Nordson Corporation $NDSN Stock Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management cut its Nordson position by 19.2% in the third quarter, selling 22,542 shares and retaining 94,876 shares worth approximately $31.1 million. Institutional investors and hedge funds collectively own 72.11% of Nordson.
• Nordson reported quarterly earnings of $3.25 per share, beating estimates of $3.09, while revenue rose 10.3% year over year to $817.67 million. The company set fiscal 2026 EPS guidance at $11.80–$12.00.
• Analysts maintain a generally positive view, with five Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $326.57. Nordson also increased its quarterly dividend to $0.94, equal to an annualized $3.76 and a 1.2% yield.

Robeco Institutional Asset Management B.V. cut its position in Nordson Corporation (NASDAQ:NDSN - Free Report) by 19.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 94,876 shares of the industrial products company's stock after selling 22,542 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.17% of Nordson worth $31,105,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Diversify Advisory Services LLC grew its holdings in Nordson by 15.8% in the 3rd quarter. Diversify Advisory Services LLC now owns 1,097 shares of the industrial products company's stock worth $361,000 after buying an additional 150 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Nordson by 3.6% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,364 shares of the industrial products company's stock valued at $5,037,000 after acquiring an additional 530 shares in the last quarter. CWA Asset Management Group LLC boosted its position in Nordson by 8.3% during the 3rd quarter. CWA Asset Management Group LLC now owns 11,869 shares of the industrial products company's stock worth $3,891,000 after acquiring an additional 905 shares during the period. Novem Group boosted its position in Nordson by 2.3% during the 3rd quarter. Novem Group now owns 4,051 shares of the industrial products company's stock worth $1,328,000 after acquiring an additional 92 shares during the period. Finally, USA Financial Formulas bought a new position in shares of Nordson in the third quarter worth $690,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Nordson

In related news, CAO Joseph M. Rutledge sold 684 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $309.38, for a total transaction of $211,615.92. Following the completion of the sale, the chief accounting officer directly owned 2,134 shares of the company's stock, valued at $660,216.92. This represents a 24.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jennifer L. Mcdonough sold 260 shares of the firm's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $336.00, for a total transaction of $87,360.00. Following the sale, the executive vice president owned 6,346 shares of the company's stock, valued at $2,132,256. The trade was a 3.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,273 shares of company stock valued at $743,247 in the last quarter. Insiders own 0.84% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on NDSN. Weiss Ratings raised Nordson from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, September 2nd. KeyCorp reaffirmed a "buy" rating on shares of Nordson in a report on Thursday, August 20th. DA Davidson reiterated a "buy" rating and issued a $345.00 target price on shares of Nordson in a research report on Thursday, August 20th. Oppenheimer raised their target price on shares of Nordson from $335.00 to $370.00 and gave the company an "outperform" rating in a research note on Friday, August 21st. Finally, Robert W. Baird boosted their price target on shares of Nordson from $328.00 to $351.00 and gave the stock a "neutral" rating in a research report on Friday, August 21st. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Nordson has an average rating of "Moderate Buy" and a consensus price target of $326.57.

Nordson Stock Performance

NDSN opened at $318.71 on Friday. The business has a 50 day moving average price of $322.32 and a two-hundred day moving average price of $300.55. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.82 and a quick ratio of 1.18. The company has a market capitalization of $17.75 billion, a price-to-earnings ratio of 32.23, a price-to-earnings-growth ratio of 2.15 and a beta of 0.99. Nordson Corporation has a 1-year low of $223.29 and a 1-year high of $339.12.

Nordson (NASDAQ:NDSN - Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, topping analysts' consensus estimates of $3.09 by $0.16. The company had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%. The company's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Research analysts predict that Nordson Corporation will post 11.86 EPS for the current fiscal year.

Nordson Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th were paid a $0.94 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $3.76 annualized dividend and a dividend yield of 1.2%. This is an increase from Nordson's previous quarterly dividend of $0.82. Nordson's dividend payout ratio is presently 38.02%.

About Nordson

Nordson Corporation NASDAQ: NDSN is a global manufacturer of precision dispensing, fluid management, and inspection equipment. The company develops systems used to apply adhesives, coatings, sealants, polymers, and other materials with controlled precision in manufacturing and production processes.

Nordson's products include hot-melt and liquid adhesive dispensing systems, industrial coating equipment, pumps, valves, tubing, and related components. It also provides equipment and technologies for testing, inspection, and the management of fluids and materials.

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