ProShare Advisors LLC Cuts Stock Holdings in Nordson Corporation $NDSN

ProShare Advisors LLC trimmed its stake in shares of Nordson Corporation (NASDAQ:NDSN) by 11.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 686,924 shares of the industrial products company’s stock after selling 86,623 shares during the period. ProShare Advisors LLC’s holdings in Nordson were worth $165,157,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NDSN. Arrowstreet Capital Limited Partnership grew its stake in Nordson by 314.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock valued at $2,335,000 after acquiring an additional 8,268 shares in the last quarter. Marshall Wace LLP purchased a new position in Nordson during the second quarter valued at $8,594,000. Cerity Partners LLC grew its stake in Nordson by 23.6% during the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock valued at $3,027,000 after acquiring an additional 2,692 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Nordson by 2.4% during the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company’s stock valued at $2,221,000 after acquiring an additional 244 shares in the last quarter. Finally, State Street Corp grew its stake in Nordson by 4.7% during the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after acquiring an additional 133,229 shares in the last quarter. 72.11% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. DA Davidson set a $335.00 target price on shares of Nordson in a research note on Monday, February 23rd. Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 target price on shares of Nordson in a research note on Monday, February 23rd. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. KeyCorp increased their price objective on shares of Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Finally, Oppenheimer increased their price objective on shares of Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. 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, Nordson currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.50.

Nordson Price Performance

NDSN stock opened at $276.76 on Tuesday. Nordson Corporation has a 52 week low of $191.99 and a 52 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. The company has a fifty day simple moving average of $274.29 and a two-hundred day simple moving average of $263.02. The firm has a market capitalization of $15.44 billion, a P/E ratio of 29.89, a price-to-earnings-growth ratio of 1.84 and a beta of 0.99.

Nordson (NASDAQ:NDSN) last released its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, beating the consensus estimate of $2.36 by $0.01. Nordson had a net margin of 18.39% and a return on equity of 19.73%. The business had revenue of $669.46 million during the quarter, compared to analyst estimates of $652.68 million. During the same quarter last year, the business earned $2.06 earnings per share. Nordson’s quarterly revenue was up 8.8% compared to the same quarter last year. 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 anticipate that Nordson Corporation will post 11.47 earnings per share for the current fiscal year.

Nordson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th were given a dividend of $0.82 per share. The ex-dividend date was Thursday, March 19th. This represents a $3.28 annualized dividend and a yield of 1.2%. Nordson’s dividend payout ratio (DPR) is 35.42%.

Insider Activity

In other news, EVP Joseph P. Kelley sold 8,725 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $293.04, for a total value of $2,556,774.00. Following the completion of the sale, the executive vice president owned 7,268 shares in the company, valued at approximately $2,129,814.72. This trade represents a 54.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Justin E. Hall sold 716 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total transaction of $197,487.12. Following the completion of the sale, the executive vice president owned 1,515 shares of the company’s stock, valued at $417,867.30. This trade represents a 32.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 77,393 shares of company stock worth $22,549,703 over the last 90 days. Insiders own 0.84% of the company’s stock.

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.