Fresh Del Monte Produce (NYSE:FDP) SVP Sells $34,585.04 in Stock

Fresh Del Monte Produce, Inc. (NYSE:FDP) SVP Danny Dumas sold 818 shares of Fresh Del Monte Produce stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $42.28, for a total transaction of $34,585.04. Following the transaction, the senior vice president directly owned 2,560 shares of the company’s stock, valued at approximately $108,236.80. This trade represents a 24.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Fresh Del Monte Produce Stock Performance

Shares of NYSE FDP opened at $42.57 on Friday. The company’s fifty day moving average price is $38.97 and its 200 day moving average price is $36.84. Fresh Del Monte Produce, Inc. has a 1 year low of $29.00 and a 1 year high of $43.58. The company has a market capitalization of $2.02 billion, a PE ratio of 22.64 and a beta of 0.28. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.06 and a current ratio of 2.16.

Fresh Del Monte Produce (NYSE:FDP) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.42. Fresh Del Monte Produce had a net margin of 2.10% and a return on equity of 7.63%. The company had revenue of $968.20 million during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the company earned $0.26 earnings per share. The firm’s revenue for the quarter was up .6% on a year-over-year basis.

Fresh Del Monte Produce Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.20 dividend on an annualized basis and a yield of 2.8%. Fresh Del Monte Produce’s dividend payout ratio is currently 63.83%.

Fresh Del Monte Produce News Summary

Here are the key news stories impacting Fresh Del Monte Produce this week:

• Positive Sentiment: Analyst upgrades have lifted sentiment — WallStreetZen and Weiss Ratings moved FDP toward “buy,” which can attract buyer interest and support the share price. Read More.
• Positive Sentiment: Institutional buying reported (several asset managers increased or established positions), which supports medium‑term demand/liquidity for the stock. Read More.
• Neutral Sentiment: Q4 results were mixed: EPS beat comfortably ($0.70 vs. $0.28 est.), which is positive for earnings momentum, but revenue missed (~$968.2M vs. ~$1.01B), leaving top‑line growth questions. Watch guidance and next quarter revenue trends. Read More.
• Neutral Sentiment: Comparative coverage (Fresh Del Monte vs. Pilgrim’s Pride) may shift valuation conversations among sector investors but is not an immediate company‑specific catalyst. Read More.
• Negative Sentiment: Clustered insider selling across March 3–4: multiple senior executives (COO, CFO and several SVPs) sold shares in closely timed Form 4 filings. The concentrated nature and size of sales likely created intraday selling pressure and can spook short‑term traders. Read More.
• Negative Sentiment: The stock recently went ex‑dividend ($0.30 quarterly, $1.20 annualized, ~2.8–2.9% yield); ex‑dividend and record/ex dates commonly trigger short‑term selling as some holders rotate or capture the payout. Read More.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Wall Street Zen raised Fresh Del Monte Produce from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Weiss Ratings raised shares of Fresh Del Monte Produce from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. One analyst has rated the stock with a Buy rating, According to MarketBeat, Fresh Del Monte Produce presently has a consensus rating of “Buy”.

Hedge Funds Weigh In On Fresh Del Monte Produce

Several hedge funds and other institutional investors have recently made changes to their positions in FDP. EverSource Wealth Advisors LLC boosted its stake in shares of Fresh Del Monte Produce by 390.8% in the second quarter. EverSource Wealth Advisors LLC now owns 962 shares of the company’s stock worth $31,000 after acquiring an additional 766 shares during the last quarter. Larson Financial Group LLC increased its position in shares of Fresh Del Monte Produce by 1,488.5% during the third quarter. Larson Financial Group LLC now owns 969 shares of the company’s stock worth $34,000 after purchasing an additional 908 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Fresh Del Monte Produce by 238.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,065 shares of the company’s stock valued at $35,000 after purchasing an additional 750 shares during the last quarter. Leonteq Securities AG acquired a new position in Fresh Del Monte Produce in the 4th quarter valued at $39,000. Finally, Aster Capital Management DIFC Ltd purchased a new position in Fresh Del Monte Produce in the 4th quarter valued at $61,000. Hedge funds and other institutional investors own 64.83% of the company’s stock.

Fresh Del Monte Produce Company Profile

Fresh Del Monte Produce Inc is a leading producer, marketer and distributor of fresh and fresh-cut fruits and vegetables worldwide. The company offers a wide range of products including bananas, pineapples, melons, grapes and avocados, along with value-added items such as fruit salads, vegetable trays and snack packs under the Del Monte® brand.

Founded in 1989 as a spin-off from Del Monte, Fresh Del Monte has developed a global supply chain that spans production farms, ripening facilities and packaging centers across Latin America, North America, Europe, Asia and Africa.