Davis R M Inc. Sells 12,775 Shares of Nordson Corporation $NDSN

Davis R M Inc. decreased its position in Nordson Corporation (NASDAQ:NDSN) by 50.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 12,366 shares of the industrial products company’s stock after selling 12,775 shares during the period. Davis R M Inc.’s holdings in Nordson were worth $2,807,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. CYBER HORNET ETFs LLC purchased a new stake in Nordson in the 2nd quarter worth approximately $31,000. Quent Capital LLC bought a new position in shares of Nordson during the third quarter valued at approximately $32,000. NewSquare Capital LLC lifted its stake in Nordson by 212.0% in the second quarter. NewSquare Capital LLC now owns 156 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 106 shares during the period. MUFG Securities EMEA plc purchased a new stake in Nordson in the second quarter worth $34,000. Finally, Root Financial Partners LLC bought a new stake in Nordson in the third quarter valued at $36,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NDSN. Oppenheimer boosted their price target on shares of Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. Vertical Research upgraded Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price for the company in a research note on Monday, December 15th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $300.00 price target on shares of Nordson in a research note on Monday, February 23rd. Finally, DA Davidson set a $335.00 price objective on Nordson in a research report on Monday, February 23rd. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $311.50.

Insider Activity

In related news, CEO Sundaram Nagarajan sold 41,800 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total value of $12,258,268.00. Following the transaction, the chief executive officer directly owned 64,824 shares of the company’s stock, valued at approximately $19,010,286.24. This represents a 39.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Joseph P. Kelley sold 23,052 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $289.31, for a total value of $6,669,174.12. Following the sale, the executive vice president owned 7,559 shares in the company, valued at approximately $2,186,894.29. This represents a 75.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 73,577 shares of company stock valued at $21,484,216 over the last ninety days. Corporate insiders own 0.84% of the company’s stock.

Nordson Stock Up 0.3%

NDSN stock opened at $293.44 on Monday. The business has a 50 day moving average of $271.59 and a 200 day moving average of $244.74. The firm has a market cap of $16.37 billion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 1.99 and a beta of 0.98. Nordson Corporation has a twelve month low of $165.03 and a twelve month high of $305.28. The company has a quick ratio of 1.74, a current ratio of 2.72 and a debt-to-equity ratio of 0.63.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. The firm had revenue of $669.46 million for the quarter, compared to analysts’ expectations of $652.68 million. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The company’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.06 earnings per share. 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, research analysts forecast that Nordson Corporation will post 10.2 EPS for the current fiscal year.

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.