Cibc World Market Inc. Acquires Shares of 1,783 Nordson Corporation $NDSN

Cibc World Market Inc. purchased a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,783 shares of the industrial products company’s stock, valued at approximately $538,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Syon Capital LLC lifted its stake in Nordson by 4.0% in the fourth quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock valued at $255,000 after purchasing an additional 41 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after buying an additional 46 shares in the last quarter. Norinchukin Bank The increased its position in shares of Nordson by 1.9% during the third quarter. Norinchukin Bank The now owns 3,084 shares of the industrial products company’s stock valued at $700,000 after buying an additional 57 shares during the period. Wealth Alliance LLC lifted its holdings in shares of Nordson by 5.0% in the first quarter. Wealth Alliance LLC now owns 1,393 shares of the industrial products company’s stock worth $371,000 after buying an additional 66 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of Nordson by 4.8% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,517 shares of the industrial products company’s stock valued at $365,000 after acquiring an additional 69 shares during the period. 72.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Nordson

In other news, EVP Daniel Roy Hopgood sold 1,329 shares of the stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total transaction of $444,271.41. Following the transaction, the executive vice president directly owned 4,758 shares in the company, valued at approximately $1,590,551.82. This represents a 21.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Jennifer L. Mcdonough sold 260 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $336.00, for a total value of $87,360.00. Following the transaction, the executive vice president directly owned 6,346 shares in the company, valued at approximately $2,132,256. This represents a 3.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.84% of the company’s stock.

Nordson Trading Down 1.9%

Shares of NDSN opened at $324.59 on Friday. Nordson Corporation has a 1-year low of $220.06 and a 1-year high of $339.12. The company has a market capitalization of $18.08 billion, a P/E ratio of 32.82, a P/E/G ratio of 2.15 and a beta of 0.96. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.82 and a quick ratio of 1.18. The firm’s 50 day simple moving average is $302.64 and its 200 day simple moving average is $288.78.

Nordson (NASDAQ:NDSN) last released its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.16. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The business had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. During the same quarter in the previous year, the company earned $2.73 EPS. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Sell-side analysts forecast that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 10th will be given a dividend of $0.94 per share. The ex-dividend date is Thursday, September 10th. This is a positive change from Nordson’s previous quarterly dividend of $0.82. This represents a $3.76 dividend on an annualized basis and a yield of 1.2%. Nordson’s dividend payout ratio (DPR) is 33.16%.

Key Stories Impacting Nordson

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Nordson declared a quarterly dividend of $0.94 per share, payable October 2 to shareholders of record September 10. The payout is 14.6% higher than the previous $0.82 dividend, signaling management’s confidence in cash-flow generation and enhancing the stock’s appeal to income-focused investors. Nordson raises dividend by 14.6% to $0.94
• Positive Sentiment: Recent momentum reflects Nordson’s solid operating performance. The company’s latest quarter exceeded earnings and revenue expectations, with EPS of $3.25 versus $3.09 expected and revenue growth of 10.3% year over year. Analysts remain constructive, including an Oppenheimer price-target increase to $370 and a consensus rating of “Moderate Buy.” What Makes Nordson a Strong Momentum Stock
• Neutral Sentiment: NDSN recently set a new 12-month high, highlighting strong momentum but also increasing the possibility of profit-taking after a substantial advance. Nordson Sets New 12-Month High
• Negative Sentiment: Two Nordson executives reported stock sales. EVP Daniel Roy Hopgood sold 1,329 shares worth approximately $444,000, reducing his holdings by 21.83%; EVP Jennifer McDonough sold 260 shares worth about $87,000. These transactions may weigh on sentiment, particularly with the stock near its recent high, although insider sales do not necessarily indicate deteriorating business fundamentals. Nordson Insider Selling

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Oppenheimer upped their target price on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a report on Friday, August 21st. DA Davidson reissued a “buy” rating and issued a $345.00 price target on shares of Nordson in a report on Thursday, August 20th. KeyCorp reaffirmed a “buy” rating on shares of Nordson in a report on Thursday, August 20th. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Finally, BNP Paribas Exane lifted their price objective on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $326.57.

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.