Nordson Corporation $NDSN Stock Position Raised by Logan Capital Management Inc.

Logan Capital Management Inc. raised its position in shares of Nordson Corporation (NASDAQ:NDSN) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,795 shares of the industrial products company’s stock after purchasing an additional 2,182 shares during the period. Logan Capital Management Inc. owned 0.08% of Nordson worth $11,011,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Nordson during the 4th quarter valued at about $191,654,000. M&T Bank Corp grew its holdings in Nordson by 10,127.9% in 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 buying an additional 581,139 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Nordson by 110.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock valued at $163,093,000 after buying an additional 376,395 shares during the last quarter. Millennium Management LLC grew its holdings in Nordson by 61.9% in the 3rd quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock valued at $134,442,000 after buying an additional 226,514 shares during the last quarter. Finally, Jennison Associates LLC grew its holdings in Nordson by 539.2% in the 4th quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock valued at $60,673,000 after buying an additional 212,876 shares during the last quarter. 72.11% of the stock is owned by hedge funds and other institutional investors.

Nordson Price Performance

Shares of NDSN stock opened at $285.63 on Friday. The stock’s fifty day simple moving average is $280.52 and its 200 day simple moving average is $269.80. 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 has a market cap of $15.92 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 1.85 and a beta of 0.97. Nordson Corporation has a one year low of $207.08 and a one year high of $305.28.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.82 by $0.04. The business had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.Nordson’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter 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. On average, analysts expect that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be paid a $0.82 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $3.28 annualized dividend and a yield of 1.1%. Nordson’s payout ratio is currently 34.97%.

Insider Buying and Selling at Nordson

In related news, EVP Justin E. Hall sold 716 shares of the business’s stock in a transaction 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 sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Srinivas Subramanian sold 3,100 shares of the business’s stock in a transaction 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 directly owned 6,407 shares in the company, valued at approximately $1,793,960. This represents a 32.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.84% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on NDSN shares. Robert W. Baird raised 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. Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a report on Saturday, May 30th. DA Davidson lifted their price objective on Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Weiss Ratings raised Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 22nd. Finally, BNP Paribas Exane lifted their price objective on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $311.29.

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.