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LOWELL, Mass., April 23, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI) plans to announce financial results for its second quarter ended April 3, 2026, before market open on Thursday, May 7, 2026. In conjunction with the release, MACOM will conduct a conference call at 8:30 a.m. Eastern Time on Thursday, May 7, 2026 hosted by Mr. Stephen G. Daly, President and Chief Executive Officer, and Mr. John F. Kober, Senior Vice President and Chief Financial Officer.

Please visit MACOM’s Investor Relations Website to register for a user-specific access code for the live call or to access the live webcast. A replay of the call will be available within 24 hours and remain accessible by all interested parties for approximately 90 days.

About MACOM
MACOM designs and manufactures high performance semiconductor products for the Industrial and Defense, Data Center and Telecommunications industries. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. MACOM has achieved certification to the IATF16949 automotive standard, the AS9100D aerospace standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. MACOM operates facilities across the United States, Europe, Asia and is headquartered in Lowell, Massachusetts. To learn more, please visit www.macom.com.

Company Contact:
MACOM Technology Solutions Holdings, Inc.
Stephen Ferranti, Senior Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]

The information technology sector delivered some of the portfolio's strongest performance in the fourth quarter. A strong ramp-up of Coherent's optical transceivers sales drove strong growth in its networking segment. Macom Technology Solutions' strong third-quarter earnings addressed investor concerns related to margin volatility, leading to a rebound in the fourth quarter.

LOWELL, Mass., May 07, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal second quarter ended April 3, 2026.

Second Quarter Fiscal Year 2026 GAAP Results

Revenue was $289.0 million, an increase of 22.5%, compared to $235.9 million in the previous year fiscal second quarter and an increase of 6.4% compared to $271.6 million in the prior fiscal quarter;Gross margin was 56.9%, compared to 55.2% in the previous year fiscal second quarter and 55.9% in the prior fiscal quarter;Income from operations was $50.8 million, or 17.6% of revenue, compared to income from operations of $34.9 million, or 14.8% of revenue, in the previous year fiscal second quarter and income from operations of $43.3 million, or 15.9% of revenue, in the prior fiscal quarter; andNet income was $46.3 million, or $0.60 per diluted share, compared to net income of $31.7 million, or $0.42 per diluted share, in the previous year fiscal second quarter, and net income of $48.8 million, or $0.64 per diluted share, in the prior fiscal quarter. Second Quarter Fiscal Year 2026 Adjusted Non-GAAP Results

Adjusted gross margin was 58.5%, compared to 57.5% in the previous year fiscal second quarter and 57.6% in the prior fiscal quarter;Adjusted income from operations was $80.5 million, or 27.8% of revenue, compared to adjusted income from operations of $59.8 million, or 25.4% of revenue, in the previous year fiscal second quarter and adjusted income from operations of $74.0 million, or 27.2% of revenue, in the prior fiscal quarter; andAdjusted net income was $84.3 million, or $1.09 per diluted share, compared to adjusted net income of $64.3 million, or $0.85 per diluted share, in the previous year fiscal second quarter and adjusted net income of $78.2 million, or $1.02 per diluted share, in the prior fiscal quarter. Management Commentary

“We are pleased with our first half fiscal year results and look forward to strong revenue growth and profitability in the second half,” said Stephen G. Daly, President and Chief Executive Officer, MACOM.

Business Outlook

For the fiscal third quarter ending July 3, 2026, MACOM expects revenue to be in the range of $331 million to $339 million. Adjusted gross margin is expected to be between 59.0% and 60.0%, and adjusted earnings per diluted share is expected to be between $1.31 and $1.37 utilizing an anticipated non-GAAP income tax rate of 3% and 78.5 million fully diluted shares outstanding.

Conference Call

MACOM will host a conference call on Thursday, May 7, 2026, at 8:30 a.m. Eastern Time to discuss its fiscal second quarter 2026 financial results and business outlook. Investors and analysts may visit MACOM's Investor Relations website at https://ir.macom.com/events-webcasts to register for a user-specific access code for the live call or to access the live webcast. A replay of the call will be available within 24 hours and remain accessible by all interested parties for approximately 90 days.

About MACOM

MACOM designs and manufactures high-performance semiconductor products for the Industrial and Defense, Data Center and Telecommunications industries. MACOM services over 6,000 customers annually with a broad product portfolio that incorporates RF, Microwave, Analog and Mixed Signal and Optical semiconductor technologies. MACOM has achieved certification to the IATF16949 automotive standard, the AS9100D aerospace standard, the ISO9001 international quality standard and the ISO14001 environmental management standard. MACOM operates facilities across the United States, Europe, Asia and is headquartered in Lowell, Massachusetts.

Special Note Regarding Forward-Looking Statements

This press release and the associated earnings call contains forward-looking statements. These forward-looking statements include, among others, statements about MACOM’s strategic plans, priorities and long-term growth drivers, our ability to execute our long-term strategy, strengthen our position and drive market share gains and growth, our ability to develop new products and differentiated solutions, achieve market acceptance of those products and solutions and better address certain markets, expand our capabilities and extend our product offerings, including through our fabrication facility execution and continued improvements, our team’s capabilities and technologies and expansion and growth thereof and any potential financial benefits derived by and financial impact to MACOM therefrom, strength and competitiveness of new product introductions and technology portfolio expansion, including the anticipated rate of new product introductions and technology licensing and transfer activities, anticipated demand for our products, including backlog levels and book-to-bill trends, MACOM’s profitability, revenue targets, gross margin and operating margin improvements, end-market-specific revenue growth expectations, prospects and growth opportunities in our three primary markets, including the anticipated timing of production programs and associated revenues, the potential impact to our business of an economic downturn or recession, anticipated financial and business performance improvements, expectations regarding cash flow from operations and capital expenditures, our anticipated non-GAAP income tax rate and the expected impact of recent tax legislation thereon, MACOM’s strategic investment and other plans, including investments and agreements intended to further strengthen our supply chain and support our revenue growth objectives, negotiation and finalization of a definitive agreement with, and receipt of, funding from the Federal and State governments, the estimated financial results for our 2026 fiscal third quarter and the stated business outlook and future results of operations.

These forward-looking statements reflect MACOM’s current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause those events or our actual activities or results to differ materially from those indicated by the forward-looking statements, including statements regarding our business outlook, strategic plans and priorities, expectations, anticipated drivers of future revenue growth, our plans for use of our cash and cash equivalents and short-term investments, interest rate and foreign currency risks, our ability to meet working capital requirements, estimates and objectives for future operations, our future results of operations and our financial position; and those other factors described in “Risk Factors” in MACOM’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other filings with the SEC. These forward-looking statements speak only as of the date of this press release, and MACOM undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Discussion Regarding the Use of Historical and Forward-Looking Non-GAAP Financial Measures

In addition to United States Generally Accepted Accounting Principles (“GAAP”) reporting, MACOM provides investors with financial measures that have not been calculated in accordance with GAAP, such as: non-GAAP gross profit and gross margin, non-GAAP operating expenses, non-GAAP income from operations and operating margin, non-GAAP EBITDA, non-GAAP net income, non-GAAP diluted earnings per share, non-GAAP diluted shares, non-GAAP income tax rate and non-GAAP interest income. In this release or elsewhere, we may alternatively refer to such non-GAAP measures as “adjusted” measures. This non-GAAP information excludes the effect, where applicable, of intangible amortization expense, share-based compensation expense, non-cash interest, net, acquisition and integration related costs, loss on debt extinguishment, and the tax effect of each non-GAAP adjustment.

Management believes these excluded items are not reflective of our underlying performance and uses these non-GAAP financial measures to: evaluate our ongoing operating performance and compare it against prior periods, make operating decisions, forecast future periods, evaluate potential acquisitions, compare our operating performance against peer companies and assess certain compensation programs. We believe this non-GAAP financial information provides additional insight into our ongoing performance and have therefore chosen to provide this information to investors to help them evaluate the results of our ongoing operations and enable more meaningful period-to-period comparisons. These non-GAAP measures are provided in addition to, and not as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP.

A reconciliation between GAAP and non-GAAP financial data is included in the supplemental financial data attached to this press release. We have not provided a reconciliation with respect to any forward-looking non-GAAP financial data presented because we do not have and cannot reliably estimate certain key inputs required to calculate the most comparable GAAP financial data, such as future acquisition costs, the possibility and impact of any litigation costs, changes in our GAAP effective tax rate and impairment charges. We believe these unknown inputs are likely to have a significant impact on any estimate of the comparable GAAP financial data.

Investors are cautioned against placing undue reliance on non-GAAP financial measures and are urged to review and consider carefully the adjustments made by management to the most directly comparable GAAP financial measures. Non-GAAP financial measures may have limited value as analytical tools because they may exclude certain expenses that some investors consider important in evaluating our operating performance or ongoing business performance. Further, non-GAAP financial measures may have limited value for purposes of drawing comparisons between companies because different companies may calculate similarly titled non-GAAP financial measures in different ways because non-GAAP measures are not based on any comprehensive set of accounting rules or principles.

Additional information and management’s assessment regarding why certain items are excluded from our non-GAAP measures are summarized below:

Amortization Expense – is related to acquired intangible assets which are based upon valuation methodologies and are generally amortized over the expected life of the intangible asset at the time of acquisition, which may result in amortization amounts that vary over time. This non-cash expense is not considered by management in making operating decisions.

Share-Based Compensation Expense – includes share-based compensation expense for awards that are equity and liability classified on our balance sheet and the related employer tax expense at vesting. Share-based compensation expense is partially outside of our control due to factors such as stock price volatility and interest rates, which may be unrelated to our operating performance during the period in which the expense is incurred. It is an expense based upon valuation methodologies and assumptions that vary over time, and the amount of the expense can vary significantly between companies. Share-based compensation expense amounts are not considered by management in making operating decisions.

Non-cash Interest, Net – includes amounts associated with the amortization of certain fees associated with the establishment or amendment of our convertible notes that are being amortized over the life of the agreements. We believe these amounts are non-cash in nature, are not correlated to future business operations and do not reflect our ongoing operations.

