Nordson Corporation $NDSN Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp reduced its stake in Nordson Corporation (NASDAQ:NDSN) by 2.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 743,386 shares of the industrial products company’s stock after selling 18,628 shares during the period. Van ECK Associates Corp’s holdings in Nordson were worth $168,712,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legal & General Group Plc boosted its stake in shares of Nordson by 4.9% in the 3rd quarter. Legal & General Group Plc now owns 209,013 shares of the industrial products company’s stock valued at $47,435,000 after buying an additional 9,804 shares during the period. Russell Investments Group Ltd. raised its holdings in Nordson by 18.8% in the third quarter. Russell Investments Group Ltd. now owns 53,949 shares of the industrial products company’s stock valued at $12,242,000 after acquiring an additional 8,538 shares in the last quarter. Schroder Investment Management Group purchased a new position in Nordson in the third quarter worth approximately $28,493,000. HUB Investment Partners LLC grew its holdings in Nordson by 11.9% during the 3rd quarter. HUB Investment Partners LLC now owns 1,854 shares of the industrial products company’s stock worth $421,000 after acquiring an additional 197 shares in the last quarter. Finally, Mcdonald Partners LLC increased its position in shares of Nordson by 6.1% in the 3rd quarter. Mcdonald Partners LLC now owns 6,950 shares of the industrial products company’s stock valued at $1,577,000 after purchasing an additional 400 shares during the last quarter. 72.11% of the stock is owned by institutional investors and hedge funds.

Nordson Price Performance

NASDAQ:NDSN opened at $272.46 on Wednesday. The company’s 50-day moving average is $276.85 and its two-hundred day moving average is $247.86. The company has a current ratio of 2.72, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. The firm has a market cap of $15.20 billion, a price-to-earnings ratio of 29.42, a price-to-earnings-growth ratio of 1.84 and a beta of 0.98. Nordson Corporation has a 12-month low of $165.03 and a 12-month high of $305.28.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.36 by $0.01. The firm had revenue of $669.46 million during the quarter, compared to analyst estimates of $652.68 million. Nordson had a net margin of 18.39% and a return on equity of 19.73%. Nordson’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.06 earnings per share. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. Research analysts expect that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th will be given a dividend of $0.82 per share. 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, March 19th. Nordson’s payout ratio is presently 35.42%.

Insider Activity at Nordson

In related news, EVP Joseph P. Kelley sold 8,725 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the completion of the transaction, the executive vice president directly owned 7,268 shares in the company, valued at $2,129,814.72. This represents a 54.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sundaram Nagarajan sold 41,800 shares of Nordson stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total value of $12,258,268.00. Following the sale, the chief executive officer directly owned 64,824 shares in the company, valued at approximately $19,010,286.24. This trade represents a 39.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 73,577 shares of company stock worth $21,484,216 over the last 90 days. 0.84% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

NDSN has been the topic of several recent analyst reports. Robert W. Baird increased their target price on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Jefferies Financial Group reissued a “hold” rating and set a $300.00 target price on shares of Nordson in a research report on Monday, February 23rd. Vertical Research raised Nordson from a “hold” rating to a “buy” rating and set a $270.00 price target for the company in a report on Monday, December 15th. DA Davidson set a $335.00 price objective on shares of Nordson in a report on Monday, February 23rd. Finally, Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.50.

Nordson 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.