Confluence Investment Management LLC Trims Stock Holdings in Nordson Corporation $NDSN

Confluence Investment Management LLC lowered its stake in shares of Nordson Corporation (NASDAQ:NDSN) by 1.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 330,517 shares of the industrial products company’s stock after selling 5,573 shares during the period. Confluence Investment Management LLC owned 0.59% of Nordson worth $75,011,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in NDSN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Nordson by 4.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 253,260 shares of the industrial products company’s stock valued at $51,088,000 after buying an additional 9,679 shares during the period. Nordea Investment Management AB boosted its position in shares of Nordson by 21.2% in the second quarter. Nordea Investment Management AB now owns 10,083 shares of the industrial products company’s stock worth $2,159,000 after acquiring an additional 1,763 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in Nordson by 22.6% in the second quarter. Harbor Capital Advisors Inc. now owns 8,193 shares of the industrial products company’s stock valued at $1,756,000 after purchasing an additional 1,508 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its position in Nordson by 2.6% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 77,813 shares of the industrial products company’s stock worth $16,681,000 after purchasing an additional 1,972 shares during the last quarter. Finally, Aviva PLC purchased a new position in Nordson during the second quarter worth approximately $8,205,000. Institutional investors and hedge funds own 72.11% of the company’s stock.

Wall Street Analyst Weigh In

NDSN has been the subject of several research reports. Vertical Research raised shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 price objective for the company in a research note on Monday, December 15th. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. DA Davidson set a $290.00 price target on Nordson in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research note on Wednesday, December 17th. Finally, Robert W. Baird boosted their target price on Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $268.00.

Insider Buying and Selling at Nordson

In other news, EVP Joseph P. Kelley sold 2,300 shares of the company’s stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $232.39, for a total value of $534,497.00. Following the completion of the transaction, the executive vice president directly owned 8,605 shares in the company, valued at approximately $1,999,715.95. This represents a 21.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP James E. Devries sold 9,100 shares of Nordson stock in a transaction 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 sale, the executive vice president directly owned 51,223 shares in the company, valued at $11,965,692.80. This trade represents a 15.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 13,600 shares of company stock valued at $3,188,257 over the last 90 days. Insiders own 0.80% of the company’s stock.

Nordson Trading Up 1.2%

NASDAQ:NDSN opened at $243.36 on Tuesday. The business’s 50-day moving average is $234.65 and its two-hundred day moving average is $225.60. The firm has a market capitalization of $13.58 billion, a PE ratio of 28.53, a price-to-earnings-growth ratio of 1.65 and a beta of 1.01. Nordson Corporation has a 12 month low of $165.03 and a 12 month high of $251.47. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.64 and a quick ratio of 1.05.

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 business had revenue of $751.82 million during the quarter, compared to analyst estimates of $761.03 million. Nordson had a return on equity of 19.64% and a net margin of 17.35%.The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm 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. Research analysts predict that Nordson Corporation will post 10.2 earnings per share for the current fiscal 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 paid a dividend of $0.82 per share. The ex-dividend date is Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.3%. Nordson’s dividend payout ratio (DPR) is currently 38.45%.

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.