Nordson Corporation $NDSN Shares Sold by Sei Investments Co.

Sei Investments Co. decreased its holdings in Nordson Corporation (NASDAQ:NDSN) by 5.0% in the 1st quarter, HoldingsChannel reports. The fund owned 65,137 shares of the industrial products company’s stock after selling 3,461 shares during the quarter. Sei Investments Co.’s holdings in Nordson were worth $17,330,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Lido Advisors LLC purchased a new stake in shares of Nordson during the 1st quarter worth $435,000. Globeflex Capital L P acquired a new stake in shares of Nordson in the first quarter valued at about $592,000. First Trust Advisors LP boosted its holdings in Nordson by 86.4% during the first quarter. First Trust Advisors LP now owns 48,796 shares of the industrial products company’s stock worth $12,983,000 after buying an additional 22,624 shares in the last quarter. ABN Amro Investment Solutions boosted its holdings in Nordson by 58.5% during the first quarter. ABN Amro Investment Solutions now owns 4,470 shares of the industrial products company’s stock worth $1,189,000 after buying an additional 1,650 shares in the last quarter. Finally, Oslo Pensjonsforsikring AS acquired a new position in Nordson during the first quarter worth about $71,000. Institutional investors and hedge funds own 72.11% of the company’s stock.

Wall Street Analyst Weigh In

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

Nordson Trading Down 2.5%

Shares of NDSN opened at $294.98 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. The firm has a 50 day simple moving average of $290.73 and a 200-day simple moving average of $282.37. 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 $16.44 billion, a price-to-earnings ratio of 31.45, a price-to-earnings-growth ratio of 2.01 and a beta of 0.96.

Nordson (NASDAQ:NDSN) 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 Announces Dividend

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.