SG Americas Securities LLC Makes New $4.17 Million Investment in Nordson Corporation $NDSN

SG Americas Securities LLC purchased a new position in Nordson Corporation (NASDAQ:NDSN) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 17,348 shares of the industrial products company’s stock, valued at approximately $4,171,000.

Other large investors have also made changes to their positions in the company. State Street Corp increased its position in Nordson by 4.7% during the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after purchasing an additional 133,229 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Nordson by 110.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock valued at $163,093,000 after purchasing an additional 376,395 shares in the last quarter. Norges Bank purchased a new position in Nordson in the 2nd quarter valued at about $139,218,000. Millennium Management LLC boosted its stake in shares of Nordson by 61.9% during the 3rd quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock worth $134,442,000 after purchasing an additional 226,514 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Nordson by 1.2% during the third quarter. Northern Trust Corp now owns 492,080 shares of the industrial products company’s stock worth $111,678,000 after buying an additional 5,859 shares in the last quarter. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson Trading Up 0.4%

Shares of NDSN stock opened at $267.24 on Thursday. The firm’s 50-day simple moving average is $279.48 and its 200-day simple moving average is $252.41. 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 1-year low of $165.03 and a 1-year high of $305.28. The firm has a market cap of $14.91 billion, a P/E ratio of 28.86, a PEG ratio of 1.79 and a beta of 1.01.

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. The firm had revenue of $669.46 million during the quarter, compared to the consensus estimate of $652.68 million. Nordson had a net margin of 18.39% and a return on equity of 19.73%. Nordson’s revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.06 earnings per share. 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, equities analysts forecast that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Announces Dividend

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

Insider Buying and Selling at Nordson

In related news, EVP Joseph P. Kelley sold 23,052 shares of the stock in a transaction 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 of the company’s stock, valued at approximately $2,186,894.29. This trade represents a 75.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 transaction, the chief executive officer owned 64,824 shares in the company, valued at $19,010,286.24. The trade was a 39.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 73,577 shares of company stock worth $21,484,216 over the last ninety days. Corporate insiders own 0.84% of the company’s stock.

Analyst Upgrades and Downgrades

NDSN has been the subject of a number of analyst reports. Wall Street Zen raised shares of Nordson from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. KeyCorp raised their target price 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. Oppenheimer lifted their target price on shares of Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Robert W. Baird increased their price target on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a report on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.