Jackson Creek Investment Advisors LLC purchased a new position in shares of Nordson Corporation (NASDAQ:NDSN – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,930 shares of the industrial products company’s stock, valued at approximately $1,426,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ICICI Prudential Asset Management Co Ltd raised its position in shares of 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. bought a new position in shares of Nordson in the third quarter valued at about $2,735,000. Polar Asset Management Partners Inc. raised its position in shares of Nordson by 67.0% in the third quarter. Polar Asset Management Partners Inc. now owns 39,754 shares of the industrial products company’s stock valued at $9,022,000 after purchasing an additional 15,954 shares during the period. JPMorgan Chase & Co. raised its position in shares of Nordson by 110.0% in the third quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock valued at $163,093,000 after purchasing an additional 376,395 shares during the period. Finally, Kepler Cheuvreux Suisse SA bought a new position in shares of Nordson in the third quarter valued at about $2,748,000. 72.11% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Oppenheimer increased their price objective on shares of Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. BNP Paribas Exane increased their price objective on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. DA Davidson increased their price objective on shares of Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Robert W. Baird increased their price objective on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $309.86.
Nordson Price Performance
NASDAQ:NDSN opened at $288.74 on Thursday. Nordson Corporation has a 52 week low of $195.29 and a 52 week high of $305.28. The firm has a market cap of $16.09 billion, a price-to-earnings ratio of 30.78, a P/E/G ratio of 1.93 and a beta of 0.99. The firm’s 50-day simple moving average is $276.22 and its 200 day simple moving average is $265.63. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60.
Nordson (NASDAQ:NDSN – Get Free Report) last released its quarterly earnings results 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. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. During the same period last year, the firm earned $2.42 earnings per share. Nordson’s revenue for the quarter was up 8.5% compared to the same quarter last year. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, sell-side analysts predict that Nordson Corporation will post 11.48 earnings per share for the current year.
Nordson Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Thursday, March 19th were given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is currently 34.97%.
Insider Transactions at Nordson
In other Nordson news, EVP Justin E. Hall sold 716 shares of the stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total transaction of $197,487.12. Following the sale, the executive vice president directly owned 1,515 shares in the company, valued at $417,867.30. This represents a 32.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Srinivas Subramanian sold 3,100 shares of the 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 owned 6,407 shares in the company, valued at $1,793,960. The trade was a 32.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.84% of the company’s stock.
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.
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