North Dakota State Investment Board Makes New $446,000 Investment in Nordson Corporation $NDSN

North Dakota State Investment Board purchased a new position in Nordson Corporation (NASDAQ:NDSN) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 1,855 shares of the industrial products company’s stock, valued at approximately $446,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA boosted its stake in Nordson by 70.8% in the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after buying an additional 51 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Nordson in the 2nd quarter worth about $31,000. MUFG Securities EMEA plc acquired a new stake in Nordson in the 2nd quarter worth about $34,000. Root Financial Partners LLC acquired a new stake in Nordson in the 3rd quarter worth about $36,000. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in Nordson by 398.2% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 284 shares of the industrial products company’s stock worth $64,000 after buying an additional 227 shares during the last quarter. 72.11% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NDSN has been the topic of a number of research analyst reports. Oppenheimer raised their price target on Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. DA Davidson reissued a “buy” rating and issued a $335.00 price target on shares of Nordson in a research note on Thursday. Jefferies Financial Group reissued a “hold” rating and issued a $300.00 price target on shares of Nordson in a research note on Monday, February 23rd. BNP Paribas Exane raised their price objective on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Nordson currently has an average rating of “Hold” and a consensus target price of $308.43.

Nordson Stock Performance

Nordson stock opened at $289.90 on Friday. The stock’s 50-day moving average is $274.97 and its 200-day moving average is $264.17. The company has a market cap of $16.17 billion, a price-to-earnings ratio of 30.91, a price-to-earnings-growth ratio of 1.92 and a beta of 0.99. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.60 and a quick ratio of 1.74. Nordson Corporation has a 12 month low of $191.99 and a 12 month high of $305.28.

Nordson (NASDAQ:NDSN) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 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 the consensus estimate of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the business posted $2.42 EPS. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Equities analysts anticipate that Nordson Corporation will post 11.47 earnings per share for the current year.

Nordson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th were issued 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 was Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is 35.42%.

Insider Transactions at Nordson

In related news, EVP Srinivas Subramanian sold 3,100 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $280.00, for a total transaction of $868,000.00. Following the sale, the executive vice president directly owned 6,407 shares in the company, valued at approximately $1,793,960. This trade represents a 32.61% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total value of $197,487.12. Following the sale, the executive vice president owned 1,515 shares in the company, valued at approximately $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 77,393 shares of company stock valued at $22,549,703. 0.84% of the stock is owned by company insiders.

Nordson 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.