Schroder Investment Management Group Takes Position in Nordson Corporation $NDSN

Schroder Investment Management Group acquired a new stake in Nordson Corporation (NASDAQ:NDSN) during the third quarter, according to its most recent filing with the SEC. The firm acquired 125,548 shares of the industrial products company’s stock, valued at approximately $28,493,000. Schroder Investment Management Group owned about 0.22% of Nordson as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the company. ICICI Prudential Asset Management Co Ltd raised its position in shares of Nordson by 77.5% during the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 14,200 shares of the industrial products company’s stock valued at $3,223,000 after acquiring an additional 6,200 shares during the last quarter. Jensen Investment Management Inc. bought a new stake in Nordson in the third quarter valued at about $2,735,000. Rakuten Investment Management Inc. bought a new position in Nordson during the third quarter worth about $1,100,000. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Nordson by 2.6% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 77,813 shares of the industrial products company’s stock worth $16,681,000 after buying an additional 1,972 shares during the period. Finally, HORAN Wealth LLC acquired a new stake in shares of Nordson in the 3rd quarter valued at approximately $917,000. Institutional investors own 72.11% of the company’s stock.

Nordson Price Performance

Nordson stock opened at $267.70 on Friday. The stock’s fifty day moving average price is $278.06 and its two-hundred day moving average price is $248.18. The firm has a market cap of $14.93 billion, a PE ratio of 28.91, a price-to-earnings-growth ratio of 1.85 and a beta of 0.98. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. Nordson Corporation has a one year low of $165.03 and a one year high of $305.28.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The firm had revenue of $669.46 million for the quarter, compared to analysts’ expectations of $652.68 million. During the same quarter in the previous year, the business posted $2.06 earnings per share. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. 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, research analysts expect that Nordson Corporation will post 10.2 EPS for the current fiscal year.

Nordson Dividend Announcement

The firm also recently disclosed 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. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, March 19th. Nordson’s payout ratio is currently 35.42%.

Insider Activity at Nordson

In other Nordson news, CEO Sundaram Nagarajan sold 41,800 shares of Nordson stock in a transaction 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 of the company’s stock, valued at approximately $19,010,286.24. The trade was a 39.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Joseph P. Kelley sold 23,052 shares of the company’s stock in a transaction that occurred on 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. The trade was a 75.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 73,577 shares of company stock worth $21,484,216. Insiders own 0.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. KeyCorp boosted their price objective on Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Oppenheimer raised their target price on shares of Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Wall Street Zen raised shares of Nordson from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Finally, DA Davidson set a $335.00 target price on 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’s stock. Based on data from MarketBeat.com, Nordson has a consensus rating of “Moderate Buy” and a consensus price target of $311.50.

About Nordson

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.