Crown Oak Advisors LLC Sells 9,880 Shares of Nordson Corporation $NDSN

Crown Oak Advisors LLC decreased its stake in Nordson Corporation (NASDAQ:NDSN) by 25.3% in the 1st quarter, Holdings Channel reports. The firm owned 29,188 shares of the industrial products company’s stock after selling 9,880 shares during the quarter. Nordson accounts for approximately 3.9% of Crown Oak Advisors LLC’s portfolio, making the stock its 9th biggest position. Crown Oak Advisors LLC’s holdings in Nordson were worth $7,766,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Nordson by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock worth $1,504,515,000 after buying an additional 186,480 shares during the period. State Street Corp boosted its stake in shares of 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 acquiring an additional 133,229 shares in the last quarter. Morgan Stanley boosted its stake in shares of Nordson by 6.2% during the 4th quarter. Morgan Stanley now owns 1,582,637 shares of the industrial products company’s stock worth $380,514,000 after acquiring an additional 92,970 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Nordson by 24.0% in the 4th quarter. JPMorgan Chase & Co. now owns 891,016 shares of the industrial products company’s stock worth $214,227,000 after acquiring an additional 172,400 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Nordson by 12.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 851,679 shares of the industrial products company’s stock worth $204,769,000 after acquiring an additional 97,416 shares during the period. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Insider Activity

In other Nordson news, EVP Justin E. Hall sold 716 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total transaction of $197,487.12. Following the sale, the executive vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Srinivas Subramanian sold 3,100 shares of Nordson stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $280.00, for a total transaction of $868,000.00. Following the sale, the executive vice president owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This trade represents a 32.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.84% of the company’s stock.

Analyst Ratings Changes

NDSN has been the subject of several research reports. BNP Paribas Exane lifted their price objective on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Weiss Ratings raised Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. DA Davidson raised their price target on Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, Oppenheimer boosted their price objective on shares of Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $311.29.

Nordson Trading Down 2.0%

Shares of Nordson stock opened at $295.64 on Thursday. Nordson Corporation has a 1 year low of $207.08 and a 1 year high of $307.74. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. The business has a 50 day moving average price of $286.95 and a 200 day moving average price of $275.66. The company has a market capitalization of $16.47 billion, a P/E ratio of 31.52, a P/E/G ratio of 2.00 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. The firm had revenue of $740.85 million for the quarter, compared to analysts’ expectations of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.Nordson’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.42 EPS. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Sell-side analysts anticipate that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is currently 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.