Harbor Capital Advisors Inc. Has $539,000 Stake in Nordson Corporation $NDSN

Harbor Capital Advisors Inc. reduced its holdings in Nordson Corporation (NASDAQ:NDSN) by 71.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,377 shares of the industrial products company’s stock after selling 5,816 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Nordson were worth $539,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of NDSN. Vanguard Group Inc. increased its stake in Nordson by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 6,200,937 shares of the industrial products company’s stock worth $1,329,295,000 after purchasing an additional 22,090 shares in the last quarter. State Street Corp increased its position in shares of Nordson by 4.7% during the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after acquiring an additional 133,229 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Nordson by 4.8% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,068,214 shares of the industrial products company’s stock worth $228,993,000 after acquiring an additional 48,556 shares during the period. ProShare Advisors LLC lifted its position in Nordson by 10.2% in the 2nd quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock valued at $185,729,000 after acquiring an additional 80,285 shares in the last quarter. Finally, Champlain Investment Partners LLC boosted its stake in Nordson by 2.4% in the 2nd quarter. Champlain Investment Partners LLC now owns 816,115 shares of the industrial products company’s stock worth $174,951,000 after purchasing an additional 19,195 shares during the period. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Nordson Stock Up 0.2%

NDSN stock opened at $243.99 on Monday. The company has a market cap of $13.62 billion, a price-to-earnings ratio of 28.60, a P/E/G ratio of 1.68 and a beta of 1.01. Nordson Corporation has a twelve month low of $165.03 and a twelve month high of $251.47. The business has a 50 day moving average price of $235.49 and a two-hundred day moving average price of $226.28. The company has a quick ratio of 1.05, a current ratio of 1.64 and a debt-to-equity ratio of 0.56.

Nordson (NASDAQ:NDSN) last released its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 EPS for the quarter, beating the consensus estimate of $2.93 by $0.10. The company had revenue of $751.82 million during the quarter, compared to the consensus estimate of $761.03 million. Nordson had a return on equity of 19.64% and a net margin of 17.35%.The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.78 EPS. 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 anticipate that Nordson Corporation will post 10.2 EPS 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 annualized dividend and a dividend yield of 1.3%. Nordson’s payout ratio is currently 38.45%.

Insider Transactions at Nordson

In related 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 directly owned 6,405 shares in the company, valued at approximately $1,537,200. This trade represents a 25.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 value of $2,125,760.00. Following the transaction, the executive vice president owned 51,223 shares of the company’s stock, valued at $11,965,692.80. The trade was a 15.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 13,600 shares of company stock worth $3,188,257. 0.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on NDSN. DA Davidson set a $290.00 price target on Nordson in a research note on Friday, December 12th. Vertical Research raised Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price on the stock in a research report on Monday, December 15th. KeyCorp boosted their target price on Nordson from $250.00 to $295.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Robert W. Baird raised their price target on shares of Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a report on Tuesday, December 23rd. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $268.00.

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.