Danske Bank A S Buys New Shares in Nordson Corporation $NDSN

Danske Bank A S bought a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 77,819 shares of the industrial products company’s stock, valued at approximately $23,477,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NDSN. New York Life Investment Management LLC increased its holdings in shares of Nordson by 64.9% during the 4th quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock worth $2,895,000 after acquiring an additional 4,737 shares during the last quarter. UBS Group AG lifted its holdings in Nordson by 7.3% during the 4th quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock valued at $104,102,000 after purchasing an additional 29,294 shares during the last quarter. Jackson Creek Investment Advisors LLC bought a new position in Nordson during the fourth quarter worth $1,426,000. Jennison Associates LLC boosted its position in Nordson by 539.2% during the fourth quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock worth $60,673,000 after purchasing an additional 212,876 shares during the period. Finally, Reflection Asset Management acquired a new position in shares of Nordson in the fourth quarter valued at $1,460,000. 72.11% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Oppenheimer increased their price objective on shares of Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. DA Davidson upped their price target on shares of Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Finally, BNP Paribas Exane raised 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 equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Nordson currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.29.

Nordson Price Performance

NASDAQ:NDSN opened at $309.92 on Thursday. Nordson Corporation has a 52 week low of $213.23 and a 52 week high of $315.68. 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 firm’s 50-day simple moving average is $296.97 and its 200 day simple moving average is $286.33. The firm has a market cap of $17.27 billion, a price-to-earnings ratio of 33.04, a P/E/G ratio of 2.02 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.09 by $0.16. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. During the same quarter in the prior year, the business posted $2.73 EPS. The business’s revenue was up 10.3% compared to the same quarter last year. 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 11.59 earnings per share for the current year.

Nordson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is 34.97%.

Trending Headlines about Nordson

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong quarterly beat: Adjusted earnings per share were $3.25, exceeding the $3.09 consensus estimate and rising from $2.73 a year earlier. Revenue reached a record $817.7 million, ahead of the $779.5 million analyst forecast and up approximately 10% year over year. Nordson Q3 Earnings and Revenue Estimates
• Positive Sentiment: Broad-based demand growth: Organic sales increased about 12%, with growth across all segments. Advanced Technology Solutions was particularly strong, with sales up 28%, while backlog increased 35% from the prior year. Nordson Record Third Quarter Results
• Positive Sentiment: Higher full-year guidance: Nordson now expects fiscal 2026 adjusted EPS of $11.80 to $12.00, above the $11.59 consensus estimate, and revenue of approximately $3.035 billion to $3.075 billion. The updated EPS range is also above the company’s previous outlook. Nordson Raises 2026 Guidance
• Positive Sentiment: Analyst support: D.A. Davidson reiterated its Buy rating and $345 price target following the results. The target is above the recent trading level and consistent with the positive earnings reaction. Nordson Analyst Rating
• Neutral Sentiment: Mixed institutional activity: Recent filings showed 378 institutions adding shares compared with 343 reducing positions, indicating generally constructive but not uniformly positive sentiment.
• Negative Sentiment: Insider selling: Company insiders reported 46 open-market sales and no purchases over the past six months, including substantial sales by the CEO and executive vice presidents. This may weigh on sentiment, although it did not offset the strong operating results.

Nordson 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.