Benjamin Edwards Inc. Sells 2,777 Shares of Nordson Corporation $NDSN

Benjamin Edwards Inc. lessened its position in shares of Nordson Corporation (NASDAQ:NDSN) by 11.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,077 shares of the industrial products company’s stock after selling 2,777 shares during the period. Benjamin Edwards Inc.’s holdings in Nordson were worth $5,310,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of NDSN. Private Trust Co. NA grew its stake in Nordson by 70.8% in the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after buying an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Nordson in the 2nd quarter valued at $31,000. Quent Capital LLC purchased a new stake in shares of Nordson in the 3rd quarter valued at $32,000. MUFG Securities EMEA plc purchased a new stake in shares of Nordson in the 2nd quarter valued at $34,000. Finally, Root Financial Partners LLC purchased a new stake in shares of Nordson in the 3rd quarter valued at $36,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Stock Performance

Shares of NDSN stock opened at $280.42 on Tuesday. Nordson Corporation has a one year low of $187.89 and a one year high of $305.28. The company’s 50-day moving average is $276.07 and its 200 day moving average is $259.77. The company has a market capitalization of $15.64 billion, a price-to-earnings ratio of 30.28, a price-to-earnings-growth ratio of 1.91 and a beta of 0.99. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, beating the consensus estimate of $2.36 by $0.01. Nordson had a net margin of 18.39% and a return on equity of 19.73%. The company had revenue of $669.46 million for the quarter, compared to the consensus estimate of $652.68 million. During the same period in the prior year, the firm posted $2.06 EPS. Nordson’s revenue for the quarter 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. Sell-side analysts expect that Nordson Corporation will post 11.41 EPS for the current fiscal year.

Nordson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Thursday, March 19th were given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, March 19th. Nordson’s dividend payout ratio is 35.42%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on NDSN. Robert W. Baird increased their price target on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Jefferies Financial Group restated a “hold” rating and issued a $300.00 price objective on shares of Nordson in a report on Monday, February 23rd. Oppenheimer upped their price objective on shares of Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. KeyCorp upped their price objective on shares of Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, DA Davidson set a $335.00 price target on shares of Nordson in a research note on Monday, February 23rd. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $311.50.

Insider Activity at Nordson

In other news, EVP Joseph P. Kelley sold 8,725 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the sale, the executive vice president owned 7,268 shares of the company’s stock, valued at $2,129,814.72. This trade represents a 54.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Sundaram Nagarajan sold 41,800 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total transaction of $12,258,268.00. Following the sale, the chief executive officer directly owned 64,824 shares in the company, valued at approximately $19,010,286.24. The trade was a 39.20% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 77,393 shares of company stock worth $22,549,703. 0.84% of the stock is owned by insiders.

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.