Dakota Wealth Management Makes New Investment in Nordson Corporation $NDSN

Dakota Wealth Management acquired a new stake in Nordson Corporation (NASDAQ:NDSN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,656 shares of the industrial products company’s stock, valued at approximately $1,360,000.

A number of other hedge funds also recently made changes to their positions in the company. CYBER HORNET ETFs LLC acquired a new position in shares of Nordson during the second quarter worth $31,000. Quent Capital LLC acquired a new stake in Nordson during the 3rd quarter valued at $32,000. MUFG Securities EMEA plc purchased a new stake in Nordson during the 2nd quarter worth $34,000. Root Financial Partners LLC purchased a new stake in Nordson during the 3rd quarter worth $36,000. Finally, SJS Investment Consulting Inc. lifted its stake in shares of Nordson by 3,180.0% in the third quarter. SJS Investment Consulting Inc. now owns 164 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 159 shares in the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Stock Down 1.8%

NASDAQ:NDSN opened at $260.21 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72. The company has a market capitalization of $14.51 billion, a price-to-earnings ratio of 28.10, a price-to-earnings-growth ratio of 1.76 and a beta of 0.98. Nordson Corporation has a one year low of $165.03 and a one year high of $305.28. The stock has a 50-day simple moving average of $279.91 and a 200 day simple moving average of $251.61.

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

Nordson Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Thursday, March 19th will be given 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 of this dividend is Thursday, March 19th. Nordson’s dividend payout ratio is currently 35.42%.

Insider Buying and Selling at Nordson

In other Nordson news, EVP Joseph P. Kelley sold 23,052 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $289.31, for a total transaction of $6,669,174.12. Following the completion of the sale, the executive vice president owned 7,559 shares in the company, valued at $2,186,894.29. The trade was a 75.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 in the company, valued at $19,010,286.24. This trade represents a 39.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 73,577 shares of company stock worth $21,484,216 over the last 90 days. 0.84% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. DA Davidson set a $335.00 price objective on Nordson in a research note on Monday, February 23rd. Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. KeyCorp raised their price target on shares of Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $300.00 price target on shares of Nordson in a report on Monday, February 23rd. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.