MGO One Seven LLC bought a new position in shares of Nordson Corporation (NASDAQ:NDSN – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 1,843 shares of the industrial products company’s stock, valued at approximately $443,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NDSN. Roman Butler Fullerton & Co. boosted its holdings in Nordson by 4.2% in the fourth quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company’s stock worth $228,000 after acquiring an additional 38 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of Nordson by 12.0% during the third quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock valued at $98,000 after acquiring an additional 46 shares in the last quarter. Argent Trust Co increased its holdings in shares of Nordson by 3.6% during the third quarter. Argent Trust Co now owns 1,325 shares of the industrial products company’s stock valued at $301,000 after acquiring an additional 46 shares in the last quarter. Norden Group LLC raised its position in shares of Nordson by 4.4% in the 4th quarter. Norden Group LLC now owns 1,199 shares of the industrial products company’s stock valued at $288,000 after purchasing an additional 50 shares during the last quarter. Finally, Private Trust Co. NA boosted its stake in Nordson by 70.8% in the 4th 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. 72.11% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on NDSN shares. Jefferies Financial Group restated a “hold” rating and set a $300.00 price target on shares of Nordson in a research note on Monday, February 23rd. Oppenheimer lifted their price objective on shares of Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. KeyCorp boosted 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. DA Davidson set a $335.00 target price on Nordson in a research note on Monday, February 23rd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research report on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Nordson currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.50.
Insider Activity
In other Nordson news, EVP Justin E. Hall sold 716 shares of Nordson stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total value of $197,487.12. Following the completion of the transaction, the executive vice president owned 1,515 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Joseph P. Kelley sold 8,725 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the completion of the transaction, the executive vice president owned 7,268 shares of the company’s stock, valued at approximately $2,129,814.72. This trade represents a 54.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 77,393 shares of company stock worth $22,549,703 in the last ninety days. Corporate insiders own 0.84% of the company’s stock.
Nordson Stock Up 0.5%
Nordson stock opened at $280.28 on Friday. The business’s 50-day moving average price is $274.64 and its 200 day moving average price is $262.47. The company has a quick ratio of 1.74, a current ratio of 2.72 and a debt-to-equity ratio of 0.63. The firm has a market cap of $15.63 billion, a price-to-earnings ratio of 30.27, a price-to-earnings-growth ratio of 1.88 and a beta of 0.99. Nordson Corporation has a 52 week low of $191.99 and a 52 week high of $305.28.
Nordson (NASDAQ:NDSN – Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.36 by $0.01. The business had revenue of $669.46 million for the quarter, compared to analyst estimates of $652.68 million. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.06 EPS. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, sell-side analysts anticipate that Nordson Corporation will post 11.41 earnings per share for the current year.
Nordson Announces Dividend
The company 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. This represents a $3.28 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is currently 35.42%.
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.
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