FDP Fresh Del Monte Produce Inc

Fresh Del Monte Produce (FDP) is gaining investor attention due to bullish coverage, an improving balance sheet, and ongoing share buybacks, with its stock trading at a discount to analyst targets and intrinsic value models. The company's fair value is estimated at $46 against a recent close of $37.55, suggesting it is undervalued, driven by expectations of future earnings growth and a projected PE ratio of 17.1x by 2028. Continued strong demand for premium pineapples and expansion into high-margin fresh-cut products are expected to sustain earnings and narrow the valuation gap.

Ghazaleh Mohammad Abu, CEO of Fresh Del Monte Produce (NYSE:FDP), sold 28,558 shares of the company's stock on December 15th for approximately $1.10 million, reducing her stake by 0.57%. The company recently paid a quarterly dividend of $0.30 and reported strong Q3 earnings, beating EPS estimates, though revenue was slightly below expectations. Several analysts currently rate FDP as a "Hold," while institutional investors have adjusted their positions in the company.

Church Brothers Farms has completed its acquisition of Mann Packing from Fresh Del Monte Produce Inc., significantly expanding its retail and value-added vegetable capabilities. This acquisition includes a new 200,000-square-foot facility in Gonzales, CA, and positions Church Brothers as a major supplier of a full range of retail fresh-vegetable offerings. The move also optimizes existing facilities for foodservice growth and aims for full operational integration by April 1, 2026.

Arrowstreet Capital Limited Partnership increased its stake in Fresh Del Monte Produce, Inc. by 17.9%, now holding 483,508 shares valued at $15.68 million, representing about 1.01% of the company. Fresh Del Monte pays an annualized dividend of $1.20, yielding 3.3%, and recently reported Q3 EPS of $0.69, beating estimates. The stock currently has a "Hold" rating from analysts.

Fresh Del Monte Produce Inc. has announced a strategic long-term partnership with THACO Agri of Vietnam to expand its sourcing operations into Southeast Asia for bananas and pineapples. This collaboration aims to enhance supply-chain resilience and modernize production, which could influence the company's investment narrative and long-term stability. While supporting the resilience narrative, the immediate focus remains on margin stability and mitigating risks from global banana industry challenges.

The State Board of Administration of Florida Retirement System decreased its holdings in Fresh Del Monte Produce Inc. by 73.5%, now owning 9,724 shares valued at $315,000. Other institutional investors have adjusted their positions as well, with institutional ownership standing at 64.83%. Analysts currently rate FDP as a "Hold," with the company announcing a recent quarterly dividend of $0.30 per share.