Danske Bank A S Reduces Position in Nordson Corporation $NDSN

Key Points

• Danske Bank trimmed its stake in Nordson by 8.3% in Q4, selling 8,673 shares to hold 96,433 shares (about 0.17% of the company) valued at $23.19 million.
• Insider selling was significant last quarter—corporate insiders sold 77,393 shares worth $22.55 million, including CEO Sundaram Nagarajan's sale of 41,800 shares (~$12.26M) and EVP Srinivas Subramanian's sale of 3,100 shares (~$868k).
• Analysts have a consensus rating of Moderate Buy with an average target of $311.50 after several price-target bumps, and Nordson beat quarterly EPS and revenue while setting FY2026 guidance of 11.00–11.60 EPS (Q2 guidance 2.70–2.90 EPS).

Danske Bank A S lessened its holdings in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) by 8.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,433 shares of the industrial products company's stock after selling 8,673 shares during the period. Danske Bank A S owned 0.17% of Nordson worth $23,185,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Roman Butler Fullerton & Co. grew its stake in Nordson by 4.2% during the 4th quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company's stock valued at $228,000 after acquiring an additional 38 shares in the last quarter. Bessemer Group Inc. grew its stake in Nordson by 12.0% during the 3rd quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company's stock valued at $98,000 after acquiring an additional 46 shares in the last quarter. Argent Trust Co grew its stake in Nordson by 3.6% during the 3rd quarter. Argent Trust Co now owns 1,325 shares of the industrial products company's stock valued at $301,000 after acquiring an additional 46 shares in the last quarter. Norden Group LLC grew its stake in Nordson by 4.4% during the 4th quarter. Norden Group LLC now owns 1,199 shares of the industrial products company's stock valued at $288,000 after acquiring an additional 50 shares in the last quarter. Finally, Private Trust Co. NA grew its stake in Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company's stock valued at $30,000 after acquiring an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 72.11% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on NDSN. KeyCorp upped their price objective on shares of Nordson from $295.00 to $325.00 and gave the company an "overweight" rating in a research note on Thursday, February 19th. Robert W. Baird upped their price objective on shares of Nordson from $278.00 to $314.00 and gave the company a "neutral" rating in a research note on Friday, February 20th. Weiss Ratings reissued a "hold (c+)" rating on shares of Nordson in a research note on Friday, March 27th. DA Davidson set a $335.00 price target on shares of Nordson in a research note on Monday, February 23rd. Finally, Jefferies Financial Group reissued a "hold" rating and issued a $300.00 price target on shares of Nordson in a research note on Monday, February 23rd. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $311.50.

Insider Buying and Selling at Nordson

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

Nordson Stock Performance

NASDAQ:NDSN opened at $283.20 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72. The stock has a market capitalization of $15.80 billion, a P/E ratio of 30.58, a PEG ratio of 1.91 and a beta of 0.99. The company has a 50 day moving average price of $276.07 and a 200 day moving average price of $259.59. Nordson Corporation has a fifty-two week low of $187.89 and a fifty-two week high of $305.28.

Nordson (NASDAQ:NDSN - Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, topping analysts' consensus estimates of $2.36 by $0.01. The firm had revenue of $669.46 million during the quarter, compared to analysts' expectations of $652.68 million. Nordson had a net margin of 18.39% and a return on equity of 19.73%. The firm's quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the company posted $2.06 EPS. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. Equities research analysts forecast that Nordson Corporation will post 11.41 EPS for the current year.

Nordson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th were issued 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 dividend payout ratio is 35.42%.

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.

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.