American Century Companies Inc. Purchases 5,007 Shares of Nordson Corporation $NDSN

American Century Companies Inc. boosted its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 1.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 325,201 shares of the industrial products company’s stock after acquiring an additional 5,007 shares during the quarter. American Century Companies Inc. owned 0.58% of Nordson worth $73,804,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NDSN. World Investment Advisors bought a new position in Nordson during the second quarter worth $200,000. Assetmark Inc. grew its holdings in shares of Nordson by 8.6% during the second quarter. Assetmark Inc. now owns 10,297 shares of the industrial products company’s stock valued at $2,207,000 after buying an additional 813 shares during the last quarter. South Dakota Investment Council purchased a new stake in Nordson in the 2nd quarter valued at $198,000. Bank of New York Mellon Corp boosted its holdings in Nordson by 8.3% during the second quarter. Bank of New York Mellon Corp now owns 542,208 shares of the industrial products company’s stock worth $116,233,000 after purchasing an additional 41,507 shares during the last quarter. Finally, NewSquare Capital LLC boosted its position 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 purchasing an additional 106 shares during the last quarter. 72.11% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. DA Davidson set a $335.00 price objective on Nordson in a research note on Monday, February 23rd. Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 price objective on shares of Nordson in a report on Monday, February 23rd. KeyCorp lifted their price target on shares of Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Finally, Oppenheimer boosted their price target on shares of Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $311.50.

Nordson Trading Up 0.2%

Shares of NASDAQ NDSN opened at $288.42 on Thursday. Nordson Corporation has a 1 year low of $165.03 and a 1 year high of $305.28. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. The stock has a market cap of $16.09 billion, a P/E ratio of 31.15, a price-to-earnings-growth ratio of 1.95 and a beta of 0.98. The firm has a 50-day moving average of $274.38 and a 200 day moving average of $246.09.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 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 business had revenue of $669.46 million for the quarter, compared to the consensus estimate of $652.68 million. During the same period in the previous year, the company posted $2.06 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, sell-side analysts expect that Nordson Corporation will post 10.2 EPS for the current fiscal year.

Insider Transactions at Nordson

In other news, 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 value of $12,258,268.00. Following the completion of the sale, the chief executive officer directly owned 64,824 shares in the company, valued at $19,010,286.24. The trade was a 39.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Joseph P. Kelley sold 8,725 shares of the firm’s stock in a transaction on 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 completion of the transaction, the executive vice president owned 7,268 shares in the company, valued at approximately $2,129,814.72. This trade represents a 54.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 73,577 shares of company stock worth $21,484,216. Insiders own 0.84% of the company’s stock.

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.