Nomad Foods Limited $NOMD Shares Acquired by PYA Waltman Capital LLC

PYA Waltman Capital LLC lifted its stake in shares of Nomad Foods Limited (NYSE:NOMD) by 58.8% during the fourth quarter, Holdings Channel reports. The firm owned 433,979 shares of the company’s stock after buying an additional 160,728 shares during the period. Nomad Foods comprises about 1.5% of PYA Waltman Capital LLC’s holdings, making the stock its 15th largest position. PYA Waltman Capital LLC’s holdings in Nomad Foods were worth $5,429,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. WealthCollab LLC increased its stake in shares of Nomad Foods by 242.0% in the fourth quarter. WealthCollab LLC now owns 2,052 shares of the company’s stock valued at $26,000 after purchasing an additional 1,452 shares during the period. SBI Securities Co. Ltd. increased its stake in shares of Nomad Foods by 469.6% in the fourth quarter. SBI Securities Co. Ltd. now owns 2,421 shares of the company’s stock valued at $30,000 after purchasing an additional 1,996 shares during the period. Johnson Financial Group Inc. acquired a new stake in shares of Nomad Foods in the third quarter valued at approximately $43,000. Mondrian Investment Partners LTD acquired a new stake in shares of Nomad Foods in the third quarter valued at approximately $44,000. Finally, Osaic Holdings Inc. increased its stake in shares of Nomad Foods by 87.4% in the second quarter. Osaic Holdings Inc. now owns 2,658 shares of the company’s stock valued at $45,000 after purchasing an additional 1,240 shares during the period. Institutional investors and hedge funds own 75.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on NOMD. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $10.00 price target (down from $15.00) on shares of Nomad Foods in a research note on Monday, March 30th. Mizuho reduced their price objective on shares of Nomad Foods from $15.00 to $13.00 and set an “outperform” rating for the company in a report on Tuesday, March 3rd. Zacks Research raised shares of Nomad Foods from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings downgraded shares of Nomad Foods from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, May 26th. Finally, Barclays reduced their price objective on shares of Nomad Foods from $13.00 to $12.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Nomad Foods has a consensus rating of “Hold” and a consensus price target of $12.50.

Insider Activity at Nomad Foods

In related news, Director Ian G. H. Ashken acquired 100,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average price of $9.13 per share, for a total transaction of $913,000.00. Following the completion of the purchase, the director directly owned 116,916 shares of the company’s stock, valued at $1,067,443.08. The trade was a 591.16% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Dominic Brisby acquired 150,000 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average price of $9.79 per share, for a total transaction of $1,468,500.00. Following the purchase, the chief executive officer directly owned 676,794 shares of the company’s stock, valued at approximately $6,625,813.26. This trade represents a 28.47% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 264,731 shares of company stock worth $2,524,538 over the last quarter.

Nomad Foods Price Performance

NYSE NOMD opened at $10.47 on Monday. Nomad Foods Limited has a 12 month low of $8.99 and a 12 month high of $18.33. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.06 and a quick ratio of 0.66. The firm has a market capitalization of $1.46 billion, a PE ratio of 10.16 and a beta of 0.70. The company’s 50 day simple moving average is $9.86 and its 200 day simple moving average is $11.08.

Nomad Foods (NYSE:NOMD) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06. Nomad Foods had a net margin of 4.43% and a return on equity of 9.05%. The business had revenue of $827.87 million for the quarter, compared to analyst estimates of $804.00 million. During the same quarter last year, the business earned $0.21 earnings per share. The business’s revenue for the quarter was down 5.9% on a year-over-year basis. Nomad Foods has set its FY 2026 guidance at 1.720-1.900 EPS. As a group, equities research analysts forecast that Nomad Foods Limited will post 1.75 EPS for the current fiscal year.

Nomad Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Tuesday, May 12th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date was Tuesday, May 12th. Nomad Foods’s dividend payout ratio (DPR) is currently 66.02%.

Nomad Foods Profile

Nomad Foods Limited is a leading frozen foods company headquartered in the United Kingdom, operating under the ticker symbol NOMD on the New York Stock Exchange. The company’s portfolio comprises well-known consumer brands such as Birds Eye, iglo, Findus, Goodfella’s and Aunt Bessie’s, covering a wide range of categories including vegetables, seafood, ready meals, pizzas and desserts. Nomad Foods focuses on delivering convenient, high-quality frozen products designed to meet evolving consumer preferences for taste, nutrition and ease of preparation.

Formed in 2015 through the acquisition of Iglo Group by investment firms Permira and Goldman Sachs Asset Management, Nomad Foods was created with the strategy of building Europe’s largest frozen foods platform.