ProShare Advisors LLC Trims Stock Position in Nordson Corporation $NDSN

ProShare Advisors LLC decreased its stake in shares of Nordson Corporation (NASDAQ:NDSN) by 10.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 773,547 shares of the industrial products company’s stock after selling 92,849 shares during the period. ProShare Advisors LLC owned approximately 1.38% of Nordson worth $175,556,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Legacy Financial Strategies LLC lifted its holdings in Nordson by 0.8% in the third quarter. Legacy Financial Strategies LLC now owns 12,560 shares of the industrial products company’s stock worth $2,850,000 after buying an additional 96 shares during the period. Alps Advisors Inc. purchased a new position in shares of Nordson in the 3rd quarter valued at approximately $463,000. Bond & Devick Financial Network Inc. boosted its position in shares of Nordson by 0.4% during the third quarter. Bond & Devick Financial Network Inc. now owns 44,727 shares of the industrial products company’s stock valued at $10,151,000 after purchasing an additional 188 shares in the last quarter. HORAN Wealth LLC purchased a new stake in Nordson in the third quarter worth $917,000. Finally, Bessemer Group Inc. raised its holdings in Nordson by 12.0% in the third quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock worth $98,000 after purchasing an additional 46 shares in the last quarter. 72.11% of the stock is owned by institutional investors.

Nordson Price Performance

NASDAQ NDSN opened at $290.18 on Monday. 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 Corporation has a 1-year low of $165.03 and a 1-year high of $291.01. The stock has a market capitalization of $16.16 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 2.00 and a beta of 1.01. The business’s fifty day moving average price is $254.37 and its 200-day moving average price is $236.39.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share (EPS) 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 business had revenue of $751.82 million for the quarter, compared to analysts’ expectations of $761.03 million. During the same period last year, the firm posted $2.78 earnings per share. The business’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 analysts predict that Nordson Corporation will post 10.2 earnings per share for the current year.

Nordson Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Wednesday, December 17th. Nordson’s dividend payout ratio is presently 38.45%.

Analyst Upgrades and Downgrades

NDSN has been the topic of a number of research reports. Vertical Research upgraded shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price on the stock in a report on Monday, December 15th. DA Davidson set a $290.00 price objective on shares of Nordson in a research note on Friday, December 12th. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. KeyCorp boosted their price target on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Nordson has an average rating of “Hold” and an average price target of $266.29.

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.