Nordson Corporation $NDSN Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC lowered its stake in shares of Nordson Corporation (NASDAQ:NDSN) by 80.1% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 31,100 shares of the industrial products company’s stock after selling 125,544 shares during the period. Lazard Asset Management LLC’s holdings in Nordson were worth $8,274,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Private Trust Co. NA lifted its stake in shares of 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 period. CYBER HORNET ETFs LLC purchased a new stake in shares of Nordson during the 2nd quarter worth about $31,000. MUFG Securities EMEA plc acquired a new stake in Nordson in the second quarter valued at approximately $34,000. Hantz Financial Services Inc. grew its holdings in Nordson by 43.4% in the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 46 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Nordson in the 4th quarter worth $40,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Analyst Ratings Changes

NDSN has been the subject of a number of research reports. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. Oppenheimer upped their target price on shares of Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. DA Davidson upped their price objective on shares of Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. BNP Paribas Exane boosted their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Finally, Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Five 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, Nordson presently has an average rating of “Moderate Buy” and a consensus target price of $311.29.

Nordson Trading Up 0.1%

Shares of NASDAQ NDSN opened at $295.23 on Friday. The stock has a market capitalization of $16.45 billion, a PE ratio of 31.47, a PEG ratio of 1.96 and a beta of 0.96. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. The stock has a fifty day simple moving average of $290.90 and a 200-day simple moving average of $282.61. Nordson Corporation has a twelve month low of $207.08 and a twelve month high of $307.74.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. The company had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.42 earnings per share. 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, equities analysts forecast that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is 34.97%.

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.