JPMorgan Chase & Co. significantly increased its stake in Nordson Corporation (NASDAQ:NDSN) by 110% during the third quarter, purchasing an additional 376,395 shares to bring its total holdings to 718,616 shares, valued at approximately $163.1 million. This increase occurred amidst Nordson reporting record Q1 results with revenue of $669 million and EPS of $2.37, leading management to raise FY2026 EPS guidance. Analyst sentiment on NDSN is mixed, with a consensus “Hold” rating, an average price target of $276.14, and the stock currently trading near $290.
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JPMorgan Chase & Co. Acquires 376,395 Shares of Nordson Corporation $NDSN
JPMorgan Chase & Co. significantly increased its stake in Nordson Corporation (NASDAQ:NDSN) by 110% during the third quarter, purchasing an additional 376,395 shares to bring its total holdings to 718,616 shares, valued at approximately $163.1 million. This increase occurred amidst Nordson reporting record Q1 results with revenue of $669 million and EPS of $2.37, leading management to raise FY2026 EPS guidance. Analyst sentiment on NDSN is mixed, with a consensus “Hold” rating, an average price target of $276.14, and the stock currently trading near $290.