Acquisition and Integration Related Costs – includes items such as professional fees, employee severance and other costs incurred in connection with acquisitions and integration specific activities which are not expected to have a continuing contribution to operations and the amortization of the fair market step-up value of acquired inventory and fixed assets. We believe the exclusion of these items is useful in providing management a basis to evaluate ongoing operating activities and strategic decision making.

Loss on Debt Extinguishment – includes loss on exchange of our convertible notes. This fiscal year 2025 loss is primarily non-cash and we do not believe this amount is reflective of our ongoing operations.

Tax Effect of Non-GAAP Adjustments – includes adjustments to arrive at an estimate of our non-GAAP income tax rate associated with our non-GAAP income over a period of time. We determine our non-GAAP income tax rate using applicable rates in taxing jurisdictions and assessing certain factors including our historical and forecast earnings by jurisdiction, discrete items, cash taxes paid in relation to our non-GAAP net income before income taxes and our ability to realize tax assets. We generally assess this non-GAAP income tax rate quarterly and have utilized 3% for our first two fiscal quarters of fiscal year 2026 and for our fiscal year 2025. Our historical effective income tax rate under GAAP has varied significantly from our non-GAAP income tax rate due primarily to income taxed in foreign jurisdictions at generally lower tax rates, research and development tax credits and acquisition expenses. We believe it is beneficial for management to review our non-GAAP income tax rate on a consistent basis over periods of time. Items such as those noted above may have a significant impact on our GAAP income tax expense and associated effective tax rate over time.

Adjusted EBITDA – is a calculation that adds depreciation expense to our adjusted income from operations. Management reviews and utilizes this measure for operational analysis purposes. We believe competitors and others in the financial industry also utilize this measure for analysis purposes.

Incremental Shares – is the number of potential shares of common stock issuable upon the exercise of stock options, restricted stock, restricted stock units and conversion of convertible debt which were not included in the calculation of our GAAP diluted shares. We believe competitors and others in the financial industry utilize this non-GAAP measure for analysis purposes.

Company Contact:
MACOM Technology Solutions Holdings, Inc.
Stephen Ferranti
Senior Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]

    MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited and in thousands, except per share data)
     Three Months Ended Six Months Ended April 3, 2026
 January 3, 2026
 April 4, 2025
 April 3, 2026
 April 4, 2025
Revenue$288,955  $271,612  $235,887  $560,567  $454,009 Cost of revenue 124,522   119,833   105,731   244,355   206,744 Gross profit 164,433   151,779   130,156   316,212   247,265 Operating expenses:         Research and development 68,983   66,459   57,837   135,442   118,206 Selling, general and administrative 44,619   42,023   37,449   86,642   76,662 Total operating expenses 113,602   108,482   95,286   222,084   194,868 Income from operations 50,831   43,297   34,870   94,128   52,397 Other income (expense):         Interest income 7,759   7,990   7,239   15,749   14,239 Interest expense (1,667)  (1,698)  (1,179)  (3,365)  (2,545)Loss on extinguishment of debt —   —   —   —   (193,098)Total other income (expense) 6,092   6,292   6,060   12,384   (181,404)Income (loss) before income taxes 56,923   49,589   40,930   106,512   (129,007)Income tax expense 10,592   822   9,264   11,414   6,857 Net income (loss)$46,331  $48,767  $31,666  $95,098  $(135,864)          Net income (loss) per share:         Income (loss) per share - Basic$0.62  $0.65  $0.43  $1.27  $(1.85)Income (loss) per share - Diluted$0.60  $0.64  $0.42  $1.23  $(1.85)Weighted average common shares:         Shares - Basic 75,283   74,822   74,358   75,053   73,540 Shares - Diluted 77,555   76,718   75,741   77,137   73,540                      MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(unaudited andin thousands)
       April 3, 2026
 October 3, 2025
ASSETS     Current assets:     Cash and cash equivalents$98,521  $112,142 Short-term investments 566,337   673,833 Accounts receivable, net 159,599   148,646 Inventories 252,195   237,844 Prepaid and other current assets 49,398   32,623 Total current assets 1,126,050   1,205,088 Property and equipment, net 234,960   230,291 Goodwill and intangible assets, net 402,988   414,885 Deferred income taxes 201,956   207,999 Other long-term assets 48,623   45,097 Total assets$2,014,577  $2,103,360 LIABILITIES AND STOCKHOLDERS’ EQUITY     Current liabilities:     Short-term debt$—  $160,946 Accounts payable 62,131   67,588 Accrued liabilities 87,572   96,585 Total current liabilities 149,703   325,119 Finance lease obligations, less current portion 30,157   30,504 Financing obligation 36,713   37,014 Long-term debt obligations 340,186   339,630 Other long-term liabilities 40,061   43,998 Total liabilities 596,820   776,265 Stockholders’ equity 1,417,757   1,327,095 Total liabilities and stockholders’ equity$2,014,577  $2,103,360          MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited and in thousands)
   Six Months Ended April 3, 2026
 April 4, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:   Net income (loss)$95,098  $(135,864)Depreciation and intangible asset amortization 31,017   30,800 Share-based compensation 44,776   44,287 Deferred income taxes 6,649   (2,747)Loss on extinguishment of debt —   193,098 Other adjustments, net (1,954)  (2,351)Accounts receivable (10,954)  (24,724)Inventories (14,390)  (14,961)Accrued and other liabilities (9,058)  1,647 Change in other operating assets and liabilities (19,595)  16,161 Net cash provided by operating activities 121,589   105,346 CASH FLOWS FROM INVESTING ACTIVITIES:   Acquisition of business, net —   (12,684)Sales, purchases and maturities of investments 105,582   (132,976)Purchases of property and equipment (26,126)  (13,498)Purchases of software licenses and licensed technology (7,420)  (8,779)Other investing 1,480   804 Net cash provided by (used in) investing activities 73,516   (167,133)CASH FLOWS FROM FINANCING ACTIVITIES:   Proceeds from convertible notes —   86,629 Repayment of convertible notes (161,151)  — Payments for fee on convertible note exchange and debt issuance costs —   (23,126)Payments on finance leases and other financing activities (1,286)  (498)Proceeds from employee stock purchases 5,212   4,537 Common stock withheld for taxes on employee equity awards (51,475)  (41,260)Net cash (used in) provided by financing activities (208,700)  26,282 Foreign currency effect on cash (26)  (375)NET CHANGE IN CASH AND CASH EQUIVALENTS (13,621)  (35,880)CASH AND CASH EQUIVALENTS — Beginning of period 112,142   146,806 CASH AND CASH EQUIVALENTS — End of period$98,521  $110,926          MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC.
RECONCILIATIONS OF GAAP TO NON-GAAP RESULTS
(unaudited and in thousands, except per share data)
    Three Months Ended
Six Months Ended
 April 3, 2026
January 3, 2026
April 4, 2025
April 3, 2026
April 4, 2025
 Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Gross profit - GAAP$164,433 56.9 $151,779 55.9 $130,156 55.2 $316,212 56.4 $247,265 54.5 Amortization expense 1,623 0.6  1,621 0.6  3,343 1.4  3,244 0.6  6,675 1.5 Share-based compensation expense 2,716 0.9  2,794 1.0  1,765 0.7  5,510 1.0  5,263 1.2 Acquisition and integration related costs 269 0.1  278 0.1  356 0.2  547 0.1  1,750 0.4 Adjusted gross profit (Non-GAAP)$169,041 58.5 $156,472 57.6 $135,620 57.5 $325,513 58.1 $260,953 57.5   Three Months EndedSix Months Ended April 3, 2026January 3, 2026April 4, 2025April 3, 2026April 4, 2025 Amount% RevenueAmount% RevenueAmount% RevenueAmount% RevenueAmount% RevenueOperating expenses - GAAP$113,602 39.3 $108,482 39.9 $95,286 40.4 $222,084 39.6 $194,868 42.9 Amortization expense (1,713)(0.6) (1,849)(0.7) (1,617)(0.7) (3,562)(0.6) (4,794)(1.1)Share-based compensation expense (21,905)(7.6) (23,835)(8.8) (17,331)(7.3) (45,740)(8.2) (43,220)(9.5)Acquisition and integration related costs (1,395)(0.5) (299)(0.1) (522)(0.2) (1,694)(0.3) (1,127)(0.2)Adjusted operating expenses (Non-GAAP)$88,589 30.7 $82,499 30.4 $75,816 32.1 $171,088 30.5 $145,727 32.1   Three Months Ended
Six Months Ended
 April 3, 2026
January 3, 2026
April 4, 2025
April 3, 2026
April 4, 2025
 Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Amount
% Revenue
Income from operations - GAAP$50,831 17.6 $43,297 15.9 $34,870 14.8 $94,128 16.8 $52,397 11.5 Amortization expense 3,336 1.2  3,470 1.3  4,960 2.1  6,806 1.2  11,469 2.5 Share-based compensation expense 24,621 8.5  26,629 9.8  19,096 8.1  51,250 9.1  48,483 10.7 Acquisition and integration related costs 1,664 0.6  577 0.2  878 0.4  2,241 0.4  2,877 0.6 Adjusted income from operations (Non-GAAP)$80,452 27.8 $73,973 27.2 $59,804 25.4 $154,425 27.5 $115,226 25.4                      Depreciation expense 9,013 3.1  8,656 3.2  6,803 2.9  17,669 3.2  13,543 3.0 Adjusted EBITDA (Non-GAAP)$89,465 31.0 $82,629 30.4 $66,607 28.2 $172,094 30.7 $128,769 28.4   Three Months Ended
Six Months Ended April 3, 2026
January 3, 2026April 4, 2025
April 3, 2026
April 4, 2025 Amount
% Revenue
Amount% RevenueAmount
% Revenue
Amount
% Revenue
Amount% RevenueNet income (loss) - GAAP$46,331 16.0 $48,767 18.0 $31,666 13.4 $95,098 17.0 $(135,864)(29.9)Amortization expense 3,336 1.2  3,470 1.3  4,960 2.1  6,806 1.2  11,469 2.5 Share-based compensation expense 24,621 8.5  26,629 9.8  19,096 8.1  51,250 9.1  48,483 10.7 Non-cash interest, net 380 0.1  381 0.1  380 0.2  761 0.1  687 0.2 Acquisition and integration related costs 1,664 0.6  577 0.2  878 0.4  2,241 0.4  2,877 0.6 Loss on debt extinguishment — —  — —  — —  — —  193,098 42.5 Tax effect of non-GAAP adjustments 7,984 2.8  (1,597)(0.6) 7,276 3.1  6,387 1.1  3,029 0.7 Adjusted net income (Non-GAAP)$84,316 29.2 $78,227 28.8 $64,256 27.2 $162,543 29.0 $123,779 27.3   Three Months Ended
Six Months Ended April 3, 2026
January 3, 2026
April 4, 2025
April 3, 2026
April 4, 2025 Net income
Income per diluted share
Net income
Income per diluted share
Net income
Income per diluted share
Net income (loss)
Income (loss) per diluted share
Net incomeIncome per diluted shareNet income (loss) - GAAP diluted$46,331 $0.60 $48,767 $0.64 $31,666 $0.42 $95,098 $1.23 $(135,864)$(1.85)                   Adjusted net income (Non-GAAP)$84,316 $1.09 $78,227 $1.02 $64,256 $0.85 $162,543 $2.11 $123,779 $1.64   Three Months EndedSix Months Ended April 3, 2026January 3, 2026April 4, 2025April 3, 2026April 4, 2025 Shares
 Shares
 Shares
 Shares
 Shares
 Diluted shares - GAAP77,555  76,718  75,741  77,137  73,540  Incremental shares—  —  —  —  2,127  Adjusted diluted shares (Non-GAAP)77,555  76,718  75,741  77,137  75,667    Three Months EndedSix Months Ended April 3, 2026January 3, 2026April 4, 2025April 3, 2026April 4, 2025 Amount% RevenueAmount% RevenueAmount% RevenueAmount% RevenueAmount% RevenueInterest income - GAAP$7,759 2.7 $7,990 2.9 $7,239 3.1 $15,749 2.8 $14,239 3.1 Interest expense - GAAP (1,667)(0.6) (1,698)(0.6) (1,179)(0.5) (3,365)(0.6) (2,545)(0.6)Non-cash interest expense 380 0.1  381 0.1  380 0.2  761 0.1  687 0.2 Adjusted interest income (Non-GAAP)$6,472 2.2 $6,673 2.5 $6,440 2.7 $13,145 2.3 $12,381 2.7                           

