Jefferies Financial Group Inc. Takes $4.63 Million Position in Nordson Corporation $NDSN

Jefferies Financial Group Inc. acquired a new stake in Nordson Corporation (NASDAQ:NDSN) during the 4th quarter, Holdings Channel.com reports. The fund acquired 19,241 shares of the industrial products company’s stock, valued at approximately $4,626,000.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Nordson by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock valued at $1,504,515,000 after acquiring an additional 186,480 shares during the last quarter. State Street Corp boosted its holdings in shares of Nordson by 4.7% in the 2nd 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 during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of 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 acquiring an additional 376,395 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Nordson by 61.9% in the 3rd quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock valued at $134,442,000 after acquiring an additional 226,514 shares during the last quarter. Finally, M&T Bank Corp boosted its holdings in shares of Nordson by 10,127.9% in the 4th quarter. M&T Bank Corp now owns 586,877 shares of the industrial products company’s stock valued at $141,103,000 after acquiring an additional 581,139 shares during the last quarter. 72.11% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Nordson

In related news, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $280.00, for a total transaction of $868,000.00. Following the completion of the transaction, the executive vice president owned 6,407 shares in the company, valued at $1,793,960. This represents a 32.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the company’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 transaction, the executive vice president owned 1,515 shares of the company’s stock, valued at approximately $417,867.30. This trade represents a 32.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.84% of the company’s stock.

Nordson Stock Performance

Shares of NASDAQ NDSN opened at $289.90 on Tuesday. The company’s fifty day moving average price is $275.41 and its 200 day moving average price is $264.83. Nordson Corporation has a 1 year low of $191.99 and a 1 year high of $305.28. The company has a market capitalization of $16.17 billion, a PE ratio of 30.91, a price-to-earnings-growth 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.

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

Nordson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th were issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is presently 34.97%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on NDSN shares. KeyCorp upped their price objective on shares of Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Oppenheimer increased their price target 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 downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. DA Davidson reissued a “buy” rating and set a $335.00 price target on shares of Nordson in a report on Thursday, May 21st. Finally, Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $308.43.

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.