Principal Financial Group Inc. decreased its stake in Nordson Corporation (NASDAQ:NDSN – Free Report) by 6.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 222,519 shares of the industrial products company’s stock after selling 16,163 shares during the quarter. Principal Financial Group Inc.’s holdings in Nordson were worth $59,206,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in NDSN. Private Trust Co. NA lifted 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 buying 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 approximately $31,000. MUFG Securities EMEA plc purchased a new stake in Nordson in the 2nd quarter worth approximately $34,000. Hantz Financial Services Inc. raised its stake 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, Measured Wealth Private Client Group LLC bought a new stake in Nordson during the 4th quarter worth approximately $40,000. Institutional investors own 72.11% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on NDSN. BNP Paribas Exane upped their price target on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. DA Davidson raised their price objective on shares of Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Oppenheimer lifted their target price on shares of Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Finally, Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Nordson has an average rating of “Moderate Buy” and a consensus target price of $311.29.
Nordson Stock Down 1.5%
Shares of NDSN opened at $288.98 on Friday. The business’s 50 day moving average is $288.17 and its 200 day moving average is $279.45. 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 12-month low of $207.08 and a 12-month high of $307.74. The company has a market capitalization of $16.10 billion, a PE ratio of 30.81, a price-to-earnings-growth ratio of 1.95 and a beta of 0.96.
Nordson (NASDAQ:NDSN – Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The business had revenue of $740.85 million during the quarter, compared to the consensus estimate of $728.78 million. During the same period in the prior year, the company posted $2.42 EPS. The firm’s revenue for the quarter 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. Research analysts expect that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.
Nordson Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were issued a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s payout ratio is 34.97%.
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.
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