Nordson Corporation $NDSN Shares Bought by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC lifted its stake in shares of Nordson Corporation (NASDAQ:NDSN) by 11.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,095 shares of the industrial products company’s stock after buying an additional 8,992 shares during the quarter. Exchange Traded Concepts LLC owned approximately 0.15% of Nordson worth $20,459,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in NDSN. Mitchell & Pahl Private Wealth LLC boosted its stake in Nordson by 0.9% during the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 4,770 shares of the industrial products company’s stock valued at $1,083,000 after acquiring an additional 43 shares during the last quarter. Bessemer Group Inc. increased its position in shares of Nordson by 12.0% in the 3rd quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock worth $98,000 after purchasing an additional 46 shares during the last quarter. Argent Trust Co increased its position in shares of Nordson by 3.6% in the 3rd quarter. Argent Trust Co now owns 1,325 shares of the industrial products company’s stock worth $301,000 after purchasing an additional 46 shares during the last quarter. Elevation Point Wealth Partners LLC raised its stake in shares of Nordson by 3.5% in the 2nd quarter. Elevation Point Wealth Partners LLC now owns 1,436 shares of the industrial products company’s stock valued at $308,000 after purchasing an additional 48 shares in the last quarter. Finally, Norden Group LLC lifted its position in shares of Nordson by 4.4% during the fourth quarter. Norden Group LLC now owns 1,199 shares of the industrial products company’s stock worth $288,000 after purchasing an additional 50 shares during the last quarter. Institutional investors own 72.11% of the company’s stock.

Insider Transactions at Nordson

In other Nordson news, EVP Joseph P. Kelley sold 23,052 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $289.31, for a total transaction of $6,669,174.12. Following the completion of the transaction, the executive vice president directly owned 7,559 shares of the company’s stock, valued at $2,186,894.29. The trade was a 75.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Sundaram Nagarajan sold 41,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the completion of the sale, the chief executive officer owned 64,824 shares in the company, valued at $19,010,286.24. The trade was a 39.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 73,577 shares of company stock valued at $21,484,216 over the last three months. 0.84% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Oppenheimer lifted their price target on Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Robert W. Baird upped their price objective on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Vertical Research raised Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price on the stock in a report on Monday, December 15th. DA Davidson set a $335.00 target price on Nordson in a research report on Monday, February 23rd. Finally, Jefferies Financial Group reissued a “hold” rating and set a $300.00 price target on shares of Nordson in a research report on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Nordson currently has an average rating of “Moderate Buy” and a consensus target price of $311.50.

Nordson Stock Performance

Shares of NDSN stock opened at $260.21 on Friday. The company has a market cap of $14.51 billion, a P/E ratio of 28.10, a PEG ratio of 1.80 and a beta of 0.98. The business has a 50 day moving average of $279.91 and a two-hundred day moving average of $251.40. Nordson Corporation has a 52 week low of $165.03 and a 52 week high of $305.28. The company has a quick ratio of 1.74, a current ratio of 2.72 and a debt-to-equity ratio of 0.63.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.01. The business had revenue of $669.46 million for the quarter, compared to the consensus estimate of $652.68 million. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The business’s revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the business posted $2.06 EPS. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, analysts anticipate that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Thursday, March 19th will be issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is 35.42%.

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.