Eurizon Capital SGR S.p.A. Takes $660,000 Position in Nordson Corporation $NDSN

Eurizon Capital SGR S.p.A. purchased a new stake in shares of Nordson Corporation (NASDAQ:NDSN) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,737 shares of the industrial products company’s stock, valued at approximately $660,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Nordson by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock valued at $1,504,515,000 after purchasing an additional 186,480 shares during the last quarter. State Street Corp increased its position in shares of Nordson by 4.7% during the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after purchasing an additional 133,229 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Nordson by 110.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock valued at $163,093,000 after purchasing an additional 376,395 shares during the last quarter. Millennium Management LLC increased its position in shares of Nordson by 61.9% during the 3rd quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock valued at $134,442,000 after purchasing an additional 226,514 shares during the last quarter. Finally, M&T Bank Corp increased its position in shares of Nordson by 10,127.9% during the 4th quarter. M&T Bank Corp now owns 586,877 shares of the industrial products company’s stock valued at $141,103,000 after purchasing an additional 581,139 shares during the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Trading Up 0.6%

NDSN stock opened at $289.45 on Thursday. Nordson Corporation has a 1-year low of $207.08 and a 1-year high of $305.28. 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 market capitalization of $16.13 billion, a price-to-earnings ratio of 30.86, a PEG ratio of 1.91 and a beta of 0.97. The business has a 50 day simple moving average of $278.16 and a two-hundred day simple moving average of $267.46.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on NDSN shares. Oppenheimer increased their target price on shares of Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 22nd. BNP Paribas Exane increased their target price on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. KeyCorp increased their target price 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, Robert W. Baird increased their target price on shares of Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $311.29.

Insider Activity at Nordson

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

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.