Mitsubishi UFJ Asset Management Co. Ltd. Invests $43.23 Million in Nordson Corporation $NDSN

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Nordson Corporation (NASDAQ:NDSN) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 143,279 shares of the industrial products company’s stock, valued at approximately $43,226,000.

A number of other large investors also recently bought and sold shares of the business. OneDigital Investment Advisors LLC bought a new position in Nordson in the 2nd quarter valued at $509,000. Roman Butler Fullerton & Co. purchased a new position in Nordson in the 2nd quarter worth about $238,000. Simplicity Wealth LLC bought a new stake in Nordson during the 2nd quarter valued at about $353,000. N.E.W. Advisory Services LLC purchased a new stake in Nordson in the 2nd quarter valued at about $33,000. Finally, Flputnam Investment Management Co. purchased a new stake in Nordson in the 2nd quarter valued at about $208,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson News Summary

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong quarterly beat: Adjusted earnings per share were $3.25, exceeding the $3.09 consensus estimate and rising from $2.73 a year earlier. Revenue reached a record $817.7 million, ahead of the $779.5 million analyst forecast and up approximately 10% year over year. Nordson Q3 Earnings and Revenue Estimates
• Positive Sentiment: Broad-based demand growth: Organic sales increased about 12%, with growth across all segments. Advanced Technology Solutions was particularly strong, with sales up 28%, while backlog increased 35% from the prior year. Nordson Record Third Quarter Results
• Positive Sentiment: Higher full-year guidance: Nordson now expects fiscal 2026 adjusted EPS of $11.80 to $12.00, above the $11.59 consensus estimate, and revenue of approximately $3.035 billion to $3.075 billion. The updated EPS range is also above the company’s previous outlook. Nordson Raises 2026 Guidance
• Positive Sentiment: Analyst support: D.A. Davidson reiterated its Buy rating and $345 price target following the results. The target is above the recent trading level and consistent with the positive earnings reaction. Nordson Analyst Rating
• Neutral Sentiment: Mixed institutional activity: Recent filings showed 378 institutions adding shares compared with 343 reducing positions, indicating generally constructive but not uniformly positive sentiment.
• Negative Sentiment: Insider selling: Company insiders reported 46 open-market sales and no purchases over the past six months, including substantial sales by the CEO and executive vice presidents. This may weigh on sentiment, although it did not offset the strong operating results.

Nordson Price Performance

Shares of NDSN opened at $309.92 on Thursday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60. The company has a 50 day moving average price of $296.97 and a 200-day moving average price of $286.33. Nordson Corporation has a fifty-two week low of $213.23 and a fifty-two week high of $315.68. The stock has a market capitalization of $17.27 billion, a PE ratio of 33.04, a PEG ratio of 2.02 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.16. The company had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. Nordson’s revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Equities analysts predict that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. Nordson’s dividend payout ratio (DPR) is presently 34.97%.

Analysts Set New Price Targets

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

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.