Lazard Asset Management LLC Acquires 53,597 Shares of Fresh Del Monte Produce, Inc. $FDP

Posted by Brenda Bartman on Jul 31st, 2026

Lazard Asset Management LLC boosted its holdings in Fresh Del Monte Produce, Inc. (NYSE:FDP – Free Report) by 63.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 138,416 shares of the company’s stock after acquiring an additional 53,597 shares during the quarter. Lazard Asset Management LLC’s holdings in Fresh Del Monte Produce were worth $5,573,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sei Investments Co. grew its holdings in Fresh Del Monte Produce by 307.5% during the 1st quarter. Sei Investments Co. now owns 37,432 shares of the company’s stock worth $1,507,000 after acquiring an additional 28,247 shares during the period. Parallel Advisors LLC lifted its stake in shares of Fresh Del Monte Produce by 8.5% in the 1st quarter. Parallel Advisors LLC now owns 5,659 shares of the company’s stock valued at $228,000 after purchasing an additional 445 shares during the period. Sequoia Financial Advisors LLC acquired a new position in shares of Fresh Del Monte Produce in the 1st quarter valued at $208,000. Hsbc Holdings PLC bought a new position in shares of Fresh Del Monte Produce in the 1st quarter worth $306,000. Finally, Waterfront Wealth Inc. boosted its position in shares of Fresh Del Monte Produce by 2.9% in the 1st quarter. Waterfront Wealth Inc. now owns 31,936 shares of the company’s stock worth $1,286,000 after purchasing an additional 909 shares during the last quarter. 64.83% of the stock is owned by institutional investors.

Insider Activity at Fresh Del Monte Produce

In other Fresh Del Monte Produce news, Director Ahmad Abu-Ghazaleh acquired 4,000 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were acquired at an average price of $29.41 per share, with a total value of $117,640.00. Following the purchase, the director owned 4,000 shares of the company’s stock, valued at $117,640. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 30.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Weiss Ratings downgraded Fresh Del Monte Produce from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, June 17th. Wall Street Zen cut Fresh Del Monte Produce from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Fresh Del Monte Produce has a consensus rating of “Hold”.

View Our Latest Analysis on Fresh Del Monte Produce

Fresh Del Monte Produce Stock Up 3.8%

Shares of NYSE:FDP opened at $29.82 on Friday. Fresh Del Monte Produce, Inc. has a 52 week low of $26.47 and a 52 week high of $43.58. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.10 and a current ratio of 2.34. The company has a market capitalization of $1.42 billion, a PE ratio of 20.57 and a beta of 0.22. The company has a 50 day moving average price of $29.29 and a two-hundred day moving average price of $36.15.

Fresh Del Monte Produce (NYSE:FDP – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. Fresh Del Monte Produce had a net margin of 1.63% and a return on equity of 7.61%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same period last year, the firm posted $0.63 earnings per share. The business’s quarterly revenue was down 4.9% compared to the same quarter last year.

Fresh Del Monte Produce Profile

(Free Report)

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.