Fox Run Management L.L.C. Acquires 4,920 Shares of Nordson Corporation $NDSN

Fox Run Management L.L.C. grew its position in Nordson Corporation (NASDAQ:NDSN) by 543.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,826 shares of the industrial products company’s stock after buying an additional 4,920 shares during the period. Fox Run Management L.L.C.’s holdings in Nordson were worth $1,401,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Nordson by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock worth $1,504,515,000 after acquiring an additional 186,480 shares during the period. State Street Corp lifted its position in shares of Nordson by 4.7% during the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after buying an additional 133,229 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Nordson by 24.0% during the 4th 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 during the period. Goldman Sachs Group Inc. lifted its position in shares of Nordson by 12.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 851,679 shares of the industrial products company’s stock worth $204,769,000 after buying an additional 97,416 shares during the period. Finally, Norges Bank bought a new position in shares of Nordson during the 4th quarter worth approximately $191,654,000. Institutional investors own 72.11% of the company’s stock.

Nordson Stock Down 0.2%

Shares of Nordson stock opened at $282.21 on Tuesday. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. Nordson Corporation has a 12 month low of $207.08 and a 12 month high of $305.28. The business has a fifty day simple moving average of $279.09 and a 200 day simple moving average of $268.64. The stock has a market cap of $15.72 billion, a PE ratio of 30.09, a price-to-earnings-growth ratio of 1.88 and a beta of 0.97.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The business had revenue of $740.85 million during the quarter, compared to analysts’ expectations of $728.78 million. During the same period in the previous year, the firm earned $2.42 earnings per share. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Research analysts predict that Nordson Corporation will post 11.59 EPS for the current year.

Nordson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be paid a dividend of $0.82 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.2%. Nordson’s payout ratio is 34.97%.

Insiders Place Their Bets

In related news, EVP Srinivas Subramanian sold 3,100 shares of Nordson stock in a transaction 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 completion of the sale, the executive vice president directly owned 6,407 shares of the company’s stock, valued at $1,793,960. The trade was a 32.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of Nordson stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total value of $197,487.12. Following the sale, the executive vice president directly owned 1,515 shares of the company’s stock, valued at approximately $417,867.30. This trade represents a 32.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.84% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Oppenheimer raised their target price on Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. KeyCorp lifted their price objective on Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Robert W. Baird lifted their price objective on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $300.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Nordson has an average rating of “Moderate Buy” and a consensus target price of $311.29.

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.