GW&K Investment Management LLC Trims Stock Holdings in Nordson Corporation $NDSN

GW&K Investment Management LLC decreased its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 361,428 shares of the industrial products company’s stock after selling 14,808 shares during the quarter. Nordson comprises approximately 0.7% of GW&K Investment Management LLC’s portfolio, making the stock its 27th biggest holding. GW&K Investment Management LLC owned approximately 0.64% of Nordson worth $82,027,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. CYBER HORNET ETFs LLC purchased a new position in shares of Nordson in the second quarter valued at $31,000. Quent Capital LLC purchased a new stake in Nordson during the 3rd quarter worth about $32,000. NewSquare Capital LLC boosted its stake in Nordson by 212.0% in the 2nd quarter. NewSquare Capital LLC now owns 156 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 106 shares during the period. MUFG Securities EMEA plc purchased a new position in Nordson during the 2nd quarter valued at about $34,000. Finally, Root Financial Partners LLC purchased a new position in Nordson during the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on NDSN shares. Jefferies Financial Group reissued a “hold” rating and issued a $300.00 price target on shares of Nordson in a report on Monday, February 23rd. DA Davidson set a $335.00 target price on shares of Nordson in a research note on Monday, February 23rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. Robert W. Baird upped their price target on shares of Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Finally, Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.50.

Insider Activity

In related news, EVP Joseph P. Kelley sold 23,052 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $289.31, for a total transaction of $6,669,174.12. Following the transaction, the executive vice president directly owned 7,559 shares of the company’s stock, valued at approximately $2,186,894.29. This trade represents a 75.31% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sundaram Nagarajan sold 41,800 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total value of $12,258,268.00. Following the completion of the sale, the chief executive officer owned 64,824 shares of the company’s stock, valued at $19,010,286.24. The trade was a 39.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 73,577 shares of company stock worth $21,484,216 over the last quarter. Corporate insiders own 0.84% of the company’s stock.

Nordson Price Performance

Shares of NASDAQ:NDSN opened at $288.42 on Thursday. The company’s fifty day moving average price is $274.38 and its 200-day moving average price is $246.09. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. The firm has a market capitalization of $16.09 billion, a price-to-earnings ratio of 31.15, a PEG ratio of 1.95 and a beta of 0.98. Nordson Corporation has a one year low of $165.03 and a one year high of $305.28.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.01. Nordson had a net margin of 18.39% and a return on equity of 19.73%. The company had revenue of $669.46 million during the quarter, compared to analyst estimates of $652.68 million. During the same period in the previous year, the business earned $2.06 earnings per share. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. On average, equities research analysts anticipate that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

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.