ING Groep NV Acquires Shares of 6,859 Nordson Corporation $NDSN

ING Groep NV acquired a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,859 shares of the industrial products company’s stock, valued at approximately $1,557,000.

Several other institutional investors have also recently made changes to their positions in NDSN. Vanguard Group Inc. boosted its holdings in Nordson by 0.4% during the second quarter. Vanguard Group Inc. now owns 6,200,937 shares of the industrial products company’s stock worth $1,329,295,000 after purchasing an additional 22,090 shares during the last quarter. State Street Corp lifted its position 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 buying an additional 133,229 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Nordson by 4.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,068,214 shares of the industrial products company’s stock worth $228,993,000 after buying an additional 48,556 shares during the last quarter. ProShare Advisors LLC boosted its stake in shares of Nordson by 10.2% in the 2nd quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock worth $185,729,000 after buying an additional 80,285 shares during the last quarter. Finally, Champlain Investment Partners LLC grew its holdings in shares of Nordson by 2.4% in the second quarter. Champlain Investment Partners LLC now owns 816,115 shares of the industrial products company’s stock valued at $174,951,000 after acquiring an additional 19,195 shares in the last quarter. Institutional investors own 72.11% of the company’s stock.

Nordson Trading Up 1.2%

Shares of Nordson stock opened at $298.19 on Friday. The stock has a market capitalization of $16.61 billion, a P/E ratio of 34.96, a P/E/G ratio of 2.02 and a beta of 1.01. Nordson Corporation has a 52-week low of $165.03 and a 52-week high of $300.79. 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 stock’s 50-day simple moving average is $260.11 and its 200 day simple moving average is $238.77.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.93 by $0.10. The company had revenue of $751.82 million for 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 quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.78 earnings per share. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. As a group, research analysts anticipate that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 17th were given a $0.82 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. Nordson’s payout ratio is 38.45%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. KeyCorp lifted their price target on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Robert W. Baird lifted their target price on Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a research report on Monday, December 29th. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Finally, DA Davidson set a $290.00 target price on shares of Nordson in a research note on Friday, December 12th. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $266.29.

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.