Dole plc (DOLE) reported second-quarter 2026 revenue of $2.499 billion, up 2.9% from $2.428 billion a year earlier. Net income rose to $35.1 million from $18.0 million, and diluted EPS was $0.27 compared with $0.10 in the prior-year quarter.
The company said profitability was affected by anticipated Fresh Fruit cost pressures, while Diversified Fresh Produce - Americas & ROW delivered a stronger result. Dole also said it completed the sale of a port in Ecuador after quarter-end for expected net proceeds of about $95 million and completed the acquisition of Greenfood Fresh Produce division in Scandinavia.
- Second-quarter revenue increased 2.9%, or $71.0 million.
- Net income attributable to Dole plc was $26.0 million, up from $10.0 million a year earlier.
- Adjusted EBITDA was $116.8 million, down from $137.1 million.
- Dole declared a second-quarter cash dividend of $0.085 per share, payable October 7, 2026.
- The company repurchased 719,290 shares during the quarter for $10.0 million.
- Dole is targeting full-year 2026 Adjusted EBITDA of approximately $400 million.
$DOLE Hedge Fund Activity
We have seen 101 institutional investors add shares of $DOLE stock to their portfolio, and 100 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA INVESTMENTS, LP added 1,354,149 shares (+131.8%) to their portfolio in Q1 2026, for an estimated $19,350,789
- BLACKROCK, INC. added 982,189 shares (+23.0%) to their portfolio in Q2 2026, for an estimated $13,475,633
- ACADIAN ASSET MANAGEMENT LLC removed 820,651 shares (-67.1%) from their portfolio in Q1 2026, for an estimated $11,727,102
- QUBE RESEARCH & TECHNOLOGIES LTD added 728,340 shares (+509.6%) to their portfolio in Q1 2026, for an estimated $10,407,978
- ATLANTIC INVESTMENT MANAGEMENT, INC. added 675,948 shares (+inf%) to their portfolio in Q1 2026, for an estimated $9,659,296
- DIMENSIONAL FUND ADVISORS LP added 659,892 shares (+15.2%) to their portfolio in Q1 2026, for an estimated $9,429,856
- UBS GROUP AG added 626,094 shares (+446.5%) to their portfolio in Q1 2026, for an estimated $8,946,883
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.