Havemeyer Place LP Makes New $699,000 Investment in Nordson Corporation $NDSN

Havemeyer Place LP acquired a new position in Nordson Corporation (NASDAQ:NDSN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,906 shares of the industrial products company’s stock, valued at approximately $699,000.

A number of other hedge funds have also made changes to their positions in the company. Roman Butler Fullerton & Co. increased its position in shares of Nordson by 4.2% in the fourth quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company’s stock valued at $228,000 after buying an additional 38 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Nordson by 12.0% in the third quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock valued at $98,000 after buying an additional 46 shares in the last quarter. Argent Trust Co increased its position in shares of Nordson by 3.6% in the third quarter. Argent Trust Co now owns 1,325 shares of the industrial products company’s stock valued at $301,000 after buying an additional 46 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of Nordson by 43.4% in the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after buying an additional 46 shares in the last quarter. Finally, Norden Group LLC increased its position in shares of Nordson by 4.4% in the fourth quarter. Norden Group LLC now owns 1,199 shares of the industrial products company’s stock valued at $288,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Stock Down 0.2%

NDSN opened at $282.21 on Tuesday. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. The firm has a market cap of $15.72 billion, a P/E ratio of 30.09, a PEG ratio of 1.88 and a beta of 0.97. Nordson Corporation has a 52 week low of $207.08 and a 52 week high of $305.28. The business’s fifty day simple moving average is $279.09 and its 200 day simple moving average is $268.64.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. The business 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%.The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.42 earnings per share. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, equities research analysts anticipate 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 will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be paid a dividend of $0.82 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.2%. Nordson’s dividend payout ratio (DPR) is presently 34.97%.

Insiders Place Their Bets

In related news, EVP Justin E. Hall sold 716 shares of the stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total transaction of $197,487.12. Following the sale, the executive vice president owned 1,515 shares of the company’s stock, valued at $417,867.30. This trade represents a 32.09% decrease in their ownership of the stock. 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 stock in a transaction on Friday, April 17th. The shares were sold at an average price of $280.00, for a total value of $868,000.00. Following the sale, the executive vice president directly owned 6,407 shares in the company, valued at approximately $1,793,960. The trade was a 32.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.84% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on NDSN shares. Jefferies Financial Group restated a “hold” rating and issued a $300.00 price target on shares of Nordson in a research report on Monday, February 23rd. BNP Paribas Exane raised their price target on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. KeyCorp raised their price target on Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Finally, Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Nordson currently has an average rating of “Moderate Buy” and a consensus price target of $311.29.

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.