United Capital Financial Advisors LLC Purchases New Shares in Nordson Corporation $NDSN

United Capital Financial Advisors LLC purchased a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,576 shares of the industrial products company’s stock, valued at approximately $476,000.

Other institutional investors have also recently added to or reduced their stakes in the company. XXEC Inc. acquired a new stake in shares of Nordson during the second quarter valued at about $896,378,000. BlackRock Inc. acquired a new position in shares of Nordson in the second quarter worth about $1,248,447,000. State Street Corp boosted its holdings in Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after purchasing an additional 133,229 shares during the last quarter. Morgan Stanley boosted its holdings in Nordson by 6.2% in the fourth quarter. Morgan Stanley now owns 1,582,637 shares of the industrial products company’s stock valued at $380,514,000 after purchasing an additional 92,970 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Nordson by 24.0% during the 4th quarter. JPMorgan Chase & Co. now owns 891,016 shares of the industrial products company’s stock valued at $214,227,000 after purchasing an additional 172,400 shares in the last quarter. Institutional investors and hedge funds own 72.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Robert W. Baird upped their target price on Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Oppenheimer raised their price target on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Finally, DA Davidson reiterated a “buy” rating and set a $345.00 price objective on shares of Nordson in a research note on Thursday, August 20th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $326.57.

Insiders Place Their Bets

In other Nordson news, EVP Jennifer L. Mcdonough sold 260 shares of Nordson stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $336.00, for a total value of $87,360.00. Following the completion of the transaction, the executive vice president owned 6,346 shares of the company’s stock, valued at $2,132,256. The trade was a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Daniel Roy Hopgood sold 1,329 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total transaction of $444,271.41. Following the sale, the executive vice president owned 4,758 shares of the company’s stock, valued at approximately $1,590,551.82. The trade was a 21.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.84% of the company’s stock.

Nordson Stock Down 0.9%

Shares of Nordson stock opened at $321.72 on Tuesday. The business has a 50-day moving average price of $303.17 and a 200 day moving average price of $288.94. Nordson Corporation has a fifty-two week low of $220.06 and a fifty-two week high of $339.12. The firm has a market cap of $17.92 billion, a P/E ratio of 32.53, a P/E/G ratio of 2.11 and a beta of 0.96. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.16. The company had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%.Nordson’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, sell-side analysts forecast that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Thursday, September 10th will be paid a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 1.2%. This is a boost from Nordson’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, September 10th. Nordson’s dividend payout ratio (DPR) is 33.16%.

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.