Victory Capital Management (NYSE: DOLE) discloses 4.72% passive stake in Dole
Rhea-AI Filing Summary
Victory Capital Management, Inc. filed Amendment No. 1 to a Schedule 13G reporting its ownership of Dole plc common stock. The firm reports beneficial ownership of 4,494,358 shares, representing 4.72% of the outstanding common stock. It holds sole voting power over 4,462,833 shares and sole dispositive power over 4,494,358 shares, with no shared voting or dispositive power. Victory states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Dole.
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Key Figures
Beneficial ownership: 4,494,358 shares
Percent of class: 4.72%
Sole voting power: 4,462,833 shares
+2 more
5 metrics
Beneficial ownership
4,494,358 shares
Amount of Dole plc common stock beneficially owned by Victory Capital Management, Inc.
Percent of class
4.72%
Percentage of Dole plc common stock class beneficially owned by Victory Capital Management, Inc.
Sole voting power
4,462,833 shares
Shares of Dole plc common stock over which Victory Capital has sole power to vote
Sole dispositive power
4,494,358 shares
Shares of Dole plc common stock over which Victory Capital has sole power to dispose
Signature date
07/24/2026
Date the Schedule 13G/A was signed by the Chief Compliance Officer
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 4,494,358"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"5 | Sole Voting Power 4,462,833.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"7 | Sole Dispositive Power 4,494,358.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"I also undertake to furnish to the Commission staff ... in a Schedule 13D. By signing below I certify ..."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
ordinary course of business financial
"securities referred to above were acquired and are held in the ordinary course of business"
The ordinary course of business means the regular, routine activities a company carries out to operate day-to-day — sales, payroll, supplier orders, customer service and similar predictable tasks. For investors, distinguishing these normal activities from unusual transactions is important because routine actions signal steady operations and predictable cash flow, while departures from the ordinary course (like one‑off deals or emergency costs) can indicate added risk or one-time impacts to earnings, much like household chores versus a sudden home renovation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Dole (DOLE) common stock does Victory Capital Management report owning?
Victory Capital Management reports beneficial ownership of 4.72% of Dole’s common stock, corresponding to 4,494,358 shares. This level of ownership is disclosed in a Schedule 13G/A, which is used for passive, non-control-seeking holdings.
Does Victory Capital Management seek to influence control of Dole (DOLE) with this stake?
Victory Capital Management certifies the Dole shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. It also states they are not held in connection with any control-related transaction.
What type of filing did Victory Capital submit regarding Dole (DOLE)?
Victory Capital filed Amendment No. 1 to a Schedule 13G concerning its ownership of Dole plc common stock. A Schedule 13G is used by certain investors to report significant but passive beneficial ownership positions.