Swiss National Bank Sells 8,600 Shares of Nordson Corporation $NDSN

Key Points

• Swiss National Bank trimmed its Nordson stake by 5.3% in Q3, selling 8,600 shares and leaving 154,700 shares worth about $35.1 million.
• Company insiders have been net sellers—CEO Sundaram Nagarajan sold 41,800 shares and the EVP sold 23,052, with insiders offloading 73,577 shares (~$21.5M) over the past 90 days.
• Nordson slightly beat quarterly estimates (EPS $2.37 vs. $2.36), reported revenue up 8.8% year-over-year, and issued FY2026 guidance of $11.00–$11.60 EPS.

Swiss National Bank trimmed its holdings in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) by 5.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 154,700 shares of the industrial products company's stock after selling 8,600 shares during the period. Swiss National Bank owned 0.28% of Nordson worth $35,109,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Nordson by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 6,200,937 shares of the industrial products company's stock worth $1,329,295,000 after acquiring an additional 22,090 shares during the period. State Street Corp raised its position in shares of Nordson by 4.7% during the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company's stock valued at $636,375,000 after acquiring an additional 133,229 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Nordson by 4.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,068,214 shares of the industrial products company's stock valued at $228,993,000 after purchasing an additional 48,556 shares during the period. Champlain Investment Partners LLC lifted its stake in shares of Nordson by 2.4% in the 2nd quarter. Champlain Investment Partners LLC now owns 816,115 shares of the industrial products company's stock valued at $174,951,000 after purchasing an additional 19,195 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Nordson by 110.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company's stock worth $163,093,000 after purchasing an additional 376,395 shares during the last quarter. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on NDSN shares. Jefferies Financial Group reiterated a "hold" rating and issued a $300.00 price objective on shares of Nordson in a report on Monday, February 23rd. Vertical Research upgraded Nordson from a "hold" rating to a "buy" rating and set a $270.00 target price on the stock in a report on Monday, December 15th. Wall Street Zen upgraded Nordson from a "hold" rating to a "buy" rating in a research report on Saturday, February 21st. KeyCorp increased their price target on shares of Nordson from $295.00 to $325.00 and gave the company an "overweight" rating in a research report on Thursday, February 19th. Finally, Oppenheimer lifted their price objective on shares of Nordson from $285.00 to $325.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 24th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $311.50.

Insiders Place Their Bets

In other news, CEO Sundaram Nagarajan sold 41,800 shares of the company's stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 64,824 shares of the company's stock, valued at $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Joseph P. Kelley sold 23,052 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $289.31, for a total value of $6,669,174.12. Following the transaction, the executive vice president owned 7,559 shares of the company's stock, valued at approximately $2,186,894.29. The trade was a 75.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 73,577 shares of company stock valued at $21,484,216. Company insiders own 0.84% of the company's stock.

Nordson Stock Down 0.5%

Shares of NASDAQ:NDSN traded down $1.37 during trading on Friday, hitting $266.33. 47,281 shares of the company's stock traded hands, compared to its average volume of 422,230. The company has a current ratio of 2.72, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. The company has a 50-day moving average price of $278.06 and a 200-day moving average price of $248.18. Nordson Corporation has a 52 week low of $165.03 and a 52 week high of $305.28. The company has a market cap of $14.86 billion, a price-to-earnings ratio of 28.73, a price-to-earnings-growth ratio of 1.85 and a beta of 0.98.

Nordson (NASDAQ:NDSN - Get Free Report) last posted its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (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 business had revenue of $669.46 million during the quarter, compared to analysts' expectations of $652.68 million. During the same period in the prior year, the business earned $2.06 EPS. Nordson's revenue for the quarter was up 8.8% compared to the same quarter last year. 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, research analysts forecast that Nordson Corporation will post 10.2 EPS for the current fiscal year.

Nordson Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Thursday, March 19th will be paid a $0.82 dividend. The ex-dividend date of this dividend is 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 presently 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.

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