Nordson Corporation $NDSN Shares Acquired by National Pension Service

National Pension Service increased its stake in shares of Nordson Corporation (NASDAQ:NDSN) by 25.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 10,383 shares of the industrial products company’s stock after acquiring an additional 2,113 shares during the period. National Pension Service’s holdings in Nordson were worth $3,132,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NDSN. Sound Financial Strategies Group LLC lifted its position in shares of Nordson by 4.1% during the second quarter. Sound Financial Strategies Group LLC now owns 1,033 shares of the industrial products company’s stock worth $312,000 after purchasing an additional 41 shares in the last quarter. Syon Capital LLC increased its stake in Nordson by 4.0% during the 4th quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock worth $255,000 after buying an additional 41 shares during the period. Hantz Financial Services Inc. lifted 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 worth $37,000 after buying an additional 46 shares in the last quarter. Norinchukin Bank The boosted its position in Nordson by 1.9% in the 3rd quarter. Norinchukin Bank The now owns 3,084 shares of the industrial products company’s stock valued at $700,000 after buying an additional 57 shares during the last quarter. Finally, Wealth Alliance LLC boosted its position in Nordson by 5.0% in the 1st quarter. Wealth Alliance LLC now owns 1,393 shares of the industrial products company’s stock valued at $371,000 after buying an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Price Performance

Shares of NDSN opened at $314.47 on Monday. Nordson Corporation has a 12 month low of $220.47 and a 12 month high of $339.12. The company has a market cap of $17.52 billion, a P/E ratio of 31.80, a PEG ratio of 2.04 and a beta of 0.97. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.82 and a quick ratio of 1.18. The stock has a fifty day moving average price of $306.46 and a 200 day moving average price of $290.23.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.16. The firm had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. Nordson’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the firm posted $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, research analysts forecast that Nordson Corporation will post 11.83 earnings per share for the current year.

Nordson Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Thursday, September 10th will be issued a $0.94 dividend. This is a positive change from Nordson’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $3.76 dividend on an annualized basis and a yield of 1.2%. Nordson’s dividend payout ratio is currently 38.02%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Robert W. Baird lifted their target price on Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Oppenheimer increased their price target on Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a report on Friday, August 21st. BNP Paribas Exane raised their price objective on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. KeyCorp restated a “buy” rating on shares of Nordson in a report on Thursday, August 20th. Finally, Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a research note on Sunday. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Nordson presently has an average rating of “Moderate Buy” and a consensus target price of $326.57.

Insider Activity at Nordson

In other news, EVP Daniel Hopgood sold 1,329 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total transaction of $444,271.41. Following the transaction, the executive vice president directly owned 4,758 shares of the company’s stock, valued at approximately $1,590,551.82. This trade represents a 21.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jennifer L. Mcdonough sold 260 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $336.00, for a total transaction of $87,360.00. Following the completion of the sale, the executive vice president directly owned 6,346 shares of the company’s stock, valued at $2,132,256. The trade was a 3.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.84% of the stock is owned by company insiders.

About Nordson

Nordson Corporation is a global manufacturer of precision dispensing, coating, and fluid-management equipment. Its systems apply adhesives, sealants, coatings, and other materials with controlled accuracy in manufacturing and packaging processes. The company also produces related pumps, valves, nozzles, controls, and inspection technologies.

Nordson serves a broad range of end markets, including packaging, consumer products, electronics, semiconductors, automotive, medical devices, and other industrial applications.