California State Teachers Retirement System Sells 1,878 Shares of Nordson Corporation $NDSN

Posted by Geri Gentry on Aug 2nd, 2026

California State Teachers Retirement System cut its holdings in Nordson Corporation (NASDAQ:NDSN – Free Report) by 2.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,820 shares of the industrial products company’s stock after selling 1,878 shares during the period. California State Teachers Retirement System’s holdings in Nordson were worth $20,971,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. New York Life Investment Management LLC boosted its holdings in shares of Nordson by 64.9% during the 4th quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock worth $2,895,000 after buying an additional 4,737 shares in the last quarter. UBS Group AG increased its stake in shares of Nordson by 7.3% in the 4th quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock valued at $104,102,000 after acquiring an additional 29,294 shares in the last quarter. Brendel Financial Advisors LLC bought a new stake in shares of Nordson in the 4th quarter valued at $3,646,000. Lecap Asset Management Ltd. acquired a new position in shares of Nordson during the 4th quarter valued at $1,671,000. Finally, Jackson Creek Investment Advisors LLC bought a new position in Nordson during the fourth quarter worth $1,426,000. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson Price Performance

Shares of NDSN opened at $297.78 on Friday. The business’s fifty day moving average is $291.06 and its 200 day moving average is $282.72. Nordson Corporation has a 12-month low of $207.08 and a 12-month high of $307.74. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. The stock has a market cap of $16.59 billion, a P/E ratio of 31.75, a P/E/G ratio of 1.98 and a beta of 0.96.

Nordson (NASDAQ:NDSN – Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $740.85 million during the quarter, compared to analyst estimates of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. Nordson’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. Sell-side analysts anticipate that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Oppenheimer increased their price objective on shares of Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. BNP Paribas Exane raised their target price on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Finally, DA Davidson boosted their target price on Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $311.29.

Check Out Our Latest Analysis on NDSN

Nordson Company 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.