American Century Companies Inc. Raises Holdings in Fresh Del Monte Produce, Inc. $FDP

American Century Companies Inc. raised its holdings in Fresh Del Monte Produce, Inc. (NYSE:FDP) by 9.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,359,355 shares of the company’s stock after purchasing an additional 117,567 shares during the quarter. American Century Companies Inc. owned 2.85% of Fresh Del Monte Produce worth $47,197,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. EverSource Wealth Advisors LLC increased its position in shares of Fresh Del Monte Produce by 390.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 962 shares of the company’s stock worth $31,000 after purchasing an additional 766 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Fresh Del Monte Produce by 238.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,065 shares of the company’s stock worth $35,000 after buying an additional 750 shares during the period. Tower Research Capital LLC TRC increased its position in shares of Fresh Del Monte Produce by 34.7% during 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 during the last quarter. BNP Paribas Financial Markets raised its stake in shares of Fresh Del Monte Produce by 34.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,543 shares of the company’s stock valued at $115,000 after acquiring an additional 902 shares during the period. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Fresh Del Monte Produce in the 3rd quarter valued at approximately $226,000. Institutional investors and hedge funds own 64.83% of the company’s stock.

Analysts Set New Price Targets

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

Fresh Del Monte Produce Stock Down 0.4%

Shares of NYSE:FDP opened at $42.51 on Friday. Fresh Del Monte Produce, Inc. has a fifty-two week low of $29.00 and a fifty-two week high of $43.58. The firm’s 50 day moving average price is $38.84 and its 200 day moving average price is $36.79. 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 $2.01 billion, a price-to-earnings ratio of 22.61 and a beta of 0.28.

Fresh Del Monte Produce (NYSE:FDP) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.70 EPS for the quarter, topping the consensus estimate 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 business posted $0.26 EPS. The firm’s revenue was up .6% on a year-over-year basis.

Fresh Del Monte Produce Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Wednesday, March 4th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a 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%.

Insider Buying and Selling

In other Fresh Del Monte Produce news, SVP Marissa R. Tenazas sold 1,969 shares of Fresh Del Monte Produce stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $42.28, for a total transaction of $83,249.32. Following the completion of the sale, the senior vice president directly owned 6,428 shares of the company’s stock, valued at $271,775.84. The trade was a 23.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Danny Dumas sold 818 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $42.28, for a total value 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 represents a 24.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 41,077 shares of company stock valued at $1,627,233 over the last 90 days. 31.60% of the stock is currently owned by corporate insiders.

Trending Headlines about Fresh Del Monte Produce

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

• Positive Sentiment: Company declared a quarterly dividend of $0.30 per share (annualized $1.20, ~2.8% yield) with record/ex-dividend dates in early March — supports income-oriented holders and provides a near-term cash return to shareholders. Dividend & company update
• Positive Sentiment: Recent analyst moves have turned more favorable (Wall Street Zen and Weiss Ratings upgraded FDP to Buy), which can support demand from retail and institutional buyers. Analyst upgrades
• Neutral Sentiment: Quarterly results: EPS materially beat consensus ($0.70 vs. $0.28) but revenue slightly missed estimates ($968.2M vs. ~$1.01B). The EPS beat is positive for profitability metrics, but the revenue shortfall and modest year-over-year growth make the release a mixed signal. Earnings summary
• Neutral Sentiment: Institutional ownership remains high (roughly 65%) with several large funds reported adding to or trimming positions in recent quarters — signals steady professional interest but not an immediate directional catalyst. Institutional holdings
• Negative Sentiment: Significant insider selling reported across multiple senior executives (COO, CFO and several SVPs) on March 3–4 — sizable transactions include thousands of shares sold at ~\$42.28–\$42.50 and notable percentage reductions in some officers’ holdings. Heavy insider selling can signal caution from management or simply portfolio diversification/liquidity needs, but markets often view clustered officer sales as a near-term negative. Insider selling report

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.