27,524 Shares in Nordson Corporation $NDSN Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company bought a new position in Nordson Corporation (NASDAQ:NDSN) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,524 shares of the industrial products company’s stock, valued at approximately $8,304,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clearstead Trust LLC bought a new position in Nordson during the second quarter valued at about $25,000. Keating Financial Advisory Services Inc. bought a new stake in Nordson in the second quarter worth about $30,000. N.E.W. Advisory Services LLC acquired a new stake in Nordson in the 2nd quarter valued at about $33,000. CYBER HORNET ETFs LLC acquired a new stake in Nordson in the 2nd quarter valued at about $31,000. Finally, Elevation Wealth Partners LLC boosted its position in shares of Nordson by 2,400.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 150 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 144 shares in the last quarter. 72.11% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. KeyCorp restated a “buy” rating on shares of Nordson in a research report on Thursday, August 20th. BNP Paribas Exane upped their price target on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Robert W. Baird increased their price objective on Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Finally, Weiss Ratings raised Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $326.57.

Nordson Stock Performance

Shares of NDSN stock opened at $324.59 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82. The stock has a market cap of $18.08 billion, a price-to-earnings ratio of 32.82, a P/E/G ratio of 2.11 and a beta of 0.96. Nordson Corporation has a 52-week low of $220.06 and a 52-week high of $339.12. The firm has a fifty day moving average of $302.64 and a 200-day moving average of $288.76.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The business had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. During the same quarter in the previous year, the firm earned $2.73 EPS. Nordson’s quarterly revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, equities research analysts forecast that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Thursday, September 10th will be issued a dividend of $0.94 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $3.76 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Nordson’s previous quarterly dividend of $0.82. Nordson’s payout ratio is 33.16%.

Insiders Place Their Bets

In other Nordson news, EVP Daniel Roy Hopgood sold 1,329 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total transaction of $444,271.41. Following the transaction, the executive vice president owned 4,758 shares of the company’s stock, valued at approximately $1,590,551.82. This represents a 21.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jennifer L. Mcdonough sold 260 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $336.00, for a total value of $87,360.00. Following the transaction, the executive vice president directly owned 6,346 shares in the company, valued at $2,132,256. This trade represents a 3.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.84% of the company’s stock.

Nordson News Summary

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Nordson declared a quarterly dividend of $0.94 per share, payable October 2 to shareholders of record September 10. The payout is 14.6% higher than the previous $0.82 dividend, signaling management’s confidence in cash-flow generation and enhancing the stock’s appeal to income-focused investors. Nordson raises dividend by 14.6% to $0.94
• Positive Sentiment: Recent momentum reflects Nordson’s solid operating performance. The company’s latest quarter exceeded earnings and revenue expectations, with EPS of $3.25 versus $3.09 expected and revenue growth of 10.3% year over year. Analysts remain constructive, including an Oppenheimer price-target increase to $370 and a consensus rating of “Moderate Buy.” What Makes Nordson a Strong Momentum Stock
• Neutral Sentiment: NDSN recently set a new 12-month high, highlighting strong momentum but also increasing the possibility of profit-taking after a substantial advance. Nordson Sets New 12-Month High
• Negative Sentiment: Two Nordson executives reported stock sales. EVP Daniel Roy Hopgood sold 1,329 shares worth approximately $444,000, reducing his holdings by 21.83%; EVP Jennifer McDonough sold 260 shares worth about $87,000. These transactions may weigh on sentiment, particularly with the stock near its recent high, although insider sales do not necessarily indicate deteriorating business fundamentals. Nordson Insider Selling

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.