QRG Capital Management Inc. Invests $428,000 in Nordson Corporation $NDSN

QRG Capital Management Inc. bought a new stake in Nordson Corporation (NASDAQ:NDSN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,886 shares of the industrial products company’s stock, valued at approximately $428,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Klein Pavlis & Peasley Financial Inc. raised its holdings in shares of Nordson by 49.3% in the 3rd quarter. Klein Pavlis & Peasley Financial Inc. now owns 4,661 shares of the industrial products company’s stock valued at $1,058,000 after purchasing an additional 1,539 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in Nordson by 18.9% during the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 6,288 shares of the industrial products company’s stock worth $1,427,000 after purchasing an additional 1,000 shares during the period. Stephens Inc. AR increased its position in Nordson by 14.9% during the third quarter. Stephens Inc. AR now owns 3,332 shares of the industrial products company’s stock worth $756,000 after buying an additional 431 shares during the last quarter. Eastern Bank bought a new stake in Nordson in the third quarter valued at approximately $44,000. Finally, Quent Capital LLC acquired a new stake in shares of Nordson in the third quarter valued at approximately $32,000. 72.11% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Nordson news, 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 value of $2,125,760.00. Following the completion of the transaction, the executive vice president directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.80% of the stock is currently owned by company insiders.

Nordson Trading Down 1.0%

Shares of Nordson stock opened at $271.27 on Friday. 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 firm has a 50-day moving average of $245.35 and a 200-day moving average of $232.00. Nordson Corporation has a 52-week low of $165.03 and a 52-week high of $275.43. The stock has a market cap of $15.11 billion, a PE ratio of 31.80, a PEG ratio of 1.88 and a beta of 1.02.

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 net margin of 17.35% and a return on equity of 19.64%. The business had revenue of $751.82 million during the quarter, compared to analysts’ expectations of $761.03 million. During the same quarter in the previous year, the company earned $2.78 EPS. The business’s 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. As a group, sell-side analysts forecast that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 17th were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a yield of 1.2%. Nordson’s dividend payout ratio is currently 38.45%.

Wall Street Analysts Forecast Growth

NDSN has been the topic of a number of recent analyst reports. KeyCorp boosted their target price on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research report on Monday, December 29th. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Vertical Research raised shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price for the company in a report on Monday, December 15th. Finally, Robert W. Baird upped their price target on shares of Nordson from $252.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Four 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, Nordson has a consensus rating of “Hold” and a consensus target price of $266.29.

Nordson 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.