Farther Finance Advisors LLC Acquires 8,010 Shares of Nordson Corporation $NDSN

Farther Finance Advisors LLC increased its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 1,573.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 8,519 shares of the industrial products company’s stock after acquiring an additional 8,010 shares during the period. Farther Finance Advisors LLC’s holdings in Nordson were worth $1,933,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of NDSN. Quarry LP purchased a new stake in Nordson in the first quarter worth $28,000. Trust Co. of Toledo NA OH bought a new position in shares of Nordson in the second quarter worth about $31,000. CYBER HORNET ETFs LLC purchased a new position in Nordson in the 2nd quarter worth about $31,000. Caitong International Asset Management Co. Ltd lifted its holdings in Nordson by 640.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 148 shares of the industrial products company’s stock valued at $32,000 after buying an additional 128 shares in the last quarter. Finally, NewSquare Capital LLC boosted its position in Nordson by 212.0% in the 2nd quarter. NewSquare Capital LLC now owns 156 shares of the industrial products company’s stock valued at $33,000 after buying an additional 106 shares during the period. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Insider Buying and Selling

In other Nordson news, EVP James E. Devries sold 9,100 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $233.60, for a total value of $2,125,760.00. Following the completion of the sale, the executive vice president directly owned 51,223 shares in the company, valued at $11,965,692.80. This trade represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Joseph P. Kelley sold 2,200 shares of the company’s stock in a transaction on 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 directly owned 6,405 shares in the company, valued at approximately $1,537,200. The trade was 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 valued at $3,188,257 in the last three months. 0.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Vertical Research raised shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price on the stock in a research report on Monday, December 15th. DA Davidson set a $290.00 price objective on Nordson in a report on Friday, December 12th. KeyCorp upped their target price on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Robert W. Baird increased their price target on Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $268.00.

Nordson Trading Up 0.2%

NDSN opened at $243.99 on Friday. The firm has a market cap of $13.62 billion, a price-to-earnings ratio of 28.60, a PEG ratio of 1.67 and a beta of 1.01. The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56. Nordson Corporation has a 12 month low of $165.03 and a 12 month high of $251.47. The stock has a fifty day moving average price of $235.49 and a 200-day moving average price of $226.21.

Nordson (NASDAQ:NDSN) last issued 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 company had revenue of $751.82 million for the quarter, compared to the consensus estimate of $761.03 million. Nordson had a return on equity of 19.64% and a net margin of 17.35%.The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $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. As a group, equities research analysts anticipate that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Wednesday, December 17th will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, December 17th. Nordson’s payout ratio is 38.45%.

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.