NewEdge Wealth LLC Acquires New Position in Nordson Corporation $NDSN

NewEdge Wealth LLC bought a new position in Nordson Corporation (NASDAQ:NDSN) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 14,539 shares of the industrial products company’s stock, valued at approximately $4,386,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NDSN. Clearstead Trust LLC purchased a new stake in shares of Nordson in the second quarter worth $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Nordson during the 2nd quarter valued at $33,000. Private Trust Co. NA lifted its stake in shares of 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 buying an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Nordson during the 2nd quarter valued at $31,000. Finally, Elevation Wealth Partners LLC boosted its holdings in Nordson by 2,400.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 150 shares of the industrial products company’s stock worth $45,000 after buying an additional 144 shares during the period. Institutional investors own 72.11% of the company’s stock.

Nordson Trading Up 1.9%

NDSN stock opened at $309.92 on Thursday. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. Nordson Corporation has a twelve month low of $213.23 and a twelve month high of $315.68. The stock has a market capitalization of $17.27 billion, a price-to-earnings ratio of 33.04, a price-to-earnings-growth ratio of 2.02 and a beta of 0.96. The firm’s fifty day simple moving average is $296.97 and its two-hundred day simple moving average is $286.33.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.16. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. During the same quarter in the prior year, the firm posted $2.73 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, analysts anticipate that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Dividend Announcement

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

Key Stories Impacting Nordson

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong quarterly beat: Adjusted earnings per share were $3.25, exceeding the $3.09 consensus estimate and rising from $2.73 a year earlier. Revenue reached a record $817.7 million, ahead of the $779.5 million analyst forecast and up approximately 10% year over year. Nordson Q3 Earnings and Revenue Estimates
• Positive Sentiment: Broad-based demand growth: Organic sales increased about 12%, with growth across all segments. Advanced Technology Solutions was particularly strong, with sales up 28%, while backlog increased 35% from the prior year. Nordson Record Third Quarter Results
• Positive Sentiment: Higher full-year guidance: Nordson now expects fiscal 2026 adjusted EPS of $11.80 to $12.00, above the $11.59 consensus estimate, and revenue of approximately $3.035 billion to $3.075 billion. The updated EPS range is also above the company’s previous outlook. Nordson Raises 2026 Guidance
• Positive Sentiment: Analyst support: D.A. Davidson reiterated its Buy rating and $345 price target following the results. The target is above the recent trading level and consistent with the positive earnings reaction. Nordson Analyst Rating
• Neutral Sentiment: Mixed institutional activity: Recent filings showed 378 institutions adding shares compared with 343 reducing positions, indicating generally constructive but not uniformly positive sentiment.
• Negative Sentiment: Insider selling: Company insiders reported 46 open-market sales and no purchases over the past six months, including substantial sales by the CEO and executive vice presidents. This may weigh on sentiment, although it did not offset the strong operating results.

Analysts Set New Price Targets

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

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.