GW&K Investment Management LLC Sells 11,230 Shares of Nordson Corporation $NDSN

GW&K Investment Management LLC trimmed its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 3.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 350,198 shares of the industrial products company’s stock after selling 11,230 shares during the period. Nordson makes up 0.7% of GW&K Investment Management LLC’s investment portfolio, making the stock its 25th largest holding. GW&K Investment Management LLC’s holdings in Nordson were worth $84,199,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Roman Butler Fullerton & Co. boosted its holdings in shares of Nordson by 4.2% during the 4th quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company’s stock worth $228,000 after buying an additional 38 shares in the last quarter. Syon Capital LLC boosted its holdings in shares of Nordson by 4.0% during the 4th quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock worth $255,000 after buying an additional 41 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of Nordson by 12.0% during the 3rd quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock worth $98,000 after buying an additional 46 shares in the last quarter. Argent Trust Co boosted its holdings in shares of Nordson by 3.6% during the 3rd quarter. Argent Trust Co now owns 1,325 shares of the industrial products company’s stock worth $301,000 after buying an additional 46 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after buying an additional 46 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

NDSN has been the topic of a number of research analyst reports. Robert W. Baird increased their price target on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Jefferies Financial Group restated a “hold” rating and set a $300.00 price target on shares of Nordson in a report on Monday, February 23rd. BNP Paribas Exane increased their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. Finally, DA Davidson increased their target price on Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $311.29.

Insiders Place Their Bets

In related news, EVP Srinivas Subramanian sold 3,100 shares of the stock in a transaction on Friday, April 17th. The stock was sold at an average price of $280.00, for a total value of $868,000.00. Following the completion of the sale, the executive vice president directly owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This represents a 32.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed 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 stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total value of $197,487.12. Following the completion of the sale, the executive vice president directly owned 1,515 shares of the company’s stock, valued at $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.84% of the company’s stock.

Nordson Price Performance

Shares of NDSN opened at $290.13 on Wednesday. Nordson Corporation has a 12-month low of $207.08 and a 12-month high of $305.28. The business’s fifty day moving average is $279.68 and its 200 day moving average is $269.08. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. The stock has a market cap of $16.17 billion, a P/E ratio of 30.93, a P/E/G ratio of 1.87 and a beta of 0.97.

Nordson (NASDAQ:NDSN) last issued its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The company had revenue of $740.85 million for the quarter, compared to analysts’ expectations of $728.78 million. During the same period last year, the business earned $2.42 EPS. Nordson’s quarterly revenue 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. Sell-side analysts anticipate that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Dividend Announcement

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

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.