Fresh Del Monte Produce (NYSE:DMC) Stock Price Down 7.5% – Should You Sell?

Posted by Brenda Bartman on Oct 31st, 2026

Fresh Del Monte Produce Inc (NYSE:DMC – Get Free Report)’s stock price traded down 7.5% during mid-day trading on Thursday. The stock traded as low as $27.20 and last traded at $26.8390. 547,769 shares traded hands during trading, an increase of 44% from the average daily volume of 381,014 shares. The stock had previously closed at $29.00.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DMC shares. Wall Street Zen downgraded shares of Fresh Del Monte Produce from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings lowered shares of Fresh Del Monte Produce from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Fresh Del Monte Produce has an average rating of “Hold”.

Check Out Our Latest Stock Report on DMC

Fresh Del Monte Produce Trading Down 1.6%

The company has a fifty day simple moving average of $30.52. The company has a current ratio of 2.30, a quick ratio of 1.04 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $1.29 billion, a PE ratio of 15.98 and a beta of 0.25.

Fresh Del Monte Produce (NYSE:DMC – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.04. The firm had revenue of $1.10 billion during the quarter. Fresh Del Monte Produce had a return on equity of 5.96% and a net margin of 1.86%. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $0.69 EPS.

Fresh Del Monte Produce Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Wednesday, November 11th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Tuesday, November 10th. Fresh Del Monte Produce’s payout ratio is presently 169.01%.

Insider Activity

In other Fresh Del Monte Produce news, COO Mohammed Abbas bought 12,000 shares of Fresh Del Monte Produce stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average price of $29.89 per share, with a total value of $358,680.00. Following the acquisition, the chief operating officer owned 71,930 shares in the company, valued at approximately $2,149,987.70. This trade represents a 20.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 30.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC bought a new stake in Fresh Del Monte Produce in the second quarter valued at approximately $26,000. Fortitude Family Office LLC purchased a new position in shares of Fresh Del Monte Produce in the third quarter worth $61,000. Farther Finance Advisors LLC bought a new stake in Fresh Del Monte Produce during the 3rd quarter valued at $84,000. Signaturefd LLC raised its holdings in Fresh Del Monte Produce by 212.0% during the 3rd quarter. Signaturefd LLC now owns 4,374 shares of the company’s stock valued at $131,000 after buying an additional 2,972 shares during the last quarter. Finally, Moss Adams Wealth Advisors LLC purchased a new stake in Fresh Del Monte Produce during the 3rd quarter valued at $201,000. 64.83% of the stock is owned by institutional investors.

Fresh Del Monte Produce Company Profile

(Get Free Report)

Fresh Del Monte Produce Inc is a vertically integrated producer, distributor and marketer of fresh and prepared fruits and vegetables. Its product portfolio includes bananas, pineapples, melons, avocados, berries, grapes, tomatoes and other fresh produce, along with prepared fruit, vegetables, juices and snacks sold under the Del Monte brand and other labels.

The company manages activities across the produce supply chain, including cultivation, sourcing, harvesting, processing, packaging, transportation and distribution.