SG Americas Securities LLC Increases Position in Fresh Del Monte Produce, Inc. $FDP

SG Americas Securities LLC grew its holdings in Fresh Del Monte Produce, Inc. (NYSE:FDP) by 251.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,376 shares of the company’s stock after purchasing an additional 20,313 shares during the period. SG Americas Securities LLC owned about 0.06% of Fresh Del Monte Produce worth $985,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in FDP. SummerHaven Investment Management LLC grew its stake in Fresh Del Monte Produce by 1.2% in the second quarter. SummerHaven Investment Management LLC now owns 36,419 shares of the company’s stock worth $1,181,000 after purchasing an additional 415 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Fresh Del Monte Produce by 5.9% in the 3rd quarter. GAMMA Investing LLC now owns 9,619 shares of the company’s stock worth $334,000 after buying an additional 538 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Fresh Del Monte Produce by 7.3% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,614 shares of the company’s stock worth $279,000 after buying an additional 583 shares in the last quarter. CWA Asset Management Group LLC increased its stake in shares of Fresh Del Monte Produce by 1.5% during the third quarter. CWA Asset Management Group LLC now owns 39,397 shares of the company’s stock valued at $1,368,000 after buying an additional 597 shares during the period. Finally, Waterfront Wealth Inc. raised its holdings in shares of Fresh Del Monte Produce by 1.3% in the second quarter. Waterfront Wealth Inc. now owns 48,272 shares of the company’s stock valued at $1,565,000 after acquiring an additional 599 shares in the last quarter. 64.83% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on FDP shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Fresh Del Monte Produce in a research report on Monday, December 29th. Wall Street Zen lowered shares of Fresh Del Monte Produce from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Fresh Del Monte Produce Stock Performance

FDP stock opened at $36.94 on Monday. Fresh Del Monte Produce, Inc. has a one year low of $26.50 and a one year high of $40.75. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 22.66 and a beta of 0.30. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.07 and a current ratio of 2.09. The firm has a 50-day simple moving average of $36.36 and a two-hundred day simple moving average of $35.61.

Fresh Del Monte Produce (NYSE:FDP) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.50 by $0.19. Fresh Del Monte Produce had a net margin of 1.84% and a return on equity of 6.63%. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the previous year, the business posted $0.77 EPS. Fresh Del Monte Produce’s revenue was up .2% on a year-over-year basis.

Fresh Del Monte Produce Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Wednesday, November 12th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.2%. The ex-dividend date was Wednesday, November 12th. Fresh Del Monte Produce’s payout ratio is 73.62%.

Insider Activity at Fresh Del Monte Produce

In related news, SVP Effie D. Silva sold 1,325 shares of the company’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $36.79, for a total transaction of $48,746.75. Following the transaction, the senior vice president directly owned 6,052 shares of the company’s stock, valued at $222,653.08. This represents a 17.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Ghazaleh Mohammad Abu sold 28,558 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $38.42, for a total value of $1,097,198.36. Following the completion of the sale, the chief executive officer directly owned 4,962,224 shares of the company’s stock, valued at approximately $190,648,646.08. This represents a 0.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 35,883 shares of company stock valued at $1,361,045 in the last ninety days. Corporate insiders own 31.60% 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: Fresh Del Monte named winning bidder to acquire Del Monte Foods assets — this is the main catalyst; the deal would add branded packaged-food lines and distribution scale to FDP’s fresh/produce business. Article Title
• Positive Sentiment: Company confirmed as a successful bidder in the court‑supervised Del Monte Foods auction — courts/administrators signaled transaction progress, reducing some execution uncertainty. Article Title
• Positive Sentiment: Deal size and structure reported (approx. $285M reported in some outlets) — a relatively modest purchase price versus FDP’s market cap, which could be accretive if integration goes smoothly. Article Title
• Positive Sentiment: Fresh Del Monte’s recent quarter beat EPS expectations — underpins the company’s ability to pursue bolt‑on deals without immediate financial distress. Article Title
• Positive Sentiment: Shares recently crossed above the 200‑day moving average — a technical sign some traders view as bullish. Article Title
• Neutral Sentiment: Analyst/valuation notes discuss a share pullback and whether FDP now represents value after the recent move — these pieces can amplify short‑term volatility but don’t change deal fundamentals. Article Title
• Neutral Sentiment: Context: Del Monte Foods is selling core businesses in a bankruptcy‑driven auction with multiple buyers (B&G Foods also acquiring certain brands) — this fragmented sale creates transitional complexity for acquired units. Article Title
• Negative Sentiment: Market reaction: shares are lower today — likely reflecting investor caution around integration risk, potential incremental costs, and uncertainty tied to the bankruptcy sale timeline despite the strategic upside. Article Title

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.