Effie Silva Sells 1,072 Shares of Fresh Del Monte Produce (NYSE:FDP) Stock

Fresh Del Monte Produce, Inc. (NYSE:FDP) SVP Effie Silva sold 1,072 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $42.28, for a total value of $45,324.16. Following the completion of the sale, the senior vice president owned 14,430 shares in the company, valued at approximately $610,100.40. The trade was a 6.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Fresh Del Monte Produce Stock Up 0.2%

NYSE:FDP opened at $42.57 on Friday. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 22.64 and a beta of 0.28. The company has a current ratio of 2.16, a quick ratio of 1.06 and a debt-to-equity ratio of 0.09. Fresh Del Monte Produce, Inc. has a twelve month low of $29.00 and a twelve month high of $43.58. The stock has a fifty day simple moving average of $38.97 and a 200-day simple moving average of $36.84.

Fresh Del Monte Produce (NYSE:FDP) last issued its earnings results on Wednesday, February 18th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.42. The business had revenue of $968.20 million for the quarter, compared to the consensus estimate of $1.01 billion. Fresh Del Monte Produce had a net margin of 2.10% and a return on equity of 7.63%. The company’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 EPS.

Fresh Del Monte Produce Announces Dividend

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

Analyst Ratings Changes

FDP has been the subject of several research reports. Weiss Ratings upgraded shares of Fresh Del Monte Produce from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Wall Street Zen raised Fresh Del Monte Produce from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Hedge Funds Weigh In On Fresh Del Monte Produce

Several hedge funds have recently modified their holdings of FDP. Wasatch Advisors LP raised its position in shares of Fresh Del Monte Produce by 41.1% in the 3rd quarter. Wasatch Advisors LP now owns 1,915,156 shares of the company’s stock valued at $66,494,000 after purchasing an additional 557,638 shares during the last quarter. LSV Asset Management grew its position in Fresh Del Monte Produce by 0.6% during the 4th quarter. LSV Asset Management now owns 1,741,494 shares of the company’s stock worth $62,049,000 after purchasing an additional 10,246 shares during the last quarter. American Century Companies Inc. grew its position in Fresh Del Monte Produce by 9.5% during the 3rd quarter. American Century Companies Inc. now owns 1,359,355 shares of the company’s stock worth $47,197,000 after purchasing an additional 117,567 shares during the last quarter. State Street Corp increased its stake in Fresh Del Monte Produce by 0.7% during the 4th quarter. State Street Corp now owns 1,336,786 shares of the company’s stock valued at $47,630,000 after purchasing an additional 9,933 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Fresh Del Monte Produce by 19.2% during the 3rd quarter. Invesco Ltd. now owns 931,653 shares of the company’s stock valued at $32,347,000 after purchasing an additional 150,092 shares in the last quarter. Institutional investors and hedge funds own 64.83% of the company’s stock.

Trending Headlines about Fresh Del Monte Produce

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.

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.