Nordson Corporation $NDSN Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lowered its stake in Nordson Corporation (NASDAQ:NDSN) by 4.3% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 104,726 shares of the industrial products company’s stock after selling 4,693 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Nordson were worth $27,864,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in Nordson during the fourth quarter worth $191,654,000. M&T Bank Corp lifted its position in shares of Nordson by 10,127.9% in the fourth quarter. M&T Bank Corp now owns 586,877 shares of the industrial products company’s stock valued at $141,103,000 after acquiring an additional 581,139 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Nordson by 61.9% during the third quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock valued at $134,442,000 after acquiring an additional 226,514 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of Nordson by 539.2% during the fourth quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock valued at $60,673,000 after acquiring an additional 212,876 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Nordson by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock worth $1,504,515,000 after purchasing an additional 186,480 shares in the last quarter. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson Price Performance

Nordson stock opened at $302.16 on Tuesday. Nordson Corporation has a 1 year low of $207.08 and a 1 year high of $307.74. The firm has a 50 day moving average price of $286.30 and a 200 day moving average price of $274.77. The company has a market cap of $16.84 billion, a price-to-earnings ratio of 32.21, a PEG ratio of 2.00 and a beta of 0.97. 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) last posted its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share 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 company had revenue of $740.85 million for the quarter, compared to the consensus estimate of $728.78 million. During the same quarter last year, the firm posted $2.42 earnings per share. Nordson’s revenue was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Sell-side analysts predict that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.82 per share. The ex-dividend date is Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. Nordson’s payout ratio is presently 34.97%.

Insider Buying and Selling

In related news, EVP Srinivas Subramanian sold 3,100 shares of the firm’s stock in a transaction that occurred on 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 owned 6,407 shares in the company, valued at approximately $1,793,960. This trade represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 Nordson stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total transaction of $197,487.12. Following the transaction, the executive vice president directly owned 1,515 shares in the company, valued at approximately $417,867.30. This trade represents a 32.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.84% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NDSN has been the topic of a number of recent research reports. Oppenheimer upped their target price on shares of Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Weiss Ratings downgraded shares of Nordson from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 12th. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday. DA Davidson raised their target price on shares of Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Finally, BNP Paribas Exane lifted their target price on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Four 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $311.29.

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.