USA Financial Formulas Boosts Stock Position in Nordson Corporation $NDSN

USA Financial Formulas raised its holdings in shares of Nordson Corporation (NASDAQ:NDSNFree Report) by 538.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,750 shares of the industrial products company’s stock after purchasing an additional 2,319 shares during the period. USA Financial Formulas’ holdings in Nordson were worth $732,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Trust Co. NA boosted its position in Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Nordson in the 2nd quarter worth approximately $31,000. MUFG Securities EMEA plc purchased a new position in shares of Nordson in the 2nd quarter valued at approximately $34,000. Hantz Financial Services Inc. lifted its stake in shares of Nordson by 43.4% in the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 46 shares during the period. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Nordson during the fourth quarter valued at approximately $40,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on NDSN. BNP Paribas Exane upped their target price on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. DA Davidson lifted their price target on shares of Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Oppenheimer boosted their price objective on shares of Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Nordson has a consensus rating of “Moderate Buy” and a consensus price target of $311.29.

Read Our Latest Analysis on NDSN

Nordson Stock Performance

Shares of NDSN stock opened at $308.72 on Friday. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. The company has a 50 day moving average price of $295.51 and a 200-day moving average price of $285.50. Nordson Corporation has a 52 week low of $211.50 and a 52 week high of $315.68. The firm has a market capitalization of $17.20 billion, a PE ratio of 32.91, a P/E/G ratio of 2.05 and a beta of 0.96.

Nordson (NASDAQ:NDSNGet Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The company had revenue of $740.85 million during the quarter, compared to analysts’ expectations of $728.78 million. During the same quarter in the prior year, the business earned $2.42 earnings per share. Nordson’s revenue for the quarter was up 8.5% compared to the same quarter last year. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, equities research analysts expect that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, June 18th. Nordson’s dividend payout ratio is presently 34.97%.

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.

Further Reading

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Institutional Ownership by Quarter for Nordson (NASDAQ:NDSN)

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