Wealthfront Advisers LLC Takes $493,000 Position in Nordson Corporation $NDSN

Wealthfront Advisers LLC bought a new stake in shares of Nordson Corporation (NASDAQ:NDSN) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,634 shares of the industrial products company’s stock, valued at approximately $493,000.

A number of other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Nordson during the second quarter worth approximately $1,248,447,000. Norges Bank bought a new stake in shares of Nordson in the 4th quarter valued at approximately $191,654,000. Bank of New York Mellon Corp bought a new position in shares of Nordson during the 2nd quarter valued at approximately $127,230,000. Deutsche Bank AG purchased a new stake in Nordson during the 2nd quarter valued at $89,393,000. Finally, Millennium Management LLC raised its holdings in Nordson by 61.9% during the 3rd quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock valued at $134,442,000 after buying an additional 226,514 shares during the period. Institutional investors own 72.11% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. KeyCorp reaffirmed a “buy” rating on shares of Nordson in a research note on Thursday. Robert W. Baird increased their target price on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research note on Friday. BNP Paribas Exane raised their target price on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. DA Davidson reaffirmed a “buy” rating and set a $345.00 price target on shares of Nordson in a research note on Thursday. Finally, Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Five research 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $326.57.

Nordson Price Performance

NDSN opened at $332.24 on Friday. The business has a fifty day moving average of $298.83 and a 200 day moving average of $287.07. Nordson Corporation has a 52-week low of $220.06 and a 52-week high of $338.55. The company has a quick ratio of 1.65, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. The stock has a market cap of $18.51 billion, a P/E ratio of 33.59, a PEG ratio of 2.16 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, topping analysts’ consensus estimates of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The business had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. During the same quarter last year, the firm posted $2.73 earnings per share. The business’s revenue was up 10.3% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, sell-side analysts anticipate that Nordson Corporation will post 11.9 EPS for the current year.

Nordson Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is currently 33.16%.

Key Nordson News

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong Q3 beat and broad-based growth: Nordson reported adjusted earnings of $3.25 per share, above the $3.09 consensus and up from $2.73 a year earlier. Revenue reached $817.7 million, exceeding estimates of $779.5 million and increasing 10.3% year over year. Record sales across all segments, stronger orders and broad organic growth supported the results. NDSN Q3 Earnings Beat Estimates on Broad Organic Growth
• Positive Sentiment: Higher fiscal 2026 outlook: Management raised its outlook for the third time, forecasting fiscal 2026 sales of $3.035 billion to $3.075 billion and adjusted EPS of $11.80 to $12.00. Backlog reportedly increased 35%, reinforcing expectations for continued demand and earnings momentum. Nordson Forecasts Fiscal 2026 Sales and EPS
• Positive Sentiment: Analyst price-target increases: Oppenheimer raised its target from $335 to $370 and upgraded its view to “outperform.” Robert W. Baird lifted its target from $328 to $351 while maintaining a “neutral” rating. DA Davidson reaffirmed its “buy” rating with a $345 target. Analysts Boost Forecasts on Nordson
• Neutral Sentiment: New medical product: Nordson MEDICAL introduced its Divert ULTRA line of ultra-high-pressure stopcocks for demanding medical applications. The launch expands the product portfolio but was not accompanied by a specific financial impact. Nordson MEDICAL Introduces Divert ULTRA
• Negative Sentiment: Insider selling and valuation: Reported insider activity showed 46 sales and no purchases over the past six months, including sizable sales by senior executives. After the rally, Nordson trades at roughly 33.6 times earnings, leaving the stock vulnerable to profit-taking if growth or guidance momentum slows.

About Nordson

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.