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Dole plc Completes Share Offering with No Proceeds to Company

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Dole plc Completes Share Offering with No Proceeds to Company

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Dole ( (DOLE) ) has shared an announcement.

On September 3, 2025, Dole plc entered into an Underwriting Agreement with Castle & Cooke Holdings, Inc., The Murdock Group, LLC, and Goldman Sachs & Co. LLC for a public offering of 11,917,263 ordinary shares by the selling shareholders at $13.25 per share. The offering, which closed on September 5, 2025, was conducted under the company’s automatic shelf registration statement and did not involve the sale of any securities by Dole itself, meaning the company will not receive any proceeds from this transaction.

The most recent analyst rating on (DOLE) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Dole stock, see the DOLE Stock Forecast page.

Spark’s Take on DOLE Stock

According to Spark, TipRanks’ AI Analyst, DOLE is a Neutral.

Dole’s overall score reflects strong earnings performance and strategic moves, but is weighed down by valuation concerns and technical weakness. Financial performance shows growth, yet profitability and cash flow issues need resolution.

To see Spark’s full report on DOLE stock, click here.

More about Dole

Dole plc operates in the agricultural industry, primarily focusing on the production and distribution of fresh fruits and vegetables. The company is known for its wide range of produce offerings and has a significant market presence in both domestic and international markets.

Average Trading Volume: 782,013

Technical Sentiment Signal: Hold

Current Market Cap: $1.27B

For detailed information about DOLE stock, go to TipRanks’ Stock Analysis page.

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