15,172 Shares in Fresh Del Monte Produce, Inc. $FDP Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC bought a new position in shares of Fresh Del Monte Produce, Inc. (NYSE:FDP) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,172 shares of the company’s stock, valued at approximately $527,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its position in Fresh Del Monte Produce by 390.8% during 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. Geneos Wealth Management Inc. lifted its holdings in shares of Fresh Del Monte Produce by 238.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,065 shares of the company’s stock valued at $35,000 after acquiring an additional 750 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Fresh Del Monte Produce by 34.7% in the second quarter. Tower Research Capital LLC TRC now owns 3,010 shares of the company’s stock valued at $98,000 after acquiring an additional 775 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Fresh Del Monte Produce by 34.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,543 shares of the company’s stock valued at $115,000 after purchasing an additional 902 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Fresh Del Monte Produce during the third quarter worth about $226,000. Institutional investors and hedge funds own 64.83% of the company’s stock.

Fresh Del Monte Produce Trading Up 0.2%

Fresh Del Monte Produce stock opened at $42.57 on Friday. Fresh Del Monte Produce, Inc. has a 12 month low of $29.00 and a 12 month high of $43.58. The company’s fifty day simple moving average is $38.97 and its 200-day simple moving average is $36.84. The company has a quick ratio of 1.06, a current ratio of 2.16 and a debt-to-equity ratio of 0.09. The stock has a market cap of $2.02 billion, a P/E ratio of 22.64 and a beta of 0.28.

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

Fresh Del Monte Produce Dividend Announcement

The business 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. This represents a $1.20 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, March 4th. Fresh Del Monte Produce’s dividend payout ratio is 63.83%.

Key Fresh Del Monte Produce News

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.

Analyst Ratings Changes

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

Insider Buying and Selling at Fresh Del Monte Produce

In other Fresh Del Monte Produce news, SVP Ziad Nabulsi sold 1,112 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $42.50, for a total transaction of $47,260.00. Following the completion of the sale, the senior vice president owned 13,901 shares of the company’s stock, valued at $590,792.50. This represents a 7.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Mohammed Abbas sold 3,458 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $42.28, for a total value of $146,204.24. Following the sale, the chief operating officer directly owned 59,930 shares of the company’s stock, valued at $2,533,840.40. The trade was a 5.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 41,077 shares of company stock worth $1,627,233 in the last 90 days. Company insiders own 31.60% of the company’s stock.

Fresh Del Monte Produce 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.