MGO One Seven LLC Acquires Shares of 1,843 Nordson Corporation $NDSN

MGO One Seven LLC bought a new stake in Nordson Corporation (NASDAQ:NDSN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,843 shares of the industrial products company’s stock, valued at approximately $443,000.

A number of other large investors have also recently made changes to their positions in the company. ICICI Prudential Asset Management Co Ltd boosted its position in shares of Nordson by 77.5% during the third quarter. ICICI Prudential Asset Management Co Ltd now owns 14,200 shares of the industrial products company’s stock valued at $3,223,000 after buying an additional 6,200 shares during the period. Jensen Investment Management Inc. bought a new position in Nordson in the 3rd quarter valued at $2,735,000. Rakuten Investment Management Inc. purchased a new stake in Nordson in the third quarter worth $1,100,000. Polar Asset Management Partners Inc. increased its stake in Nordson by 67.0% in the third quarter. Polar Asset Management Partners Inc. now owns 39,754 shares of the industrial products company’s stock worth $9,022,000 after purchasing an additional 15,954 shares during the period. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Nordson during the fourth quarter worth $4,381,000. 72.11% of the stock is owned by hedge funds and other institutional investors.

Nordson Stock Performance

Shares of NASDAQ:NDSN opened at $280.28 on Friday. The company has a market capitalization of $15.63 billion, a price-to-earnings ratio of 30.27, a price-to-earnings-growth ratio of 1.88 and a beta of 0.99. Nordson Corporation has a 52 week low of $191.99 and a 52 week high of $305.28. The company has a quick ratio of 1.74, a current ratio of 2.72 and a debt-to-equity ratio of 0.63. The firm has a 50 day moving average of $274.64 and a 200 day moving average of $262.47.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The business had revenue of $669.46 million for the quarter, compared to analysts’ expectations of $652.68 million. During the same quarter last year, the firm earned $2.06 EPS. The business’s revenue for the quarter 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 predict that Nordson Corporation will post 11.41 earnings per share for the current fiscal year.

Nordson Dividend Announcement

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

Insider Buying and Selling

In other Nordson news, EVP Justin E. Hall sold 716 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 directly owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. The trade was a 32.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 77,393 shares of company stock worth $22,549,703 over the last ninety days. 0.84% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on NDSN shares. Jefferies Financial Group reissued a “hold” rating and set a $300.00 target price on shares of Nordson in a research note on Monday, February 23rd. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Robert W. Baird upped their target price on shares of Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Oppenheimer raised their target price on shares of Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a report on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $311.50.

About Nordson

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.