OMERS ADMINISTRATION Corp Purchases 3,266 Shares of Nordson Corporation $NDSN

OMERS ADMINISTRATION Corp grew its holdings in Nordson Corporation (NASDAQ:NDSN) by 168.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 5,203 shares of the industrial products company’s stock after buying an additional 3,266 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Nordson were worth $1,384,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Nordson by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock valued at $1,504,515,000 after purchasing an additional 186,480 shares during the period. State Street Corp boosted its stake in Nordson by 4.7% during the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after acquiring an additional 133,229 shares in the last quarter. Morgan Stanley boosted its stake in Nordson by 6.2% during the fourth quarter. Morgan Stanley now owns 1,582,637 shares of the industrial products company’s stock worth $380,514,000 after acquiring an additional 92,970 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Nordson by 24.0% in the fourth quarter. JPMorgan Chase & Co. now owns 891,016 shares of the industrial products company’s stock worth $214,227,000 after purchasing an additional 172,400 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of Nordson by 12.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 851,679 shares of the industrial products company’s stock worth $204,769,000 after buying an additional 97,416 shares during the last quarter. 72.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Nordson Price Performance

NDSN stock opened at $294.98 on Thursday. Nordson Corporation has a 52 week low of $207.08 and a 52 week high of $307.74. The firm has a market capitalization of $16.44 billion, a P/E ratio of 31.45, a price-to-earnings-growth ratio of 2.01 and a beta of 0.96. The company has a fifty day simple moving average of $290.73 and a two-hundred day simple moving average of $282.37. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. The firm had revenue of $740.85 million for the quarter, compared to the consensus estimate of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Analysts anticipate that Nordson Corporation will post 11.59 earnings per share for the current fiscal 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 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s payout ratio is presently 34.97%.

Nordson Company 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.