Railway Pension Investments Ltd Purchases New Shares in Nordson Corporation $NDSN

Railway Pension Investments Ltd purchased a new stake in Nordson Corporation (NASDAQ:NDSN) during the second quarter, according to its most recent filing with the SEC. The firm purchased 34,300 shares of the industrial products company’s stock, valued at approximately $10,348,000. Railway Pension Investments Ltd owned 0.06% of Nordson at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. XXEC Inc. acquired a new position in shares of Nordson in the second quarter worth approximately $896,378,000. BlackRock Inc. bought a new stake in shares of Nordson during the 2nd quarter worth $1,248,447,000. Norges Bank purchased a new stake in shares of Nordson during the fourth quarter valued at approximately $191,654,000. Bank of New York Mellon Corp purchased a new stake in shares of Nordson in the 2nd quarter worth about $127,230,000. Finally, Caisse de depot et placement du Quebec bought a new position in Nordson during the 2nd quarter valued at approximately $95,993,000. Institutional investors own 72.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Robert W. Baird upped their price target on shares of Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. DA Davidson reissued a “buy” rating and set a $345.00 price objective on shares of Nordson in a report on Thursday, August 20th. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Finally, Oppenheimer upped their price objective on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $326.57.

Insider Buying and Selling at Nordson

In other Nordson news, EVP Jennifer L. Mcdonough sold 260 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $336.00, for a total value of $87,360.00. Following the transaction, the executive vice president directly owned 6,346 shares of the company’s stock, valued at approximately $2,132,256. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Daniel Roy Hopgood sold 1,329 shares of the stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total value of $444,271.41. Following the completion of the sale, the executive vice president owned 4,758 shares of the company’s stock, valued at $1,590,551.82. This trade represents a 21.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.84% of the company’s stock.

Nordson Stock Down 0.9%

Shares of NASDAQ:NDSN opened at $321.72 on Tuesday. The firm has a fifty day moving average price of $303.17 and a 200 day moving average price of $288.94. Nordson Corporation has a 1-year low of $220.06 and a 1-year high of $339.12. The stock has a market cap of $17.92 billion, a P/E ratio of 32.53, a P/E/G ratio of 2.11 and a beta of 0.96. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.82 and a quick ratio of 1.18.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.09 by $0.16. The company had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Sell-side analysts predict that Nordson Corporation will post 11.83 EPS for the current year.

Nordson Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 10th will be issued a $0.94 dividend. This is an increase from Nordson’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $3.76 dividend on an annualized basis and a yield of 1.2%. Nordson’s payout ratio is 33.16%.

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.