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77,819 Shares in Nordson Corporation $NDSN Acquired by Danske Bank A S

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Key Points

  • Danske Bank acquired 77,819 Nordson shares during the second quarter, a position valued at approximately $23.5 million and representing 0.14% of the company. Institutional investors collectively own 72.11% of Nordson.
  • Nordson reported a strong fiscal third quarter, with adjusted EPS of $3.25 and revenue of $817.7 million, beating analyst estimates and increasing 10.3% year over year. Organic sales rose about 12%, while backlog increased 35%.
  • The company raised its fiscal 2026 adjusted EPS guidance to $11.80–$12.00, supporting a “Moderate Buy” consensus analyst rating. Nordson shares opened at $309.92, up 1.9%, while the company maintains a quarterly dividend of $0.82 per share.
  • MarketBeat previews the top five stocks to own by September 1st.

Danske Bank A S bought a new position in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 77,819 shares of the industrial products company's stock, valued at approximately $23,477,000. Danske Bank A S owned 0.14% of Nordson as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of NDSN. Clearstead Trust LLC bought a new stake in shares of Nordson during the second quarter worth $25,000. Private Trust Co. NA raised its holdings in shares of Nordson by 70.8% during the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company's stock worth $30,000 after acquiring an additional 51 shares during the period. CYBER HORNET ETFs LLC bought a new stake in Nordson in the 2nd quarter valued at $31,000. N.E.W. Advisory Services LLC bought a new stake in Nordson in the 2nd quarter valued at $33,000. Finally, MUFG Securities EMEA plc acquired a new position in Nordson in the 2nd quarter worth $34,000. Institutional investors own 72.11% of the company's stock.

Trending Headlines about Nordson

Here are the key news stories impacting Nordson this week:

  • Positive Sentiment: Strong quarterly beat: Adjusted earnings per share were $3.25, exceeding the $3.09 consensus estimate and rising from $2.73 a year earlier. Revenue reached a record $817.7 million, ahead of the $779.5 million analyst forecast and up approximately 10% year over year. Nordson Q3 Earnings and Revenue Estimates
  • Positive Sentiment: Broad-based demand growth: Organic sales increased about 12%, with growth across all segments. Advanced Technology Solutions was particularly strong, with sales up 28%, while backlog increased 35% from the prior year. Nordson Record Third Quarter Results
  • Positive Sentiment: Higher full-year guidance: Nordson now expects fiscal 2026 adjusted EPS of $11.80 to $12.00, above the $11.59 consensus estimate, and revenue of approximately $3.035 billion to $3.075 billion. The updated EPS range is also above the company’s previous outlook. Nordson Raises 2026 Guidance
  • Positive Sentiment: Analyst support: D.A. Davidson reiterated its Buy rating and $345 price target following the results. The target is above the recent trading level and consistent with the positive earnings reaction. Nordson Analyst Rating
  • Neutral Sentiment: Mixed institutional activity: Recent filings showed 378 institutions adding shares compared with 343 reducing positions, indicating generally constructive but not uniformly positive sentiment.
  • Negative Sentiment: Insider selling: Company insiders reported 46 open-market sales and no purchases over the past six months, including substantial sales by the CEO and executive vice presidents. This may weigh on sentiment, although it did not offset the strong operating results.

Nordson Stock Up 1.9%

Nordson stock opened at $309.92 on Thursday. The company has a market cap of $17.27 billion, a P/E ratio of 33.04, a price-to-earnings-growth ratio of 2.02 and a beta of 0.96. Nordson Corporation has a 1-year low of $213.23 and a 1-year high of $315.68. The company has a fifty day simple moving average of $296.97 and a 200 day simple moving average of $286.33. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58.

Nordson (NASDAQ:NDSN - Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.16. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. During the same period in the previous year, the business earned $2.73 EPS. The company's revenue was up 10.3% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Research analysts anticipate that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were given a $0.82 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. Nordson's payout ratio is currently 34.97%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Oppenheimer increased their target price on Nordson from $325.00 to $335.00 and gave the stock an "outperform" rating in a report on Friday, May 29th. DA Davidson boosted their price target on Nordson from $335.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, May 27th. Wall Street Zen cut Nordson from a "buy" rating to a "hold" rating in a research report on Saturday, June 27th. Weiss Ratings upgraded Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, June 29th. Finally, BNP Paribas Exane lifted their target price on Nordson from $285.00 to $290.00 and gave the company a "neutral" rating in a research report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $311.29.

Get Our Latest Stock Analysis on Nordson

About Nordson

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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