SG Americas Securities LLC grew its position in shares of Nordson Corporation (NASDAQ:NDSN – Free Report) by 774.5% in the 1st quarter, Holdings Channel reports. The firm owned 151,709 shares of the industrial products company’s stock after acquiring an additional 134,361 shares during the quarter. SG Americas Securities LLC’s holdings in Nordson were worth $40,364,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of NDSN. Roman Butler Fullerton & Co. raised its stake in Nordson by 4.2% during the fourth quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company’s stock worth $228,000 after buying an additional 38 shares during the last quarter. Syon Capital LLC boosted its position in Nordson by 4.0% during the fourth quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock valued at $255,000 after acquiring an additional 41 shares during the last quarter. Argent Trust Co boosted its position in 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 during the last quarter. Hantz Financial Services Inc. grew its holdings in Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 46 shares during the period. Finally, Norden Group LLC grew its holdings in Nordson by 4.4% during the 4th quarter. Norden Group LLC now owns 1,199 shares of the industrial products company’s stock worth $288,000 after acquiring an additional 50 shares during the period. 72.11% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. Oppenheimer boosted their price objective on Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. BNP Paribas Exane raised their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. Weiss Ratings lowered Nordson from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 12th. Finally, DA Davidson increased their price target on Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $311.29.
Nordson Trading Down 1.4%
NDSN opened at $291.07 on Wednesday. The company has a fifty day moving average price of $284.39 and a two-hundred day moving average price of $272.94. Nordson Corporation has a 1-year low of $207.08 and a 1-year high of $305.28. The company has a market cap of $16.22 billion, a P/E ratio of 31.03, a price-to-earnings-growth ratio of 1.96 and a beta of 0.97. 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 (NASDAQ:NDSN – Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. The company had revenue of $740.85 million for the quarter, compared to analysts’ expectations of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. Analysts predict that Nordson Corporation will post 11.59 EPS for the current fiscal year.
Nordson Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Thursday, June 18th will be issued a $0.82 dividend. The ex-dividend date is Thursday, June 18th. This represents a $3.28 annualized dividend and a yield of 1.1%. Nordson’s dividend payout ratio is presently 34.97%.
Insider Activity at Nordson
In other news, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction that occurred on 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 directly owned 6,407 shares of the company’s stock, valued at $1,793,960. This represents a 32.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the company’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total value of $197,487.12. Following the transaction, the executive vice president directly owned 1,515 shares in the company, valued at $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.84% of the stock is currently owned by corporate insiders.
Nordson Company Profile
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.
Further Reading
- Five stocks we like better than Nordson
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
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:NDSN – Free Report).
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.
