Jackson Creek Investment Advisors LLC Acquires New Holdings in Nordson Corporation $NDSN

Key Points

• Jackson Creek Investment Advisors opened a new position in Nordson during the fourth quarter, buying 5,930 shares valued at about $1.43 million.
• Nordson recently reported better-than-expected quarterly results, with EPS of $2.86 and revenue of $740.85 million, both above analyst estimates. The company also raised guidance for Q3 2026 and FY 2026.
• Analyst sentiment remains generally positive, with a Moderate Buy consensus and an average price target of $309.86, even after some mixed rating changes from individual firms.

Jackson Creek Investment Advisors LLC acquired a new stake in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,930 shares of the industrial products company's stock, valued at approximately $1,426,000.

A number of other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Nordson by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company's stock valued at $1,504,515,000 after buying an additional 186,480 shares during the period. State Street Corp boosted its holdings in shares of Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company's stock valued at $636,375,000 after buying an additional 133,229 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Nordson by 110.0% in the third quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company's stock valued at $163,093,000 after buying an additional 376,395 shares during the period. Millennium Management LLC boosted its holdings in shares of Nordson by 61.9% in the third quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company's stock valued at $134,442,000 after buying an additional 226,514 shares during the period. Finally, M&T Bank Corp boosted its holdings in shares of Nordson by 10,127.9% in the fourth quarter. M&T Bank Corp now owns 586,877 shares of the industrial products company's stock valued at $141,103,000 after buying an additional 581,139 shares during the period. Institutional investors and hedge funds own 72.11% of the company's stock.

Nordson Stock Performance

Shares of NDSN stock opened at $288.74 on Thursday. The company's fifty day simple moving average is $276.22 and its 200-day simple moving average is $265.63. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. The firm has a market cap of $16.09 billion, a PE ratio of 30.78, a P/E/G ratio of 1.93 and a beta of 0.99. Nordson Corporation has a 12 month low of $195.29 and a 12 month high of $305.28.

Nordson (NASDAQ:NDSN - Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping analysts' consensus estimates of $2.82 by $0.04. The business had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.42 earnings per share. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Equities research analysts expect that Nordson Corporation will post 11.48 EPS for the current fiscal year.

Nordson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, March 19th. Nordson's payout ratio is currently 34.97%.

Insider Buying and Selling at Nordson

In other Nordson news, EVP Srinivas Subramanian sold 3,100 shares of the company's stock in a transaction 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 of the company's stock, valued at approximately $1,793,960. This represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the company's stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total transaction of $197,487.12. Following the sale, the executive vice president directly owned 1,515 shares in the company, valued at $417,867.30. This trade represents a 32.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.84% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on NDSN. KeyCorp upped their price target on shares of Nordson from $295.00 to $325.00 and gave the company an "overweight" rating in a report on Thursday, February 19th. Wall Street Zen cut shares of Nordson from a "buy" rating to a "hold" rating in a report on Saturday, May 2nd. Oppenheimer upped their price target on shares of Nordson from $285.00 to $325.00 and gave the company an "outperform" rating in a report on Tuesday, February 24th. DA Davidson boosted their price objective on shares of Nordson from $335.00 to $345.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, BNP Paribas Exane boosted their price objective on shares of Nordson from $285.00 to $290.00 and gave the stock a "neutral" rating in a research report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Nordson presently has a consensus rating of "Moderate Buy" and an average target price of $309.86.

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.

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