BlackRock Inc. Purchases New Shares in Nordson Corporation $NDSN

Key Points

• BlackRock acquired 4.14 million Nordson shares worth approximately $1.25 billion, giving it a 7.43% stake. Institutional investors collectively own 72.11% of the company.
• Nordson reported record fiscal third-quarter sales of $817.7 million, up 10.3% year over year, while adjusted EPS of $3.25 exceeded estimates. The company also raised fiscal 2026 guidance to $3.035–$3.075 billion in sales and $11.80–$12.00 in adjusted EPS.
• Shares recently traded near a 52-week high, and analysts maintain a “Moderate Buy” consensus with an average price target of $316.29. However, reported insider activity has been limited to selling over the past six months, creating a potential sentiment concern.

BlackRock Inc. bought a new position in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,138,179 shares of the industrial products company's stock, valued at approximately $1,248,447,000. BlackRock Inc. owned about 7.43% of Nordson at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Deutsche Bank AG bought a new stake in shares of Nordson in the second quarter worth $89,393,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Nordson during the 2nd quarter worth $43,226,000. OneDigital Investment Advisors LLC acquired a new position in Nordson during the 2nd quarter worth about $509,000. Roman Butler Fullerton & Co. bought a new stake in shares of Nordson in the 2nd quarter valued at about $238,000. Finally, Simplicity Wealth LLC acquired a new stake in shares of Nordson in the second quarter valued at about $353,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Nordson

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Record quarterly performance: Fiscal Q3 sales reached a record $817.7 million, up approximately 10% year over year, while adjusted EPS of $3.25 exceeded the $3.09 consensus estimate. Organic sales increased about 12%, with growth across all operating segments. Nordson Q3 earnings beat
• Positive Sentiment: Higher fiscal 2026 guidance: Nordson now expects sales of $3.035 billion to $3.075 billion and adjusted EPS of $11.80 to $12.00, above the roughly $11.59 analyst consensus. The company’s backlog rose 35% from the prior year, supporting expectations for continued growth. Nordson fiscal 2026 outlook
• Positive Sentiment: Strongest segment growth came from Advanced Technology Solutions, where sales rose 28% to $220 million. Industrial Precision Solutions and Medical and Fluid Solutions each grew 5%, indicating that momentum was not limited to one end market. Nordson record Q3 results
• Positive Sentiment: D.A. Davidson reaffirmed its Buy rating and maintained a $345 price target, reinforcing analyst support following the earnings beat and guidance increase. D.A. Davidson Nordson rating
• Neutral Sentiment: Nordson Medical introduced its Divert ULTRA high-pressure stopcock line. The product launch expands the company’s medical offering, although its near-term financial impact was not disclosed. Nordson Medical product launch
• Negative Sentiment: Reported insider activity has been entirely selling over the past six months, including sales by the CEO and other executives. These transactions may reflect diversification or compensation, but they represent a potential sentiment overhang for investors.

Nordson Trading Up 8.0%

NASDAQ:NDSN opened at $334.70 on Friday. Nordson Corporation has a 1 year low of $219.60 and a 1 year high of $336.70. The stock's fifty day moving average price is $297.95 and its two-hundred day moving average price is $286.75. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. The company has a market cap of $18.65 billion, a P/E ratio of 33.84, a P/E/G ratio of 2.06 and a beta of 0.96.

Nordson (NASDAQ:NDSN - Get Free Report) last posted its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating analysts' consensus estimates of $3.09 by $0.16. Nordson had a return on equity of 20.74% and a net margin of 18.63%.The business had revenue of $817.67 million during the quarter, compared to analyst estimates of $779.49 million. During the same quarter in the previous year, the firm earned $2.73 EPS. The company's quarterly 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. As a group, analysts expect that Nordson Corporation will post 11.59 EPS for the current year.

Nordson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, June 18th. Nordson's payout ratio is presently 34.97%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NDSN. Oppenheimer raised their price objective on Nordson from $325.00 to $335.00 and gave the stock an "outperform" rating in a research report on Friday, May 29th. DA Davidson reissued a "buy" rating and set a $345.00 target price on shares of Nordson in a research report on Thursday. BNP Paribas Exane raised their price target on shares of Nordson from $285.00 to $290.00 and gave the stock a "neutral" rating in a report on Friday, May 22nd. Weiss Ratings upgraded shares of Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, June 29th. Finally, Wall Street Zen lowered shares of Nordson from a "buy" rating to a "hold" rating in a research note on Saturday, June 27th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $316.29.

About Nordson

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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