Citigroup Inc. Purchases 2,436 Shares of Nordson Corporation $NDSN

Citigroup Inc. lifted its position in shares of Nordson Corporation (NASDAQ:NDSN) by 2.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,121 shares of the industrial products company’s stock after buying an additional 2,436 shares during the period. Citigroup Inc.’s holdings in Nordson were worth $20,680,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mitchell & Pahl Private Wealth LLC lifted its stake in Nordson by 0.9% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 4,770 shares of the industrial products company’s stock worth $1,083,000 after purchasing an additional 43 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of Nordson by 12.0% during the third quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock valued at $98,000 after purchasing an additional 46 shares during the period. Elevation Point Wealth Partners LLC grew its holdings in shares of 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 worth $308,000 after purchasing an additional 48 shares during the last quarter. Ensign Peak Advisors Inc increased its stake in shares of Nordson by 0.4% in 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. Finally, World Investment Advisors raised its holdings in Nordson by 5.5% during the 3rd quarter. World Investment Advisors now owns 984 shares of the industrial products company’s stock valued at $223,000 after buying an additional 51 shares during the last quarter. 72.11% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Nordson

In related news, CEO Sundaram Nagarajan sold 41,800 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the sale, the chief executive officer directly owned 64,824 shares of the company’s stock, valued at $19,010,286.24. This trade represents a 39.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Joseph P. Kelley sold 23,052 shares of Nordson stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $289.31, for a total value of $6,669,174.12. Following the completion of the sale, the executive vice president owned 7,559 shares of the company’s stock, valued at $2,186,894.29. The trade was a 75.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 73,577 shares of company stock valued at $21,484,216 in the last 90 days. Company insiders own 0.84% of the company’s stock.

Nordson Stock Performance

Nordson stock opened at $292.62 on Friday. Nordson Corporation has a twelve month low of $165.03 and a twelve month high of $305.28. The company has a quick ratio of 1.74, a current ratio of 2.72 and a debt-to-equity ratio of 0.63. The stock’s 50 day moving average is $270.53 and its 200 day moving average is $243.81. The company has a market capitalization of $16.32 billion, a P/E ratio of 31.60, a PEG ratio of 1.97 and a beta of 1.01.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. The company had revenue of $669.46 million for the quarter, compared to analysts’ expectations of $652.68 million. Nordson had a net margin of 18.39% and a return on equity of 19.73%. Nordson’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.06 EPS. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. On average, equities research analysts predict that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th were issued a $0.82 dividend. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. Nordson’s dividend payout ratio (DPR) is presently 35.42%.

Trending Headlines about Nordson

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Analysts have been lifting ratings and price targets this month (KeyCorp and Oppenheimer raised targets to ~$325; DA Davidson set $335) and one momentum write-up highlights Nordson’s strong technical/quality characteristics — these support further upside if fundamentals and guidance remain intact. Analyst Notes & Coverage
• Positive Sentiment: Zacks published a piece framing Nordson as a strong momentum stock, which can attract trend-following and quant flows into the name. Here’s Why Nordson is a Strong Momentum Stock
• Neutral Sentiment: Institutional ownership remains high (~72%); recent small adjustments by a few funds are not a material shift in stewardship and suggest institutional conviction is largely intact. MarketBeat Institutional Activity
• Negative Sentiment: Significant insider selling has emerged: CEO Sundaram Nagarajan sold ~41,800 shares (~$12.3M) and EVP Joseph Kelley sold multiple blocks (23,052 and 8,725 shares), representing large percentage reductions in their holdings. Large, clustered insider sales can weigh on investor sentiment even if filings indicate routine diversification. Top Nordson Insiders Quietly Cash Out
• Negative Sentiment: MarketWatch flagged that Nordson underperformed peers on Wednesday, which may reflect sector rotation or near-term profit-taking following recent gains — a risk for short-term relative performance. Nordson Underperforms Peers

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on NDSN. DA Davidson set a $335.00 price target on shares of Nordson in a report on Monday. KeyCorp raised their target price on Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a research report on Monday, December 29th. Robert W. Baird lifted their price objective on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Finally, Vertical Research raised Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price on the stock in a research note on Monday, December 15th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $311.50.

Nordson Company 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.