Barclays PLC Reduces Position in Nordson Corporation $NDSN

Barclays PLC trimmed its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 27.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 126,886 shares of the industrial products company’s stock after selling 49,013 shares during the period. Barclays PLC owned 0.23% of Nordson worth $28,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Quent Capital LLC acquired a new position in shares of Nordson in the 3rd quarter valued at $32,000. CYBER HORNET ETFs LLC purchased a new stake in Nordson in the second quarter valued at approximately $31,000. Root Financial Partners LLC acquired a new stake in shares of Nordson in the third quarter valued at approximately $36,000. MUFG Securities EMEA plc purchased a new position in shares of Nordson during the second quarter worth approximately $34,000. Finally, SJS Investment Consulting Inc. raised its position in Nordson by 3,180.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 164 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 159 shares during the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Insider Activity

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 shares were sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the transaction, the executive vice president owned 7,268 shares of the company’s stock, valued at approximately $2,129,814.72. This trade represents a 54.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sundaram Nagarajan sold 41,800 shares of the business’s stock in a transaction 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 completion of the sale, the chief executive officer directly owned 64,824 shares in the company, valued at $19,010,286.24. This represents a 39.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 73,577 shares of company stock valued at $21,484,216 over the last 90 days. Insiders own 0.84% of the company’s stock.

Nordson Stock Performance

Shares of NDSN opened at $273.69 on Thursday. Nordson Corporation has a 1 year low of $165.03 and a 1 year high of $305.28. The company’s 50 day simple moving average is $277.51 and its 200 day simple moving average is $248.05. The company has a market capitalization of $15.27 billion, a price-to-earnings ratio of 29.56, a PEG ratio of 1.85 and a beta of 0.98. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, beating the consensus estimate of $2.36 by $0.01. The company had revenue of $669.46 million during 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 firm’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.06 EPS. 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 predict that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th will be paid a $0.82 dividend. The ex-dividend date is Thursday, March 19th. This represents a $3.28 annualized dividend and a dividend yield of 1.2%. Nordson’s dividend payout ratio is 35.42%.

Analysts Set New Price Targets

NDSN has been the subject of a number of recent research reports. Oppenheimer increased their price objective on Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. Robert W. Baird boosted their price objective on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. KeyCorp upped their price objective on shares of Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $300.00 target price on shares of Nordson in a report on Monday, February 23rd. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $311.50.

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.