Northwestern Mutual Wealth Management Co. grew its holdings in shares of Nordson Corporation (NASDAQ:NDSN – Free Report) by 2,513.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,016 shares of the industrial products company’s stock after purchasing an additional 8,671 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Nordson were worth $2,168,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Private Trust Co. NA boosted its position in shares of Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Nordson during the 2nd quarter valued at about $31,000. Root Financial Partners LLC bought a new position in shares of Nordson during the 3rd quarter valued at about $36,000. MUFG Securities EMEA plc bought a new position in shares of Nordson during the 2nd quarter valued at about $34,000. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Nordson by 398.2% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 284 shares of the industrial products company’s stock valued at $64,000 after purchasing an additional 227 shares in the last quarter. Institutional investors own 72.11% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the stock. Oppenheimer raised their price objective on shares of Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Robert W. Baird raised their price objective on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. DA Davidson restated a “buy” rating and set a $335.00 price objective on shares of Nordson in a research report on Thursday, May 21st. Jefferies Financial Group restated a “hold” rating and set a $300.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Finally, Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Nordson presently has a consensus rating of “Moderate Buy” and an average price target of $308.43.
Insider Transactions at Nordson
In other Nordson news, EVP Justin E. Hall sold 716 shares of the company’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total transaction of $197,487.12. Following the completion of the sale, the executive vice president directly owned 1,515 shares of the company’s stock, valued at approximately $417,867.30. This represents a 32.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $280.00, for a total value of $868,000.00. Following the completion of the transaction, the executive vice president owned 6,407 shares in the company, valued at $1,793,960. This 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 currently owned by corporate insiders.
Nordson Price Performance
NDSN stock opened at $287.83 on Wednesday. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. Nordson Corporation has a one year low of $194.68 and a one year high of $305.28. The firm has a market capitalization of $16.04 billion, a PE ratio of 30.69, a P/E/G ratio of 1.94 and a beta of 0.99. The firm has a 50-day moving average of $275.82 and a two-hundred day moving average of $265.22.
Nordson (NASDAQ:NDSN – Get Free Report) last posted 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 company had revenue of $740.85 million during the quarter, compared to analyst estimates of $728.78 million. During the same period in the prior year, the firm earned $2.42 earnings per share. The business’s quarterly 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 11.51 earnings per share for the current year.
Nordson Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th were paid a dividend of $0.82 per share. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $3.28 dividend on an annualized basis and a 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.
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