DOLE 10% Owner Pale Fire Capital SE Buys $5.8M of Stock
Key Points
- Pale Fire Capital SE bought 438,900 shares of Dole plc on October 21, 2026, worth roughly $5.76 million.
- The transaction increased the 10% owner's position by about 4.5% to total 10,118,840 shares.
- Dole plc pays an annual dividend of $0.34 per share with its next earnings report scheduled for November 9, 2026.
Since the trade, $DOLE is up 3.1% to date (from the $13.11 close on Oct 21, 2026).
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Pale Fire Capital SE bought 438,900 shares of Dole plc DOLE on October 21, 2026, for a total value of about $5.76 million. According to a Form 4 filed with the Securities and Exchange Commission, the 10% owner picked up the shares at an average price of $13.12 each.
Pale Fire Capital SE vs. the S&P 500
Hypothetical returns from Pale Fire Capital SE's disclosed trades, not real profit or advice. How we model this.
Inside Pale Fire Capital's Dole Trade
The large open-market purchase raised the institutional owner's stake by roughly 4.5%, bringing its total holdings to 10,118,840 shares. This transaction follows an earlier purchase of 5,700 shares on October 12, 2026. The trade was executed independently and wasn't part of a pre-arranged Rule 10b5-1 plan.
Other Institutional Activity in Dole
Other major funds adjusted their holdings around mid-2026. River Road Asset Management, LLC reduced its stake by 135,216 shares, ending with 4,559,787 shares valued at $61.65 million. Victory Capital Management Inc. trimmed its position by 589,733 shares down to 4,395,333 shares worth $59.42 million. Two Sigma Investments, LP grew its holdings by 425,101 shares to finish with 2,806,620 shares valued at $37.95 million. Southeastern Asset Management Inc/TN/ cut its stake by 181,577 shares to hold 1,752,155 shares worth $23.69 million.
Dole plc Stock Up 3.1%
Dole shares recently traded around $13.52, sitting up about 3.1% from an event-day closing price of $13.11 on October 21, 2026. The stock trades below its 200-day moving average of $14.34 and sits 18.4% under its 52-week high of $16.57.
Recent Earnings
Dole generated $9.49 billion in trailing twelve-month revenue with earnings of $0.74 per share. The company operates with a net profit margin of 0.6% and a return on equity of 6.9%. Investors can look toward the next earnings release scheduled for November 9, 2026.
Dividend
The farm products company offers an annual dividend rate of $0.34 per share, which translates to a dividend yield of 2.59%. The company maintains a dividend payout ratio of 46.0%.
Insider Buying and Selling at Dole plc
Pale Fire Capital SE previously bought 5,700 shares on October 12, 2026, at an average price of $13.28 for a total of $75,720.51 before making this larger acquisition.
About Dole
Dole plc is a global fresh fruit and vegetable provider headquartered in Dublin, Ireland. The company sources, produces, and distributes bananas, pineapples, avocados, berries, and various local produce through wholesale and retail channels worldwide.
Bottom Line
Investors will watch how institutional ownership evolves as the company approaches its next earnings announcement in November.
Source: Pale Fire Capital SE's Form 4 filing on $DOLE (Oct 21, 2026). Written by software, not financial advice. How we make alerts