Citigroup Inc. Purchases 2,436 Shares of Nordson Corporation $NDSN

Citigroup Inc. lifted its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 2.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 91,121 shares of the industrial products company’s stock after acquiring an additional 2,436 shares during the period. Citigroup Inc. owned approximately 0.16% of Nordson worth $20,680,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Nordson in the second quarter valued at approximately $139,218,000. JPMorgan Chase & Co. raised its position in Nordson by 110.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock valued at $163,093,000 after buying an additional 376,395 shares during the last quarter. State Street Corp lifted 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 acquiring an additional 133,229 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Nordson by 10.2% during the 2nd quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock worth $185,729,000 after acquiring an additional 80,285 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in Nordson by 501.5% during the 2nd quarter. Squarepoint Ops LLC now owns 80,053 shares of the industrial products company’s stock worth $17,161,000 after acquiring an additional 66,744 shares during the last quarter. 72.11% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Nordson news, EVP Joseph P. Kelley sold 8,725 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $293.04, for a total value of $2,556,774.00. Following the sale, the executive vice president owned 7,268 shares of the company’s stock, valued at $2,129,814.72. This trade represents a 54.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sundaram Nagarajan sold 41,800 shares of Nordson stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the sale, the chief executive officer owned 64,824 shares of the company’s stock, valued at approximately $19,010,286.24. The trade was a 39.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 73,577 shares of company stock worth $21,484,216 in the last quarter. 0.84% of the stock is currently owned by company insiders.

Nordson Stock Up 0.6%

NDSN opened at $292.62 on Friday. Nordson Corporation has a 12 month low of $165.03 and a 12 month high of $305.28. The company has a market cap of $16.32 billion, a PE ratio of 31.60, a price-to-earnings-growth ratio of 1.97 and a beta of 1.01. The company has a current ratio of 2.72, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. The company has a 50 day moving average of $270.53 and a 200 day moving average of $243.81.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The firm had revenue of $669.46 million for the quarter, compared to the consensus estimate of $652.68 million. During the same quarter in the prior year, the business posted $2.06 earnings per share. The business’s quarterly revenue was up 8.8% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. On average, sell-side analysts expect that Nordson Corporation will post 10.2 EPS 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 issued a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 17th. Nordson’s dividend payout ratio (DPR) is presently 35.42%.

Wall Street Analyst Weigh In

NDSN has been the topic of a number of recent analyst reports. Vertical Research raised shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 price target on the stock in a research report on Monday, December 15th. Jefferies Financial Group reissued a “hold” rating and set a $300.00 target price on shares of Nordson in a research report on Monday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, Robert W. Baird boosted their price objective on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $311.50.

Nordson News Roundup

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Analysts have been lifting ratings and price targets this month (KeyCorp and Oppenheimer raised targets to ~$325; DA Davidson set $335) and one momentum write-up highlights Nordson’s strong technical/quality characteristics — these support further upside if fundamentals and guidance remain intact. Analyst Notes & Coverage
• Positive Sentiment: Zacks published a piece framing Nordson as a strong momentum stock, which can attract trend-following and quant flows into the name. Here’s Why Nordson is a Strong Momentum Stock
• Neutral Sentiment: Institutional ownership remains high (~72%); recent small adjustments by a few funds are not a material shift in stewardship and suggest institutional conviction is largely intact. MarketBeat Institutional Activity
• Negative Sentiment: Significant insider selling has emerged: CEO Sundaram Nagarajan sold ~41,800 shares (~$12.3M) and EVP Joseph Kelley sold multiple blocks (23,052 and 8,725 shares), representing large percentage reductions in their holdings. Large, clustered insider sales can weigh on investor sentiment even if filings indicate routine diversification. Top Nordson Insiders Quietly Cash Out
• Negative Sentiment: MarketWatch flagged that Nordson underperformed peers on Wednesday, which may reflect sector rotation or near-term profit-taking following recent gains — a risk for short-term relative performance. Nordson Underperforms Peers

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.