Darden Restaurants by 1.6% in the third quarter, selling 14,665 shares. The investment firm still owns 903,722 shares, or about 0.78% of Darden's outstanding stock, making it one of the company's largest institutional investors.

  • Hamlin Capital Management filed its 13F report for the 3rd quarter of 2026.

The players

Hamlin Capital Management LLC

An investment management firm that owns a sizable stake in Darden Restaurants.

Darden Restaurants, Inc.

A restaurant operator that owns popular chains like Olive Garden and LongHorn Steakhouse.

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The takeaway

Hamlin Capital's modest reduction in its Darden Restaurants position suggests the investment firm remains bullish on the restaurant operator's long-term prospects, even as it trims its stake slightly. Darden's diverse portfolio of popular dining brands continues to attract significant interest from institutional investors.