Assenagon Asset Management S.A. Raises Position in Nordson Corporation $NDSN

Assenagon Asset Management S.A. grew its holdings in Nordson Corporation (NASDAQ:NDSN) by 98.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 36,160 shares of the industrial products company’s stock after buying an additional 17,939 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Nordson were worth $9,621,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Private Trust Co. NA increased its stake in shares of Nordson by 70.8% during the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after buying an additional 51 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in shares of Nordson in the 2nd quarter valued at approximately $31,000. MUFG Securities EMEA plc purchased a new stake in shares of Nordson in the 2nd quarter valued at approximately $34,000. Hantz Financial Services Inc. raised its holdings in shares of Nordson by 43.4% in the 4th 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. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Nordson in the 4th quarter valued at $40,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Wall Street Analyst Weigh In

NDSN has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday. DA Davidson raised their price target on Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Weiss Ratings downgraded Nordson from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 12th. BNP Paribas Exane upped their price objective on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Finally, Oppenheimer increased their price objective on Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $311.29.

Insider Activity

In other Nordson news, 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 owned 1,515 shares of the company’s stock, valued at $417,867.30. The trade was a 32.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, 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 completion of the sale, the executive vice president owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This represents a 32.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.84% of the stock is currently owned by insiders.

Nordson Stock Performance

NASDAQ NDSN opened at $301.47 on Monday. 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 firm’s fifty day moving average price is $285.79 and its 200 day moving average price is $274.28. The company has a market capitalization of $16.80 billion, a price-to-earnings ratio of 32.14, a price-to-earnings-growth ratio of 2.00 and a beta of 0.97. Nordson Corporation has a 12 month low of $207.08 and a 12 month high of $307.74.

Nordson (NASDAQ:NDSN) last announced its quarterly 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. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm had revenue of $740.85 million during the quarter, compared to analysts’ expectations of $728.78 million. During the same period in the previous year, the company earned $2.42 earnings per share. Nordson’s quarterly revenue 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. On average, sell-side analysts expect that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Thursday, June 18th will be issued a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 18th. Nordson’s 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.