Envestnet Asset Management Inc. Sells 4,673 Shares of Nordson Corporation $NDSN

Envestnet Asset Management Inc. reduced its position in shares of Nordson Corporation (NASDAQ:NDSN) by 1.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 260,977 shares of the industrial products company’s stock after selling 4,673 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Nordson were worth $59,229,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Callan Family Office LLC bought a new position in Nordson during the second quarter valued at $201,000. Trust Co. of Toledo NA OH bought a new position in shares of Nordson in the 2nd quarter valued at about $31,000. Apollon Wealth Management LLC grew its position in Nordson by 17.4% in the second quarter. Apollon Wealth Management LLC now owns 1,703 shares of the industrial products company’s stock worth $365,000 after acquiring an additional 253 shares in the last quarter. Yousif Capital Management LLC increased its stake in Nordson by 5.6% during the second quarter. Yousif Capital Management LLC now owns 37,270 shares of the industrial products company’s stock worth $7,990,000 after acquiring an additional 1,967 shares during the last quarter. Finally, Vest Financial LLC increased its stake in Nordson by 17.4% during the second quarter. Vest Financial LLC now owns 289,141 shares of the industrial products company’s stock worth $61,983,000 after acquiring an additional 42,762 shares during the last quarter. Institutional investors own 72.11% of the company’s stock.

Nordson Stock Up 0.4%

NASDAQ:NDSN opened at $291.26 on Tuesday. The company has a market cap of $16.22 billion, a price-to-earnings ratio of 34.15, a price-to-earnings-growth ratio of 2.00 and a beta of 1.00. Nordson Corporation has a twelve month low of $165.03 and a twelve month high of $291.39. The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56. The stock has a fifty day simple moving average of $255.50 and a 200-day simple moving average of $236.90.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, December 10th. The industrial products company reported $3.03 EPS for the quarter, topping the consensus estimate of $2.93 by $0.10. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The company had revenue of $751.82 million for the quarter, compared to the consensus estimate of $761.03 million. During the same quarter last year, the firm posted $2.78 EPS. The firm’s revenue was up 1.0% compared to the same quarter last year. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. Analysts anticipate that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 17th were paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, December 17th. Nordson’s payout ratio is currently 38.45%.

Wall Street Analyst Weigh In

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

Nordson 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.