27,524 Shares in Nordson Corporation $NDSN Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new position in Nordson Corporation (NASDAQ:NDSN - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 27,524 shares of the industrial products company's stock, valued at approximately $8,304,000.

Other large investors also recently bought and sold shares of the company. Clearstead Trust LLC acquired a new position in shares of Nordson during the second quarter worth $25,000. Keating Financial Advisory Services Inc. acquired a new stake in Nordson during the 2nd quarter valued at $30,000. CYBER HORNET ETFs LLC purchased a new stake in Nordson during the 2nd quarter worth $31,000. N.E.W. Advisory Services LLC purchased a new stake in Nordson during the 2nd quarter worth $33,000. Finally, MUFG Securities EMEA plc acquired a new position in Nordson in the 2nd quarter worth $34,000. Institutional investors and hedge funds own 72.11% of the company's stock.

More Nordson News

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Nordson declared a quarterly dividend of $0.94 per share, payable October 2 to shareholders of record September 10. The payout is 14.6% higher than the previous $0.82 dividend, signaling management’s confidence in cash-flow generation and enhancing the stock’s appeal to income-focused investors. Nordson raises dividend by 14.6% to $0.94
• Positive Sentiment: Recent momentum reflects Nordson’s solid operating performance. The company’s latest quarter exceeded earnings and revenue expectations, with EPS of $3.25 versus $3.09 expected and revenue growth of 10.3% year over year. Analysts remain constructive, including an Oppenheimer price-target increase to $370 and a consensus rating of “Moderate Buy.” What Makes Nordson a Strong Momentum Stock
• Neutral Sentiment: NDSN recently set a new 12-month high, highlighting strong momentum but also increasing the possibility of profit-taking after a substantial advance. Nordson Sets New 12-Month High
• Negative Sentiment: Two Nordson executives reported stock sales. EVP Daniel Roy Hopgood sold 1,329 shares worth approximately $444,000, reducing his holdings by 21.83%; EVP Jennifer McDonough sold 260 shares worth about $87,000. These transactions may weigh on sentiment, particularly with the stock near its recent high, although insider sales do not necessarily indicate deteriorating business fundamentals. Nordson Insider Selling

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. BNP Paribas Exane raised their target price on Nordson from $285.00 to $290.00 and gave the company a "neutral" rating in a research note on Friday, May 22nd. KeyCorp restated a "buy" rating on shares of Nordson in a research note on Thursday, August 20th. Oppenheimer lifted their price objective on Nordson from $335.00 to $370.00 and gave the stock an "outperform" rating in a report on Friday, August 21st. Weiss Ratings upgraded Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, June 29th. Finally, DA Davidson reissued a "buy" rating and set a $345.00 price target on shares of Nordson in a research report on Thursday, August 20th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $326.57.

Nordson Price Performance

NASDAQ:NDSN opened at $324.59 on Monday. The company has a current ratio of 1.82, a quick ratio of 1.18 and a debt-to-equity ratio of 0.47. The stock has a 50 day moving average of $302.64 and a 200-day moving average of $288.76. The firm has a market capitalization of $18.08 billion, a PE ratio of 32.82, a price-to-earnings-growth ratio of 2.11 and a beta of 0.96. Nordson Corporation has a 52 week low of $220.06 and a 52 week high of $339.12.

Nordson (NASDAQ:NDSN - Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The business had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. During the same quarter last year, the business posted $2.73 EPS. The business's revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Analysts predict that Nordson Corporation will post 11.83 EPS for the current year.

Nordson Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 1.2%. This is a positive change from Nordson's previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, September 10th. Nordson's dividend payout ratio is presently 33.16%.

Insider Buying and Selling at Nordson

In other Nordson news, EVP Jennifer L. Mcdonough sold 260 shares of Nordson stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $336.00, for a total transaction of $87,360.00. Following the sale, the executive vice president owned 6,346 shares of the company's stock, valued at $2,132,256. The trade was a 3.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Daniel Roy Hopgood sold 1,329 shares of the business's stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total value of $444,271.41. Following the transaction, the executive vice president owned 4,758 shares of the company's stock, valued at $1,590,551.82. This trade represents a 21.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.84% of the company's stock.

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.

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