BNP Paribas Financial Markets Grows Position in Nordson Corporation $NDSN

BNP Paribas Financial Markets raised its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 90.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 180,205 shares of the industrial products company’s stock after purchasing an additional 85,707 shares during the quarter. BNP Paribas Financial Markets’ holdings in Nordson were worth $43,327,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in NDSN. Norges Bank purchased a new stake in shares of Nordson in the fourth quarter worth about $191,654,000. M&T Bank Corp lifted its holdings in shares of Nordson by 10,127.9% in the fourth quarter. M&T Bank Corp now owns 586,877 shares of the industrial products company’s stock worth $141,103,000 after buying an additional 581,139 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Nordson by 110.0% in the third quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock worth $163,093,000 after buying an additional 376,395 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Nordson by 61.9% in the third quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock worth $134,442,000 after buying an additional 226,514 shares in the last quarter. Finally, Jennison Associates LLC lifted its holdings in shares of Nordson by 539.2% in the fourth quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock worth $60,673,000 after buying an additional 212,876 shares in the last quarter. 72.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on NDSN shares. Wall Street Zen raised shares of Nordson from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. DA Davidson increased their price target on shares of Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Robert W. Baird increased their price target on shares of Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. KeyCorp increased their price target on shares of Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Oppenheimer raised their target price on shares of Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $311.29.

Insider Activity at Nordson

In other Nordson news, EVP Srinivas Subramanian sold 3,100 shares of Nordson stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $280.00, for a total transaction of $868,000.00. Following the transaction, the executive vice president directly owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This trade represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of Nordson stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total transaction of $197,487.12. Following the transaction, the executive vice president directly owned 1,515 shares in the company, valued at $417,867.30. This trade represents a 32.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.84% of the company’s stock.

Nordson Trading Up 0.6%

Shares of NDSN opened at $289.45 on Thursday. The firm’s 50 day simple moving average is $278.16 and its 200 day simple moving average is $267.46. The company has a market capitalization of $16.13 billion, a P/E ratio of 30.86, a P/E/G ratio of 1.91 and a beta of 0.97. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. Nordson Corporation has a 1-year low of $207.08 and a 1-year high of $305.28.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. The business had revenue of $740.85 million for the quarter, compared to the consensus estimate of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. Nordson’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the firm posted $2.42 earnings per share. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Sell-side analysts forecast that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

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.