Candriam S.C.A. Buys New Stake in Nordson Corporation $NDSN

Candriam S.C.A. purchased a new stake in shares of Nordson Corporation (NASDAQ:NDSN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,274 shares of the industrial products company’s stock, valued at approximately $871,000.

A number of other large investors have also modified their holdings of NDSN. New York Life Investment Management LLC boosted its position in Nordson by 64.9% during the fourth quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock worth $2,895,000 after purchasing an additional 4,737 shares in the last quarter. Polar Asset Management Partners Inc. increased its position in shares of Nordson by 67.0% in the third quarter. Polar Asset Management Partners Inc. now owns 39,754 shares of the industrial products company’s stock valued at $9,022,000 after buying an additional 15,954 shares in the last quarter. UBS Group AG increased its position in shares of Nordson by 7.3% in the fourth quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock valued at $104,102,000 after buying an additional 29,294 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Nordson during the 4th quarter worth approximately $4,381,000. Finally, Brendel Financial Advisors LLC acquired a new position in shares of Nordson during the 4th quarter worth approximately $3,646,000. Institutional investors and hedge funds own 72.11% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Oppenheimer lifted their price target 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. DA Davidson increased their price objective on shares of Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. BNP Paribas Exane lifted their target price on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.29.

Nordson Trading Up 0.3%

Shares of NDSN stock opened at $287.77 on Thursday. Nordson Corporation has a fifty-two week low of $207.08 and a fifty-two week high of $307.74. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60. The stock’s fifty day moving average is $287.88 and its two-hundred day moving average is $279.04. The firm has a market capitalization of $16.03 billion, a P/E ratio of 30.68, a PEG ratio of 1.90 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. The business had revenue of $740.85 million during 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%. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior 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. Research analysts expect that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were paid a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is 34.97%.

Insider Buying and Selling at Nordson

In other news, 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 sale, the executive vice president directly owned 6,407 shares in the company, valued at $1,793,960. This represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.84% of the stock is currently owned by corporate insiders.

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.