Osmosis Investment Management UK Ltd Takes $1.92 Million Position in Nordson Corporation $NDSN

Osmosis Investment Management UK Ltd acquired a new position in Nordson Corporation (NASDAQ:NDSN) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 6,367 shares of the industrial products company’s stock, valued at approximately $1,921,000.

A number of other hedge funds have also bought and sold shares of the business. XXEC Inc. bought a new position in Nordson during the 2nd quarter valued at about $896,378,000. BlackRock Inc. purchased a new position in shares of Nordson during the second quarter valued at approximately $1,248,447,000. Norges Bank bought a new position in Nordson during the fourth quarter valued at approximately $191,654,000. Bank of New York Mellon Corp purchased a new stake in Nordson in the second quarter worth approximately $127,230,000. Finally, Deutsche Bank AG purchased a new stake in Nordson during the 2nd quarter valued at $89,393,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Price Performance

NDSN stock opened at $333.93 on Tuesday. Nordson Corporation has a one year low of $220.06 and a one year high of $338.55. The company’s fifty day moving average price is $299.66 and its 200-day moving average price is $287.54. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82. The company has a market capitalization of $18.60 billion, a PE ratio of 33.76, a price-to-earnings-growth ratio of 2.17 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.16. The company had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. Nordson’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the company posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, equities analysts anticipate that Nordson Corporation will post 11.8 EPS for the current fiscal year.

Nordson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were given a dividend of $0.82 per share. The ex-dividend date was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.0%. Nordson’s dividend payout ratio (DPR) is presently 33.16%.

Analysts Set New Price Targets

Several analysts recently commented on NDSN shares. Robert W. Baird lifted their price objective on Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a report on Friday. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. Oppenheimer increased their price objective on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research note on Friday. DA Davidson restated a “buy” rating and set a $345.00 target price on shares of Nordson in a research report on Thursday, August 20th. Finally, KeyCorp restated a “buy” rating on shares of Nordson in a research note on Thursday. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $326.57.

About Nordson

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.