Fox Run Management L.L.C. Invests $955,000 in Nomad Foods Limited $NOMD

Posted by Brian Himes on Jun 11th, 2026

Fox Run Management L.L.C. purchased a new position in shares of Nomad Foods Limited (NYSE:NOMD – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm purchased 76,308 shares of the company’s stock, valued at approximately $955,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Alliancebernstein L.P. raised its stake in shares of Nomad Foods by 0.4% during the 2nd quarter. Alliancebernstein L.P. now owns 7,330,537 shares of the company’s stock worth $124,546,000 after purchasing an additional 27,177 shares in the last quarter. Royce & Associates LP raised its stake in shares of Nomad Foods by 1.3% during the 4th quarter. Royce & Associates LP now owns 2,484,858 shares of the company’s stock worth $31,086,000 after purchasing an additional 33,052 shares in the last quarter. Ruffer LLP purchased a new stake in shares of Nomad Foods during the 4th quarter worth about $26,823,000. Wellington Management Group LLP raised its stake in shares of Nomad Foods by 7.3% during the 3rd quarter. Wellington Management Group LLP now owns 1,713,601 shares of the company’s stock worth $22,534,000 after purchasing an additional 117,089 shares in the last quarter. Finally, Systematic Financial Management LP raised its stake in shares of Nomad Foods by 2.6% during the 4th quarter. Systematic Financial Management LP now owns 1,603,822 shares of the company’s stock worth $20,064,000 after purchasing an additional 40,804 shares in the last quarter. 75.26% of the stock is owned by hedge funds and other institutional investors.

Nomad Foods Price Performance

Shares of NOMD stock opened at $10.34 on Thursday. The stock has a 50 day moving average of $9.82 and a two-hundred day moving average of $11.11. The company has a current ratio of 1.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.91. Nomad Foods Limited has a 12 month low of $8.99 and a 12 month high of $18.33. The company has a market capitalization of $1.44 billion, a P/E ratio of 10.03 and a beta of 0.70.

Nomad Foods (NYSE:NOMD – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06. Nomad Foods had a return on equity of 9.05% and a net margin of 4.43%.The company had revenue of $827.87 million during the quarter, compared to the consensus estimate of $804.00 million. During the same quarter last year, the company earned $0.21 EPS. The company’s quarterly revenue 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 analysts expect that Nomad Foods Limited will post 1.75 EPS for the current year.

Nomad Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Tuesday, May 12th were given a $0.17 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.6%. Nomad Foods’s dividend payout ratio (DPR) is currently 66.02%.

Insiders Place Their Bets

In other news, CFO Ruben Baldew acquired 14,731 shares of Nomad Foods stock in a transaction on Thursday, May 14th. The stock was bought at an average price of $9.71 per share, for a total transaction of $143,038.01. Following the transaction, the chief financial officer owned 338,882 shares of the company’s stock, valued at $3,290,544.22. The trade was a 4.54% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ian G. H. Ashken acquired 100,000 shares of Nomad Foods stock in a transaction on Wednesday, May 13th. The stock was purchased at an average price of $9.13 per share, with a total value of $913,000.00. Following the transaction, the director directly owned 116,916 shares in the company, valued at approximately $1,067,443.08. This trade represents a 591.16% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders bought 264,731 shares of company stock worth $2,524,538. 17.27% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on NOMD. Barclays cut their price target on Nomad Foods from $13.00 to $12.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $10.00 price target (down from $15.00) on shares of Nomad Foods in a research note on Monday, March 30th. Zacks Research raised Nomad Foods from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings lowered Nomad Foods from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, May 26th. Finally, BTIG Research reissued a “buy” rating and set a $15.00 price objective on shares of Nomad Foods in a report on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $12.50.

Read Our Latest Stock Analysis on NOMD

Nomad Foods Profile

(Free Report)

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.