Cynosure Group LLC Cuts Holdings in Nordson Corporation $NDSN

Cynosure Group LLC trimmed its position in Nordson Corporation (NASDAQ:NDSN) by 60.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,562 shares of the industrial products company’s stock after selling 3,956 shares during the quarter. Cynosure Group LLC’s holdings in Nordson were worth $581,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of 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 acquiring an additional 22,090 shares in the last quarter. State Street Corp increased its position in Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after purchasing an additional 133,229 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in 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 valued at $228,993,000 after purchasing an additional 48,556 shares in the last quarter. ProShare Advisors LLC raised its stake in Nordson by 10.2% during the second quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock valued at $185,729,000 after purchasing an additional 80,285 shares in the last quarter. Finally, Champlain Investment Partners LLC lifted its position in Nordson by 2.4% during the second quarter. Champlain Investment Partners LLC now owns 816,115 shares of the industrial products company’s stock valued at $174,951,000 after purchasing an additional 19,195 shares during the last quarter. 72.11% of the stock is owned by institutional investors.

Nordson Trading Up 0.2%

Shares of NASDAQ NDSN opened at $241.03 on Monday. Nordson Corporation has a fifty-two week low of $165.03 and a fifty-two week high of $251.47. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.05 and a current ratio of 1.64. The company has a market cap of $13.45 billion, a price-to-earnings ratio of 28.26, a PEG ratio of 1.66 and a beta of 1.02. The business’s 50 day moving average price is $236.09 and its 200-day moving average price is $227.20.

Nordson (NASDAQ:NDSN) last announced 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. 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 the consensus estimate of $761.03 million. During the same quarter in the prior year, the company posted $2.78 EPS. Nordson’s quarterly revenue 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, sell-side analysts expect that Nordson Corporation will post 10.2 earnings per share for the current year.

Nordson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th were given a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Wednesday, December 17th. Nordson’s payout ratio is 38.45%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NDSN. KeyCorp upped their target price on shares of Nordson from $250.00 to $295.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Vertical Research raised Nordson from a “hold” rating to a “buy” rating and set a $270.00 price objective on the stock in a research note on Monday, December 15th. Robert W. Baird raised their price objective on Nordson from $252.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. DA Davidson set a $290.00 target price on Nordson in a report on Friday, December 12th. Finally, Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $268.00.

Insider Buying and Selling

In other Nordson news, EVP Joseph P. Kelley sold 2,300 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 8,605 shares in the company, valued at $1,999,715.95. This trade represents a 21.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP James E. Devries sold 9,100 shares of Nordson stock in a transaction on Monday, November 10th. The shares were sold at an average price of $233.60, for a total value of $2,125,760.00. Following the sale, the executive vice president directly owned 51,223 shares of the company’s stock, valued at approximately $11,965,692.80. This trade represents a 15.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 13,600 shares of company stock worth $3,188,257. Corporate insiders own 0.80% of the company’s stock.

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.