Natixis Advisors LLC Has $53.62 Million Stock Holdings in Nordson Corporation $NDSN

Natixis Advisors LLC trimmed its position in Nordson Corporation (NASDAQ:NDSN) by 19.8% during the third quarter, Holdings Channel reports. The firm owned 236,249 shares of the industrial products company’s stock after selling 58,425 shares during the quarter. Natixis Advisors LLC’s holdings in Nordson were worth $53,617,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. raised its stake in Nordson by 62.4% in the second quarter. First Horizon Advisors Inc. now owns 320 shares of the industrial products company’s stock valued at $69,000 after buying an additional 123 shares during the period. Resona Asset Management Co. Ltd. lifted its position in shares of Nordson by 9.6% in the second quarter. Resona Asset Management Co. Ltd. now owns 27,526 shares of the industrial products company’s stock valued at $5,910,000 after buying an additional 2,415 shares during the last quarter. Wedbush Securities Inc. boosted its stake in shares of Nordson by 24.1% during the 2nd quarter. Wedbush Securities Inc. now owns 3,401 shares of the industrial products company’s stock worth $729,000 after acquiring an additional 660 shares during the period. Fox Run Management L.L.C. acquired a new position in shares of Nordson during the 2nd quarter worth approximately $478,000. Finally, Aviva PLC acquired a new position in shares of Nordson during the 2nd quarter worth approximately $8,205,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Nordson Stock Performance

NDSN opened at $271.49 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. The business has a fifty day simple moving average of $276.28 and a 200 day simple moving average of $247.55. Nordson Corporation has a 1 year low of $165.03 and a 1 year high of $305.28. The company has a market capitalization of $15.14 billion, a PE ratio of 29.32, a price-to-earnings-growth ratio of 1.85 and a beta of 0.98.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The firm had revenue of $669.46 million for the quarter, compared to analysts’ expectations of $652.68 million. During the same quarter last year, the business earned $2.06 EPS. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. 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 declared a quarterly dividend, which will be paid on Friday, April 3rd. Investors 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 yield of 1.2%. The ex-dividend date of this dividend is Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is currently 35.42%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. KeyCorp raised their price target on Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. DA Davidson set a $335.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Vertical Research upgraded shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price for the company in a research note on Monday, December 15th. Finally, Oppenheimer lifted their target price on shares of Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $311.50.

Insider Transactions at Nordson

In other Nordson news, EVP Joseph P. Kelley sold 23,052 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $289.31, for a total transaction of $6,669,174.12. Following the transaction, the executive vice president owned 7,559 shares in the company, valued at $2,186,894.29. This represents a 75.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Sundaram Nagarajan sold 41,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the transaction, the chief executive officer directly owned 64,824 shares in the company, valued at $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 73,577 shares of company stock worth $21,484,216. 0.84% of the stock is owned by 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.