Meiji Yasuda Asset Management Co Ltd. Sells 1,900 Shares of Nordson Corporation $NDSN

Meiji Yasuda Asset Management Co Ltd. reduced its position in Nordson Corporation (NASDAQ:NDSN) by 40.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,852 shares of the industrial products company’s stock after selling 1,900 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Nordson were worth $686,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Private Trust Co. NA raised its holdings in shares of Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in Nordson in the second quarter valued at about $31,000. Root Financial Partners LLC purchased a new position in Nordson in the third quarter valued at about $36,000. MUFG Securities EMEA plc purchased a new position in Nordson in the second quarter valued at about $34,000. Finally, Annis Gardner Whiting Capital Advisors LLC grew its stake in Nordson by 398.2% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 284 shares of the industrial products company’s stock valued at $64,000 after purchasing an additional 227 shares during the last quarter. 72.11% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on NDSN. Robert W. Baird lifted their target price on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Oppenheimer lifted their target price on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research note on Tuesday, February 24th. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. BNP Paribas Exane lifted their target price on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday. Finally, DA Davidson reiterated a “buy” rating and issued a $335.00 target price on shares of Nordson in a research note on Thursday. Five 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, the stock has a consensus rating of “Moderate Buy” and an average target price of $308.43.

Insiders Place Their Bets

In related news, CEO Sundaram Nagarajan sold 41,800 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total value of $12,258,268.00. Following the sale, the chief executive officer owned 64,824 shares in the company, valued at $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $280.00, for a total value of $868,000.00. Following the completion of the sale, the executive vice president owned 6,407 shares in the company, valued at approximately $1,793,960. This represents a 32.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 77,393 shares of company stock worth $22,549,703 over the last ninety days. Insiders own 0.84% of the company’s stock.

Nordson Price Performance

Shares of NDSN stock opened at $289.90 on Friday. Nordson Corporation has a fifty-two week low of $191.99 and a fifty-two week high of $305.28. The firm has a market capitalization of $16.17 billion, a price-to-earnings ratio of 30.91, a PEG ratio of 1.94 and a beta of 0.99. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.74 and a current ratio of 2.60. The stock’s 50-day simple moving average is $274.97 and its 200-day simple moving average is $264.17.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The business had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. During the same quarter in the previous year, the firm earned $2.42 earnings per share. The company’s revenue was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, equities analysts forecast that Nordson Corporation will post 11.51 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th were paid a dividend of $0.82 per share. The ex-dividend date was Thursday, March 19th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. Nordson’s payout ratio is presently 34.97%.

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.