Farther Finance Advisors LLC Increases Position in Nordson Corporation $NDSN

Farther Finance Advisors LLC lifted its position in shares of Nordson Corporation (NASDAQ:NDSN) by 1,573.7% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,519 shares of the industrial products company’s stock after buying an additional 8,010 shares during the quarter. Farther Finance Advisors LLC’s holdings in Nordson were worth $1,933,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Nordson by 0.4% in the second quarter. Vanguard Group Inc. now owns 6,200,937 shares of the industrial products company’s stock valued at $1,329,295,000 after acquiring an additional 22,090 shares in the last quarter. State Street Corp raised its stake in Nordson by 4.7% during the 2nd 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 during the period. Massachusetts Financial Services Co. MA lifted its holdings in Nordson by 4.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,068,214 shares of the industrial products company’s stock worth $228,993,000 after purchasing an additional 48,556 shares in the last quarter. ProShare Advisors LLC boosted its stake in Nordson by 10.2% in the 2nd quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock worth $185,729,000 after purchasing an additional 80,285 shares during the period. Finally, Champlain Investment Partners LLC grew its holdings in Nordson by 2.4% during the 2nd quarter. Champlain Investment Partners LLC now owns 816,115 shares of the industrial products company’s stock valued at $174,951,000 after buying an additional 19,195 shares in the last quarter. Institutional investors own 72.11% of the company’s stock.

Nordson Stock Up 0.2%

Shares of NASDAQ NDSN opened at $243.99 on Friday. The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56. Nordson Corporation has a 12-month low of $165.03 and a 12-month high of $251.47. The firm’s 50-day moving average price is $235.49 and its 200-day moving average price is $226.21. The stock has a market capitalization of $13.62 billion, a price-to-earnings ratio of 28.60, a P/E/G ratio of 1.67 and a beta of 1.01.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.10. Nordson had a return on equity of 19.64% and a net margin of 17.35%.The company had revenue of $751.82 million for the quarter, compared to analysts’ expectations of $761.03 million. During the same period in the previous year, the firm posted $2.78 earnings per share. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. 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, equities research analysts anticipate that Nordson Corporation will post 10.2 EPS for the current fiscal year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Wednesday, December 17th will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.3%. The ex-dividend date is Wednesday, December 17th. Nordson’s dividend payout ratio is presently 38.45%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. KeyCorp boosted their target price on shares of Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Vertical Research upgraded shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 price target on the stock in a research note on Monday, December 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a research report on Tuesday. DA Davidson set a $290.00 target price on Nordson in a research report on Friday, December 12th. Finally, Robert W. Baird increased their price target on Nordson from $252.00 to $275.00 and gave the company a “neutral” rating in a research note 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $268.00.

Insiders Place Their Bets

In other news, EVP Joseph P. Kelley sold 2,200 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $240.00, for a total value of $528,000.00. Following the completion of the sale, the executive vice president owned 6,405 shares in the company, valued at approximately $1,537,200. This trade represents a 25.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP James E. Devries sold 9,100 shares of Nordson stock in a transaction dated 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 transaction, the executive vice president directly owned 51,223 shares of the company’s stock, valued at approximately $11,965,692.80. This represents a 15.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 13,600 shares of company stock valued at $3,188,257. 0.80% of the stock is owned by corporate insiders.

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.