3,112 Shares in Nordson Corporation $NDSN Purchased by MQS Management LLC

MQS Management LLC purchased a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the fourth quarter, Holdings Channel reports. The firm purchased 3,112 shares of the industrial products company’s stock, valued at approximately $748,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Roman Butler Fullerton & Co. boosted its holdings in 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 purchasing an additional 38 shares during the last quarter. Bessemer Group Inc. boosted its holdings in 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 purchasing an additional 46 shares during the last quarter. Argent Trust Co boosted its holdings in 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 purchasing an additional 46 shares during the last quarter. Norden Group LLC boosted its holdings in Nordson by 4.4% in the 4th quarter. Norden Group LLC now owns 1,199 shares of the industrial products company’s stock valued at $288,000 after purchasing an additional 50 shares during the last quarter. Finally, Private Trust Co. NA boosted its holdings in Nordson by 70.8% in the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 51 shares during the last quarter. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Nordson

In related news, EVP Joseph P. Kelley sold 8,725 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the sale, the executive vice president directly owned 7,268 shares of the company’s stock, valued at $2,129,814.72. This represents a 54.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $280.00, for a total transaction of $868,000.00. Following the sale, the executive vice president directly owned 6,407 shares in the company, valued at approximately $1,793,960. The trade was a 32.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 77,393 shares of company stock valued at $22,549,703 in the last 90 days. Corporate insiders own 0.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. DA Davidson reiterated a “buy” rating and issued a $335.00 target price on shares of Nordson in a report on Thursday. Robert W. Baird boosted their target price on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Jefferies Financial Group reiterated a “hold” rating and issued a $300.00 target price on shares of Nordson in a report on Monday, February 23rd. Oppenheimer boosted their target price on shares of Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a report on Friday, March 27th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Nordson currently has a consensus rating of “Hold” and a consensus target price of $308.43.

Nordson Price Performance

Shares of NDSN opened at $289.90 on Friday. Nordson Corporation has a fifty-two week low of $191.99 and a fifty-two week high of $305.28. The firm’s 50 day moving average price is $274.97 and its 200 day moving average price is $264.17. The company has a market cap of $16.17 billion, a P/E ratio of 30.91, a PEG ratio of 1.92 and a beta of 0.99. The company has a quick ratio of 1.74, a current ratio of 2.60 and a debt-to-equity ratio of 0.57.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.82 by $0.04. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm had revenue of $740.85 million for the quarter, compared to the consensus estimate of $728.78 million. During the same period in the prior year, the firm earned $2.42 EPS. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. On average, research analysts forecast that Nordson Corporation will post 11.47 earnings per share for the current fiscal year.

Nordson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Thursday, March 19th were paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, March 19th. Nordson’s dividend payout ratio is presently 35.42%.

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.