Mountain Pacific Investment Advisers LLC Sells 95,343 Shares of Nordson Corporation $NDSN

Mountain Pacific Investment Advisers LLC lowered its stake in shares of Nordson Corporation (NASDAQ:NDSNFree Report) by 69.7% in the third quarter, Holdings Channel reports. The firm owned 41,387 shares of the industrial products company’s stock after selling 95,343 shares during the period. Nordson comprises about 1.5% of Mountain Pacific Investment Advisers LLC’s holdings, making the stock its 19th biggest position. Mountain Pacific Investment Advisers LLC’s holdings in Nordson were worth $9,393,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NDSN. Mitchell & Pahl Private Wealth LLC lifted its stake in shares of Nordson by 0.9% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 4,770 shares of the industrial products company’s stock worth $1,083,000 after buying an additional 43 shares during the last quarter. Elevation Point Wealth Partners LLC raised its holdings in Nordson by 3.5% in the 2nd 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 period. Ensign Peak Advisors Inc lifted its position in Nordson by 0.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 13,931 shares of the industrial products company’s stock worth $2,986,000 after acquiring an additional 50 shares during the last quarter. World Investment Advisors boosted its holdings in Nordson by 5.5% during the third quarter. World Investment Advisors now owns 984 shares of the industrial products company’s stock valued at $223,000 after acquiring an additional 51 shares during the period. Finally, CX Institutional grew its position in shares of Nordson by 7.0% in the third quarter. CX Institutional now owns 952 shares of the industrial products company’s stock valued at $216,000 after purchasing an additional 62 shares during the last quarter. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson Price Performance

Shares of NDSN stock opened at $273.10 on Thursday. The stock has a 50 day moving average of $243.71 and a two-hundred day moving average of $231.34. The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56. Nordson Corporation has a 12 month low of $165.03 and a 12 month high of $274.55. The company has a market capitalization of $15.21 billion, a P/E ratio of 32.02, a P/E/G ratio of 1.83 and a beta of 1.02.

Nordson (NASDAQ:NDSNGet Free Report) last released its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.10. The business had revenue of $751.82 million for the quarter, compared to analysts’ expectations of $761.03 million. Nordson had a return on equity of 19.64% and a net margin of 17.35%.Nordson’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.78 earnings per share. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. As a group, equities analysts expect that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 17th were paid a $0.82 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.2%. Nordson’s dividend payout ratio is currently 38.45%.

Analyst Ratings Changes

Several equities analysts recently weighed in on NDSN shares. Robert W. Baird boosted their price objective on Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Vertical Research raised Nordson from a “hold” rating to a “buy” rating and set a $270.00 price target on the stock in a research report on Monday, December 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. KeyCorp increased their price objective on Nordson from $250.00 to $295.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Finally, DA Davidson set a $290.00 target price on shares of Nordson in a research report on Friday, December 12th. Four analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $266.29.

Check Out Our Latest Analysis on Nordson

Insider Activity at Nordson

In other news, EVP James E. Devries sold 9,100 shares of Nordson 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 in the company, valued at approximately $11,965,692.80. The trade was a 15.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.80% of the company’s stock.

About Nordson

(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.

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Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

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