UBS Group AG lifted its position in Nordson Corporation (NASDAQ:NDSN – Free Report) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 432,984 shares of the industrial products company’s stock after buying an additional 29,294 shares during the period. UBS Group AG’s holdings in Nordson were worth $104,102,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the company. Roman Butler Fullerton & Co. increased its position in shares of Nordson by 4.2% in the 4th quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company’s stock valued at $228,000 after buying an additional 38 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Nordson by 12.0% in the 3rd quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock valued at $98,000 after buying an additional 46 shares in the last quarter. Argent Trust Co increased its position in shares of Nordson by 3.6% in the 3rd quarter. Argent Trust Co now owns 1,325 shares of the industrial products company’s stock valued at $301,000 after buying an additional 46 shares in the last quarter. Norden Group LLC increased its holdings in Nordson by 4.4% during the 4th quarter. Norden Group LLC now owns 1,199 shares of the industrial products company’s stock worth $288,000 after purchasing an additional 50 shares in the last quarter. Finally, Private Trust Co. NA increased its holdings in Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 72.11% of the company’s stock.
Insider Buying and Selling at Nordson
In other news, EVP Srinivas Subramanian sold 3,100 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $280.00, for a total transaction of $868,000.00. Following the completion of the transaction, the executive vice president directly owned 6,407 shares in the company, valued at $1,793,960. This represents a 32.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total transaction of $197,487.12. Following the transaction, the executive vice president owned 1,515 shares of the company’s stock, valued at approximately $417,867.30. This represents a 32.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 77,393 shares of company stock valued at $22,549,703. Corporate insiders own 0.84% of the company’s stock.
Nordson Price Performance
Nordson (NASDAQ:NDSN – Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. Nordson had a net margin of 18.39% and a return on equity of 19.73%. The company had revenue of $669.46 million during the quarter, compared to the consensus estimate of $652.68 million. During the same period in the prior year, the business posted $2.06 EPS. The company’s quarterly revenue 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. Equities analysts forecast that Nordson Corporation will post 11.41 EPS for the current fiscal year.
Nordson Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th were paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, March 19th. Nordson’s dividend payout ratio is currently 35.42%.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on NDSN shares. Robert W. Baird increased their target price on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a report on Saturday. Oppenheimer increased their target price on Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a report on Friday, March 27th. Finally, KeyCorp increased their target price on Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Nordson currently has a consensus rating of “Moderate Buy” and an average target price of $311.50.
Check Out Our Latest Analysis on Nordson
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.
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