Copeland Capital Management LLC decreased its stake in Nordson Corporation (NASDAQ:NDSN – Free Report) by 2.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,657 shares of the industrial products company’s stock after selling 2,659 shares during the period. Copeland Capital Management LLC owned approximately 0.20% of Nordson worth $30,240,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in Nordson during the fourth quarter worth about $191,654,000. M&T Bank Corp lifted its position in shares of Nordson by 10,127.9% during 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 acquiring an additional 581,139 shares during the period. Millennium Management LLC boosted its stake in shares of Nordson by 61.9% during the 3rd quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock worth $134,442,000 after acquiring an additional 226,514 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Nordson by 539.2% during the 4th quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock worth $60,673,000 after acquiring an additional 212,876 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Nordson by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock worth $1,504,515,000 after acquiring an additional 186,480 shares during the period. Hedge funds and other institutional investors own 72.11% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently issued reports on NDSN. 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 Monday, June 29th. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Oppenheimer lifted their price target on Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, BNP Paribas Exane boosted their price objective on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.29.
Nordson Trading Down 1.5%
Shares of NDSN opened at $288.98 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. Nordson Corporation has a 1-year low of $207.08 and a 1-year high of $307.74. The stock has a market cap of $16.10 billion, a price-to-earnings ratio of 30.81, a price-to-earnings-growth ratio of 1.95 and a beta of 0.96. The firm has a 50 day simple moving average of $288.17 and a 200-day simple moving average of $279.45.
Nordson (NASDAQ:NDSN – Get Free Report) last posted its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. The firm 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 revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities analysts forecast that Nordson Corporation will post 11.59 EPS for the current fiscal year.
Nordson Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were given a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was 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.
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