Nordson Corporation $NDSN Stock Holdings Boosted by Machina Capital S.A.S.

Machina Capital S.A.S. increased its stake in shares of Nordson Corporation (NASDAQ:NDSN) by 69.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 9,985 shares of the industrial products company’s stock after purchasing an additional 4,087 shares during the quarter. Machina Capital S.A.S.’s holdings in Nordson were worth $3,274,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. XXEC Inc. bought a new stake in Nordson in the second quarter worth $896,378,000. BlackRock Inc. purchased a new position in Nordson during the second quarter worth $1,248,447,000. Dimensional Fund Advisors LP boosted its stake in Nordson by 3.6% during the first quarter. Dimensional Fund Advisors LP now owns 453,962 shares of the industrial products company’s stock worth $120,752,000 after buying an additional 15,912 shares during the period. Bank of New York Mellon Corp purchased a new position in Nordson during the second quarter worth $127,230,000. Finally, Jennison Associates LLC increased its position in Nordson by 53.8% during the first quarter. Jennison Associates LLC now owns 388,110 shares of the industrial products company’s stock valued at $103,261,000 after acquiring an additional 135,757 shares during the last quarter. Institutional investors own 72.11% of the company’s stock.

Insider Buying and Selling

In other Nordson news, EVP Jennifer L. Mcdonough sold 260 shares of Nordson stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $336.00, for a total transaction of $87,360.00. Following the completion of the sale, the executive vice president directly owned 6,346 shares of the company’s stock, valued at $2,132,256. The trade was a 3.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel Hopgood sold 1,329 shares of Nordson stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total value of $444,271.41. Following the sale, the executive vice president directly owned 4,758 shares of the company’s stock, valued at approximately $1,590,551.82. This trade represents a 21.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,273 shares of company stock valued at $743,247 over the last quarter. 0.84% of the stock is owned by corporate insiders.

Nordson Price Performance

Shares of NDSN stock opened at $329.23 on Thursday. Nordson Corporation has a 52-week low of $223.29 and a 52-week high of $339.12. 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 firm has a market capitalization of $18.34 billion, a P/E ratio of 33.29, a P/E/G ratio of 1.96 and a beta of 0.99. The stock has a 50 day moving average price of $322.70 and a 200 day moving average price of $297.04.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data 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. The company had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%. Nordson’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, sell-side analysts predict that Nordson Corporation will post 11.86 earnings per share for the current year.

Nordson Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Thursday, September 10th were issued a $0.94 dividend. The ex-dividend date was Thursday, September 10th. This is a positive change from Nordson’s previous quarterly dividend of $0.82. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.1%. Nordson’s dividend payout ratio (DPR) is presently 38.02%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, November 7th. Weiss Ratings raised shares of Nordson from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, September 2nd. KeyCorp reaffirmed a “buy” rating on shares of Nordson in a research note on Thursday, August 20th. Robert W. Baird upped their price target on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a report on Friday, August 21st. Finally, DA Davidson reissued a “buy” rating and issued a $345.00 price objective on shares of Nordson in a research report on Thursday, August 20th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Nordson presently has a consensus rating of “Moderate Buy” and a consensus target price of $326.57.

About Nordson

Nordson Corporation develops and manufactures precision technology used to apply, manage, and inspect materials in industrial and medical applications. Its products help customers dispense adhesives, sealants, coatings, polymers, and other fluids with accuracy and consistency. The company’s offerings include hot-melt adhesive dispensing systems, precision fluid dispensing equipment, material coating and surface-treatment systems, and inspection and testing technologies. Nordson also supplies components and equipment for medical devices and related applications.