Gradient Investments LLC Takes Position in Nordson Corporation $NDSN

Gradient Investments LLC acquired a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 7,085 shares of the industrial products company’s stock, valued at approximately $1,608,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Public Sector Pension Investment Board boosted its position in shares of Nordson by 8.0% during the 1st quarter. Public Sector Pension Investment Board now owns 7,369 shares of the industrial products company’s stock valued at $1,486,000 after acquiring an additional 549 shares during the last quarter. Aberdeen Group plc raised its stake in Nordson by 1.8% during the first quarter. Aberdeen Group plc now owns 3,986 shares of the industrial products company’s stock worth $797,000 after purchasing an additional 70 shares during the period. Raymond James Financial Inc. boosted its holdings in Nordson by 3.9% in the 1st quarter. Raymond James Financial Inc. now owns 367,609 shares of the industrial products company’s stock valued at $74,154,000 after purchasing an additional 13,926 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Nordson during the 1st quarter worth approximately $4,187,000. Finally, Hsbc Holdings PLC raised its position in shares of Nordson by 16.2% during the 1st quarter. Hsbc Holdings PLC now owns 103,221 shares of the industrial products company’s stock valued at $20,760,000 after buying an additional 14,422 shares during the period. Institutional investors and hedge funds own 72.11% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. DA Davidson set a $290.00 price objective on Nordson in a research report on Friday, December 12th. Oppenheimer increased their price target on Nordson from $260.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, August 25th. Robert W. Baird boosted their price objective on shares of Nordson from $252.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, December 12th. KeyCorp increased their target price on shares of Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $240.00 price target on shares of Nordson in a research note on Thursday, August 21st. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $268.00.

Nordson Stock Up 0.7%

Shares of NASDAQ:NDSN opened at $238.07 on Thursday. The firm has a market capitalization of $13.38 billion, a PE ratio of 27.91, a price-to-earnings-growth ratio of 1.63 and a beta of 1.01. Nordson Corporation has a 1 year low of $165.03 and a 1 year high of $251.47. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.64 and a quick ratio of 1.05. The firm’s 50-day moving average is $234.05 and its two-hundred day moving average is $224.93.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share 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 business’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. Analysts predict 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, January 2nd. Stockholders of record on Wednesday, December 17th will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 17th. Nordson’s payout ratio is 38.45%.

Insider Transactions at Nordson

In related news, EVP James E. Devries sold 9,100 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $233.60, for a total transaction of $2,125,760.00. Following the completion of the sale, the executive vice president owned 51,223 shares in the company, valued at $11,965,692.80. The trade was a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Joseph P. Kelley sold 2,300 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $232.39, for a total transaction of $534,497.00. Following the sale, the executive vice president owned 8,605 shares of the company’s stock, valued at $1,999,715.95. This represents a 21.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 13,600 shares of company stock worth $3,188,257. Company insiders own 0.80% of the company’s stock.

About Nordson

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through three segments: Industrial Precision Solutions; Medical and Fluid Solutions; and Advanced Technology Solutions.