Gradient Investments LLC Acquires Shares of 7,085 Nordson Corporation $NDSN

Gradient Investments LLC purchased a new stake in Nordson Corporation (NASDAQ:NDSN) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,085 shares of the industrial products company’s stock, valued at approximately $1,608,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Elevation Point Wealth Partners LLC lifted its holdings in Nordson by 3.5% in the second quarter. Elevation Point Wealth Partners LLC now owns 1,436 shares of the industrial products company’s stock valued at $308,000 after acquiring an additional 48 shares during the period. Ensign Peak Advisors Inc grew its position in Nordson by 0.4% during the second quarter. Ensign Peak Advisors Inc now owns 13,931 shares of the industrial products company’s stock worth $2,986,000 after buying an additional 50 shares during the period. Three Seasons Wealth LLC increased its holdings in Nordson by 3.0% in the second quarter. Three Seasons Wealth LLC now owns 1,844 shares of the industrial products company’s stock valued at $397,000 after buying an additional 54 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in shares of Nordson by 1.0% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 6,666 shares of the industrial products company’s stock valued at $1,429,000 after acquiring an additional 66 shares during the period. Finally, Aberdeen Group plc lifted its position in shares of Nordson by 1.8% during the 1st quarter. Aberdeen Group plc now owns 3,986 shares of the industrial products company’s stock valued at $797,000 after acquiring an additional 70 shares during the period. Institutional investors and hedge funds own 72.11% of the company’s stock.

Insider Buying and Selling at Nordson

In related news, EVP James E. Devries sold 9,100 shares of the company’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $233.60, for a total value of $2,125,760.00. Following the completion of the transaction, the executive vice president directly owned 51,223 shares in the company, valued at approximately $11,965,692.80. This represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Joseph P. Kelley sold 2,200 shares of the stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $240.00, for a total value of $528,000.00. Following the transaction, the executive vice president owned 6,405 shares in the company, valued at $1,537,200. This trade represents a 25.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,600 shares of company stock worth $3,188,257 in the last 90 days. Insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NDSN shares. Oppenheimer raised their price objective on Nordson from $260.00 to $275.00 and gave the company an “outperform” rating in a research note on Monday, August 25th. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Vertical Research raised shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 price objective on the stock in a research note on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Nordson in a research report on Wednesday, October 8th. Finally, KeyCorp upped their price target on shares of Nordson from $250.00 to $295.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $268.00.

Nordson Price Performance

NASDAQ:NDSN opened at $238.07 on Thursday. Nordson Corporation has a 12-month low of $165.03 and a 12-month high of $251.47. The firm has a market cap of $13.38 billion, a price-to-earnings ratio of 27.91, a price-to-earnings-growth ratio of 1.63 and a beta of 1.01. The company’s 50-day moving average is $234.05 and its two-hundred day moving average is $224.93. The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.55.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.93 by $0.10. The business had revenue of $751.82 million during the quarter, compared to analyst estimates of $761.03 million. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The company’s revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.78 earnings per share. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. Research analysts expect that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Announces Dividend

The firm 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 dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 17th. Nordson’s dividend payout ratio is currently 38.45%.

Nordson 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.