1,574 Shares in Nordson Corporation $NDSN Purchased by MBL Wealth LLC

MBL Wealth LLC bought a new position in Nordson Corporation (NASDAQ:NDSN) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,574 shares of the industrial products company’s stock, valued at approximately $516,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clearstead Trust LLC bought a new stake in Nordson in the second quarter valued at $25,000. Keating Financial Advisory Services Inc. acquired a new position in Nordson during the second quarter worth $30,000. Pension & Wealth Management Advisors Inc. acquired a new position in Nordson during the third quarter worth $33,000. N.E.W. Advisory Services LLC acquired a new position in Nordson during the second quarter worth $33,000. Finally, Fortitude Family Office LLC lifted its holdings in shares of Nordson by 207.0% during the third quarter. Fortitude Family Office LLC now owns 132 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 89 shares during the period. Institutional investors own 72.11% of the company’s stock.

Insider Activity

In related news, CAO Joseph M. Rutledge sold 684 shares of Nordson stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $309.38, for a total value of $211,615.92. Following the completion of the transaction, the chief accounting officer directly owned 2,134 shares of the company’s stock, valued at $660,216.92. The trade was a 24.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Jennifer McDonough sold 260 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $336.00, for a total transaction of $87,360.00. Following the transaction, the executive vice president owned 6,346 shares in the company, valued at approximately $2,132,256. This trade represents a 3.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,273 shares of company stock worth $743,247. 0.84% of the stock is owned by corporate insiders.

Nordson Stock Up 0.0%

NASDAQ NDSN opened at $318.84 on Friday. The stock’s 50 day simple moving average is $322.52 and its 200 day simple moving average is $300.68. Nordson Corporation has a one year low of $223.29 and a one year high of $339.12. The firm has a market cap of $17.76 billion, a PE ratio of 32.24, a price-to-earnings-growth ratio of 2.07 and a beta of 0.99. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.82 and a quick ratio of 1.18.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.16. The firm had revenue of $817.67 million during 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%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, sell-side analysts forecast that Nordson Corporation will post 11.86 earnings per share for the current fiscal year.

Nordson Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th were paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Nordson’s previous quarterly dividend of $0.82. The ex-dividend date was Thursday, September 10th. Nordson’s dividend payout ratio is 38.02%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Robert W. Baird boosted 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, August 21st. DA Davidson reiterated a “buy” rating and set a $345.00 target price on shares of Nordson in a research report on Thursday, August 20th. KeyCorp reissued a “buy” rating on shares of Nordson in a report on Thursday, August 20th. Oppenheimer lifted their price target on shares of Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a report on Friday, August 21st. Finally, Weiss Ratings upgraded shares of Nordson from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, September 2nd. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Nordson presently has a consensus rating of “Moderate Buy” and an average price target of $326.57.

Nordson Company Profile

Nordson Corporation (NASDAQ: NDSN) is a global manufacturer of precision dispensing, fluid management, and inspection equipment. The company develops systems used to apply adhesives, coatings, sealants, polymers, and other materials with controlled precision in manufacturing and production processes.

Nordson’s products include hot-melt and liquid adhesive dispensing systems, industrial coating equipment, pumps, valves, tubing, and related components. It also provides equipment and technologies for testing, inspection, and the management of fluids and materials.