Candriam S.C.A. Acquires New Position in Nordson Corporation $NDSN

Candriam S.C.A. acquired a new position in shares of Nordson Corporation (NASDAQ:NDSN) in the 1st quarter, HoldingsChannel reports. The firm acquired 3,274 shares of the industrial products company’s stock, valued at approximately $871,000.

A number of other institutional investors also recently bought and sold shares of NDSN. Arrowstreet Capital Limited Partnership raised its position in shares of Nordson by 314.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock valued at $2,335,000 after buying an additional 8,268 shares during the period. Marshall Wace LLP purchased a new position in Nordson in the second quarter worth approximately $8,594,000. Cerity Partners LLC increased its stake in Nordson by 23.6% during the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock worth $3,027,000 after acquiring an additional 2,692 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Nordson by 2.4% during the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company’s stock worth $2,221,000 after acquiring an additional 244 shares during the last quarter. Finally, State Street Corp raised its position in Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after purchasing an additional 133,229 shares during the period. 72.11% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Insider Activity

In other news, EVP Srinivas Subramanian sold 3,100 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $280.00, for a total transaction of $868,000.00. Following the sale, the executive vice president owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This represents a 32.61% decrease in their ownership of the stock. The sale 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. Corporate insiders own 0.84% of the company’s stock.

Nordson Trading Up 0.3%

NDSN opened at $287.77 on Thursday. Nordson Corporation has a 52 week low of $207.08 and a 52 week high of $307.74. The business has a fifty day simple moving average of $287.88 and a 200-day simple moving average of $279.04. The firm has a market cap of $16.03 billion, a P/E ratio of 30.68, a P/E/G ratio of 1.90 and a beta of 0.96. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (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 for the quarter, compared to the consensus estimate of $728.78 million. During the same quarter in the previous year, the business earned $2.42 EPS. The company’s quarterly 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. On average, equities analysts expect that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.82 per share. The ex-dividend date was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. Nordson’s dividend payout ratio is 34.97%.

Nordson Company 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.