Empirical Financial Services LLC d.b.a. Empirical Wealth Management Invests $482,000 in Nordson Corporation $NDSN

Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Nordson Corporation (NASDAQ:NDSN) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,812 shares of the industrial products company’s stock, valued at approximately $482,000.

Other hedge funds have also added to or reduced their stakes in the company. Private Trust Co. NA grew its stake in Nordson by 70.8% in the fourth 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 during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Nordson during the second quarter worth about $31,000. MUFG Securities EMEA plc acquired a new stake in shares of Nordson during the second quarter worth about $34,000. Hantz Financial Services Inc. lifted its holdings in shares of Nordson by 43.4% during 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 in the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Nordson in the 4th quarter valued at approximately $40,000. Institutional investors and hedge funds own 72.11% of the company’s stock.

Analysts Set New Price Targets

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

Nordson Stock Down 1.5%

Shares of NDSN stock opened at $288.98 on Friday. The firm’s fifty day moving average price is $288.17 and its two-hundred day moving average price is $279.45. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. Nordson Corporation has a 1 year low of $207.08 and a 1 year high of $307.74. The firm has a market capitalization of $16.10 billion, a P/E ratio of 30.81, a PEG ratio of 1.95 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.04. The company had revenue of $740.85 million during the quarter, compared to the consensus estimate of $728.78 million. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.42 EPS. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. On average, equities analysts predict that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Dividend Announcement

The business also recently declared 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 (DPR) is currently 34.97%.

Nordson 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.