Logan Capital Management Inc. Acquires 2,182 Shares of Nordson Corporation $NDSN

Logan Capital Management Inc. raised its holdings in Nordson Corporation (NASDAQ:NDSN) by 5.0% in the 4th quarter, HoldingsChannel reports. The firm owned 45,795 shares of the industrial products company’s stock after purchasing an additional 2,182 shares during the quarter. Logan Capital Management Inc.’s holdings in Nordson were worth $11,011,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of NDSN. Private Trust Co. NA raised its position in Nordson by 70.8% in the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 51 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Nordson in the 2nd quarter valued at $31,000. MUFG Securities EMEA plc bought a new position in Nordson in the 2nd quarter valued at $34,000. Hantz Financial Services Inc. raised its position in Nordson by 43.4% in the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 46 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC bought a new position in Nordson in the 4th quarter valued at $40,000. Institutional investors own 72.11% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. BNP Paribas Exane boosted their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. DA Davidson boosted their target price on Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Oppenheimer boosted their target price on Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. Finally, Jefferies Financial Group restated a “hold” rating and set a $300.00 target price on shares of Nordson in a research report on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Nordson has a consensus rating of “Moderate Buy” and a consensus price target of $311.29.

Nordson Trading Up 2.5%

NDSN stock opened at $285.63 on Friday. The company has a market cap of $15.92 billion, a P/E ratio of 30.45, a PEG ratio of 1.85 and a beta of 0.97. Nordson Corporation has a twelve month low of $207.08 and a twelve month high of $305.28. 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 business has a fifty day moving average of $280.52 and a 200-day moving average of $269.80.

Nordson (NASDAQ:NDSN) last released 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 during the quarter, compared to the consensus estimate of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The firm’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $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 expect that Nordson Corporation will post 11.59 EPS for the current 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 issued a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, June 18th. Nordson’s dividend payout ratio is currently 34.97%.

Insider Transactions at Nordson

In related news, EVP Justin E. Hall sold 716 shares of the company’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total value of $197,487.12. Following the completion of the sale, the executive vice president owned 1,515 shares in the company, valued at approximately $417,867.30. This represents a 32.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $280.00, for a total value of $868,000.00. Following the completion of the sale, the executive vice president owned 6,407 shares of the company’s stock, valued at $1,793,960. This represents a 32.61% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.84% of the company’s stock.

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.