12,108 Shares in Nordson Corporation $NDSN Purchased by Kepler Cheuvreux Suisse SA

Kepler Cheuvreux Suisse SA acquired a new stake in shares of Nordson Corporation (NASDAQ:NDSNFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 12,108 shares of the industrial products company’s stock, valued at approximately $2,748,000.

A number of other institutional investors and hedge funds have also bought and sold shares of NDSN. CYBER HORNET ETFs LLC purchased a new position in Nordson in the second quarter worth about $31,000. Quent Capital LLC bought a new stake in shares of Nordson during the third quarter valued at approximately $32,000. MUFG Securities EMEA plc bought a new stake in shares of Nordson during the second quarter valued at approximately $34,000. Root Financial Partners LLC purchased a new position in Nordson in the 3rd quarter worth approximately $36,000. Finally, SJS Investment Consulting Inc. lifted its position in Nordson by 3,180.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 164 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 159 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors.

Nordson Price Performance

Shares of NDSN opened at $272.46 on Wednesday. The firm has a fifty day simple moving average of $276.85 and a two-hundred day simple moving average of $247.86. The firm has a market cap of $15.20 billion, a PE ratio of 29.42, a P/E/G ratio of 1.84 and a beta of 0.98. The company has a current ratio of 2.72, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. Nordson Corporation has a 1-year low of $165.03 and a 1-year high of $305.28.

Nordson (NASDAQ:NDSNGet Free Report) last released its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The firm had revenue of $669.46 million for the quarter, compared to the consensus estimate of $652.68 million. During the same period last year, the business posted $2.06 EPS. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. 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 analysts anticipate that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th will be given a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is presently 35.42%.

Insider Activity

In other news, CEO Sundaram Nagarajan sold 41,800 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total value of $12,258,268.00. Following the transaction, the chief executive officer owned 64,824 shares in the company, valued at $19,010,286.24. This represents a 39.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Joseph P. Kelley sold 23,052 shares of the stock in a transaction that occurred on 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 completion of the transaction, the executive vice president owned 7,559 shares in the company, valued at $2,186,894.29. This trade represents a 75.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 73,577 shares of company stock worth $21,484,216 over the last three months. Insiders own 0.84% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on NDSN. Oppenheimer increased their target price on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research note on Tuesday, February 24th. DA Davidson set a $335.00 price target on Nordson in a report on Monday, February 23rd. KeyCorp increased their price objective on Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Vertical Research upgraded Nordson from a “hold” rating to a “buy” rating and set a $270.00 price objective for the company in a report on Monday, December 15th. Finally, Wall Street Zen raised 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $311.50.

View Our Latest Stock Analysis on Nordson

Nordson Profile

(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.

See Also

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:NDSNFree Report).

Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

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.