Segall Bryant & Hamill LLC Cuts Stock Position in Nordson Corporation $NDSN

Segall Bryant & Hamill LLC cut its stake in shares of Nordson Corporation (NASDAQ:NDSN) by 5.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 60,902 shares of the industrial products company’s stock after selling 3,189 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Nordson were worth $16,204,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NDSN. New York Life Investment Management LLC increased its stake in shares of Nordson by 64.9% during the fourth quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock worth $2,895,000 after acquiring an additional 4,737 shares during the period. UBS Group AG lifted its position in Nordson by 7.3% in the fourth quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock valued at $104,102,000 after purchasing an additional 29,294 shares during the period. Brendel Financial Advisors LLC purchased a new stake in Nordson in the 4th quarter valued at approximately $3,646,000. Lecap Asset Management Ltd. purchased a new stake in Nordson in the 4th quarter valued at approximately $1,671,000. Finally, Jackson Creek Investment Advisors LLC acquired a new position in Nordson during the 4th quarter worth approximately $1,426,000. 72.11% of the stock is currently owned by hedge funds and other institutional investors.

Nordson Trading Up 0.9%

Shares of Nordson stock opened at $297.78 on Friday. Nordson Corporation has a 12-month low of $207.08 and a 12-month high of $307.74. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. The stock has a market cap of $16.59 billion, a PE ratio of 31.75, a price-to-earnings-growth ratio of 1.98 and a beta of 0.96. The company has a 50-day moving average of $291.06 and a two-hundred day moving average of $282.72.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. The company had revenue of $740.85 million during the quarter, compared to the consensus estimate of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the firm earned $2.42 EPS. 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, research analysts anticipate that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were issued a dividend of $0.82 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.28 annualized dividend and a yield of 1.1%. Nordson’s payout ratio is currently 34.97%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on NDSN shares. Weiss Ratings raised Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. BNP Paribas Exane lifted their price target on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note 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. Finally, Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $311.29.

Nordson Company Profile

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.