PEAK6 LLC purchased a new stake in Nordson Corporation (NASDAQ:NDSN – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 22,923 shares of the industrial products company’s stock, valued at approximately $6,916,000.
Several other large investors also recently bought and sold shares of NDSN. New York Life Investment Management LLC lifted its position in shares of Nordson by 64.9% in the fourth quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock valued at $2,895,000 after acquiring an additional 4,737 shares in the last quarter. UBS Group AG raised its stake in Nordson by 7.3% in the 4th quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock valued at $104,102,000 after purchasing an additional 29,294 shares during the last quarter. Jackson Creek Investment Advisors LLC acquired a new position in Nordson in the 4th quarter valued at $1,426,000. Jennison Associates LLC lifted its holdings in Nordson by 539.2% in the 4th quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock valued at $60,673,000 after purchasing an additional 212,876 shares in the last quarter. Finally, Reflection Asset Management acquired a new stake in Nordson during the 4th quarter worth $1,460,000. 72.11% of the stock is currently owned by hedge funds and other institutional investors.
Nordson Price Performance
NDSN stock opened at $332.24 on Monday. Nordson Corporation has a 52-week low of $220.06 and a 52-week high of $338.55. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. The stock has a market cap of $18.51 billion, a price-to-earnings ratio of 33.59, a price-to-earnings-growth ratio of 2.17 and a beta of 0.96. The business has a fifty day moving average of $298.83 and a two-hundred day moving average of $287.14.
Nordson Announces Dividend
The company 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. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, June 18th. Nordson’s dividend payout ratio is 33.16%.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on NDSN. Robert W. Baird upped their target price on shares of Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a report on Friday. DA Davidson restated a “buy” rating and set a $345.00 price target on shares of Nordson in a research report on Thursday. KeyCorp reaffirmed a “buy” rating on shares of Nordson in a research note on Thursday. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Finally, BNP Paribas Exane boosted their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $326.57.
View Our Latest Research Report on Nordson
Key Nordson News
Here are the key news stories impacting Nordson this week:
- Positive Sentiment: Strong Q3 beat and broad-based growth: Nordson reported adjusted earnings of $3.25 per share, above the $3.09 consensus and up from $2.73 a year earlier. Revenue reached $817.7 million, exceeding estimates of $779.5 million and increasing 10.3% year over year. Record sales across all segments, stronger orders and broad organic growth supported the results. NDSN Q3 Earnings Beat Estimates on Broad Organic Growth
- Positive Sentiment: Higher fiscal 2026 outlook: Management raised its outlook for the third time, forecasting fiscal 2026 sales of $3.035 billion to $3.075 billion and adjusted EPS of $11.80 to $12.00. Backlog reportedly increased 35%, reinforcing expectations for continued demand and earnings momentum. Nordson Forecasts Fiscal 2026 Sales and EPS
- Positive Sentiment: Analyst price-target increases: Oppenheimer raised its target from $335 to $370 and upgraded its view to “outperform.” Robert W. Baird lifted its target from $328 to $351 while maintaining a “neutral” rating. DA Davidson reaffirmed its “buy” rating with a $345 target. Analysts Boost Forecasts on Nordson
- Neutral Sentiment: New medical product: Nordson MEDICAL introduced its Divert ULTRA line of ultra-high-pressure stopcocks for demanding medical applications. The launch expands the product portfolio but was not accompanied by a specific financial impact. Nordson MEDICAL Introduces Divert ULTRA
- Negative Sentiment: Insider selling and valuation: Reported insider activity showed 46 sales and no purchases over the past six months, including sizable sales by senior executives. After the rally, Nordson trades at roughly 33.6 times earnings, leaving the stock vulnerable to profit-taking if growth or guidance momentum slows.
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.
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