Mountain Pacific Investment Advisers LLC Has $9.39 Million Holdings in Nordson Corporation $NDSN

Mountain Pacific Investment Advisers LLC reduced its position in Nordson Corporation (NASDAQ:NDSN) by 69.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,387 shares of the industrial products company’s stock after selling 95,343 shares during the period. Nordson comprises approximately 1.5% of Mountain Pacific Investment Advisers LLC’s holdings, making the stock its 19th largest position. Mountain Pacific Investment Advisers LLC owned approximately 0.07% of Nordson worth $9,393,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in Nordson in the 2nd quarter worth approximately $139,218,000. State Street Corp lifted its holdings in shares of Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after purchasing an additional 133,229 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Nordson by 10.2% in the second quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock worth $185,729,000 after buying an additional 80,285 shares during the period. Squarepoint Ops LLC grew its holdings in shares of Nordson by 501.5% during the second quarter. Squarepoint Ops LLC now owns 80,053 shares of the industrial products company’s stock valued at $17,161,000 after buying an additional 66,744 shares in the last quarter. Finally, Boston Trust Walden Corp raised its position in Nordson by 22.8% during the second quarter. Boston Trust Walden Corp now owns 355,613 shares of the industrial products company’s stock valued at $76,233,000 after buying an additional 65,980 shares during the period. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Trading Up 2.6%

Shares of NASDAQ NDSN opened at $273.10 on Thursday. The business has a 50 day simple moving average of $243.71 and a 200 day simple moving average of $231.34. Nordson Corporation has a 52 week low of $165.03 and a 52 week high of $274.55. The stock has a market cap of $15.21 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 1.83 and a beta of 1.02. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.05 and a current ratio of 1.64.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.10. The firm had revenue of $751.82 million during the quarter, compared to analysts’ expectations of $761.03 million. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The company’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.78 earnings per share. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. On average, research analysts predict that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 17th were issued a $0.82 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a yield of 1.2%. Nordson’s dividend payout ratio is currently 38.45%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on NDSN shares. Robert W. Baird raised their price objective on Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. DA Davidson set a $290.00 price target on shares of Nordson in a research report on Friday, December 12th. Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. Vertical Research upgraded shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 price objective on the stock in a research note on Monday, December 15th. Finally, Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $266.29.

Insider Transactions at Nordson

In other Nordson news, EVP James E. Devries sold 9,100 shares of the stock in a transaction on Monday, November 10th. The shares were sold at an average price of $233.60, for a total transaction of $2,125,760.00. Following the transaction, the executive vice president directly owned 51,223 shares of the company’s stock, valued at $11,965,692.80. This represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.80% 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.