2,127 Shares in Nordson Corporation $NDSN Purchased by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. acquired a new stake in Nordson Corporation (NASDAQ:NDSN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,127 shares of the industrial products company’s stock, valued at approximately $642,000.

A number of other hedge funds also recently made changes to their positions in the business. New York Life Investment Management LLC raised its position in shares of Nordson by 64.9% in the fourth quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock valued at $2,895,000 after purchasing an additional 4,737 shares during the period. UBS Group AG boosted its holdings in shares of Nordson by 7.3% during the 4th quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock worth $104,102,000 after buying an additional 29,294 shares during the period. Jackson Creek Investment Advisors LLC bought a new stake in shares of Nordson during the 4th quarter worth about $1,426,000. Jennison Associates LLC grew its stake in Nordson by 539.2% in the 4th quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock valued at $60,673,000 after buying an additional 212,876 shares during the last quarter. Finally, Reflection Asset Management acquired a new position in Nordson in the 4th quarter valued at about $1,460,000. 72.11% of the stock is owned by institutional investors and hedge funds.

More Nordson News

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong Q3 beat and broad-based growth: Nordson reported adjusted earnings of $3.25 per share, above the $3.09 consensus and up from $2.73 a year earlier. Revenue reached $817.7 million, exceeding estimates of $779.5 million and increasing 10.3% year over year. Record sales across all segments, stronger orders and broad organic growth supported the results. NDSN Q3 Earnings Beat Estimates on Broad Organic Growth
• Positive Sentiment: Higher fiscal 2026 outlook: Management raised its outlook for the third time, forecasting fiscal 2026 sales of $3.035 billion to $3.075 billion and adjusted EPS of $11.80 to $12.00. Backlog reportedly increased 35%, reinforcing expectations for continued demand and earnings momentum. Nordson Forecasts Fiscal 2026 Sales and EPS
• Positive Sentiment: Analyst price-target increases: Oppenheimer raised its target from $335 to $370 and upgraded its view to “outperform.” Robert W. Baird lifted its target from $328 to $351 while maintaining a “neutral” rating. DA Davidson reaffirmed its “buy” rating with a $345 target. Analysts Boost Forecasts on Nordson
• Neutral Sentiment: New medical product: Nordson MEDICAL introduced its Divert ULTRA line of ultra-high-pressure stopcocks for demanding medical applications. The launch expands the product portfolio but was not accompanied by a specific financial impact. Nordson MEDICAL Introduces Divert ULTRA
• Negative Sentiment: Insider selling and valuation: Reported insider activity showed 46 sales and no purchases over the past six months, including sizable sales by senior executives. After the rally, Nordson trades at roughly 33.6 times earnings, leaving the stock vulnerable to profit-taking if growth or guidance momentum slows.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on NDSN shares. DA Davidson restated a “buy” rating and set a $345.00 price objective on shares of Nordson in a research report on Thursday. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. KeyCorp reiterated a “buy” rating on shares of Nordson in a research note on Thursday. Robert W. Baird lifted their price target on Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a report on Friday. Finally, BNP Paribas Exane boosted their price target on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $326.57.

Nordson Stock Performance

NASDAQ NDSN opened at $332.24 on Friday. The firm’s 50 day simple moving average is $298.83 and its 200 day simple moving average is $287.07. The firm has a market capitalization of $18.51 billion, a price-to-earnings ratio of 33.59, a P/E/G ratio of 2.15 and a beta of 0.96. The company has a current ratio of 1.82, a quick ratio of 1.65 and a debt-to-equity ratio of 0.47. Nordson Corporation has a 1 year low of $220.06 and a 1 year high of $338.55.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.16. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The firm had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. During the same quarter in the prior year, the business earned $2.73 earnings per share. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, research analysts expect that Nordson Corporation will post 11.8 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is presently 33.16%.

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.