Monica Vicente Sells 349 Shares of Fresh Del Monte Produce (NYSE:FDP) Stock

Fresh Del Monte Produce, Inc. (NYSE:FDP) CFO Monica Vicente sold 349 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $42.50, for a total transaction of $14,832.50. Following the completion of the transaction, the chief financial officer owned 17,349 shares of the company’s stock, valued at approximately $737,332.50. The trade was a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Monica Vicente also recently made the following trade(s):

• On Wednesday, March 4th, Monica Vicente sold 1,260 shares of Fresh Del Monte Produce stock. The stock was sold at an average price of $42.28, for a total transaction of $53,272.80.

Fresh Del Monte Produce Stock Down 0.4%

Shares of NYSE:FDP opened at $42.51 on Friday. The firm has a 50 day simple moving average of $38.84 and a 200 day simple moving average of $36.79. The company has a market cap of $2.01 billion, a PE ratio of 22.61 and a beta of 0.28. Fresh Del Monte Produce, Inc. has a 52 week low of $29.00 and a 52 week high of $43.58. 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 issued its quarterly earnings results 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. 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 return on equity of 7.63% and a net margin of 2.10%.Fresh Del Monte Produce’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 earnings per share.

Fresh Del Monte Produce Announces Dividend

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 given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, March 4th. Fresh Del Monte Produce’s dividend payout ratio is 63.83%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Fresh Del Monte Produce by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,090 shares of the company’s stock worth $619,000 after purchasing an additional 879 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Fresh Del Monte Produce by 1,647.2% during the 1st quarter. Millennium Management LLC now owns 596,496 shares of the company’s stock worth $18,390,000 after acquiring an additional 562,356 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Fresh Del Monte Produce by 10.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 94,910 shares of the company’s stock worth $2,926,000 after acquiring an additional 9,202 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Fresh Del Monte Produce by 2,889.0% during the 1st quarter. Jane Street Group LLC now owns 122,716 shares of the company’s stock valued at $3,783,000 after acquiring an additional 127,116 shares during the last quarter. Finally, Corton Capital Inc. bought a new position in shares of Fresh Del Monte Produce in the 2nd quarter valued at approximately $203,000. Institutional investors own 64.83% of the company’s stock.

Fresh Del Monte Produce News Roundup

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

• Positive Sentiment: Company reported a strong EPS beat for the quarter ($0.70 vs. $0.28 consensus) and improved year‑over‑year profitability, showing operating leverage in recent results. Read More.
• Positive Sentiment: Board declared a quarterly dividend of $0.30 (annualized $1.20, ~2.8% yield), payable March 27 with record date March 4 — supports income-seeking investors and raises baseline demand. Read More.
• Positive Sentiment: Recent analyst upgrades (Wall Street Zen, Weiss Ratings) moved sentiment toward “Buy,” which could support medium-term demand if upgrades attract new flows. Read More.
• Neutral Sentiment: Institutional ownership remains high (~65%), with several funds increasing positions; that provides stability but also means future trading can be driven by large holders’ rebalancing. Read More.
• Neutral Sentiment: Media comparison piece examines FDP versus Pilgrim’s Pride as alternative food stocks — useful context for relative valuation decisions but not an immediate catalyst. Read More.
• Negative Sentiment: Significant insider selling: several senior executives (COO Mohammed Abbas, CFO Monica Vicente and multiple SVPs) sold substantial blocks on March 3–4 at ~$42.3–42.5, reducing their individual holdings by mid-single to mid‑20% ranges — selling by management can be read as a near‑term negative signal to investors. Read More.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on FDP. Wall Street Zen upgraded shares of Fresh Del Monte Produce from a “hold” rating to a “buy” rating in a research report 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 research note on Monday, February 23rd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Fresh Del Monte Produce currently has an average rating of “Buy”.

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.