Ahmad Abu-Ghazaleh Purchases 4,000 Shares of Fresh Del Monte Produce (NYSE:FDP) Stock

Posted by Francis Steltz on Jun 17th, 2026

Fresh Del Monte Produce, Inc. (NYSE:FDP – Get Free Report) Director Ahmad Abu-Ghazaleh acquired 4,000 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were bought at an average cost of $29.41 per share, with a total value of $117,640.00. Following the completion of the acquisition, the director owned 4,000 shares in the company, valued at $117,640. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Fresh Del Monte Produce Price Performance

Shares of FDP stock opened at $28.99 on Wednesday. The firm has a market cap of $1.38 billion, a P/E ratio of 19.99 and a beta of 0.22. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.34 and a quick ratio of 1.10. Fresh Del Monte Produce, Inc. has a 1-year low of $28.13 and a 1-year high of $43.58. The firm has a fifty day moving average of $35.96 and a two-hundred day moving average of $37.93.

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

Fresh Del Monte Produce Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Tuesday, May 19th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Tuesday, May 19th. Fresh Del Monte Produce’s dividend payout ratio (DPR) is currently 82.76%.

Analysts Set New Price Targets

FDP has been the subject of several recent analyst reports. Weiss Ratings lowered shares of Fresh Del Monte Produce from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Wall Street Zen lowered shares of Fresh Del Monte Produce from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Get Our Latest Research Report on FDP

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FDP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Fresh Del Monte Produce by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,090 shares of the company’s stock valued at $619,000 after buying an additional 879 shares during the period. Millennium Management LLC boosted its holdings in shares of Fresh Del Monte Produce by 1,647.2% in the 1st quarter. Millennium Management LLC now owns 596,496 shares of the company’s stock valued at $18,390,000 after buying an additional 562,356 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Fresh Del Monte Produce by 10.7% in 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 valued at $2,926,000 after buying an additional 9,202 shares during the period. Jane Street Group LLC boosted its holdings in shares of Fresh Del Monte Produce by 2,889.0% in the 1st quarter. Jane Street Group LLC now owns 122,716 shares of the company’s stock valued at $3,783,000 after buying an additional 127,116 shares during the period. Finally, Prudential Financial Inc. lifted its position in Fresh Del Monte Produce by 25.4% in the 2nd quarter. Prudential Financial Inc. now owns 9,016 shares of the company’s stock valued at $292,000 after purchasing an additional 1,829 shares during the last quarter. 64.83% of the stock is owned by institutional investors and hedge funds.

About Fresh Del Monte Produce

(Get 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.