Nordson Corporation $NDSN Stock Holdings Lifted by XXEC Inc.

XXEC Inc. grew its position in Nordson Corporation (NASDAQ:NDSN) by 485.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 178,821 shares of the industrial products company’s stock after purchasing an additional 148,288 shares during the period. Nordson comprises about 8.9% of XXEC Inc.’s holdings, making the stock its 2nd largest position. XXEC Inc.’s holdings in Nordson were worth $45,539,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA lifted its holdings in shares of Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after buying an additional 51 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Nordson in the 2nd quarter valued at approximately $31,000. MUFG Securities EMEA plc acquired a new position in Nordson in the second quarter worth approximately $34,000. Hantz Financial Services Inc. increased its holdings in Nordson by 43.4% in the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after buying an additional 46 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC bought a new position in Nordson during the fourth quarter valued at approximately $40,000. 72.11% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Nordson news, EVP Justin E. Hall sold 716 shares of the business’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total transaction of $197,487.12. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $280.00, for a total transaction of $868,000.00. Following the sale, the executive vice president owned 6,407 shares of the company’s stock, valued at $1,793,960. This trade represents a 32.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on NDSN. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday. DA Davidson increased their price target on shares of Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Oppenheimer raised their price target on shares of Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, BNP Paribas Exane upped their price objective on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $311.29.

Nordson Stock Down 0.2%

NDSN opened at $301.69 on Wednesday. The firm has a market cap of $16.81 billion, a P/E ratio of 32.16, a price-to-earnings-growth ratio of 2.01 and a beta of 0.97. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60. The business has a 50 day moving average price of $286.70 and a 200 day moving average price of $275.23. Nordson Corporation has a twelve month low of $207.08 and a twelve month high of $307.74.

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. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The company had revenue of $740.85 million for the quarter, compared to the consensus estimate of $728.78 million. During the same quarter last year, the company posted $2.42 earnings per share. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Research analysts forecast that Nordson Corporation will post 11.59 EPS for the current year.

Nordson Announces Dividend

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

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.