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Merit Financial Group LLC Purchases Shares of 4,387 Nordson Corporation $NDSN

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Key Points

  • Merit Financial Group LLC purchased a new stake of 4,387 shares in Nordson Corporation (NDSN) during Q4, valued at approximately $1.055 million.
  • Nordson beat Q4 expectations with $2.37 EPS (vs. $2.36) and $669.46M revenue (vs. $652.68M), set FY2026 guidance of 11.000–11.600 EPS and Q2 guidance of 2.700–2.900, while analysts view the stock as a "Moderate Buy" with an average price target around $311.50.
  • There has been notable insider selling: CEO Sundaram Nagarajan sold 41,800 shares for about $12.26 million, and insiders have sold 77,393 shares totaling roughly $22.55 million over the past 90 days.
  • MarketBeat previews top five stocks to own in May.

Merit Financial Group LLC purchased a new stake in Nordson Corporation (NASDAQ:NDSN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,387 shares of the industrial products company's stock, valued at approximately $1,055,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Roman Butler Fullerton & Co. increased its stake in Nordson by 4.2% in the fourth quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company's stock valued at $228,000 after purchasing an additional 38 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Nordson by 12.0% during the third quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company's stock worth $98,000 after acquiring an additional 46 shares in the last quarter. Argent Trust Co increased its position in shares of Nordson by 3.6% during the third quarter. Argent Trust Co now owns 1,325 shares of the industrial products company's stock worth $301,000 after acquiring an additional 46 shares in the last quarter. Norden Group LLC increased its position in shares of Nordson by 4.4% during the fourth quarter. Norden Group LLC now owns 1,199 shares of the industrial products company's stock worth $288,000 after acquiring an additional 50 shares in the last quarter. Finally, World Investment Advisors increased its position in shares of Nordson by 5.5% during the third quarter. World Investment Advisors now owns 984 shares of the industrial products company's stock worth $223,000 after acquiring an additional 51 shares in the last quarter. 72.11% of the stock is owned by institutional investors.

Nordson Stock Down 0.5%

NDSN opened at $282.36 on Friday. The company has a quick ratio of 1.74, a current ratio of 2.72 and a debt-to-equity ratio of 0.63. The stock has a market cap of $15.75 billion, a price-to-earnings ratio of 30.49, a PEG ratio of 1.91 and a beta of 1.01. Nordson Corporation has a twelve month low of $184.58 and a twelve month high of $305.28. The company's 50-day moving average price is $277.15 and its two-hundred day moving average price is $257.95.

Nordson (NASDAQ:NDSN - Get Free Report) last released its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, beating analysts' consensus estimates of $2.36 by $0.01. The firm had revenue of $669.46 million for 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 company's quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.06 earnings per share. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, equities analysts expect that Nordson Corporation will post 11.41 earnings per share for the current year.

Nordson Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Oppenheimer boosted their target price on shares of Nordson from $285.00 to $325.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 24th. KeyCorp upped their price objective on shares of Nordson from $295.00 to $325.00 and gave the stock an "overweight" rating in a research report on Thursday, February 19th. Wall Street Zen raised shares of Nordson from a "hold" rating to a "buy" rating in a research report on Saturday, February 21st. DA Davidson set a $335.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a $300.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Four 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, the company has a consensus rating of "Moderate Buy" and an average price target of $311.50.

Get Our Latest Research Report on Nordson

Insider Buying and Selling at Nordson

In related news, EVP Justin E. Hall sold 716 shares of the company's stock in a transaction that occurred on Wednesday, April 8th. The shares were 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 approximately $417,867.30. This represents a 32.09% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sundaram Nagarajan sold 41,800 shares of the company's stock in a transaction that occurred on Tuesday, February 24th. The shares were 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 $19,010,286.24. The trade was a 39.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 77,393 shares of company stock valued at $22,549,703. 0.84% of the stock is owned by corporate insiders.

Nordson Profile

(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.

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Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

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