4,845 Shares in Nordson Corporation $NDSN Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. bought a new stake in Nordson Corporation (NASDAQ:NDSNFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,845 shares of the industrial products company’s stock, valued at approximately $1,100,000.

A number of other large investors have also recently bought and sold shares of the business. Norges Bank bought a new position in shares of Nordson in the 2nd quarter worth about $139,218,000. State Street Corp lifted its stake in Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after buying an additional 133,229 shares during the period. ProShare Advisors LLC boosted its holdings in shares of Nordson by 10.2% during the 2nd quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock worth $185,729,000 after buying an additional 80,285 shares in the last quarter. Squarepoint Ops LLC grew its position in shares of Nordson by 501.5% during the 2nd quarter. Squarepoint Ops LLC now owns 80,053 shares of the industrial products company’s stock worth $17,161,000 after buying an additional 66,744 shares during the period. Finally, Boston Trust Walden Corp increased its stake in shares of Nordson by 22.8% in the 2nd quarter. Boston Trust Walden Corp now owns 355,613 shares of the industrial products company’s stock valued at $76,233,000 after acquiring an additional 65,980 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Nordson news, EVP James E. Devries sold 9,100 shares of Nordson 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 transaction, the executive vice president directly owned 51,223 shares of the company’s stock, valued at $11,965,692.80. The trade was a 15.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

NDSN has been the topic of several research analyst reports. DA Davidson set a $290.00 target price on shares of Nordson in a research note on Friday, December 12th. Robert W. Baird upped their price objective on shares of Nordson from $252.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Finally, KeyCorp upped their price target on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $266.29.

View Our Latest Research Report on NDSN

Nordson Trading Down 1.0%

NASDAQ:NDSN opened at $271.27 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.64 and a quick ratio of 1.05. Nordson Corporation has a one year low of $165.03 and a one year high of $275.43. The company has a market cap of $15.11 billion, a PE ratio of 31.80, a PEG ratio of 1.87 and a beta of 1.02. The firm has a 50-day moving average of $245.35 and a 200-day moving average of $232.08.

Nordson (NASDAQ:NDSNGet Free Report) last announced its quarterly earnings results on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.10. The business had revenue of $751.82 million for the quarter, compared to analysts’ expectations of $761.03 million. Nordson had a net margin of 17.35% and a return on equity of 19.64%. 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 firm earned $2.78 EPS. 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 expect that Nordson Corporation will post 10.2 EPS for the current fiscal year.

Nordson Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 17th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, December 17th. Nordson’s dividend payout ratio is presently 38.45%.

About Nordson

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

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