SEB Asset Management AB Buys Shares of 10,620 Nordson Corporation $NDSN

SEB Asset Management AB bought a new position in Nordson Corporation (NASDAQ:NDSN) during the 1st quarter, Holdings Channel reports. The institutional investor bought 10,620 shares of the industrial products company’s stock, valued at approximately $2,826,000.

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

Analyst Upgrades and Downgrades

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

Nordson Stock Performance

NDSN stock opened at $292.10 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. Nordson Corporation has a 1-year low of $207.08 and a 1-year high of $307.74. The business has a 50-day moving average price of $288.91 and a 200 day moving average price of $281.07. The company has a market capitalization of $16.28 billion, a P/E ratio of 31.14, a PEG ratio of 1.94 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results 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. The business had revenue of $740.85 million during the quarter, compared to analyst estimates of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.42 EPS. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, equities research analysts forecast that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Dividend Announcement

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

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.