Thompson Siegel & Walmsley LLC Buys 56,142 Shares of Nomad Foods Limited $NOMD

Thompson Siegel & Walmsley LLC raised its stake in Nomad Foods Limited (NYSE:NOMD) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,310,023 shares of the company’s stock after acquiring an additional 56,142 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.85% of Nomad Foods worth $16,388,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of NOMD. WealthCollab LLC raised its holdings in Nomad Foods by 242.0% in the 4th quarter. WealthCollab LLC now owns 2,052 shares of the company’s stock valued at $26,000 after acquiring an additional 1,452 shares during the period. SBI Securities Co. Ltd. grew its position in shares of Nomad Foods by 469.6% during the 4th quarter. SBI Securities Co. Ltd. now owns 2,421 shares of the company’s stock worth $30,000 after purchasing an additional 1,996 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in shares of Nomad Foods during the 3rd quarter worth approximately $43,000. Mondrian Investment Partners LTD acquired a new position in shares of Nomad Foods during the 3rd quarter worth approximately $44,000. Finally, Osaic Holdings Inc. grew its position in shares of Nomad Foods by 87.4% during the 2nd quarter. Osaic Holdings Inc. now owns 2,658 shares of the company’s stock worth $45,000 after purchasing an additional 1,240 shares in the last quarter. 75.26% of the stock is owned by institutional investors.

Nomad Foods Stock Performance

NYSE NOMD opened at $10.15 on Monday. The company has a current ratio of 1.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 9.85 and a beta of 0.70. The firm’s 50 day simple moving average is $9.77 and its 200 day simple moving average is $11.23. Nomad Foods Limited has a 1 year low of $8.99 and a 1 year high of $18.33.

Nomad Foods (NYSE:NOMD) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.06. The business had revenue of $827.87 million for the quarter, compared to analyst estimates of $804.00 million. Nomad Foods had a net margin of 4.43% and a return on equity of 9.05%. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter last year, the business posted $0.21 EPS. Nomad Foods has set its FY 2026 guidance at 1.720-1.900 EPS. As a group, research analysts expect that Nomad Foods Limited will post 1.76 earnings per share for the current fiscal year.

Nomad Foods Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Tuesday, May 12th were given a dividend of $0.17 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.68 annualized dividend and a dividend yield of 6.7%. Nomad Foods’s dividend payout ratio (DPR) is currently 66.02%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NOMD. Mizuho decreased their target price on shares of Nomad Foods from $15.00 to $13.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 3rd. Zacks Research upgraded shares of Nomad Foods from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Weiss Ratings lowered shares of Nomad Foods from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, May 26th. Barclays decreased their target price on shares of Nomad Foods from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Finally, BTIG Research restated a “buy” rating and set a $15.00 target price on shares of Nomad Foods in a research report on Wednesday, May 13th. Three investment 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. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $12.50.

Insider Buying and Selling

In other news, Director Ian G. H. Ashken purchased 100,000 shares of Nomad Foods 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 transaction, the director owned 116,916 shares of the company’s stock, valued at approximately $1,067,443.08. The trade was a 591.16% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Ruben Baldew purchased 14,731 shares of Nomad Foods stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average price of $9.71 per share, for a total transaction of $143,038.01. Following the transaction, the chief financial officer directly owned 338,882 shares in the company, valued at $3,290,544.22. This represents a 4.54% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have bought 264,731 shares of company stock worth $2,524,538.

Nomad Foods Company 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.