Nomad Foods (NYSE:NOMD) Shares Gap Up – Still a Buy?

Posted by George Bondi on Sep 26th, 2026

Nomad Foods Limited (NYSE:NOMD – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $10.50, but opened at $10.77. Nomad Foods shares last traded at $10.6910, with a volume of 37,218 shares.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Barclays boosted their price target on Nomad Foods from $12.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Zacks Research downgraded shares of Nomad Foods from a “hold” rating to a “strong sell” rating in a research report on Monday, August 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 price objective on shares of Nomad Foods in a research note on Tuesday, July 21st. Weiss Ratings upgraded shares of Nomad Foods from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 2nd. Finally, BTIG Research reissued a “buy” rating and set a $15.00 target price on shares of Nomad Foods in a research note on Friday, August 14th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Nomad Foods presently has an average rating of “Hold” and a consensus price target of $13.25.

Read Our Latest Research Report on Nomad Foods

Nomad Foods Price Performance

The business has a 50-day moving average of $11.56 and a 200 day moving average of $10.64. The company has a current ratio of 1.10, a quick ratio of 0.66 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $1.49 billion, a P/E ratio of 10.42 and a beta of 0.69.

Nomad Foods (NYSE:NOMD – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.08. Nomad Foods had a return on equity of 8.88% and a net margin of 4.20%.The business had revenue of $825.94 million for the quarter, compared to analyst estimates of $825.02 million. During the same quarter in the prior year, the company earned $0.40 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. Nomad Foods has set its FY 2026 guidance at 1.604-1.779 EPS. On average, sell-side analysts predict that Nomad Foods Limited will post 1.63 earnings per share for the current fiscal year.

Nomad Foods Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Tuesday, August 11th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date was Tuesday, August 11th. Nomad Foods’s dividend payout ratio (DPR) is currently 66.67%.

Insider Buying and Selling at Nomad Foods

In other Nomad Foods news, CFO Ruben Baldew acquired 28,290 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were purchased at an average cost of $11.85 per share, with a total value of $335,236.50. Following the completion of the purchase, the chief financial officer owned 367,172 shares of the company’s stock, valued at approximately $4,350,988.20. This represents a 8.35% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Dominic Brisby acquired 50,000 shares of Nomad Foods stock in a transaction dated Monday, August 24th. The shares were acquired at an average price of $12.38 per share, with a total value of $619,000.00. Following the completion of the acquisition, the chief executive officer directly owned 726,794 shares of the company’s stock, valued at approximately $8,997,709.72. The trade was a 7.39% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 17.27% of the company’s stock.

Institutional Investors Weigh In On Nomad Foods

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Fox Run Management L.L.C. bought a new position in Nomad Foods during the 4th quarter valued at $955,000. PYA Waltman Capital LLC lifted its position in shares of Nomad Foods by 58.8% during the 4th quarter. PYA Waltman Capital LLC now owns 433,979 shares of the company’s stock worth $5,429,000 after buying an additional 160,728 shares in the last quarter. Endure Capital Management LLC purchased a new position in shares of Nomad Foods in the 1st quarter worth approximately $4,236,000. Invenomic Capital Management LP boosted its stake in shares of Nomad Foods by 75.9% in the 4th quarter. Invenomic Capital Management LP now owns 1,675,263 shares of the company’s stock worth $20,958,000 after buying an additional 722,995 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of Nomad Foods in the first quarter valued at approximately $3,029,000. Institutional investors and hedge funds own 75.26% of the company’s stock.

Nomad Foods Company Profile

(Get Free Report)

Nomad Foods is a European food company focused on the frozen-food market. Its portfolio includes frozen fish, vegetables, meals, poultry products, potato products and ice cream, which it sells through retail and foodservice channels.

The company’s principal brands include Birds Eye in the United Kingdom and other markets, Findus in several European countries, and iglo in Germany, Austria and other parts of continental Europe. Its portfolio also includes Aunt Bessie’s and Goodfella’s, among other regional brands.

Nomad Foods was formed in 2014 and acquired the Iglo Group, including the Birds Eye, Findus and iglo businesses, in 2015.