Jefferies Financial Group Inc. Makes New Investment in Nordson Corporation $NDSN

Jefferies Financial Group Inc. bought a new position in shares of Nordson Corporation (NASDAQ:NDSN) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 28,315 shares of the industrial products company’s stock, valued at approximately $8,542,000. Jefferies Financial Group Inc. owned about 0.05% of Nordson at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Clearstead Trust LLC purchased a new position in shares of Nordson during the second quarter worth approximately $25,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Nordson in the second quarter valued at approximately $30,000. CYBER HORNET ETFs LLC bought a new position in Nordson in the second quarter worth approximately $31,000. N.E.W. Advisory Services LLC purchased a new position in Nordson during the 2nd quarter worth $33,000. Finally, MUFG Securities EMEA plc bought a new stake in Nordson during the 2nd quarter valued at $34,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on NDSN shares. BNP Paribas Exane raised their price target on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Robert W. Baird increased their price objective on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Oppenheimer boosted their price objective on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research note on Friday, August 21st. Weiss Ratings raised Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Finally, Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $326.57.

Insider Activity

In other news, EVP Daniel Roy Hopgood sold 1,329 shares of Nordson 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 sale, the executive vice president directly owned 4,758 shares in the company, valued at approximately $1,590,551.82. The trade was a 21.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.84% of the company’s stock.

Nordson Price Performance

NASDAQ NDSN opened at $330.84 on Friday. The firm’s fifty day simple moving average is $302.06 and its two-hundred day simple moving average is $288.53. The firm has a market capitalization of $18.43 billion, a P/E ratio of 33.45, a P/E/G ratio of 2.18 and a beta of 0.96. 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 12-month low of $220.06 and a 12-month high of $339.12.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, topping analysts’ consensus estimates of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The firm had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. During the same quarter last year, the firm earned $2.73 EPS. The business’s quarterly revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Analysts forecast that Nordson Corporation will post 11.83 EPS for the current fiscal year.

Nordson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, September 10th. This is a positive change from Nordson’s previous quarterly dividend of $0.82. Nordson’s dividend payout ratio (DPR) is currently 33.16%.

Nordson Company 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.