Public Employees Retirement System of Ohio Purchases Shares of 38,497 Nordson Corporation $NDSN

Public Employees Retirement System of Ohio acquired a new position in shares of Nordson Corporation (NASDAQ:NDSN) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 38,497 shares of the industrial products company’s stock, valued at approximately $11,614,000. Public Employees Retirement System of Ohio owned approximately 0.07% of Nordson as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of NDSN. Clearstead Trust LLC purchased a new stake in shares of Nordson during the second quarter valued at $25,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Nordson in the 2nd quarter valued at $30,000. CYBER HORNET ETFs LLC purchased a new position in Nordson in the 2nd quarter worth about $31,000. N.E.W. Advisory Services LLC purchased a new position in Nordson in the 2nd quarter worth about $33,000. Finally, MUFG Securities EMEA plc acquired a new stake in Nordson during the 2nd quarter worth about $34,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on NDSN shares. Oppenheimer raised their target price on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a report on Friday, August 21st. KeyCorp restated a “buy” rating on shares of Nordson in a report on Thursday, August 20th. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. Finally, BNP Paribas Exane boosted their target price on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Nordson presently has a consensus rating of “Moderate Buy” and a consensus target price of $326.57.

Nordson News Roundup

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Nordson declared a quarterly dividend of $0.94 per share, payable October 2 to shareholders of record September 10. The payout is 14.6% higher than the previous $0.82 dividend, signaling management’s confidence in cash-flow generation and enhancing the stock’s appeal to income-focused investors. Nordson raises dividend by 14.6% to $0.94
• Positive Sentiment: Recent momentum reflects Nordson’s solid operating performance. The company’s latest quarter exceeded earnings and revenue expectations, with EPS of $3.25 versus $3.09 expected and revenue growth of 10.3% year over year. Analysts remain constructive, including an Oppenheimer price-target increase to $370 and a consensus rating of “Moderate Buy.” What Makes Nordson a Strong Momentum Stock
• Neutral Sentiment: NDSN recently set a new 12-month high, highlighting strong momentum but also increasing the possibility of profit-taking after a substantial advance. Nordson Sets New 12-Month High
• Negative Sentiment: Two Nordson executives reported stock sales. EVP Daniel Roy Hopgood sold 1,329 shares worth approximately $444,000, reducing his holdings by 21.83%; EVP Jennifer McDonough sold 260 shares worth about $87,000. These transactions may weigh on sentiment, particularly with the stock near its recent high, although insider sales do not necessarily indicate deteriorating business fundamentals. Nordson Insider Selling

Insider Buying and Selling

In other news, EVP Daniel Roy Hopgood sold 1,329 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total value of $444,271.41. Following the transaction, the executive vice president directly owned 4,758 shares of the company’s stock, valued at approximately $1,590,551.82. This represents a 21.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Jennifer L. Mcdonough sold 260 shares of Nordson stock in a transaction on Thursday, August 27th. The shares were 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 of the company’s stock, valued at approximately $2,132,256. The trade was a 3.94% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.84% of the stock is owned by corporate insiders.

Nordson Stock Performance

Shares of NASDAQ NDSN opened at $324.59 on Monday. The company has a current ratio of 1.82, a quick ratio of 1.18 and a debt-to-equity ratio of 0.47. Nordson Corporation has a one year low of $220.06 and a one year high of $339.12. The business has a 50-day moving average price of $302.64 and a two-hundred day moving average price of $288.76. The firm has a market capitalization of $18.08 billion, a PE ratio of 32.82, a PEG ratio of 2.11 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last issued its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.16. The company had revenue of $817.67 million for the quarter, compared to the consensus estimate 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 quarter in the prior year, the company earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, analysts predict that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

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

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.