Nordson Corporation $NDSN Shares Sold by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments decreased its stake in Nordson Corporation (NASDAQ:NDSN) by 19.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,600 shares of the industrial products company’s stock after selling 15,200 shares during the quarter. BLI Banque de Luxembourg Investments’ holdings in Nordson were worth $15,754,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of NDSN. Arrowstreet Capital Limited Partnership grew its position in shares of Nordson by 314.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock valued at $2,335,000 after purchasing an additional 8,268 shares during the period. Marshall Wace LLP acquired a new stake in shares of Nordson in the second quarter valued at about $8,594,000. Cerity Partners LLC grew its position in shares of Nordson by 23.6% in the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock valued at $3,027,000 after purchasing an additional 2,692 shares during the period. Daiwa Securities Group Inc. grew its position in shares of Nordson by 2.4% in the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company’s stock valued at $2,221,000 after purchasing an additional 244 shares during the period. Finally, State Street Corp grew its position in shares of 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 purchasing an additional 133,229 shares during the period. Institutional investors and hedge funds own 72.11% of the company’s stock.

Insider Buying and Selling

In other news, EVP Srinivas Subramanian sold 3,100 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $280.00, for a total value of $868,000.00. Following the sale, the executive vice president directly owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. The trade was a 32.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total transaction of $197,487.12. Following the completion of the sale, 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. 0.84% of the stock is currently owned by insiders.

Analyst Ratings Changes

NDSN has been the topic of a number of recent research reports. Jefferies Financial Group restated a “hold” rating and set a $300.00 price target on shares of Nordson in a research report on Monday, February 23rd. KeyCorp boosted 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. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. DA Davidson boosted their price target 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. Finally, Robert W. Baird boosted their price target on shares of Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $311.29.

Nordson Price Performance

Nordson stock opened at $282.21 on Tuesday. The company’s 50 day simple moving average is $279.09 and its 200-day simple moving average is $268.64. The company has a market capitalization of $15.72 billion, a price-to-earnings ratio of 30.09, a price-to-earnings-growth ratio of 1.88 and a beta of 0.97. 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 quick ratio of 1.65 and a current ratio of 2.60.

Nordson (NASDAQ:NDSN) last released its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) 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%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.42 EPS. 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 research analysts expect that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Thursday, June 18th will be paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, June 18th. Nordson’s payout ratio is 34.97%.

About Nordson

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.