Goldman Sachs Group Inc. Grows Stock Holdings in Nordson Corporation $NDSN

Goldman Sachs Group Inc. boosted its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 12.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 851,679 shares of the industrial products company’s stock after acquiring an additional 97,416 shares during the period. Goldman Sachs Group Inc.’s holdings in Nordson were worth $204,769,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Private Trust Co. NA raised its stake in shares of Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 51 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in shares of Nordson in the second quarter valued at $31,000. MUFG Securities EMEA plc purchased a new stake in shares of Nordson in the second quarter valued at $34,000. Hantz Financial Services Inc. raised its stake in shares of 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 acquiring an additional 46 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Nordson in the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Trading Down 1.3%

NASDAQ NDSN opened at $282.73 on Friday. The company’s 50-day moving average price is $278.74 and its 200-day moving average price is $267.96. 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 market cap of $15.75 billion, a PE ratio of 30.14, a PEG ratio of 1.88 and a beta of 0.97. Nordson Corporation has a 12 month low of $207.08 and a 12 month high of $305.28.

Nordson (NASDAQ:NDSN) last posted 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. The firm had revenue of $740.85 million for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the business posted $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. Equities research analysts forecast that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Thursday, June 18th will be issued a $0.82 dividend. The ex-dividend date is Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.2%. Nordson’s dividend payout ratio is presently 34.97%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on NDSN shares. Jefferies Financial Group reissued a “hold” rating and issued a $300.00 target price on shares of Nordson in a research note on Monday, February 23rd. KeyCorp increased their target price on shares of Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 22nd. BNP Paribas Exane increased their target price on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Finally, Wall Street Zen raised shares of Nordson from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Nordson presently has a consensus rating of “Moderate Buy” and an average price target of $311.29.

Insider Transactions at Nordson

In other news, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $280.00, for a total value of $868,000.00. Following the transaction, the executive vice president directly owned 6,407 shares in the company, valued at approximately $1,793,960. This represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the company’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total transaction of $197,487.12. Following the completion of the transaction, 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. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.84% of the company’s stock.

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.