BlackRock Amends Nordson Corp. Stake, Filing SC 13G/A
Ticker: NDSN · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 72331
| Field | Detail |
|---|---|
| Company | Nordson Corp (NDSN) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock just updated its Nordson Corp. stake, showing its latest position as of year-end 2023.**
AI Summary
BlackRock, Inc. filed an amended SC 13G/A on January 26, 2024, indicating its ownership of Nordson Corp. common stock as of December 31, 2023. This filing, Amendment No. 11, updates their previous disclosures regarding their stake in Nordson Corp. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal their confidence (or lack thereof) in the company's future prospects, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership in Nordson Corp., providing transparency on a significant institutional investor's position, which can influence market perception and stock price.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor, not indicating any immediate high-risk event.
Analyst Insight
Smart investors should note BlackRock's continued presence as a major shareholder, but this routine amendment doesn't signal an immediate buy or sell action; it's more for portfolio tracking and understanding institutional interest.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person filing the SC 13G/A
- NORDSON CORP (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 26, 2024 (date) — the filing date of the SC 13G/A
- Amendment No: 11 (number) — the specific amendment number for this filing
Forward-Looking Statements
- BlackRock will continue to be a significant institutional holder of Nordson Corp. common stock. (BlackRock, Inc.) — high confidence, target: Q4 2024
- Nordson Corp.'s stock price will not experience significant volatility directly due to this routine filing. (NORDSON CORP) — high confidence, target: Q1 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 11' in the filing.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' in the filing.
What is the subject company of this filing?
The subject company is NORDSON CORP, as clearly identified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NORDSON CORP'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified in the document: 'December 31, 2023 (Date of Event Which Requires Filing of this Statement)'.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of Nordson Corp. is 655663102, as listed under 'CUSIP No. 655663102' and '655663102 (CUSIP Number)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding NORDSON CORP (NDSN).