3,112 Shares in Nordson Corporation $NDSN Bought by MQS Management LLC

MQS Management LLC bought a new position in shares of Nordson Corporation (NASDAQ:NDSNFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,112 shares of the industrial products company’s stock, valued at approximately $748,000.

Several other institutional investors have also recently made changes to their positions in the business. ABN Amro Investment Solutions purchased a new position in shares of Nordson during the fourth quarter worth $678,000. PNC Financial Services Group Inc. increased its holdings in Nordson by 4.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 17,822 shares of the industrial products company’s stock valued at $4,285,000 after buying an additional 749 shares in the last quarter. North Dakota State Investment Board purchased a new position in Nordson in the fourth quarter valued at $446,000. Canada Post Corp Registered Pension Plan increased its holdings in Nordson by 31.1% in the fourth quarter. Canada Post Corp Registered Pension Plan now owns 1,180 shares of the industrial products company’s stock valued at $284,000 after buying an additional 280 shares in the last quarter. Finally, AlphaCore Capital LLC purchased a new position in Nordson in the fourth quarter valued at $373,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on NDSN shares. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Jefferies Financial Group reaffirmed a “hold” rating and issued a $300.00 price objective on shares of Nordson in a report on Monday, February 23rd. BNP Paribas Exane lifted their price objective on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a report on Friday. KeyCorp lifted their price objective on shares of Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a report on Friday, March 27th. Four analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $308.43.

Read Our Latest Report on NDSN

Insider Buying and Selling at Nordson

In related news, EVP Justin E. Hall sold 716 shares of the business’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total transaction of $197,487.12. Following the transaction, the executive vice president directly owned 1,515 shares in the company, valued at approximately $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Sundaram Nagarajan sold 41,800 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the transaction, the chief executive officer owned 64,824 shares in the company, valued at $19,010,286.24. The trade was a 39.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 77,393 shares of company stock valued at $22,549,703. Insiders own 0.84% of the company’s stock.

Nordson Stock Up 1.1%

NDSN stock opened at $289.90 on Friday. The stock has a market capitalization of $16.17 billion, a P/E ratio of 30.91, a P/E/G ratio of 1.92 and a beta of 0.99. The firm has a 50-day simple moving average of $274.97 and a 200-day simple moving average of $264.17. The company has a quick ratio of 1.74, a current ratio of 2.60 and a debt-to-equity ratio of 0.57. Nordson Corporation has a 52 week low of $191.99 and a 52 week high of $305.28.

Nordson (NASDAQ:NDSNGet Free Report) last released its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. The business had revenue of $740.85 million during the quarter, compared to analysts’ expectations of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.42 earnings per share. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Equities analysts forecast that Nordson Corporation will post 11.47 earnings per share for the current fiscal year.

Nordson Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Thursday, March 19th were given a dividend of $0.82 per share. The ex-dividend date was Thursday, March 19th. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. Nordson’s payout ratio is presently 35.42%.

Nordson Profile

(Free Report)

Nordson Corporation designs, manufactures and markets precision dispensing equipment and systems that apply adhesives, coatings, sealants and polymers in a broad range of industrial and medical applications. The company’s portfolio spans fluid systems, curing and surface preparation technologies, vacuum and thermal management products, and advanced test and inspection solutions. Nordson’s offerings serve critical manufacturing processes by delivering exacting dispensing accuracy and process control to ensure consistent product performance and high production throughput.

Nordson operates through multiple segments that cater to diverse markets including electronics, packaging, medical, energy, automotive and general industrial sectors.

See Also

Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

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