Vest Financial LLC Cuts Holdings in Nordson Corporation $NDSN

Vest Financial LLC decreased its holdings in Nordson Corporation (NASDAQ:NDSNFree Report) by 13.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 250,202 shares of the industrial products company’s stock after selling 38,939 shares during the period. Vest Financial LLC owned approximately 0.45% of Nordson worth $56,783,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quent Capital LLC purchased a new position in Nordson in the 3rd quarter valued at about $32,000. CYBER HORNET ETFs LLC bought a new position in Nordson in the second quarter worth about $31,000. Trust Co. of Toledo NA OH acquired a new position in Nordson during the 2nd quarter valued at approximately $31,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Nordson by 640.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 148 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 128 shares during the period. Finally, NewSquare Capital LLC boosted its stake in Nordson by 212.0% during the 2nd quarter. NewSquare Capital LLC now owns 156 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 106 shares during the period. 72.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NDSN has been the subject of a number of analyst reports. KeyCorp boosted their price target on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. DA Davidson set a $290.00 price objective on Nordson in a report on Friday, December 12th. Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Finally, Vertical Research upgraded shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 price target for the company in a report on Monday, December 15th. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Nordson has an average rating of “Moderate Buy” and an average price target of $268.00.

Read Our Latest Stock Analysis on Nordson

Nordson Stock Performance

Shares of NDSN stock opened at $266.08 on Wednesday. The company has a market capitalization of $14.82 billion, a P/E ratio of 31.19, a price-to-earnings-growth ratio of 1.87 and a beta of 1.02. Nordson Corporation has a 52 week low of $165.03 and a 52 week high of $272.62. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.05 and a current ratio of 1.64. The company’s 50 day moving average price is $242.98 and its two-hundred day moving average price is $231.05.

Nordson (NASDAQ:NDSNGet Free Report) last announced its earnings results on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.93 by $0.10. The firm had revenue of $751.82 million during the quarter, compared to analyst estimates of $761.03 million. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.78 EPS. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. On average, analysts expect that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 17th were given a $0.82 dividend. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a yield of 1.2%. Nordson’s dividend payout ratio (DPR) is 38.45%.

Insider Activity

In related news, EVP James E. Devries sold 9,100 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $233.60, for a total transaction of $2,125,760.00. Following the sale, the executive vice president owned 51,223 shares in the company, valued at approximately $11,965,692.80. This represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.80% of the company’s stock.

About Nordson

(Free Report)

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.

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Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

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