Sequoia Financial Advisors LLC Has $1.89 Million Position in Nordson Corporation $NDSN

Sequoia Financial Advisors LLC raised its stake in Nordson Corporation (NASDAQ:NDSN) by 48.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,843 shares of the industrial products company’s stock after purchasing an additional 2,566 shares during the period. Sequoia Financial Advisors LLC’s holdings in Nordson were worth $1,886,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Roman Butler Fullerton & Co. increased its holdings in shares of Nordson by 4.2% in the fourth quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company’s stock valued at $228,000 after purchasing an additional 38 shares during the last quarter. Bessemer Group Inc. grew its position in shares of Nordson by 12.0% in the third quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock valued at $98,000 after purchasing an additional 46 shares during the last quarter. Argent Trust Co grew its position in shares of Nordson by 3.6% in the third quarter. Argent Trust Co now owns 1,325 shares of the industrial products company’s stock valued at $301,000 after purchasing an additional 46 shares during the last quarter. Norden Group LLC grew its position in shares of Nordson by 4.4% in the fourth quarter. Norden Group LLC now owns 1,199 shares of the industrial products company’s stock valued at $288,000 after purchasing an additional 50 shares during the last quarter. Finally, Private Trust Co. NA grew its position in shares of Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 51 shares during the last quarter. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on NDSN shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a $300.00 target price on shares of Nordson in a research report on Monday, February 23rd. KeyCorp upped their target price on Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Oppenheimer upped their price target on shares of Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research note on Tuesday, February 24th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a research note on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $311.50.

Insider Activity

In other Nordson news, CEO Sundaram Nagarajan sold 41,800 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the sale, the chief executive officer directly owned 64,824 shares in the company, valued at $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Justin E. Hall sold 716 shares of the stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total transaction of $197,487.12. Following the sale, the executive vice president owned 1,515 shares in the company, valued at $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 77,393 shares of company stock valued at $22,549,703. Corporate insiders own 0.84% of the company’s stock.

Nordson Trading Down 0.6%

Shares of NASDAQ:NDSN opened at $281.85 on Tuesday. The company has a market capitalization of $15.72 billion, a P/E ratio of 30.44, a P/E/G ratio of 1.91 and a beta of 0.99. Nordson Corporation has a 1 year low of $191.99 and a 1 year high of $305.28. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. The business’s 50 day simple moving average is $275.30 and its 200 day simple moving average is $261.52.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. The business had revenue of $669.46 million for the quarter, compared to the consensus estimate of $652.68 million. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.06 earnings per share. 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, research analysts anticipate that Nordson Corporation will post 11.41 EPS for the current fiscal year.

Nordson Announces Dividend

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

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.