Key Takeaways MTSI reported Q2 EPS of $1.07, up 28.2% Y/Y, while revenues rose 22.5% to $289M.MACOM Technology's operating margin expanded by 240 basis points to 27.8%. MTSI guided Q3 revenues of $331-$339M and EPS of $1.31-$1.37, pointing to continued growth momentum. MACOM Technology Solutions Holdings, Inc. (MTSI - Free Report) reported second-quarter fiscal 2026 earnings of $1.09 per share, which beat the Zacks Consensus Estimate of $1.07. The bottom line grew 28.2% year over year.

MACOM Technology’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 1.8%.

MTSI posted revenues of $289 million in the second quarter of fiscal 2026, surpassing the Zacks Consensus Estimate by 1.4%. The top line increased 22.5% year over year.

MTSI Operating DetailsFor the second quarter of fiscal 2026, MACOM’s adjusted gross margin was 58.5% compared with 57.5% in the prior-year quarter. Adjusted operating income came in at $80.5 million, up from $59.8 million reported in the year-ago period. As a percentage of revenues, the adjusted operating income came in at 27.8%, up 240 basis points from the year-ago quarter.

Non-GAAP operating expenses were $88.6 million, up 16.8% year over year. As a percentage of revenues, non-GAAP operating expenses came in at 30.7%, contracting 140 basis points from the prior-year period.

MTSI’s Balance Sheet and Cash FlowAs of April 3, 2026, cash equivalents and short-term investments totaled $664.9 million, down from $768.5 million in the prior quarter.

Long-term debt was $340.2 million compared with $339.9 million in the previous quarter.

For the second quarter of fiscal 2026, MTSI’s net cash flows from operating activities came in at $78.7 million. In the first half of fiscal 2026, MTSI’s operating cash flow totaled $121.6 million.

MTSI’s Guidance for Q3 FY26For the third quarter of fiscal 2026, MACOM Technology expects revenues between $331 million and $339 million. The Zacks Consensus Estimate for third-quarter fiscal 2026 revenues is pegged at $297.3 million, indicating year-over-year growth of 17.9%.

The company anticipates adjusted earnings per share between $1.31 and $1.37. The Zacks Consensus Estimate for earnings is pinned at $1.12 per share, indicating growth of 24.4% year over year.

Zacks Rank & Stocks to ConsiderCurrently, MTSI carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader Zacks Computer and Technology sector are Arista Networks (ANET - Free Report) , Advanced Energy (AEIS - Free Report) and Amphenol (APH - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of Arista Networks have gained 12.3% year to date. The Zacks Consensus Estimate for ANET’s 2026 earnings is pegged at $3.54 per share, up by a penny over the past 30 days, indicating an increase of 18.8% year over year.

Shares of Advanced Energy have surged 72.3% year to date. The Zacks Consensus Estimate for AEIS’ 2026 earnings is pegged at $8.37 per share, up by 5 cents over the past seven days, indicating a rise of 30.6% year over year.

Amphenol shares have jumped 2.5% year to date. The Zacks Consensus Estimate for APH’s 2026 earnings is pegged at $4.76 per share, up by 11% over the past seven days, indicating an increase of 42.5% year over year.

For the quarter ended March 2026, M/A-Com (MTSI - Free Report) reported revenue of $288.96 million, up 22.5% over the same period last year. EPS came in at $1.09, compared to $0.85 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $285.1 million, representing a surprise of +1.35%. The company delivered an EPS surprise of +2%, with the consensus EPS estimate being $1.07.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how M/A-Com performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue by Primary Markets- Telecom: $70.12 million versus the four-analyst average estimate of $69.84 million. The reported number represents a year-over-year change of +7.6%.Revenue by Primary Markets- Industrial & Defense: $120.65 million versus the four-analyst average estimate of $119.48 million. The reported number represents a year-over-year change of +22.4%.Revenue by Primary Markets- Data Center: $98.19 million versus $95.84 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +36% change.View all Key Company Metrics for M/A-Com here>>>

Shares of M/A-Com have returned +25.4% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Have you looked into how M/A-Com (MTSI - Free Report) performed internationally during the quarter ending March 2026? Considering the widespread global presence of this chipmaker, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.

In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For investors, understanding a company's reliance on overseas markets has become increasingly crucial, as it offers insights into the company's sustainability of earnings, ability to tap into diverse economic cycles and overall growth potential.

Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.

Upon examining MTSI's recent quarterly performance, we noticed several interesting patterns in the revenue generated from its international segments, which are commonly analyzed and observed by Wall Street experts.

The company's total revenue for the quarter stood at $288.95 million, increasing 22.5% year over year. Now, let's delve into MTSI's international revenue breakdown to gain insights into the significance of its operations beyond home turf.

A Closer Look at MTSI's Revenue Streams AbroadDuring the quarter, Other Countries contributed $42.32 million in revenue, making up 14.7% of the total revenue. When compared to the consensus estimate of $42.86 million, this meant a surprise of -1.26%. Looking back, Other Countries contributed $32 million, or 11.8%, in the previous quarter, and $37.66 million, or 16%, in the same quarter of the previous year.

Asia Pacific (excluding China) accounted for 11.6% of the company's total revenue during the quarter, translating to $33.45 million. Revenues from this region represented a surprise of -1.26%, with Wall Street analysts collectively expecting $33.88 million. When compared to the preceding quarter and the same quarter in the previous year, Asia Pacific (excluding China) contributed $30.55 million (11.3%) and $26.4 million (11.2%) to the total revenue, respectively.

China generated $99.18 million in revenues for the company in the last quarter, constituting 34.3% of the total. This represented a surprise of +19.93% compared to the $82.7 million projected by Wall Street analysts. Comparatively, in the previous quarter, China accounted for $85.22 million (31.4%), and in the year-ago quarter, it contributed $63.85 million (27.1%) to the total revenue.

International Revenue PredictionsFor the current fiscal quarter, it is anticipated by Wall Street analysts that M/A-Com will post revenues of $335.2 million, which reflects an increase of 33% the same quarter in the previous year. The revenue contributions are expected to be 12.8% from Other Countries ($42.8 million), 10.4% from Asia Pacific (excluding China) ($34.86 million) and 25.4% from China ($85.28 million).

For the full year, the company is expected to generate $1.24 billion in total revenue, up 27.9% from the previous year. Revenues from Other Countries, Asia Pacific (excluding China) and China are expected to constitute 12.9% ($159.56 million), 11% ($135.85 million) and 27.7% ($343.01 million) of the total, respectively.

In ConclusionRelying on international markets for revenues, M/A-Com faces both prospects and perils. Thus, tracking the company's international revenue trends is essential for accurately projecting its future trajectory.

In an era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay keen attention to these developments to fine-tune their earnings estimations for businesses operating across borders. It's important to note, however, that a range of additional variables, like a company's local market status, also play a crucial role in shaping these forecasts.

At Zacks, a company's changing earnings outlook is given considerable attention due to its proven, strong influence on a stock's price performance in the near term. The connection here is straightforward and positive: when earnings estimates are revised upward, the stock price generally follows suit, increasing as well.

The Zacks Rank, our proprietary stock rating mechanism, demonstrates a notable performance history confirmed through external audits. It effectively utilizes the power of earnings estimate revisions to act as a predictor of a stock's price performance in the near term.

M/A-Com currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

A Review of M/A-Com's Recent Stock Market PerformanceOver the past month, the stock has gained 38.8% versus the Zacks S&P 500 composite's 8.8% increase. The Zacks Computer and Technology sector, of which M/A-Com is a part, has risen 18% over the same period. The company's shares have increased 49.9% over the past three months compared to the S&P 500's 7.1% increase. Over the same period, the sector has risen 16.6%

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at M/A-Com (MTSI - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. M/A-Com currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if MTSI is a promising momentum pick, let's examine some Momentum Style elements to see if this chipmaker holds up.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For MTSI, shares are up 26.64% over the past week while the Zacks Semiconductor - Analog and Mixed industry is up 5.1% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 46.72% compares favorably with the industry's 37.55% performance as well.

Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of M/A-Com have increased 58.13% over the past quarter, and have gained 213.03% in the last year. In comparison, the S&P 500 has only moved 10.02% and 28.69%, respectively.

Investors should also take note of MTSI's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now MTSI is averaging 1,329,855 shares for the last 20 days..

Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with MTSI.

Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost MTSI's consensus estimate, increasing from $4.40 to $4.58 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineTaking into account all of these elements, it should come as no surprise that MTSI is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep M/A-Com on your short list.

Image: Bigstock

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Key Takeaways U.S. stocks hit record highs as a tech rally and renewed AI trade enthusiasm powered May.Cimpress rose 122.7% in a year, dipped 3.7% in a week, and carries a Momentum Score of B.Lumentum surged 1082.8% in a year, slid 9.7% in a week, and holds a Momentum Score of B. As the U.S.-Iran ceasefire got a fresh lease of life with a 60-day memorandum of understanding, the broader U.S. equity markets scripted record highs driven by a tech rally. Leading benchmark indices hit all-time highs amid renewed enthusiasm in the artificial Intelligence (AI) trade. Despite the latent threat of inflation, tech stocks spurred an unprecedented market rally in May. Oil prices were quick to retreat as both the warring parties sought an amicable solution to the free passage in the Strait of Hormuz.

However, investors await the nonfarm payrolls report for further cues into the health of the labor market and the Federal Reserve policy to gauge an idea of the future stock market direction. Amid the vagaries of the market, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks, like Cimpress plc (CMPR - Free Report) , MACOM Technology Solutions Holdings, Inc. (MTSI - Free Report) and Lumentum Holdings Inc. (LITE - Free Report) when value or growth investing fails to generate the desired profits.

This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. Momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.

Momentum strategies have been known to be alpha-generative over a long period and across market stages. Therefore, this strategy is quite tricky to implement, as detecting these trends is not easy. Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from long-term price momentum and a short-term pullback in price.

Screening Parameters for Momentum Anomaly StocksPercentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get the best stocks that have appreciated steadily over the past year.

Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period. This parameter picks the ones that have witnessed a short-term pullback in price.

Zacks Rank #1: Stocks sporting a Zacks Rank #1 (Strong Buy) have a proven history of outperformance irrespective of the market conditions. You can see the complete list of today’s Zacks #1 Rank stocks here.

Momentum Style Score of B or Better: A top Momentum Style Score knocks out a lot of the screening process, as it takes into account several factors that include volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), handily outperform other stocks.

Current Price Greater Than $5: The stocks must all be trading at a minimum of $5.

Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure the stability of price.

Average 20-Day Volume Greater Than 100,000: A substantial trading volume ensures that these stocks are easily tradable.

Here are three of the eight stocks that made it through this screen:

Based in Dundalk, Ireland, Cimpress is an online supplier of high-quality graphic design services and customized printed products to small businesses and consumers. Its product offerings include business cards, brochures and websites, and e-commerce platforms, calendars, address labels, note pads and signage, among others.

The stock has soared 122.7% over the past year but lost 3.7% over the past week. Cimpress has a Momentum Score of B.

Based in Lowell, MA, MACOM is a provider of power analog semiconductor solutions to varied markets. The company develops and produces analog radio frequency, microwave and millimeter wave semiconductor devices, and components for applications in optical, wireless and satellite networks.

The stock has surged 199.8% over the past year but lost 5.5% over the past week. MACOM has a Momentum Score of A.

Headquartered in San Jose, CA, Lumentum is a provider of optical and photonic products serving cloud, AI/machine learning, telecommunications, consumer and industrial end markets. The company’s portfolio spans semiconductor laser chips and sub-assemblies, wavelength management systems, optical modules, optical circuit switches and industrial lasers used in precision materials processing.

The stock has surged 1082.8% in the past year but declined 9.7% in the past week. Lumentum has a Momentum Score of B.

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Published in artificial-intelligence business-services iot semiconductor tech-stocks

LOWELL, Mass., June 05, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, today announced new additions to its RF and optical portfolio, designed to meet the evolving needs of the satellite communications (SATCOM) industry. These solutions will be demonstrated in MACOM’s Booth #17035 at the upcoming International Microwave Symposium (IMS 2026) on June 9 to 11, 2026, in Boston, MA.

High Power L- and S-Band Direct-to-Device (D2D) Transmit/Receive Solution
MACOM will demonstrate a transmit and receive solution tailored for direct-to-device (D2D) SATCOM payloads. The transmit lineup includes a driver amplifier and a power amplifier, designed to deliver up to 1 W average output power, 45 dB gain and over 40% efficiency. On the receive side, low noise amplification and integrated bypass capability help maximize sensitivity while maintaining power efficiency. These solutions leverage MACOM’s GaAs and GaN technologies to enable wide bandwidth operation and optimized signal chain performance.

K-/Ka-Band Uplink/Downlink Chain
This demonstration features a novel thermal compensation attenuator with K- and Ka-Band amplifiers supporting a K- and Ka-Band signal chain. Designed to minimize gain variation over temperature, this solution can improve performance consistency in dynamic environments while simplifying overall system design.

W-Band Product Demonstration
This demonstration showcases a 24 dBm power amplifier operating from 80 to 100 GHz and a low noise amplifier operating across 75 to 100 GHz delivering 2.8 dB noise figure with 23 dB gain.

Linearized Q-Band Power Amplifier
MACOM will demonstrate a linearized Q-Band GaN MMIC power amplifier that can significantly improve linear output power and efficiency using advanced analog linearization techniques. This approach supports higher data rates while helping reduce overall power dissipation, addressing the demands of next generation SATCOM.

Free Space Optical (FSO) and RFoF
MACOM will also showcase a range of components supporting both FSO and fiber-based links. Highlights include optical SATCOM transport architectures for ground-to-ground, ground-to-satellite and satellite-to-satellite communications, presented through hardware, components and system diagrams.

About MACOM

MACOM designs and manufactures semiconductor products for telecommunications, industrial and defense and data center applications. Headquartered in Lowell, Massachusetts, MACOM has design centers and sales offices throughout North America, Europe and Asia. MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. To learn more, visit https://www.macom.com/.

Company Contact:
MACOM Technology Solutions Inc.
Stephen Ferranti
Sr. Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]

LOWELL, Mass., June 09, 2026 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Inc. (“MACOM”), a leading supplier of semiconductor products, and Elve, Inc., an innovative traveling wave tube amplifier (TWTA) designer and manufacturer, will jointly demonstrate how their technologies can be combined to enhance performance and efficiency in microwave transmitter systems in MACOM’s Booth #17035 at the International Microwave Symposium (IMS 2026) on June 9 to 11, 2026, in Boston, MA.

The joint demonstration will combine MACOM’s analog predistortion (APD) linearization technology with Elve’s TWTA platform, highlighting a complementary approach to improving linear power performance and efficiency in high-frequency systems operating at V-Band. The demonstration is designed to showcase how these technologies can work together to address evolving system requirements across a range of applications, including ground and space-based platforms.

“By pairing MACOM’s linearization capabilities with Elve’s high-power amplification, we’re demonstrating a practical approach to improving system efficiency and linear performance in mmWave applications,” said Stephen G. Daly, President and Chief Executive Officer, MACOM.

“Elve is excited to collaborate with MACOM on this IMS demonstration. Bringing together our respective technologies allows us to enhance TWTA performance,” said Dr. Diana Gamzina, Founder and Chief Executive Officer, Elve.

The collaboration is centered on exploring how advanced linearization and high power amplification techniques can be effectively integrated, offering a closer look at system-level benefits such as improved usable output power and more efficient operation.

About Elve

Elve is a Davis, California-based deep tech innovator specializing in the manufacturing of millimeter-wave (mmWave) power amplifiers at scale. Founded in 2020, the company’s team of over 50 experts focuses on unlocking access to mmWave power in critical systems that connect, energize, defend, and inform global infrastructure.

About MACOM

MACOM designs and manufactures semiconductor products for telecommunications, industrial and defense and data center applications. Headquartered in Lowell, Massachusetts, MACOM has design centers and sales offices throughout North America, Europe and Asia. MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. To learn more, visit https://www.macom.com/.

Company Contact:
MACOM Technology Solutions Inc.
Stephen Ferranti
Sr. Vice President, Corporate Development and Investor Relations
P: 978-656-2977
E: [email protected]

Posted by Defense World Staff on Apr 6th, 2026

Capital Management Associates Inc lifted its stake in shares of Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 93.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,058 shares of the restaurant operator’s stock after buying an additional 3,413 shares during the quarter. Capital Management Associates Inc’s holdings in Darden Restaurants were worth $1,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC bought a new stake in Darden Restaurants during the 2nd quarter valued at approximately $26,000. Quent Capital LLC bought a new position in shares of Darden Restaurants in the 3rd quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Darden Restaurants by 926.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 154 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 139 shares during the period. Ameriflex Group Inc. bought a new stake in shares of Darden Restaurants during the third quarter valued at approximately $35,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of Darden Restaurants during the third quarter valued at approximately $39,000. 93.64% of the stock is owned by institutional investors.

Insider Transactions at Darden Restaurants In related news, SVP Susan M. Connelly sold 2,635 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $207.36, for a total value of $546,393.60. Following the transaction, the senior vice president owned 4,098 shares of the company’s stock, valued at approximately $849,761.28. This trade represents a 39.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Rajesh Vennam sold 6,774 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $214.12, for a total transaction of $1,450,448.88. Following the sale, the chief financial officer owned 9,040 shares of the company’s stock, valued at $1,935,644.80. This trade represents a 42.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 18,770 shares of company stock valued at $3,948,970. Company insiders own 0.49% of the company’s stock.

Darden Restaurants Trading Up 0.0% Shares of DRI stock opened at $196.35 on Monday. The company has a current ratio of 0.39, a quick ratio of 0.26 and a debt-to-equity ratio of 1.02. Darden Restaurants, Inc. has a 12-month low of $169.00 and a 12-month high of $228.27. The stock has a market capitalization of $22.49 billion, a P/E ratio of 20.78, a P/E/G ratio of 1.86 and a beta of 0.64. The firm’s 50 day moving average is $205.51 and its 200 day moving average is $193.44.

