California Public Employees Retirement System Increases Holdings in Nordson Corporation $NDSN

California Public Employees Retirement System raised its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 12.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,263 shares of the industrial products company’s stock after purchasing an additional 12,336 shares during the period. California Public Employees Retirement System’s holdings in Nordson were worth $29,071,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of Nordson by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock valued at $1,504,515,000 after buying an additional 186,480 shares during the period. State Street Corp boosted its holdings in Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after acquiring an additional 133,229 shares in the last quarter. Morgan Stanley increased its position in Nordson by 6.2% during the 4th quarter. Morgan Stanley now owns 1,582,637 shares of the industrial products company’s stock valued at $380,514,000 after purchasing an additional 92,970 shares during the period. JPMorgan Chase & Co. increased its position in Nordson by 24.0% during the 4th quarter. JPMorgan Chase & Co. now owns 891,016 shares of the industrial products company’s stock valued at $214,227,000 after purchasing an additional 172,400 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in Nordson by 12.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 851,679 shares of the industrial products company’s stock worth $204,769,000 after purchasing an additional 97,416 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on NDSN shares. DA Davidson raised their target price on shares of Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. BNP Paribas Exane raised their price objective on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings raised Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Finally, Oppenheimer upped their target price on Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Nordson has a consensus rating of “Moderate Buy” and a consensus target price of $311.29.

Nordson Stock Up 1.7%

Shares of Nordson stock opened at $290.07 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. The company has a 50-day moving average of $288.42 and a 200 day moving average of $280.35. The firm has a market cap of $16.16 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 1.89 and a beta of 0.96. Nordson Corporation has a 1 year low of $207.08 and a 1 year high of $307.74.

Nordson (NASDAQ:NDSN) last posted 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 business had revenue of $740.85 million for the quarter, compared to analyst estimates 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 quarter in the previous 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. As a group, sell-side analysts anticipate that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were paid a $0.82 dividend. The ex-dividend date was Thursday, June 18th. This represents a $3.28 annualized dividend 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.