Davis R M Inc. Decreases Holdings in Nordson Corporation $NDSN

Davis R M Inc. lowered its position in Nordson Corporation (NASDAQ:NDSN) by 78.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,147 shares of the industrial products company’s stock after selling 8,001 shares during the period. Davis R M Inc.’s holdings in Nordson were worth $573,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Trust Co. NA boosted its position in Nordson by 70.8% during the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Nordson in the second quarter valued at $31,000. Hantz Financial Services Inc. raised its stake in shares of Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after buying an additional 46 shares during the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Nordson in the 2nd quarter worth about $34,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Nordson in the 4th quarter worth about $40,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Nordson Price Performance

Nordson stock opened at $292.10 on Friday. 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 quick ratio of 1.65 and a current ratio of 2.60. The firm has a 50 day moving average price of $288.91 and a 200 day moving average price of $281.07. The company has a market cap of $16.28 billion, a price-to-earnings ratio of 31.14, a PEG ratio of 1.94 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last posted 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. The company had revenue of $740.85 million for the quarter, compared to the consensus estimate of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. Nordson’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.42 earnings per share. 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 predict that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were given a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is 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.