Curi Capital LLC raised its stake in shares of Nordson Corporation (NASDAQ:NDSN – Free Report) by 6.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 161,946 shares of the industrial products company’s stock after buying an additional 9,869 shares during the quarter. Nordson comprises about 0.7% of Curi Capital LLC’s investment portfolio, making the stock its 29th biggest position. Curi Capital LLC owned about 0.29% of Nordson worth $34,834,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently made changes to their positions in NDSN. Elevation Point Wealth Partners LLC boosted its position in Nordson by 3.5% during the second quarter. Elevation Point Wealth Partners LLC now owns 1,436 shares of the industrial products company’s stock worth $308,000 after acquiring an additional 48 shares during the last quarter. Ensign Peak Advisors Inc increased its holdings in Nordson by 0.4% in the 2nd quarter. Ensign Peak Advisors Inc now owns 13,931 shares of the industrial products company’s stock valued at $2,986,000 after purchasing an additional 50 shares in the last quarter. Three Seasons Wealth LLC raised its holdings in shares of Nordson by 3.0% during the 2nd quarter. Three Seasons Wealth LLC now owns 1,844 shares of the industrial products company’s stock valued at $397,000 after buying an additional 54 shares during the period. Pinnacle Wealth Planning Services Inc. lifted its position in shares of Nordson by 1.0% during the second quarter. Pinnacle Wealth Planning Services Inc. now owns 6,666 shares of the industrial products company’s stock worth $1,429,000 after purchasing an additional 66 shares in the last quarter. Finally, Aberdeen Group plc lifted its holdings in Nordson by 1.8% in the 1st quarter. Aberdeen Group plc now owns 3,986 shares of the industrial products company’s stock worth $797,000 after buying an additional 70 shares in the last quarter. 72.11% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other Nordson news, EVP James E. Devries sold 9,100 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $233.60, for a total transaction of $2,125,760.00. Following the sale, the executive vice president directly owned 51,223 shares of the company’s stock, valued at approximately $11,965,692.80. This represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Joseph P. Kelley sold 2,200 shares of Nordson stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $240.00, for a total value of $528,000.00. Following the completion of the transaction, the executive vice president directly owned 6,405 shares of the company’s stock, valued at $1,537,200. This represents a 25.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 13,600 shares of company stock worth $3,188,257. 0.80% of the stock is owned by company insiders.
Nordson Stock Up 0.4%
Nordson (NASDAQ:NDSN – Get Free Report) last posted its earnings results on Wednesday, December 10th. The industrial products company reported $3.03 EPS for the quarter, topping the consensus estimate of $2.93 by $0.10. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The firm had revenue of $751.82 million for the quarter, compared to the consensus estimate of $761.03 million. During the same period in the prior year, the business posted $2.78 earnings per share. The business’s quarterly revenue was up 1.0% on a year-over-year basis. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. Equities research analysts forecast that Nordson Corporation will post 10.2 EPS for the current fiscal year.
Nordson Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Wednesday, December 17th will be given a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 17th. Nordson’s dividend payout ratio (DPR) is 38.45%.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on NDSN shares. KeyCorp lifted their price target on shares of Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday. Oppenheimer increased their price target on Nordson from $260.00 to $275.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Nordson in a research note on Wednesday, October 8th. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Robert W. Baird boosted their target price on Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $264.88.
View Our Latest Research Report on NDSN
About Nordson
Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through three segments: Industrial Precision Solutions; Medical and Fluid Solutions; and Advanced Technology Solutions.
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