Nordson Corporation $NDSN Holdings Raised by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC boosted its stake in Nordson Corporation (NASDAQ:NDSN) by 11.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 85,095 shares of the industrial products company’s stock after buying an additional 8,992 shares during the period. Exchange Traded Concepts LLC’s holdings in Nordson were worth $20,459,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Quent Capital LLC bought a new position in shares of Nordson in the third quarter valued at approximately $32,000. CYBER HORNET ETFs LLC acquired a new stake in Nordson in the second quarter worth approximately $31,000. Root Financial Partners LLC bought a new position in Nordson during the 3rd quarter valued at $36,000. MUFG Securities EMEA plc acquired a new position in shares of Nordson during the 2nd quarter valued at $34,000. Finally, SJS Investment Consulting Inc. raised its stake in shares of Nordson by 3,180.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 164 shares of the industrial products company’s stock worth $37,000 after buying an additional 159 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

NDSN has been the subject of several research reports. Robert W. Baird raised their target price on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Vertical Research raised shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 price objective on the stock in a research note on Monday, December 15th. KeyCorp boosted their target price on shares of Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a research report on Monday, December 29th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $300.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nordson currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.50.

Nordson Stock Down 1.8%

Shares of NASDAQ:NDSN opened at $260.21 on Friday. The firm has a 50 day simple moving average of $279.91 and a 200 day simple moving average of $251.40. Nordson Corporation has a 52 week low of $165.03 and a 52 week high of $305.28. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72. The company has a market cap of $14.51 billion, a PE ratio of 28.10, a price-to-earnings-growth ratio of 1.80 and a beta of 0.98.

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, beating the consensus estimate of $2.36 by $0.01. The company had revenue of $669.46 million for the quarter, compared to the consensus estimate of $652.68 million. Nordson had a net margin of 18.39% and a return on equity of 19.73%. The company’s revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.06 EPS. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, research analysts expect that Nordson Corporation will post 10.2 earnings per share for the current year.

Nordson Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th will be given a dividend of $0.82 per share. The ex-dividend date is Thursday, March 19th. This represents a $3.28 dividend on an annualized basis and a yield of 1.3%. Nordson’s dividend payout ratio (DPR) is presently 35.42%.

Insider Transactions at Nordson

In other Nordson news, EVP Joseph P. Kelley sold 23,052 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $289.31, for a total value of $6,669,174.12. Following the completion of the sale, the executive vice president owned 7,559 shares in the company, valued at $2,186,894.29. This represents a 75.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sundaram Nagarajan sold 41,800 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the transaction, the chief executive officer owned 64,824 shares in the company, valued at approximately $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 73,577 shares of company stock worth $21,484,216 in the last quarter. 0.84% of the stock is owned by corporate insiders.

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.