Reflection Asset Management Buys Shares of 6,073 Nordson Corporation $NDSN

Reflection Asset Management purchased a new position in Nordson Corporation (NASDAQ:NDSNFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,073 shares of the industrial products company’s stock, valued at approximately $1,460,000. Nordson comprises about 1.0% of Reflection Asset Management’s holdings, making the stock its 24th largest holding.

Other large investors also recently made changes to their positions in the company. Private Trust Co. NA increased its holdings 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 acquiring an additional 51 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Nordson in the 2nd quarter worth approximately $31,000. Hantz Financial Services Inc. boosted its position in Nordson by 43.4% during the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 46 shares during the period. MUFG Securities EMEA plc bought a new stake in Nordson during the second quarter worth approximately $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Nordson during the fourth quarter valued at approximately $40,000. Institutional investors own 72.11% of the company’s stock.

Insider Buying and Selling at Nordson

In other Nordson news, EVP Justin E. Hall sold 716 shares of the firm’s 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 sale, the executive vice president directly owned 1,515 shares in the company, valued at $417,867.30. This trade represents a 32.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Srinivas Subramanian sold 3,100 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $280.00, for a total transaction of $868,000.00. Following the transaction, the executive vice president owned 6,407 shares in the company, valued at approximately $1,793,960. The trade was a 32.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.84% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on NDSN. Weiss Ratings lowered shares of Nordson from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 12th. Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 price objective on shares of Nordson in a report on Monday, February 23rd. BNP Paribas Exane raised their target price on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Wall Street Zen upgraded shares of Nordson from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. Finally, DA Davidson boosted their target price on shares of Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Nordson currently has a consensus rating of “Moderate Buy” and an average price target of $311.29.

Read Our Latest Research Report on Nordson

Nordson Stock Performance

NDSN opened at $295.92 on Friday. 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’s 50 day moving average price is $283.70 and its two-hundred day moving average price is $271.90. The firm has a market capitalization of $16.49 billion, a P/E ratio of 31.55, a price-to-earnings-growth ratio of 1.96 and a beta of 0.97. Nordson Corporation has a 12-month low of $207.08 and a 12-month high of $305.28.

Nordson (NASDAQ:NDSNGet Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.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 previous year, the company earned $2.42 earnings per share. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. 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, equities analysts forecast that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, June 18th. Nordson’s dividend payout ratio is presently 34.97%.

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.

See Also

Want to see what other hedge funds are holding NDSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nordson Corporation (NASDAQ:NDSNFree Report).

Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

Receive News & Ratings for Nordson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordson and related companies with MarketBeat.com's FREE daily email newsletter.