OP Asset Management Ltd Invests $1.56 Million in Nordson Corporation $NDSN

OP Asset Management Ltd bought a new stake in Nordson Corporation (NASDAQ:NDSN) during the 1st quarter, HoldingsChannel reports. The fund bought 5,866 shares of the industrial products company’s stock, valued at approximately $1,561,000.

A number of other institutional investors and hedge funds have also made changes to their positions in NDSN. Private Trust Co. NA raised its holdings in Nordson by 70.8% during the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Nordson in the 2nd quarter valued at approximately $31,000. Hantz Financial Services Inc. boosted its holdings in Nordson by 43.4% in the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 46 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in Nordson during the 2nd quarter worth approximately $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Nordson during the 4th quarter worth approximately $40,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Nordson

In related news, EVP Justin E. Hall sold 716 shares of Nordson stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total transaction of $197,487.12. Following the completion of the transaction, the executive vice president directly owned 1,515 shares in the company, valued at $417,867.30. The trade was a 32.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Srinivas Subramanian sold 3,100 shares of the stock in a transaction on Friday, April 17th. The shares were sold at an average price of $280.00, for a total value of $868,000.00. Following the sale, the executive vice president owned 6,407 shares in the company, valued at approximately $1,793,960. This trade represents a 32.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.84% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NDSN. BNP Paribas Exane raised their price target on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Oppenheimer upped their price objective on Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. DA Davidson increased their price objective on Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Weiss Ratings downgraded Nordson from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 12th. Finally, Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Nordson has an average rating of “Moderate Buy” and a consensus price target of $311.29.

Nordson Stock Performance

Shares of NDSN stock opened at $301.47 on Monday. The stock has a market cap of $16.80 billion, a P/E ratio of 32.14, a P/E/G ratio of 2.00 and a beta of 0.97. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. Nordson Corporation has a fifty-two week low of $207.08 and a fifty-two week high of $307.74. The business has a fifty day simple moving average of $285.79 and a 200-day simple moving average of $274.28.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm had revenue of $740.85 million for the quarter, compared to analysts’ expectations of $728.78 million. During the same period in the prior year, the company earned $2.42 EPS. The firm’s revenue was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. On average, analysts forecast that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Thursday, June 18th will be given a $0.82 dividend. The ex-dividend date is Thursday, June 18th. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. Nordson’s dividend payout ratio is currently 34.97%.

About Nordson

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.