Darden Restaurants (NYSE:DRI – Get Free Report) last released its quarterly earnings results on Thursday, March 19th. The restaurant operator reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.94 by $0.01. The firm had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The company’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.80 EPS. Research analysts expect that Darden Restaurants, Inc. will post 9.52 earnings per share for the current year.

Darden Restaurants Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, April 10th. Darden Restaurants’s dividend payout ratio (DPR) is presently 63.49%.

Analysts Set New Price Targets A number of equities analysts have issued reports on DRI shares. Weiss Ratings upgraded Darden Restaurants from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 12th. BMO Capital Markets upped their target price on shares of Darden Restaurants from $205.00 to $220.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 6th. Bank of America increased their price target on shares of Darden Restaurants from $261.00 to $262.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Citigroup lifted their price target on shares of Darden Restaurants from $235.00 to $238.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Finally, Evercore restated an “outperform” rating on shares of Darden Restaurants in a report on Friday, December 19th. Eighteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $226.24.

View Our Latest Report on Darden Restaurants

Darden Restaurants Profile (Free Report)

Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.

Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.

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Key Takeaways DRI trades below industry P/E despite steady performance and defensive appeal versus peers.Darden's 4.2% comps growth is driven by strong traffic, guest gains and value-focused innovation.Higher beef costs, pricing lag and brand rationalization weigh on margins and near-term outlook. Darden Restaurants, Inc. (DRI - Free Report) is trading at a valuation that may catch investors’ attention. The stock currently carries a forward 12-month price-to-earnings (P/E) ratio of 17.06, notably below the restaurant industry average of 23.77. This discount suggests that the market is taking a measured view of the company, despite its strong brand portfolio and scale.

P/E (F12M)
Image Source: Zacks Investment Research

Looking at performance, Darden’s shares have shown relative resilience. Over the past six months, the stock has gained 2.9%, slightly trailing the broader restaurant industry’s 3.1% increase. It has also lagged the S&P 500’s 3.7% rally, indicating that investors have been favoring higher-growth opportunities.

Within the peer group, performance has been mixed. Domino's Pizza, Inc. (DPZ - Free Report) and Chipotle Mexican Grill (CMG - Free Report) have seen their shares decline 13.7% and 19%, respectively, while Restaurant Brands International (QSR - Free Report) has posted a gain of 11.2%. Against this backdrop, Darden’s steadier performance highlights its defensive appeal, even as the stock remains modestly undervalued.

Price Performance
Image Source: Zacks Investment Research

Factors Supporting Darden StockDarden’s recent performance highlights strong underlying momentum, driven primarily by consistent same-restaurant sales growth and clear outperformance compared with the broader industry. The company delivered 4.2% comps, significantly ahead of industry benchmarks, with all major segments contributing positively. This strength reflects solid execution across brands, supported by improved guest satisfaction and steady traffic trends. Importantly, both increased customer frequency and new guest additions are contributing to growth, indicating that demand is broad-based rather than dependent on a single lever.

Another key tailwind is Darden’s focus on value-driven innovation and operational discipline. Initiatives like Olive Garden’s lighter portion menu and promotional offerings are resonating well with customers, driving higher visit frequency and improved value perception. At the same time, brands like LongHorn Steakhouse continue to benefit from strong positioning around quality and affordability, especially as consumers seek better value compared with grocery alternatives. These efforts, combined with effective marketing and menu optimization, are helping the company maintain traffic even in a competitive environment.

Additionally, Darden’s operational efficiency and cost management provide a strong foundation for earnings growth. Labor productivity is improving due to lower employee turnover and better retention, which reduces hiring and training costs while enhancing service quality. The company is also benefiting from scale advantages, supply-chain capabilities and disciplined capital allocation, including steady shareholder returns through dividends and buybacks. With pricing flexibility still available after years of underpricing inflation, Darden is well positioned to protect margins while continuing to invest in growth.

Factors Weighing on Darden StockOn the flip side, margin pressures remain a concern. Elevated commodity costs, particularly beef inflation, have increased food and beverage expenses, while pricing has lagged inflation for much of the year. This mismatch has weighed on restaurant-level margins, even as the company continues to invest in value offerings and marketing. Although pricing is expected to catch up, near-term profitability remains exposed to cost volatility.

Additionally, external factors and operational disruptions pose risks. Weather-related impacts temporarily affected sales and broader macro uncertainty has led management to maintain a cautious outlook. The company is also rationalizing underperforming brands, including closing and converting Bahama Breeze locations, which highlights portfolio challenges. While these actions may strengthen the business long term, they reflect near-term headwinds that could limit upside despite strong operating fundamentals.

DRI’s Growth Projection EncouragesOver the past 30 days, the Zacks Consensus Estimate for earnings per share for fiscal 2026 and 2027 has increased 3 cents to $10.61 and decreased 3 cents to $11.38, respectively. The Zacks Consensus Estimate for DRI’s fiscal 2026 and 2027 earnings per share indicates year-over-year increases of 11.1% and 7.3%, respectively. 
 

Image Source: Zacks Investment Research

The consensus estimate for revenues is pegged at $13.21 billion and $13.69 billion for fiscal 2026 and 2027, respectively, implying year-over-year improvements of 9.4% and 3.7%.

Wrapping upDarden remains a stable and well-executed business, supported by steady demand, strong brand positioning and effective cost management, making it suitable for investors to hold. The company continues to benefit from consistent traffic, value-driven offerings and operational efficiency.

However, despite its discounted valuation, near-term margin pressures from higher input costs and some macro uncertainty limit upside potential. As a result, existing investors can stay invested for steady growth and returns, while new investors may wait for a more attractive entry point.

DRI currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Choreo LLC trimmed its holdings in Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 25.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,417 shares of the restaurant operator’s stock after selling 4,606 shares during the quarter. Choreo LLC’s holdings in Darden Restaurants were worth $2,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Capital World Investors lifted its stake in shares of Darden Restaurants by 1.6% in the 3rd quarter. Capital World Investors now owns 14,839,198 shares of the restaurant operator’s stock valued at $2,824,996,000 after purchasing an additional 236,620 shares during the period. Wellington Management Group LLP lifted its stake in shares of Darden Restaurants by 32.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,463,786 shares of the restaurant operator’s stock valued at $849,726,000 after purchasing an additional 1,102,211 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Darden Restaurants by 78.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,666,919 shares of the restaurant operator’s stock valued at $507,675,000 after purchasing an additional 1,171,890 shares during the period. Capital International Investors lifted its stake in shares of Darden Restaurants by 1.1% in the 3rd quarter. Capital International Investors now owns 1,904,022 shares of the restaurant operator’s stock valued at $362,848,000 after purchasing an additional 19,819 shares during the period. Finally, AQR Capital Management LLC lifted its stake in shares of Darden Restaurants by 239.4% in the 2nd quarter. AQR Capital Management LLC now owns 722,529 shares of the restaurant operator’s stock valued at $157,490,000 after purchasing an additional 509,655 shares during the period. 93.64% of the stock is owned by institutional investors and hedge funds.

Darden Restaurants Stock Down 0.5% DRI stock opened at $191.38 on Tuesday. The stock’s 50 day simple moving average is $204.96 and its 200 day simple moving average is $193.71. Darden Restaurants, Inc. has a fifty-two week low of $169.00 and a fifty-two week high of $228.27. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.25 and a current ratio of 0.39. The company has a market cap of $21.92 billion, a P/E ratio of 20.25, a price-to-earnings-growth ratio of 1.82 and a beta of 0.64.

Darden Restaurants (NYSE:DRI – Get Free Report) last posted its quarterly earnings results on Thursday, March 19th. The restaurant operator reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.94 by $0.01. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.33 billion. During the same period in the prior year, the business earned $2.80 EPS. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. On average, research analysts expect that Darden Restaurants, Inc. will post 9.52 earnings per share for the current fiscal year.

Darden Restaurants Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, April 10th. Darden Restaurants’s payout ratio is currently 63.49%.

Analyst Ratings Changes A number of research analysts have recently issued reports on DRI shares. BMO Capital Markets boosted their price objective on Darden Restaurants from $205.00 to $220.00 and gave the company a “market perform” rating in a research note on Tuesday, January 6th. Melius Research raised Darden Restaurants from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Stephens upped their price target on Darden Restaurants from $205.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, March 20th. Wells Fargo & Company upped their price target on Darden Restaurants from $200.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, March 20th. Finally, Citigroup upped their price target on Darden Restaurants from $235.00 to $238.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. Eighteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.24.

Get Our Latest Stock Report on Darden Restaurants

Insider Buying and Selling In other Darden Restaurants news, CFO Rajesh Vennam sold 6,774 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $214.12, for a total transaction of $1,450,448.88. Following the completion of the sale, the chief financial officer directly owned 9,040 shares of the company’s stock, valued at approximately $1,935,644.80. The trade was a 42.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John W. Wilkerson sold 2,258 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $213.00, for a total value of $480,954.00. Following the sale, the insider directly owned 17,784 shares of the company’s stock, valued at $3,787,992. This represents a 11.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 11,967 shares of company stock valued at $2,536,092. Company insiders own 0.49% of the company’s stock.

Darden Restaurants Company Profile (Free Report)

Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.

Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.

Featured Stories Five stocks we like better than Darden Restaurants Want to see what other hedge funds are holding DRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Darden Restaurants, Inc. (NYSE:DRI – Free Report).

