Nordson Corporation $NDSN Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. cut its stake in Nordson Corporation (NASDAQ:NDSN) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 179,762 shares of the industrial products company’s stock after selling 18,313 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Nordson were worth $43,220,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Private Trust Co. NA lifted its holdings in Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 51 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Nordson in the second quarter valued at approximately $31,000. MUFG Securities EMEA plc acquired a new position in Nordson in the second quarter valued at approximately $34,000. 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 period. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Nordson during the 4th quarter worth approximately $40,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Nordson

In related news, EVP Srinivas Subramanian sold 3,100 shares of the stock in a transaction on Friday, April 17th. The stock was sold at an average price of $280.00, for a total value of $868,000.00. Following the completion of the transaction, the executive vice president directly owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This represents a 32.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total value of $197,487.12. Following the completion of the transaction, the executive vice president directly owned 1,515 shares of the company’s stock, valued at approximately $417,867.30. This represents a 32.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.84% of the stock is currently owned by corporate insiders.

Nordson Price Performance

NASDAQ NDSN opened at $287.33 on Monday. The business has a fifty day moving average price of $276.96 and a 200 day moving average price of $266.39. Nordson Corporation has a one year low of $205.17 and a one year high of $305.28. 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 company has a market cap of $16.01 billion, a P/E ratio of 30.63, a P/E/G ratio of 1.91 and a beta of 0.97.

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

Nordson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Thursday, March 19th were paid a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, March 19th. Nordson’s dividend payout ratio is currently 34.97%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on NDSN. Oppenheimer upped their target price on Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research note on Friday. DA Davidson upped their target price on Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Weiss Ratings raised Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 22nd. BNP Paribas Exane upped their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Finally, Robert W. Baird upped their target price on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $311.29.

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.