Railway Pension Investments Ltd Buys New Position in Nordson Corporation $NDSN

Railway Pension Investments Ltd bought a new stake in Nordson Corporation (NASDAQ:NDSN) during the second quarter, Holdings Channel reports. The institutional investor bought 34,300 shares of the industrial products company’s stock, valued at approximately $10,348,000.

Other large investors have also recently modified their holdings of the company. Sigma Planning Corp bought a new stake in shares of Nordson in the 2nd quarter worth approximately $204,000. Two Sigma Securities LLC bought a new position in Nordson during the 2nd quarter valued at about $836,000. Flputnam Investment Management Co. purchased a new stake in Nordson during the 2nd quarter valued at $208,000. Meiji Yasuda Life Insurance Co bought a new stake in shares of Nordson during the 2nd quarter valued at about $343,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Nordson by 10.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,017 shares of the industrial products company’s stock worth $89,305,000 after acquiring an additional 27,608 shares during the last quarter. Institutional investors own 72.11% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. BNP Paribas Exane raised their price target on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Robert W. Baird upped their price objective on Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Oppenheimer increased their price objective on Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research note on Friday, August 21st. Finally, KeyCorp restated a “buy” rating on shares of Nordson in a report on Thursday, August 20th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $326.57.

Nordson Stock Down 0.9%

NASDAQ NDSN opened at $321.72 on Tuesday. The business has a fifty day moving average price of $303.17 and a 200 day moving average price of $288.94. 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 cap of $17.92 billion, a P/E ratio of 32.53, a P/E/G ratio of 2.11 and a beta of 0.96. Nordson Corporation has a one year low of $220.06 and a one year high of $339.12.

Nordson (NASDAQ:NDSN) last issued its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) 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 return on equity of 20.49% and a net margin of 18.63%.The firm’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Research analysts anticipate that Nordson Corporation will post 11.83 EPS for the current fiscal year.

Nordson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be given a dividend of $0.94 per share. This is a boost from Nordson’s previous quarterly dividend of $0.82. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, September 10th. Nordson’s dividend payout ratio is presently 33.16%.

Insider Buying and Selling

In other Nordson news, EVP Jennifer L. Mcdonough sold 260 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $336.00, for a total value of $87,360.00. Following the sale, the executive vice president directly owned 6,346 shares in the company, valued at $2,132,256. This trade represents a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daniel Roy Hopgood sold 1,329 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total transaction of $444,271.41. Following the completion of the transaction, the executive vice president directly owned 4,758 shares in the company, valued at $1,590,551.82. This trade represents a 21.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.84% of the company’s stock.

Nordson 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.