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Posted by Defense World Staff on Apr 19th, 2026

Atlantic Edge Private Wealth Management LLC trimmed its position in Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 25.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,705 shares of the restaurant operator’s stock after selling 2,931 shares during the quarter. Atlantic Edge Private Wealth Management LLC’s holdings in Darden Restaurants were worth $1,602,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DRI. JPMorgan Chase & Co. boosted its stake in Darden Restaurants by 78.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,666,919 shares of the restaurant operator’s stock worth $507,675,000 after purchasing an additional 1,171,890 shares during the period. Wellington Management Group LLP boosted its stake in Darden Restaurants by 32.8% in the 3rd quarter. Wellington Management Group LLP now owns 4,463,786 shares of the restaurant operator’s stock worth $849,726,000 after purchasing an additional 1,102,211 shares during the period. AQR Capital Management LLC boosted its stake in Darden Restaurants by 239.4% in the 2nd quarter. AQR Capital Management LLC now owns 722,529 shares of the restaurant operator’s stock worth $157,490,000 after purchasing an additional 509,655 shares during the period. Rakuten Investment Management Inc. bought a new position in Darden Restaurants in the 3rd quarter worth approximately $57,948,000. Finally, Capital World Investors boosted its stake in Darden Restaurants by 1.6% in the 3rd quarter. Capital World Investors now owns 14,839,198 shares of the restaurant operator’s stock worth $2,824,996,000 after purchasing an additional 236,620 shares during the period. 93.64% of the stock is owned by hedge funds and other institutional investors.

Darden Restaurants Stock Up 2.3% NYSE DRI opened at $201.12 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.25 and a current ratio of 0.39. The company has a market capitalization of $23.04 billion, a P/E ratio of 21.28, a P/E/G ratio of 1.86 and a beta of 0.64. Darden Restaurants, Inc. has a one year low of $169.00 and a one year high of $228.27. The stock has a 50 day moving average price of $203.93 and a 200-day moving average price of $193.93.

Darden Restaurants (NYSE:DRI – Get Free Report) last posted its earnings results on Thursday, March 19th. The restaurant operator reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $2.94 by $0.01. The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.33 billion. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.80 EPS. As a group, equities analysts predict that Darden Restaurants, Inc. will post 9.52 EPS for the current fiscal year.

Darden Restaurants Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, April 10th. Darden Restaurants’s dividend payout ratio is currently 63.49%.

Analyst Upgrades and Downgrades Several research analysts have weighed in on the company. Robert W. Baird upped their price target on Darden Restaurants from $208.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday, March 20th. UBS Group restated a “buy” rating and issued a $230.00 price target on shares of Darden Restaurants in a research note on Tuesday, March 10th. Sanford C. Bernstein restated an “outperform” rating on shares of Darden Restaurants in a research note on Friday, March 13th. BTIG Research restated a “buy” rating and issued a $225.00 price target on shares of Darden Restaurants in a research note on Friday, March 20th. Finally, Barclays upped their price target on Darden Restaurants from $227.00 to $232.00 and gave the stock an “overweight” rating in a research note on Friday, March 20th. Eighteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $226.24.

Get Our Latest Research Report on DRI

Insider Activity at Darden Restaurants In other news, SVP Lindsay L. Koren sold 300 shares of the stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $194.32, for a total transaction of $58,296.00. Following the completion of the transaction, the senior vice president directly owned 1,617 shares in the company, valued at approximately $314,215.44. This represents a 15.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.49% of the company’s stock.

About Darden Restaurants (Free Report)

Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.

Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.

Recommended Stories Five stocks we like better than Darden Restaurants Want to see what other hedge funds are holding DRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Darden Restaurants, Inc. (NYSE:DRI – Free Report).

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Posted by Defense World Staff on Apr 20th, 2026

KBC Group NV lowered its stake in Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 17.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 16,911 shares of the restaurant operator’s stock after selling 3,649 shares during the quarter. KBC Group NV’s holdings in Darden Restaurants were worth $3,112,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas raised its position in shares of Darden Restaurants by 98.5% during the 3rd quarter. Teacher Retirement System of Texas now owns 64,118 shares of the restaurant operator’s stock worth $12,206,000 after purchasing an additional 31,815 shares during the last quarter. AE Wealth Management LLC lifted its stake in Darden Restaurants by 164.1% in the 3rd quarter. AE Wealth Management LLC now owns 4,872 shares of the restaurant operator’s stock valued at $928,000 after buying an additional 3,027 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Darden Restaurants in the 3rd quarter worth about $2,536,000. Banco Santander S.A. purchased a new stake in Darden Restaurants during the 3rd quarter worth approximately $6,743,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Darden Restaurants by 78.4% during the third quarter. JPMorgan Chase & Co. now owns 2,666,919 shares of the restaurant operator’s stock valued at $507,675,000 after acquiring an additional 1,171,890 shares during the last quarter. Hedge funds and other institutional investors own 93.64% of the company’s stock.

Insiders Place Their Bets In other news, SVP Lindsay L. Koren sold 300 shares of the stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $194.32, for a total value of $58,296.00. Following the completion of the sale, the senior vice president owned 1,617 shares of the company’s stock, valued at $314,215.44. This represents a 15.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.49% of the stock is owned by insiders.

Analyst Ratings Changes A number of research analysts have weighed in on the company. KeyCorp raised their price objective on Darden Restaurants from $225.00 to $226.00 and gave the company an “overweight” rating in a report on Friday, March 20th. Citigroup increased their target price on shares of Darden Restaurants from $235.00 to $238.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Sanford C. Bernstein reissued an “outperform” rating on shares of Darden Restaurants in a research note on Friday, March 13th. Truist Financial restated a “hold” rating and set a $207.00 price target (down from $240.00) on shares of Darden Restaurants in a research report on Thursday, January 8th. Finally, BTIG Research reaffirmed a “buy” rating and set a $225.00 price objective on shares of Darden Restaurants in a research note on Friday, March 20th. Eighteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $226.24.

Read Our Latest Analysis on Darden Restaurants

Darden Restaurants Stock Up 0.0% Shares of NYSE:DRI opened at $201.12 on Monday. Darden Restaurants, Inc. has a 52-week low of $169.00 and a 52-week high of $228.27. The stock has a market cap of $23.04 billion, a P/E ratio of 21.28, a PEG ratio of 1.91 and a beta of 0.64. The business has a fifty day moving average of $203.93 and a two-hundred day moving average of $193.94. The company has a quick ratio of 0.25, a current ratio of 0.39 and a debt-to-equity ratio of 1.02.

Darden Restaurants (NYSE:DRI – Get Free Report) last posted its quarterly earnings results on Thursday, March 19th. The restaurant operator reported $2.95 EPS for the quarter, topping the consensus estimate of $2.94 by $0.01. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the previous year, the firm earned $2.80 EPS. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. On average, research analysts expect that Darden Restaurants, Inc. will post 9.52 earnings per share for the current year.

Darden Restaurants Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, April 10th. Darden Restaurants’s payout ratio is presently 63.49%.

Darden Restaurants Profile (Free Report)

Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.

Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.

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Posted by Defense World Staff on Apr 24th, 2026

Cwm LLC raised its holdings in Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 33.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,693 shares of the restaurant operator’s stock after buying an additional 3,708 shares during the quarter. Cwm LLC’s holdings in Darden Restaurants were worth $2,704,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Adelphi Trust Co acquired a new position in Darden Restaurants in the fourth quarter valued at approximately $221,000. Virginia Wealth Management Group Inc. lifted its stake in Darden Restaurants by 1.4% in the fourth quarter. Virginia Wealth Management Group Inc. now owns 26,605 shares of the restaurant operator’s stock valued at $4,896,000 after buying an additional 371 shares during the period. Farther Finance Advisors LLC lifted its stake in Darden Restaurants by 116.7% in the fourth quarter. Farther Finance Advisors LLC now owns 3,376 shares of the restaurant operator’s stock valued at $621,000 after buying an additional 1,818 shares during the period. Tectonic Advisors LLC lifted its stake in Darden Restaurants by 23.6% in the fourth quarter. Tectonic Advisors LLC now owns 8,103 shares of the restaurant operator’s stock valued at $1,491,000 after buying an additional 1,545 shares during the period. Finally, Running Oak Capital LLC lifted its stake in Darden Restaurants by 2.1% in the fourth quarter. Running Oak Capital LLC now owns 81,132 shares of the restaurant operator’s stock valued at $14,930,000 after buying an additional 1,669 shares during the period. 93.64% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Darden Restaurants In related news, SVP Lindsay L. Koren sold 300 shares of the company’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $194.32, for a total transaction of $58,296.00. Following the completion of the sale, the senior vice president owned 1,617 shares in the company, valued at approximately $314,215.44. This represents a 15.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Douglas J. Milanes sold 3,620 shares of the company’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $202.16, for a total value of $731,819.20. Following the sale, the senior vice president owned 274 shares of the company’s stock, valued at $55,391.84. This trade represents a 92.96% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.49% of the company’s stock.

Wall Street Analysts Forecast Growth Several equities analysts have issued reports on the company. Melius Research raised Darden Restaurants from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. UBS Group reissued a “buy” rating and issued a $230.00 price target on shares of Darden Restaurants in a research note on Tuesday, March 10th. Wells Fargo & Company upped their target price on Darden Restaurants from $200.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Friday, March 20th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Darden Restaurants in a research report on Friday, March 13th. Finally, KeyCorp upped their target price on Darden Restaurants from $225.00 to $226.00 and gave the stock an “overweight” rating in a research report on Friday, March 20th. Eighteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $226.24.

Check Out Our Latest Stock Report on DRI

Darden Restaurants Price Performance Shares of NYSE:DRI opened at $202.44 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.39 and a debt-to-equity ratio of 1.02. Darden Restaurants, Inc. has a twelve month low of $169.00 and a twelve month high of $228.27. The stock’s 50 day moving average is $202.86 and its 200-day moving average is $194.12. The firm has a market capitalization of $23.19 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 1.89 and a beta of 0.64.

Darden Restaurants (NYSE:DRI – Get Free Report) last issued its earnings results on Thursday, March 19th. The restaurant operator reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.94 by $0.01. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.33 billion. During the same period in the prior year, the firm earned $2.80 earnings per share. Darden Restaurants’s revenue for the quarter was up 5.9% on a year-over-year basis. Sell-side analysts forecast that Darden Restaurants, Inc. will post 10.61 EPS for the current fiscal year.

Darden Restaurants Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be issued a dividend of $1.50 per share. The ex-dividend date is Friday, April 10th. This represents a $6.00 annualized dividend and a yield of 3.0%. Darden Restaurants’s dividend payout ratio is 63.49%.

About Darden Restaurants (Free Report)

Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.

Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.

