Concurrent Investment Advisors LLC Invests $918,000 in Nordson Corporation $NDSN

Key Points

• Concurrent Investment Advisors LLC initiated a new position in Nordson, purchasing 3,819 shares valued at about $918,000 in the fourth quarter.
• Insider selling has been significant: CEO Sundaram Nagarajan sold 41,800 shares for roughly $12.26 million, and insiders sold 77,393 shares totaling $22.55 million in the last 90 days, leaving insiders with 0.84% ownership.
• Nordson modestly beat quarterly EPS expectations ($2.37 vs. $2.36) with revenue up 8.8% to $669.46 million, provided FY2026 guidance of $11.00–$11.60 EPS, pays a $0.82 quarterly dividend (1.2% yield), and carries a consensus analyst rating of "Moderate Buy" with a $311.50 target.

Concurrent Investment Advisors LLC bought a new position in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,819 shares of the industrial products company's stock, valued at approximately $918,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NDSN. Private Trust Co. NA boosted 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 purchasing an additional 51 shares during the period. Quent Capital LLC bought a new stake in shares of Nordson during the third quarter valued at approximately $32,000. CYBER HORNET ETFs LLC purchased a new position in shares of Nordson in the second quarter worth $31,000. Root Financial Partners LLC bought a new position in shares of Nordson during the third quarter worth $36,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Nordson during the second quarter worth $34,000. Institutional investors own 72.11% of the company's stock.

Insider Activity

In other news, CEO Sundaram Nagarajan sold 41,800 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $293.26, for a total value of $12,258,268.00. Following the sale, the chief executive officer owned 64,824 shares of the company's stock, valued at approximately $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Srinivas Subramanian sold 3,100 shares of Nordson stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $280.00, for a total transaction of $868,000.00. Following the transaction, the executive vice president directly owned 6,407 shares of the company's stock, valued at approximately $1,793,960. This represents a 32.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 77,393 shares of company stock worth $22,549,703. Insiders own 0.84% of the company's stock.

Nordson Trading Down 1.8%

Shares of NDSN stock opened at $283.20 on Friday. The company has a market cap of $15.80 billion, a PE ratio of 30.58, a price-to-earnings-growth ratio of 1.94 and a beta of 0.99. Nordson Corporation has a 1 year low of $187.89 and a 1 year high of $305.28. The stock's 50 day simple moving average is $276.07 and its two-hundred day simple moving average is $259.39. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74.

Nordson (NASDAQ:NDSN - Get Free Report) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The firm had revenue of $669.46 million during the quarter, compared to analysts' expectations of $652.68 million. During the same quarter in the previous year, the business earned $2.06 EPS. The company's quarterly revenue 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. Research analysts predict that Nordson Corporation will post 11.41 earnings per share for the current year.

Nordson Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Wall Street Zen downgraded shares of Nordson from a "buy" rating to a "hold" rating in a report on Saturday. Weiss Ratings reissued a "hold (c+)" rating on shares of Nordson in a report on Friday, March 27th. Oppenheimer raised their price objective on Nordson from $285.00 to $325.00 and gave the company an "outperform" rating in a research report on Tuesday, February 24th. Jefferies Financial Group reiterated a "hold" rating and issued a $300.00 target price on shares of Nordson in a research report on Monday, February 23rd. Finally, Robert W. Baird increased their price target on Nordson from $278.00 to $314.00 and gave the company a "neutral" rating in a research note on Friday, February 20th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $311.50.

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.

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.