5,656 Shares in Nordson Corporation $NDSN Purchased by Dakota Wealth Management

Dakota Wealth Management bought a new stake in Nordson Corporation (NASDAQ:NDSNFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,656 shares of the industrial products company’s stock, valued at approximately $1,360,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mitchell & Pahl Private Wealth LLC grew its holdings in shares of Nordson by 0.9% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 4,770 shares of the industrial products company’s stock worth $1,083,000 after buying an additional 43 shares in the last quarter. Bessemer Group Inc. lifted its stake in shares of Nordson by 12.0% during the third quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock valued at $98,000 after buying an additional 46 shares during the period. Argent Trust Co lifted its stake in shares of Nordson by 3.6% during the third quarter. Argent Trust Co now owns 1,325 shares of the industrial products company’s stock valued at $301,000 after buying an additional 46 shares during the period. Elevation Point Wealth Partners LLC boosted its position in Nordson by 3.5% during the second quarter. Elevation Point Wealth Partners LLC now owns 1,436 shares of the industrial products company’s stock worth $308,000 after acquiring an additional 48 shares during the last quarter. Finally, Norden Group LLC grew its stake in Nordson by 4.4% in the 4th quarter. Norden Group LLC now owns 1,199 shares of the industrial products company’s stock worth $288,000 after acquiring an additional 50 shares during the period. 72.11% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on NDSN. Jefferies Financial Group reiterated a “hold” rating and issued a $300.00 price target on shares of Nordson in a report on Monday, February 23rd. KeyCorp raised their price objective on Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Oppenheimer upped their target price on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research note on Tuesday, February 24th. Vertical Research upgraded Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price on the stock in a research report on Monday, December 15th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Nordson currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.50.

Check Out Our Latest Analysis on Nordson

Insider Transactions at Nordson

In other news, EVP Joseph P. Kelley sold 23,052 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $289.31, for a total value of $6,669,174.12. Following the transaction, the executive vice president directly owned 7,559 shares in the company, valued at $2,186,894.29. This trade represents a 75.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sundaram Nagarajan sold 41,800 shares of the firm’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 64,824 shares in the company, valued at approximately $19,010,286.24. This represents a 39.20% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 73,577 shares of company stock worth $21,484,216. Company insiders own 0.84% of the company’s stock.

Nordson Stock Performance

NASDAQ:NDSN opened at $260.21 on Friday. The company has a market cap of $14.51 billion, a P/E ratio of 28.10, a P/E/G ratio of 1.76 and a beta of 0.98. The firm’s 50 day moving average is $279.91 and its two-hundred day moving average is $251.61. Nordson Corporation has a fifty-two week low of $165.03 and a fifty-two week 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:NDSNGet Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (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 net margin of 18.39% and a return on equity of 19.73%. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the company 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. Analysts expect that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th will be paid a dividend of $0.82 per share. The ex-dividend date is Thursday, March 19th. This represents a $3.28 annualized dividend and a yield of 1.3%. Nordson’s dividend payout ratio is currently 35.42%.

Nordson Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

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