Norris Perne & French LLP MI Sells 3,495 Shares of Nordson Corporation $NDSN

Norris Perne & French LLP MI reduced its holdings in Nordson Corporation (NASDAQ:NDSN) by 5.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 58,614 shares of the industrial products company’s stock after selling 3,495 shares during the period. Norris Perne & French LLP MI’s holdings in Nordson were worth $13,302,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in NDSN. Quarry LP bought a new position in shares of Nordson in the 1st quarter valued at about $28,000. CYBER HORNET ETFs LLC purchased a new stake in Nordson during the second quarter valued at approximately $31,000. Trust Co. of Toledo NA OH bought a new stake in shares of Nordson in the 2nd quarter valued at approximately $31,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Nordson by 640.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 148 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 128 shares during the last quarter. Finally, NewSquare Capital LLC boosted its holdings in shares of Nordson by 212.0% in the 2nd 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 period. 72.11% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Nordson news, EVP Joseph P. Kelley sold 2,200 shares of the company’s stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of $240.00, for a total value of $528,000.00. Following the completion of the sale, the executive vice president directly owned 6,405 shares in the company, valued at approximately $1,537,200. This represents a 25.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP James E. Devries sold 9,100 shares of the stock in a transaction on 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 transaction, the executive vice president directly owned 51,223 shares in the company, valued at $11,965,692.80. The trade was a 15.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 13,600 shares of company stock valued at $3,188,257. 0.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

NDSN has been the subject of a number of analyst reports. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Robert W. Baird raised their target price on shares of Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research note on Tuesday, December 23rd. DA Davidson set a $290.00 price objective on shares of Nordson in a research report on Friday, December 12th. Finally, KeyCorp boosted their target price on Nordson from $250.00 to $295.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Nordson currently has an average rating of “Moderate Buy” and an average target price of $268.00.

Nordson Trading Up 0.2%

NDSN stock opened at $243.99 on Monday. Nordson Corporation has a 12 month low of $165.03 and a 12 month high of $251.47. The firm’s 50-day moving average is $235.49 and its 200 day moving average is $226.28. The company has a market capitalization of $13.62 billion, a PE ratio of 28.60, a P/E/G ratio of 1.68 and a beta of 1.01. 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 issued its earnings results on Wednesday, December 10th. The industrial products company reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.10. The business had revenue of $751.82 million for the quarter, compared to the consensus estimate of $761.03 million. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.78 EPS. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. On average, research analysts anticipate that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Dividend Announcement

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

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.