Texas Permanent School Fund Corp Decreases Stock Holdings in Nordson Corporation $NDSN

Texas Permanent School Fund Corp reduced its position in shares of Nordson Corporation (NASDAQ:NDSN) by 31.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,087 shares of the industrial products company’s stock after selling 2,291 shares during the quarter. Texas Permanent School Fund Corp’s holdings in Nordson were worth $1,090,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Quarry LP purchased a new stake in shares of Nordson during the first quarter worth about $28,000. Trust Co. of Toledo NA OH bought a new position in Nordson during the 2nd quarter valued at approximately $31,000. CYBER HORNET ETFs LLC purchased a new stake in Nordson in the 2nd quarter worth approximately $31,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Nordson by 640.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 148 shares of the industrial products company’s stock valued at $32,000 after buying an additional 128 shares during the period. Finally, NewSquare Capital LLC increased its stake in shares of Nordson by 212.0% during the second quarter. NewSquare Capital LLC now owns 156 shares of the industrial products company’s stock valued at $33,000 after buying an additional 106 shares during the period. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Insider Buying and Selling at Nordson

In other news, EVP James E. Devries sold 9,100 shares of Nordson stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $233.60, for a total value of $2,125,760.00. Following the completion of the transaction, the executive vice president owned 51,223 shares of the company’s stock, valued at $11,965,692.80. The trade was a 15.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Joseph P. Kelley sold 2,200 shares of the stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of $240.00, for a total transaction of $528,000.00. Following the sale, the executive vice president directly owned 6,405 shares in the company, valued at $1,537,200. This trade represents a 25.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 13,600 shares of company stock worth $3,188,257 over the last three months. Corporate insiders own 0.80% of the company’s stock.

Nordson Stock Up 0.6%

Shares of Nordson stock opened at $243.45 on Thursday. Nordson Corporation has a 1 year low of $165.03 and a 1 year high of $251.47. The firm has a market cap of $13.59 billion, a price-to-earnings ratio of 28.54, a PEG ratio of 1.66 and a beta of 1.01. The company has a 50-day moving average of $235.05 and a 200 day moving average of $225.92. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.64 and a quick ratio of 1.05.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.93 by $0.10. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The business had revenue of $751.82 million for the quarter, compared to analysts’ expectations of $761.03 million. During the same quarter in the prior year, the company earned $2.78 earnings per share. The business’s revenue was up 1.0% compared to the same quarter last year. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. As a group, sell-side analysts anticipate that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th will be paid a dividend of $0.82 per share. The ex-dividend date is Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a yield of 1.3%. Nordson’s payout ratio is presently 38.45%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Vertical Research raised Nordson from a “hold” rating to a “buy” rating and set a $270.00 price target for the company in a research note on Monday, December 15th. DA Davidson set a $290.00 target price on shares of Nordson in a research report on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research note on Tuesday. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Finally, Robert W. Baird raised their price objective on shares of Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $268.00.

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.