Natixis Advisors LLC cut its position in shares of Nordson Corporation (NASDAQ:NDSN – Free Report) by 89.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,517 shares of the industrial products company’s stock after selling 211,732 shares during the quarter. Natixis Advisors LLC’s holdings in Nordson were worth $5,895,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. ICICI Prudential Asset Management Co Ltd increased its position in shares of Nordson by 77.5% during the third quarter. ICICI Prudential Asset Management Co Ltd now owns 14,200 shares of the industrial products company’s stock worth $3,223,000 after buying an additional 6,200 shares during the period. Jensen Investment Management Inc. acquired a new stake in Nordson in the third quarter worth $2,735,000. Polar Asset Management Partners Inc. grew its holdings in Nordson by 67.0% in the third quarter. Polar Asset Management Partners Inc. now owns 39,754 shares of the industrial products company’s stock worth $9,022,000 after purchasing an additional 15,954 shares during the period. JPMorgan Chase & Co. grew its holdings in Nordson by 110.0% in the third quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock worth $163,093,000 after purchasing an additional 376,395 shares during the period. Finally, UBS Group AG grew its holdings in Nordson by 7.3% in the fourth quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock worth $104,102,000 after purchasing an additional 29,294 shares during the period. 72.11% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, EVP Srinivas Subramanian sold 3,100 shares of the firm’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 owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This trade represents a 32.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 firm’s stock in a transaction dated Wednesday, April 8th. The shares were 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 directly owned 1,515 shares in the company, valued at approximately $417,867.30. The trade was a 32.09% decrease in their position. The SEC filing for this sale provides additional information. 0.84% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Check Out Our Latest Analysis on Nordson
Nordson Price Performance
Shares of NASDAQ NDSN opened at $282.21 on Tuesday. Nordson Corporation has a fifty-two week low of $207.08 and a fifty-two week high of $305.28. The stock has a market cap of $15.72 billion, a price-to-earnings ratio of 30.09, a PEG ratio of 1.88 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. The firm’s 50-day simple moving average is $279.09 and its 200 day simple moving average is $268.64.
Nordson (NASDAQ:NDSN – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.82 by $0.04. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business had revenue of $740.85 million for the quarter, compared to analysts’ expectations of $728.78 million. During the same quarter last year, the firm earned $2.42 EPS. The firm’s revenue for the quarter 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. As a group, research analysts anticipate that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.
Nordson Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be given a $0.82 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $3.28 annualized dividend and a yield of 1.2%. Nordson’s dividend payout ratio (DPR) is presently 34.97%.
Nordson Company 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.
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