Featured Stories Five stocks we like better than Darden Restaurants

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Posted by Defense World Staff on Apr 29th, 2026

Concurrent Investment Advisors LLC raised its holdings in Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 313.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,598 shares of the restaurant operator’s stock after buying an additional 10,313 shares during the period. Concurrent Investment Advisors LLC’s holdings in Darden Restaurants were worth $2,502,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. NBC Securities Inc. increased its stake in shares of Darden Restaurants by 5.2% during the fourth quarter. NBC Securities Inc. now owns 3,895 shares of the restaurant operator’s stock worth $717,000 after purchasing an additional 192 shares during the period. AGP Franklin LLC increased its stake in shares of Darden Restaurants by 0.5% during the fourth quarter. AGP Franklin LLC now owns 13,137 shares of the restaurant operator’s stock worth $2,418,000 after purchasing an additional 62 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Darden Restaurants by 0.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 45,944 shares of the restaurant operator’s stock worth $8,455,000 after purchasing an additional 127 shares during the period. Kingswood Wealth Advisors LLC increased its stake in shares of Darden Restaurants by 437.9% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 8,262 shares of the restaurant operator’s stock worth $1,520,000 after purchasing an additional 6,726 shares during the period. Finally, Caliber Wealth Management LLC KS increased its stake in shares of Darden Restaurants by 16.3% during the fourth quarter. Caliber Wealth Management LLC KS now owns 17,887 shares of the restaurant operator’s stock worth $3,292,000 after purchasing an additional 2,512 shares during the period. Institutional investors own 93.64% of the company’s stock.

Analysts Set New Price Targets DRI has been the topic of a number of recent research reports. BTIG Research reiterated a “buy” rating and set a $225.00 target price on shares of Darden Restaurants in a research note on Friday, March 20th. Wells Fargo & Company increased their target price on Darden Restaurants from $200.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, March 20th. BMO Capital Markets increased their price target on Darden Restaurants from $205.00 to $220.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 6th. KeyCorp increased their price target on Darden Restaurants from $225.00 to $226.00 and gave the stock an “overweight” rating in a research report on Friday, March 20th. Finally, Weiss Ratings raised Darden Restaurants from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Eighteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $226.24.

View Our Latest Analysis on Darden Restaurants

Insiders Place Their Bets In other Darden Restaurants news, SVP Douglas J. Milanes sold 3,620 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $202.16, for a total value of $731,819.20. Following the sale, the senior vice president owned 274 shares of the company’s stock, valued at approximately $55,391.84. This trade represents a 92.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Lindsay L. Koren sold 300 shares of the firm’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $194.32, for a total value of $58,296.00. Following the completion of the sale, the senior vice president directly owned 1,617 shares in the company, valued at approximately $314,215.44. This represents a 15.65% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.49% of the company’s stock.

Darden Restaurants Trading Down 1.1% Shares of NYSE:DRI opened at $196.54 on Wednesday. The company has a market capitalization of $22.51 billion, a P/E ratio of 20.80, a P/E/G ratio of 1.88 and a beta of 0.64. Darden Restaurants, Inc. has a 1 year low of $169.00 and a 1 year high of $228.27. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.39 and a quick ratio of 0.25. The business’s 50 day simple moving average is $201.97 and its 200 day simple moving average is $194.43.

Darden Restaurants (NYSE:DRI – Get Free Report) last issued its quarterly earnings results on Thursday, March 19th. The restaurant operator reported $2.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.94 by $0.01. The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.33 billion. Darden Restaurants had a return on equity of 53.54% and a net margin of 8.66%.The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.80 earnings per share. On average, research analysts anticipate that Darden Restaurants, Inc. will post 10.61 EPS for the current fiscal year.

Darden Restaurants Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, April 10th. Darden Restaurants’s dividend payout ratio (DPR) is currently 63.49%.

Darden Restaurants Company Profile (Free Report)

Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.

Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.

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, /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) plans to release its fiscal 2026 fourth quarter and full year financial results before the market opens on Thursday, June 25, 2026. The Company will host a conference call, led by Rick Cardenas, President and Chief Executive Officer, and Raj Vennam, Chief Financial Officer, to review results and conduct a question–and–answer session on Thursday, June 25, 2026, at 8:30 a.m. ET.

The conference call will be webcast and can be accessed through the Company's Investor Relations website at investor.darden.com. Supplementary materials will be available on the website prior to the start of the conference call. A replay of the webcast will be available on the Company's Investor Relations website shortly after the conclusion of the call.

About Darden
Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar's Scratch Kitchen, The Capital Grille, Chuy's, Seasons 52, and Eddie V's. For more information, please visit www.darden.com.

Contacts:
Investor Relations: Courtney Aquilla (407) 245-5054
Media: Rich Jeffers (407) 245-4189

SOURCE Darden Restaurants, Inc.: Financial

Repeat dosing of DeltEx TM Drug Resistant Immunotherapy (DRI) had a median progression-free survival (mPFS) of 13.0 months and median overall survival (mOS) exceeding 19.5 months (not yet reached). Results demonstrate the potential for meaningful improvement in outcomes with gamma-delta T cell therapy in combination with the standard-of-care that has remained unchanged for over 20 years.

Business Finance, accounting, contract, advisor investment consulting marketing plan for the company with using tablet and computer technology in analysis.

getty

The stock market is roaring, and according to the media, it’s all because of AI.

But is that really true?

Because if it is, there must be other corners of the market, beyond tech, that are being overlooked. And that’s where we contrarians want to go hunting for high, steady (and cheap!) dividends.

Let’s break this question down, starting from a 50,000-foot view, then zeroing in on an ignored 8.1%-yielding fund with strong upside as investors come to realize its true value.

Sector Performance 2026

State Street Investment Management

This table is a great starting point—a kind of roadmap to where the cheapest stocks in the S&P 500 might be hiding out.

It’s simply a table of ETFs for every S&P 500 sector, and it shows us that, yes, tech is a big factor behind this year’s 10% gain (as of this writing) in the overall index.

Since the start of the year, tech has gained an eye-watering 29.4% as of this writing, pretty well all on AI strength.

But that’s not the only reason for the market’s gain. Energy, for example, edges it out, up 28.6% on the oil shortfall caused by the Iran conflict. Materials, industrials and even real estate have also beaten the market’s return. (We talked about the opportunity taking shape in real estate investment trusts in last Thursday’s article.)

MORE FOR YOU

What I really want to draw your attention to in the chart above is the flat performance of consumer-discretionary stocks.

On its face, you can understand why this is the case: Inflation is high. Hiring is sluggish. Wage growth is waning (to the point it slipped behind the CPI in April). Consumer sentiment? In the tank.

And yet, there’s plenty of evidence that consumers, while grumpy, are still spending. Consider home renos, which, according to the chart below from Apollo Global Management, have surged to account for a quarter of all private-construction spending.

Residential Renovations Increase

Apollo

Today’s level even tops the pandemic reno boom, when we were all building home offices and redecorating, thinking we may never go outside again!

It also clearly shows the strength of the American consumer. Compare it to the surge in 2010, for example. Back then, interest rates on home-refinance loans were low. Today, they’re high. Inflation was 2% then. It’s 3% now—after only gradually moving down from its sickening 9% peak in 2022.

But none of that has put off consumers from spending on one of the biggest-ticket items there is for most people. This, in other words, is a textbook contrarian opportunity: a powerful force (consumer spending, in this case) mainstream investors are downplaying.

Here’s how we’re going to go after it.

Forget ETFs—This 8.1%-Paying CEF Is the Best Play on Resilient ConsumersThe first place most people would look in a case like this is an ETF like the State Street Consumer Discretionary Select Sector SPDR ETF (XLY). But we’re dividend investors, and XLY’s sad 0XLY.75% yield just won’t cut it for us.

Instead, we’re looking to this 8.1%-yielding closed-end fund (CEF) called the Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV). As we’ll see, it’s nicely positioned to profit from the strong US consumer, including one holding that’s tied directly into the home-reno boom.

Let’s start with the fund’s performance:

ETV Outperforms

Ycharts

As you can see in purple above, ETV has beaten XLY—the consumer-discretionary ETF, in orange—on a total NAV return basis over the last five years.

(By “total NAV return” I mean the performance of the fund’s portfolio, including dividends collected, as opposed to its market price. The difference between the two creates the big discount ETV currently sports, which we’ll talk about shortly.)

And while the fund’s 150 holdings are weighted toward tech, at 39% of the portfolio, that’s a bit deceiving because its top tech holdings are mainly consumer-focused, including Apple (AAPL), Amazon.com (AMZN) and Tesla (TSLA).

And there are plenty of other consumer favorites further down ETV’s holdings list, including Chipotle Mexican Grill (CMG), Best Buy (BBY), Carvana (CVNA), Hershey (HSY), Nike (NKE), Darden Restaurants (DRI), Yum! Brands (YUM), Marriott International (MAR) and Home Depot (HD).

All of these companies are benefiting from Americans’ continued strong spending, with Home Depot directly profiting from surging home renos. That, in turn, is supporting ETV’s 8.1% dividend, which rolls out monthly.

That income also comes from the fund’s covered-call strategy, which provides some downside protection while bringing in cash, since it collects fees on all the options it sells, regardless of how the underlying trades turn out.

One would think a dividend as high as this one, backed by an undervalued basket of blue chips and a proven covered-call strategy, would be high on investors’ buy lists.

Instead, ETV’s 8% discount to NAV is at one of the widest levels I’ve seen in years. That markdown has also bottomed out recently, suggesting investors are finally starting to take notice of this smartly run CEF.

ETV Discount

Ycharts

With this momentum, ETV will likely get more bids, boosting its market price and shrinking the discount further. In fact, that’s already starting to happen, as ETV’s total return (based on market price this time) has outrun XLY this year.

ETV Rebounds Quicker

Ycharts

Before we wrap, let’s shift back to the dividend: To most investors, ETV’s 8.1% payout seems high, but it’s actually lower than the 8.8% average for all CEFs tracked by my CEF Insider service. So there’s nothing particularly unusual here.

ETV had a stable dividend for years until the 2022 crash, which forced management to reduce it. But another cut is unlikely given the economy’s strength. But even if that were to happen, it would likely only reduce ETV’s 8% yield to something like 7.2%. That’s still a monster payout.

