Andra AP fonden grew its holdings in shares of Nordson Corporation (NASDAQ:NDSN – Free Report) by 1,234.7% in the first quarter, Holdings Channel.com reports. The firm owned 58,726 shares of the industrial products company’s stock after buying an additional 54,326 shares during the period. Andra AP fonden’s holdings in Nordson were worth $15,625,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently modified their holdings of the company. Private Trust Co. NA raised its holdings in Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 51 shares during the period. CYBER HORNET ETFs LLC bought a new position in shares of Nordson in the second quarter worth $31,000. Hantz Financial Services Inc. grew its position in shares of Nordson by 43.4% in the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 46 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in shares of Nordson in the second quarter valued at $34,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Nordson during the 4th quarter valued at $40,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have commented on NDSN shares. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. BNP Paribas Exane increased their price target on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. DA Davidson raised their price objective on shares of Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Finally, Oppenheimer boosted their price objective 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 three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $311.29.
Nordson Price Performance
Shares of NASDAQ NDSN opened at $290.07 on Wednesday. The stock’s 50-day simple moving average is $288.42 and its two-hundred day simple moving average is $280.35. Nordson Corporation has a twelve month low of $207.08 and a twelve month high of $307.74. The firm has a market capitalization of $16.16 billion, a P/E ratio of 30.92, a P/E/G ratio of 1.89 and a beta of 0.96. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58.
Nordson (NASDAQ:NDSN – Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.82 by $0.04. The company had revenue of $740.85 million during the quarter, compared to analyst estimates of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.Nordson’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. As a group, equities analysts anticipate that Nordson Corporation will post 11.59 EPS for the current fiscal year.
Nordson Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were issued a $0.82 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. Nordson’s dividend payout ratio is presently 34.97%.
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.
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