West Family Investments Inc. Acquires Shares of 2,463 Nordson Corporation $NDSN

West Family Investments Inc. bought a new stake in shares of Nordson Corporation (NASDAQ:NDSN) in the 2nd quarter, HoldingsChannel reports. The fund bought 2,463 shares of the industrial products company’s stock, valued at approximately $743,000.

Other hedge funds also recently made changes to their positions in the company. Clearstead Trust LLC purchased a new position in shares of Nordson in the 2nd quarter worth about $25,000. Private Trust Co. NA increased its holdings in Nordson by 70.8% during the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after buying an additional 51 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Nordson during the second quarter worth about $31,000. N.E.W. Advisory Services LLC bought a new stake in Nordson in the second quarter worth about $33,000. Finally, MUFG Securities EMEA plc purchased a new position in Nordson in the second quarter valued at about $34,000. 72.11% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Key Headlines 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.

Nordson Price Performance

NASDAQ NDSN 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. The company has a market cap of $17.27 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 2.02 and a beta of 0.96. Nordson Corporation has a 52 week low of $213.23 and a 52 week high of $315.68. The firm’s 50-day simple moving average is $296.97 and its two-hundred day simple moving average is $286.33.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, topping 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 firm had revenue of $817.67 million during the quarter, compared to the consensus estimate of $779.49 million. During the same quarter last year, the company earned $2.73 earnings per share. The company’s revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Research analysts predict that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors 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 payout ratio is currently 34.97%.

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.