Vest Financial LLC Sells 38,939 Shares of Nordson Corporation $NDSN

Vest Financial LLC reduced its position in Nordson Corporation (NASDAQ:NDSN) by 13.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 250,202 shares of the industrial products company’s stock after selling 38,939 shares during the period. Vest Financial LLC’s holdings in Nordson were worth $56,783,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of NDSN. Vanguard Group Inc. lifted its position in shares of Nordson by 0.4% in the second quarter. Vanguard Group Inc. now owns 6,200,937 shares of the industrial products company’s stock valued at $1,329,295,000 after buying an additional 22,090 shares during the last quarter. State Street Corp raised its stake in Nordson by 4.7% in the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after acquiring an additional 133,229 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in Nordson by 4.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,068,214 shares of the industrial products company’s stock valued at $228,993,000 after purchasing an additional 48,556 shares during the last quarter. ProShare Advisors LLC boosted its position in Nordson by 10.2% during the second quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock worth $185,729,000 after purchasing an additional 80,285 shares during the period. Finally, Champlain Investment Partners LLC boosted its position in Nordson by 2.4% during the second quarter. Champlain Investment Partners LLC now owns 816,115 shares of the industrial products company’s stock worth $174,951,000 after purchasing an additional 19,195 shares during the period. Institutional investors and hedge funds own 72.11% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. DA Davidson set a $290.00 price target on shares of Nordson in a report on Friday, December 12th. Weiss Ratings restated a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. Robert W. Baird upped their target price on Nordson from $252.00 to $275.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Finally, KeyCorp increased their target price on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $268.00.

Insider Buying and Selling at Nordson

In related news, EVP James E. Devries sold 9,100 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $233.60, for a total value of $2,125,760.00. Following the sale, the executive vice president owned 51,223 shares in the company, valued at approximately $11,965,692.80. The trade was a 15.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.80% of the company’s stock.

Nordson Trading Down 2.1%

Shares of NDSN opened at $266.08 on Wednesday. Nordson Corporation has a 1 year low of $165.03 and a 1 year high of $272.62. The company has a 50 day simple moving average of $242.98 and a two-hundred day simple moving average of $231.05. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.64 and a quick ratio of 1.05. The firm has a market cap of $14.82 billion, a P/E ratio of 31.19, a price-to-earnings-growth ratio of 1.87 and a beta of 1.02.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, December 10th. The industrial products company reported $3.03 EPS for the quarter, topping the consensus estimate of $2.93 by $0.10. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The business had revenue of $751.82 million for the quarter, compared to analysts’ expectations of $761.03 million. During the same quarter in the previous year, the company earned $2.78 EPS. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. On average, equities analysts expect that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 17th were 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 was Wednesday, December 17th. Nordson’s dividend payout ratio is currently 38.45%.

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.