Norris Perne & French LLP MI Sells 3,495 Shares of Nordson Corporation $NDSN

Norris Perne & French LLP MI lowered its position in Nordson Corporation (NASDAQ:NDSN) by 5.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,614 shares of the industrial products company’s stock after selling 3,495 shares during the period. Norris Perne & French LLP MI owned about 0.10% of Nordson worth $13,302,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of NDSN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Nordson by 4.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 253,260 shares of the industrial products company’s stock worth $51,088,000 after purchasing an additional 9,679 shares during the period. Nordea Investment Management AB increased its holdings in Nordson by 21.2% during the second quarter. Nordea Investment Management AB now owns 10,083 shares of the industrial products company’s stock valued at $2,159,000 after buying an additional 1,763 shares during the last quarter. Harbor Capital Advisors Inc. raised its position in Nordson by 22.6% in the second quarter. Harbor Capital Advisors Inc. now owns 8,193 shares of the industrial products company’s stock worth $1,756,000 after acquiring an additional 1,508 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Nordson by 2.6% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 77,813 shares of the industrial products company’s stock worth $16,681,000 after acquiring an additional 1,972 shares during the last quarter. Finally, Confluence Investment Management LLC grew its position in shares of Nordson by 118.5% during the 2nd quarter. Confluence Investment Management LLC now owns 336,090 shares of the industrial products company’s stock valued at $72,048,000 after acquiring an additional 182,305 shares during the period. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Insider Buying and Selling at Nordson

In other Nordson news, EVP James E. Devries sold 9,100 shares of the stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $233.60, for a total transaction of $2,125,760.00. Following the completion of the transaction, the executive vice president owned 51,223 shares of the company’s stock, valued at $11,965,692.80. This represents a 15.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Joseph P. Kelley sold 2,200 shares of Nordson stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $240.00, for a total value of $528,000.00. Following the completion of the sale, the executive vice president directly owned 6,405 shares in the company, valued at $1,537,200. This trade represents a 25.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 13,600 shares of company stock worth $3,188,257. Corporate insiders own 0.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NDSN. KeyCorp raised their target price on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Vertical Research raised Nordson from a “hold” rating to a “buy” rating and set a $270.00 price objective on the stock in a research note on Monday, December 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research report on Tuesday, December 23rd. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Finally, DA Davidson set a $290.00 price target on shares of Nordson in a report on Friday, December 12th. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $268.00.

Nordson Stock Performance

NASDAQ:NDSN opened at $243.99 on Monday. The stock has a 50-day moving average price of $235.49 and a 200 day moving average price of $226.28. The stock has a market capitalization of $13.62 billion, a P/E ratio of 28.60, a P/E/G ratio of 1.68 and a beta of 1.01. Nordson Corporation has a 12-month low of $165.03 and a 12-month high of $251.47. The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.10. The business had revenue of $751.82 million during the quarter, compared to the consensus estimate of $761.03 million. Nordson had a return on equity of 19.64% and a net margin of 17.35%.The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.78 EPS. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. Equities research analysts forecast that Nordson Corporation will post 10.2 EPS for the current fiscal year.

Nordson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th will be issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Wednesday, December 17th. Nordson’s payout ratio is currently 38.45%.

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.