Raiffeisen Bank International AG Trims Stock Position in Nordson Corporation $NDSN

Raiffeisen Bank International AG lessened its position in shares of Nordson Corporation (NASDAQ:NDSN) by 39.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,261 shares of the industrial products company’s stock after selling 6,785 shares during the period. Raiffeisen Bank International AG’s holdings in Nordson were worth $3,100,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. XXEC Inc. purchased a new position in shares of Nordson during the 2nd quarter valued at $896,378,000. BlackRock Inc. purchased a new stake in shares of Nordson in the second quarter worth $1,248,447,000. State Street Corp boosted its stake in Nordson by 4.7% during the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after buying an additional 133,229 shares during the period. Morgan Stanley boosted its stake in Nordson by 6.2% during the fourth quarter. Morgan Stanley now owns 1,582,637 shares of the industrial products company’s stock valued at $380,514,000 after buying an additional 92,970 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Nordson by 24.0% during the fourth quarter. JPMorgan Chase & Co. now owns 891,016 shares of the industrial products company’s stock worth $214,227,000 after buying an additional 172,400 shares in the last quarter. 72.11% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Jennifer L. Mcdonough sold 260 shares of Nordson stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $336.00, for a total value of $87,360.00. Following the transaction, the executive vice president owned 6,346 shares in the company, valued at $2,132,256. This trade represents a 3.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel Hopgood sold 1,329 shares of the business’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total transaction of $444,271.41. Following the completion of the sale, the executive vice president directly owned 4,758 shares of the company’s stock, valued at $1,590,551.82. This represents a 21.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.84% of the company’s stock.

Nordson Price Performance

Shares of Nordson stock opened at $318.36 on Friday. The firm has a market capitalization of $17.73 billion, a PE ratio of 32.19, a price-to-earnings-growth ratio of 2.06 and a beta of 0.97. The company has a current ratio of 1.82, a quick ratio of 1.18 and a debt-to-equity ratio of 0.47. Nordson Corporation has a 12 month low of $220.47 and a 12 month high of $339.12. The business’s 50-day moving average price is $304.64 and its 200-day moving average price is $289.58.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, topping analysts’ consensus estimates of $3.09 by $0.16. The company had revenue of $817.67 million during the quarter, compared to the consensus estimate of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%.Nordson’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Sell-side analysts forecast that Nordson Corporation will post 11.83 EPS for the current fiscal year.

Nordson Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be issued a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 10th. This is a positive change from Nordson’s previous quarterly dividend of $0.82. Nordson’s dividend payout ratio (DPR) is presently 33.16%.

Analysts Set New Price Targets

Several analysts have weighed in on NDSN shares. Weiss Ratings raised Nordson from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. DA Davidson reiterated a “buy” rating and set a $345.00 target price on shares of Nordson in a research report on Thursday, August 20th. Robert W. Baird boosted their price target on shares of Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. KeyCorp reissued a “buy” rating on shares of Nordson in a report on Thursday, August 20th. Finally, BNP Paribas Exane raised their price objective on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Nordson has an average rating of “Moderate Buy” and an average price target of $326.57.

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.