Mitsubishi UFJ Asset Management Co. Ltd. Has $32.38 Million Stock Holdings in Nordson Corporation $NDSN

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Nordson Corporation (NASDAQ:NDSNFree Report) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,319 shares of the industrial products company’s stock after acquiring an additional 2,539 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.24% of Nordson worth $32,375,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its holdings in Nordson by 70.8% in the 4th 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 in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Nordson in the 2nd quarter valued at $31,000. Quent Capital LLC acquired a new position in Nordson in the 3rd quarter valued at $32,000. MUFG Securities EMEA plc acquired a new position in Nordson in the 2nd quarter valued at $34,000. Finally, Root Financial Partners LLC acquired a new position in Nordson in the 3rd quarter valued at $36,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Nordson

In other Nordson news, EVP Justin E. Hall sold 716 shares of the company’s stock in a transaction dated Wednesday, April 8th. The stock was 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 owned 1,515 shares of the company’s stock, valued at $417,867.30. This represents a 32.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundaram Nagarajan sold 41,800 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total value of $12,258,268.00. Following the completion of the transaction, the chief executive officer directly owned 64,824 shares of the company’s stock, valued at approximately $19,010,286.24. The trade was a 39.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 77,393 shares of company stock worth $22,549,703 in the last 90 days. 0.84% of the stock is currently owned by company insiders.

Nordson Price Performance

Nordson stock opened at $283.53 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72. Nordson Corporation has a 52 week low of $191.99 and a 52 week high of $305.28. The stock has a market capitalization of $15.82 billion, a P/E ratio of 30.62, a price-to-earnings-growth ratio of 1.91 and a beta of 0.99. The stock has a fifty day moving average of $275.67 and a 200-day moving average of $260.88.

Nordson (NASDAQ:NDSNGet Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The company had revenue of $669.46 million during the quarter, compared to analysts’ expectations of $652.68 million. During the same quarter in the previous year, the firm earned $2.06 EPS. Nordson’s revenue was up 8.8% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. On average, sell-side analysts expect that Nordson Corporation will post 11.41 earnings per share for the current fiscal year.

Nordson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th were issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 19th. Nordson’s dividend payout ratio is presently 35.42%.

Analyst Ratings Changes

NDSN has been the subject of several analyst reports. KeyCorp lifted their price objective on Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Nordson in a report on Friday, March 27th. Jefferies Financial Group reissued a “hold” rating and set a $300.00 price target on shares of Nordson in a report on Monday, February 23rd. Finally, Robert W. Baird boosted their price target on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $311.50.

Check Out Our Latest Stock Report on NDSN

Nordson Company Profile

(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.

Read More

Want to see what other hedge funds are holding NDSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nordson Corporation (NASDAQ:NDSNFree Report).

Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

Receive News & Ratings for Nordson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordson and related companies with MarketBeat.com's FREE daily email newsletter.