Nomura (NYSE:NMR – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.
NMR has been the topic of several other reports. Nomura raised shares of Nomura to a “buy” rating and set a $10.20 price objective on the stock in a research note on Thursday, June 25th. Weiss Ratings raised Nomura from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 17th. Finally, Bank of America upgraded Nomura from a “neutral” rating to a “buy” rating and set a $10.20 price objective for the company in a research report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Nomura has an average rating of “Buy” and a consensus target price of $10.20.
Nomura Trading Down 1.3%
Nomura (NYSE:NMR – Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter. Nomura had a return on equity of 10.44% and a net margin of 8.09%.The firm had revenue of $4.19 billion for the quarter. Analysts expect that Nomura will post 0.93 earnings per share for the current year.
Hedge Funds Weigh In On Nomura
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in shares of Nomura by 37.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 236,717 shares of the financial services provider’s stock worth $1,721,000 after purchasing an additional 63,994 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in Nomura by 236.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 166,873 shares of the financial services provider’s stock valued at $1,317,000 after buying an additional 117,233 shares during the last quarter. M&T Bank Corp increased its position in Nomura by 254.7% during the fourth quarter. M&T Bank Corp now owns 126,114 shares of the financial services provider’s stock worth $1,058,000 after buying an additional 90,559 shares in the last quarter. Fisher Asset Management LLC increased its position in Nomura by 32.4% during the fourth quarter. Fisher Asset Management LLC now owns 13,151,514 shares of the financial services provider’s stock worth $110,341,000 after buying an additional 3,221,008 shares in the last quarter. Finally, SG Trading Solutions LLC acquired a new position in shares of Nomura in the fourth quarter worth $681,000. Institutional investors and hedge funds own 15.14% of the company’s stock.
Trending Headlines about Nomura
Here are the key news stories impacting Nomura this week:
- Positive Sentiment: Nomura reported quarterly earnings of $0.30 per ADR, beating the $0.23 consensus estimate by $0.07. Revenue of $4.19 billion also exceeded expectations of $3.49 billion, providing a significant earnings and sales surprise. Nomura Holdings earnings report
- Positive Sentiment: Coverage of Nomura’s fiscal 2027 first-quarter call highlighted record recurring revenue and strong performance, suggesting momentum in its core businesses. Nomura Q1 2027 earnings call highlights
- Positive Sentiment: NMR was added to Zacks’ Rank #1 (Strong Buy) momentum stocks list, potentially attracting interest from quantitative and momentum-focused investors. Zacks best momentum stocks
- Positive Sentiment: Nomura also appeared on Zacks’ Rank #1 value stocks list, reinforcing the view that the shares offer attractive valuation characteristics after the earnings update. Zacks best value stocks
- Negative Sentiment: The Nikkei gained overall, but financial shares declined as electronics stocks led the market. That sector weakness may be contributing to short-term pressure on Nomura despite its company-specific earnings strength. Nikkei rises led by electronics stocks
About Nomura
Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.
Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.
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