State of New Jersey Common Pension Fund D Buys 2,506 Shares of Nordson Corporation $NDSN

State of New Jersey Common Pension Fund D raised its position in Nordson Corporation (NASDAQ:NDSN) by 16.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,995 shares of the industrial products company’s stock after acquiring an additional 2,506 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Nordson were worth $4,084,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. CYBER HORNET ETFs LLC bought a new position in Nordson in the second quarter worth $31,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Nordson by 640.0% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 148 shares of the industrial products company’s stock valued at $32,000 after buying an additional 128 shares in the last quarter. Quent Capital LLC bought a new position in shares of Nordson during the 3rd quarter worth about $32,000. NewSquare Capital LLC boosted its position in shares of Nordson by 212.0% during the 2nd quarter. NewSquare Capital LLC now owns 156 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 106 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in Nordson in the second quarter valued at about $34,000. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson Stock Down 1.8%

Shares of NASDAQ NDSN opened at $293.93 on Friday. Nordson Corporation has a 12-month low of $165.03 and a 12-month high of $305.28. The firm’s 50-day simple moving average is $265.11 and its 200 day simple moving average is $241.05. The company has a quick ratio of 1.05, a current ratio of 1.64 and a debt-to-equity ratio of 0.56. The company has a market cap of $16.37 billion, a price-to-earnings ratio of 31.74, a price-to-earnings-growth ratio of 2.05 and a beta of 1.01.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. Nordson had a net margin of 18.39% and a return on equity of 19.92%. The company had revenue of $669.46 million during the quarter, compared to the consensus estimate of $652.68 million. During the same period in the previous year, the firm posted $2.06 earnings per share. The company’s revenue was up 8.8% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. On average, research analysts expect that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Wednesday, December 17th. Nordson’s dividend payout ratio (DPR) is presently 38.45%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Robert W. Baird raised their price target on shares of Nordson from $252.00 to $275.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. DA Davidson reissued a “buy” rating and set a $290.00 price objective on shares of Nordson in a report on Thursday. Vertical Research raised shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price on the stock in a report on Monday, December 15th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $270.57.

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.