Amundi Purchases 34,758 Shares of Nordson Corporation $NDSN

Amundi increased its position in Nordson Corporation (NASDAQ:NDSN) by 89.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 73,432 shares of the industrial products company’s stock after acquiring an additional 34,758 shares during the quarter. Amundi’s holdings in Nordson were worth $16,357,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Nordson by 0.4% during the second quarter. Vanguard Group Inc. now owns 6,200,937 shares of the industrial products company’s stock worth $1,329,295,000 after purchasing an additional 22,090 shares during the period. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of Nordson by 3.5% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,681,273 shares of the industrial products company’s stock valued at $540,867,000 after buying an additional 90,704 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Nordson by 4.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,068,214 shares of the industrial products company’s stock valued at $228,993,000 after buying an additional 48,556 shares in the last quarter. Invesco Ltd. boosted its holdings in Nordson by 15.9% in the 1st quarter. Invesco Ltd. now owns 1,043,703 shares of the industrial products company’s stock worth $210,536,000 after buying an additional 142,991 shares during the period. Finally, ProShare Advisors LLC grew its stake in Nordson by 10.2% in the 2nd quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock valued at $185,729,000 after buying an additional 80,285 shares in the last quarter. 72.11% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP James E. Devries sold 9,100 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $233.60, for a total transaction of $2,125,760.00. Following the sale, the executive vice president owned 51,223 shares in the company, valued at approximately $11,965,692.80. This trade represents a 15.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Joseph P. Kelley sold 2,300 shares of Nordson stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $232.39, for a total transaction of $534,497.00. Following the sale, the executive vice president directly owned 8,605 shares of the company’s stock, valued at $1,999,715.95. This represents a 21.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,600 shares of company stock worth $3,188,257 in the last three months. Insiders own 0.80% of the company’s stock.

Nordson Price Performance

Nordson stock opened at $236.32 on Thursday. The stock has a market cap of $13.28 billion, a price-to-earnings ratio of 29.69, a PEG ratio of 1.62 and a beta of 1.01. The company has a quick ratio of 1.11, a current ratio of 1.69 and a debt-to-equity ratio of 0.60. The business has a 50-day simple moving average of $233.71 and a 200 day simple moving average of $223.71. Nordson Corporation has a 52 week low of $165.03 and a 52 week high of $255.61.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.10. Nordson had a return on equity of 19.45% and a net margin of 16.34%.The firm had revenue of $751.82 million during the quarter, compared to the consensus estimate of $761.03 million. During the same quarter last year, the company posted $2.78 EPS. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. On average, research analysts forecast that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 17th. Nordson’s payout ratio is currently 41.21%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on NDSN shares. Robert W. Baird increased their target price on Nordson from $245.00 to $252.00 and gave the stock a “neutral” rating in a research report on Friday, August 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Nordson in a report on Wednesday, October 8th. Oppenheimer raised their target price on Nordson from $260.00 to $275.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a research report on Sunday, November 30th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $240.00 price objective on shares of Nordson in a research report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Nordson presently has an average rating of “Moderate Buy” and an average price target of $255.75.

Nordson Company Profile

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through three segments: Industrial Precision Solutions; Medical and Fluid Solutions; and Advanced Technology Solutions.