SG Americas Securities LLC Invests $4.17 Million in Nordson Corporation $NDSN

SG Americas Securities LLC acquired a new stake in Nordson Corporation (NASDAQ:NDSN) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 17,348 shares of the industrial products company’s stock, valued at approximately $4,171,000.

Other institutional investors also recently bought and sold shares of the company. ICICI Prudential Asset Management Co Ltd lifted its position in Nordson by 77.5% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 14,200 shares of the industrial products company’s stock valued at $3,223,000 after purchasing an additional 6,200 shares during the period. Jensen Investment Management Inc. acquired a new position in Nordson during the 3rd quarter worth approximately $2,735,000. Rakuten Investment Management Inc. acquired a new position in Nordson during the 3rd quarter worth approximately $1,100,000. Polar Asset Management Partners Inc. raised its stake in shares of Nordson by 67.0% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 39,754 shares of the industrial products company’s stock worth $9,022,000 after buying an additional 15,954 shares in the last quarter. Finally, HORAN Wealth LLC acquired a new stake in shares of Nordson in the 3rd quarter valued at approximately $917,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Nordson Stock Performance

NASDAQ NDSN opened at $267.24 on Thursday. Nordson Corporation has a 1-year low of $165.03 and a 1-year high of $305.28. The company has a market capitalization of $14.91 billion, a P/E ratio of 28.86, a PEG ratio of 1.79 and a beta of 1.01. The business has a 50 day moving average price of $279.48 and a 200 day moving average price of $252.41. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. The company had revenue of $669.46 million for the quarter, compared to the consensus estimate of $652.68 million. Nordson had a return on equity of 19.73% and a net margin of 18.39%.Nordson’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.06 earnings per share. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. Sell-side analysts expect that Nordson Corporation will post 10.2 EPS for the current fiscal year.

Nordson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Thursday, March 19th will be given a $0.82 dividend. The ex-dividend date is Thursday, March 19th. This represents a $3.28 annualized dividend and a dividend yield of 1.2%. Nordson’s payout ratio is currently 35.42%.

Insider Transactions at Nordson

In other Nordson news, CEO Sundaram Nagarajan sold 41,800 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total value of $12,258,268.00. Following the sale, the chief executive officer owned 64,824 shares of the company’s stock, valued at $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joseph P. Kelley sold 8,725 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the completion of the sale, the executive vice president owned 7,268 shares in the company, valued at $2,129,814.72. This represents a 54.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 73,577 shares of company stock worth $21,484,216. 0.84% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

NDSN has been the topic of a number of recent analyst reports. Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Jefferies Financial Group reissued a “hold” rating and issued a $300.00 target price on shares of Nordson in a report on Monday, February 23rd. Robert W. Baird boosted their target price on shares of Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. KeyCorp upped their price target on shares of Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Finally, Oppenheimer increased their price target on shares of Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $311.50.

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.