Dole PLC (NYSE:DOLE) Short Interest Update

30 Mar 2026, 05:02 by Sarita Garza · The Markets Daily

Dole PLC (NYSE:DOLE – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,780,132 shares, an increase of 58.8% from the February 26th total of 1,120,877 shares. Based on an average daily volume of 680,318 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.9% of the shares of the company are short sold.

Hedge Funds Weigh In On Dole

A number of large investors have recently bought and sold shares of the business. Victory Capital Management Inc. grew its holdings in Dole by 30.6% in the third quarter. Victory Capital Management Inc. now owns 4,938,971 shares of the company’s stock valued at $66,380,000 after purchasing an additional 1,155,983 shares during the period. Balyasny Asset Management L.P. acquired a new position in shares of Dole during the 3rd quarter worth approximately $10,924,000. Panview Capital Ltd lifted its position in shares of Dole by 104.6% during the 4th quarter. Panview Capital Ltd now owns 1,431,975 shares of the company’s stock valued at $21,465,000 after buying an additional 731,975 shares in the last quarter. Algert Global LLC grew its stake in Dole by 2,173.6% in the 3rd quarter. Algert Global LLC now owns 595,869 shares of the company’s stock valued at $8,008,000 after acquiring an additional 569,661 shares during the period. Finally, Fort Baker Capital Management LP acquired a new stake in Dole in the 3rd quarter valued at $7,469,000.

Dole Stock Performance

NYSE DOLE traded up $0.16 during mid-day trading on Friday, reaching $14.71. 646,175 shares of the stock were exchanged, compared to its average volume of 779,744. The business’s 50 day moving average is $15.34 and its 200-day moving average is $14.45. Dole has a 1 year low of $12.52 and a 1 year high of $16.57. The company has a market capitalization of $1.40 billion, a P/E ratio of 27.76, a P/E/G ratio of 1.20 and a beta of 0.64. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 1.17.

Dole (NYSE:DOLE – Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Dole had a net margin of 0.56% and a return on equity of 7.81%. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.16 earnings per share. On average, equities research analysts forecast that Dole will post 1.19 EPS for the current fiscal year.

Dole Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 18th will be paid a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, March 18th. Dole’s payout ratio is currently 64.15%.

Analysts Set New Price Targets

A number of brokerages recently commented on DOLE. Weiss Ratings reiterated a “hold (c-)” rating on shares of Dole in a research report on Monday, December 29th. Wall Street Zen cut shares of Dole from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $16.00.

Read Our Latest Stock Analysis on Dole

About Dole

(Get Free Report)

Dole plc is a global producer, marketer and distributor of fresh fruits and vegetables. The company’s product range includes bananas, pineapples, berries, grapes, salads and a variety of other fresh and packaged produce, sold under the Dole brand and through private-label arrangements. Dole’s operations span the full fresh-produce value chain, from farming and sourcing to packing, ripening, cold‑chain logistics and wholesale and retail distribution, supporting both retail grocery and foodservice customers.