Nordson Corporation $NDSN Shares Sold by Danske Bank A S

Danske Bank A S cut its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 8.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 96,433 shares of the industrial products company’s stock after selling 8,673 shares during the period. Danske Bank A S’s holdings in Nordson were worth $23,185,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Mutual Advisors LLC acquired a new stake in Nordson during the 4th quarter worth approximately $202,000. Jennison Associates LLC raised its holdings in shares of Nordson by 539.2% in the 4th quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock valued at $60,673,000 after purchasing an additional 212,876 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Nordson in the 4th quarter valued at $113,000. Wealthfront Advisers LLC raised its holdings in shares of Nordson by 13.2% in the 4th quarter. Wealthfront Advisers LLC now owns 1,378 shares of the industrial products company’s stock valued at $331,000 after purchasing an additional 161 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Nordson in the 4th quarter valued at $346,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Nordson

In other Nordson news, CEO Sundaram Nagarajan sold 41,800 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the transaction, the chief executive officer directly owned 64,824 shares of the company’s stock, valued at approximately $19,010,286.24. This trade represents a 39.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Joseph P. Kelley sold 8,725 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the transaction, the executive vice president directly owned 7,268 shares in the company, valued at $2,129,814.72. The trade was a 54.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 77,393 shares of company stock valued at $22,549,703 over the last quarter. 0.84% of the stock is owned by insiders.

Nordson Price Performance

Shares of NASDAQ:NDSN opened at $283.20 on Friday. The company’s fifty day moving average price is $276.07 and its 200 day moving average price is $259.59. Nordson Corporation has a 12 month low of $187.89 and a 12 month high of $305.28. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. The firm has a market capitalization of $15.80 billion, a P/E ratio of 30.58, a P/E/G ratio of 1.91 and a beta of 0.99.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.36 by $0.01. Nordson had a net margin of 18.39% and a return on equity of 19.73%. The firm had revenue of $669.46 million for the quarter, compared to analyst estimates of $652.68 million. During the same period last year, the business earned $2.06 EPS. Nordson’s revenue for the quarter was up 8.8% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, sell-side analysts predict that Nordson Corporation will post 11.41 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The business also recently declared 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 1.2%. The ex-dividend date was Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is currently 35.42%.

Analyst Ratings Changes

NDSN has been the topic of a number of analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a report on Friday, March 27th. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday. DA Davidson set a $335.00 price objective on shares of Nordson in a report on Monday, February 23rd. Robert W. Baird raised their price objective on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, Oppenheimer boosted their target price on Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $311.50.

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.