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

Jefferies Financial Group Inc. bought a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 28,315 shares of the industrial products company’s stock, valued at approximately $8,542,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Syon Capital LLC grew its stake in Nordson by 4.0% in the 4th quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock valued at $255,000 after acquiring an additional 41 shares during the period. Hantz Financial Services Inc. boosted its holdings in Nordson by 43.4% in 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. Norinchukin Bank The boosted its position in Nordson by 1.9% during the third quarter. Norinchukin Bank The now owns 3,084 shares of the industrial products company’s stock worth $700,000 after acquiring an additional 57 shares during the last quarter. Wealth Alliance LLC boosted its holdings in Nordson by 5.0% in the 1st quarter. Wealth Alliance LLC now owns 1,393 shares of the industrial products company’s stock valued at $371,000 after purchasing an additional 66 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its position in shares of Nordson by 4.8% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,517 shares of the industrial products company’s stock valued at $365,000 after acquiring an additional 69 shares during the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on NDSN shares. DA Davidson reissued a “buy” rating and set a $345.00 price objective on shares of Nordson in a research report on Thursday, August 20th. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Oppenheimer boosted their target price on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research note on Friday, August 21st. BNP Paribas Exane increased their target price on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Finally, Robert W. Baird raised their price target on Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Nordson currently has an average rating of “Moderate Buy” and an average price target of $326.57.

Nordson Stock Performance

Shares of Nordson stock opened at $330.84 on Friday. The firm has a market capitalization of $18.43 billion, a P/E ratio of 33.45, a P/E/G ratio of 2.18 and a beta of 0.96. Nordson Corporation has a 52 week low of $220.06 and a 52 week high of $339.12. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. The firm’s 50 day moving average is $302.06 and its two-hundred day moving average is $288.53.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.16. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The business had revenue of $817.67 million during the quarter, compared to the consensus estimate of $779.49 million. During the same quarter in the previous year, the firm earned $2.73 EPS. The company’s revenue was up 10.3% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Research analysts forecast that Nordson Corporation will post 11.83 EPS for the current fiscal year.

Nordson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Thursday, September 10th will be given a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a yield of 1.1%. This is a boost from Nordson’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, September 10th. Nordson’s dividend payout ratio is presently 33.16%.

Insider Transactions at Nordson

In other Nordson news, EVP Daniel Roy Hopgood sold 1,329 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total transaction of $444,271.41. Following the transaction, the executive vice president owned 4,758 shares of the company’s stock, valued at approximately $1,590,551.82. This trade represents a 21.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.84% of the stock is owned by corporate insiders.

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.