With its high income and still-wide discount, ETV is clearly a better way to profit from America’s underappreciated consumer spending than XLY. And it’s just one of many CEFs that crushes index funds—whether you measure by dividend yield, past performance or both.

Michael Foster is the Lead Research Analyst for Contrarian Outlook. For more great retirement income ideas, click here for our latest report “Indestructible Income: 5 Bargain Funds with Steady 10% Dividends.”

LAS VEGAS, May 21, 2026 (GLOBE NEWSWIRE) -- Premier Development & Investment, Inc. (OTC: PDIV) (“The Company” or “Premier”) filed a Supplementary Filing on OTCIQ on May 20, 2026 detailing the elimination of some $6 million of unsecured and outstanding interest free aged Convertible Loan Notes.

A Link to this Filing: www.otcmarkets.com/file/company/financial-report/565051/content

To view all of Premier’s Regulatory Filings: https://www.otcmarkets.com/stock/PDIV/disclosure

ABOUT PREMIER:

Premier is in the business of Lithium and Uranium exploration in Nevada through “Silverpeak”, “Stonewall Flat” and “Hombre” encompassing some 3,800 acres. Premier has Rare Earth Exploration properties in New Mexico through “Gallinas Mountains”. In addition, we hold options over Oil & Gas Wells in Oklahoma. We now hold 49.99% the outstanding Common Stock of GNCC Capital, Inc. (OTC: GNCP), a Company engaged in the ownership of Gold and Silver Exploration Projects.

Forward-Looking Statements:

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.

Contact Information:

Telephone: (702) 992- 0494

E Mail: [email protected]

Temporary Investor Relations Contact (Being replaced by an Investor Relations Firm):

E Mail: [email protected]

Website: www.premiergroupinc.us (Final construction underway)

Social Media:

https://www.facebook.com/PremierGroupInc

https://x.com/PdivPremier

https://www.instagram.com/premier_investment_pdiv/

https://www.linkedin.com/company/premier-development-investment-inc

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Samsung Canada announced the continued expansion of its national retail footprint with the upcoming openings of three new Samsung Experience Stores.

Key Takeaways Columbia Banking targets $127M in annualized Pacific Premier cost savings by June 2026.COLB completed system conversions and branch consolidations in Q1'26 to boost efficiencies.Pacific Premier added new fee platforms and generated more than 1,200 cross-sell referrals. Columbia Banking System, Inc. (COLB - Free Report) is moving through the heavy-lift phase of its Pacific Premier integration, and the next few quarters should reveal how quickly deal benefits turn into cleaner earnings. The bank reflects a balanced setup with tangible synergy progress but lingering near-term costs. 

For investors, “integration milestones” matter because they are the checkpoints that convert a strategic footprint expansion into measurable efficiency and revenue durability. In this case, the key goalposts are the bank’s cost synergy targets, completed conversion work, and the new fee capabilities added through the transaction.

COLB Integration TimelineColumbia Banking closed its acquisition of Pacific Premier on Aug. 31, 2025, a deal that completed its Western footprint and strengthened its positioning in Southern California. That footprint expansion is the strategic backdrop, but the investment debate is now centered on execution. 

Integration milestones in this story are practical and measurable. They include hitting cost-savings run rates, finishing system and branch actions that unlock operating leverage, and translating a broader product set into more recurring fee income.

Columbia Banking’s Cost Synergy Target and ProgressThe bank has targeted $127 million in annualized cost savings from the Pacific Premier transaction. By the end of 2025, it had realized $63 million of that total, giving investors a concrete marker to track the remaining runway. 

Management has also framed the timing clearly. The company expects to realize the previously disclosed cost savings by June 30, 2026, setting a defined window for when synergy benefits should show up more consistently in the expense base.

A major milestone arrived in the first quarter of 2026, when COLB completed system conversions and branch consolidations tied to the integration. With the conversion work done, subsequent quarters should provide a clearer view of how quickly run-rate efficiencies can build.

Columbia Banking’s New Fee Platforms From the DealBeyond cost actions, Pacific Premier broadened Columbia Banking’s fee toolkit. The combined company added fee platforms including Custodial Trust Services, homeowners association banking, escrow, and 1031 exchanges.  That expansion is notable because it extends the franchise beyond spread-driven banking into services that can deepen relationships and diversify revenue.

Early commercial activity points to traction. Since closing, the company has generated more than 1,200 cross-sell referrals, and de novo and campaign efforts produced meaningful deposit inflows through mid-October.  Over time, management expects the broader product set and referral activity to support higher wallet share and a gradual shift toward more durable core fee streams.

COLB Expense Run Rate and Near-Term Margin EffectsNear term, expenses remain elevated, reflecting integration and amortization costs, along with purchase accounting effects that can add noise to reported performance. That is why efficiency and returns can look pressured even when synergy milestones are being met.

Management expects operating expenses, excluding core deposit intangible amortization, to run $330-$340 million per quarter for the next several quarters. Until system synergies fully offset integration costs, expense optics are likely to stay choppy, which can influence how quickly improvements in profitability filter into bottom-line momentum.

Columbia Banking’s Bottom-Line DebateThe long-term setup rests on execution. Management expects NIM expansion through 2026, and external models point to multi-year earnings per share growth through 2026-2027 tied to synergy realization and balance sheet mix shifts. 

The counterweight is near-term noise. Integration and amortization costs, one-time purchase accounting effects, and competitive deposit pricing pressure can cloud quarterly comparisons even if underlying momentum is improving. 

COLB carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Over the past year, shares of Columbia Banking have gained 27.2% compared with the industry’s rise of 20.2%.

Price Performance

Image Source: Zacks Investment Research

COLB Peer ContextAmong Columbia Banking Western peers, East West Bancorp (EWBC - Free Report) and Western Alliance (WAL - Free Report) each has a Zacks Rank #3. 

East West Bancorp is a Pasadena-based commercial bank with more than 110 locations across the U.S. and Asia, often cited for cross-border and relationship banking depth in Western markets. Western Alliance, headquartered in Phoenix, operates full-service business banking divisions in Arizona, California and Nevada, alongside specialized national units, offering a helpful read-through on Western deposit and C&I dynamics.

Vancouver, British Columbia--(Newsfile Corp. - June 1, 2026) - Zodiac Gold Inc. (TSXV: ZAU) (OTCQB: ZAUIF) (FSE: K19) ("Zodiac Gold" or the "Company") is pleased to announce that globally recognized mining executive Brett Richards has agreed to be included in the Company's slate of nominees for election to the Board of Directors at the Company's Annual General Meeting (AGM) to be held later this year. Upon his election as a director, Mr.

LAS VEGAS, June 03, 2026 (GLOBE NEWSWIRE) -- Premier Development & Investment, Inc. (OTC: PDIV) (“The Company” or “Premier”) filed a Supplementary Filing on OTCIQ on June 2, 2026 detailing the Amendments to its Articles to create unsecured and interest free Preferred Stock (“Preferred”) and with an “iron clad” inability to convert the Preferred and for a period of not less than two years.

At this time, we are capitalizing long term liabilities in the amount of not less than $27 million.

The amount capitalized in respect of all short term liabilities will be decided and enacted upon in the last week of this month being the close of our Q2 Reporting Period. We expect to expend some $1.1 million in cash costs in Q2 pertaining to Capex, Professional Fees and extraordinary expenses.

This follows on from our cancellation of $6 million of Convertible Loan Notes and announced on May 21, 2026.

We remain in discussions with other Lenders whom may or may not elect to convert into Preferred Stock, thereby possibly increasing this aforesaid amount of Preferred being issued. There are no indications that any of these other Lenders will elect to do so.

This will be concluded in and during Q2 for the period ending June 30, 2026. This will include the $6 million of unsecured and outstanding interest free aged Convertible Loan Notes cancelled and converted into unsecured and interest free Long Term Liabilities in and during last week.

We strongly recommend that our shareholders scrutinize the transactions as set out in detail in this OTCIQ filing. This also deals with other actions including but not limited to a new Class of “Super Voting” Preferred Stock and a possible substantial restricted “Class “A” Common Stock issuance.

A Link to this Filing for a detailed synopsis and our rationale: www.otcmarkets.com/file/company/financial-report/570152/content

To view all of Premier’s Regulatory Filings: https://www.otcmarkets.com/stock/PDIV/disclosure

All parties are in full agreement on all terms and are all awaiting upon the External Attorneys to both Premier and the other parties to complete the final drafts of these various Agreements; to that extent, we have been advised that all parties will be in receipt of the same on June 3, 2026. We confirm that these relate to Premier’s interests in the Lithium and Uranium Exploration Properties, namely “Hombre”, “Stonewall Flat” and “Silverpeak”.

If all parties are in receipt of the final revised draft Agreements from the external Attorneys by today, we are fairly confident that the same will be signed and filed on OTCIQ by end of this week. Any further delay from external Attorneys will result in the filing and consummation of these transactions by day(s).

Given the materiality of these pending transactions and in the amount of $110 million, we continue to advise our shareholders to exercise extreme caution in their dealings in our Common Stock, and until such time as all of these transactions have been filed, thereby placing our shareholders in a position to make appropriate investment and/or trading decisions.

ABOUT PREMIER:

Premier is in the business of Lithium and Uranium exploration in Nevada through “Silverpeak”, “Stonewall Flat” and “Hombre” encompassing some 3,800 acres. Premier has Rare Earth Exploration properties in New Mexico through “Gallinas Mountains”. In addition, we hold options over Oil & Gas Wells in Oklahoma. We now hold 49.99% the outstanding Common Stock of GNCC Capital, Inc. (OTC: GNCP), a Company engaged in the ownership of Gold and Silver Exploration Projects.

Forward-Looking Statements:

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the OTC Markets Group.

Contact Information:

Telephone: (702) 992- 0494

E Mail: [email protected]

Temporary Investor Relations Contact (Being replaced by an Investor Relations Firm):

E Mail: [email protected]

Website: www.premiergroupinc.us (Final construction underway)

Social Media:

https://www.facebook.com/PremierGroupInc

https://x.com/PdivPremier

https://www.instagram.com/premier_investment_pdiv/

https://www.linkedin.com/company/premier-development-investment-inc