HORAN Wealth LLC Makes New Investment in Nordson Corporation $NDSN

HORAN Wealth LLC purchased a new stake in Nordson Corporation (NASDAQ:NDSN) in the 1st quarter, Holdings Channel.com reports. The firm purchased 4,040 shares of the industrial products company’s stock, valued at approximately $1,075,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of NDSN. Norges Bank acquired a new position in Nordson in the fourth quarter valued at approximately $191,654,000. M&T Bank Corp lifted its holdings in shares of Nordson by 10,127.9% in the 4th quarter. M&T Bank Corp now owns 586,877 shares of the industrial products company’s stock worth $141,103,000 after purchasing an additional 581,139 shares during the last quarter. Millennium Management LLC boosted its position 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 purchasing an additional 226,514 shares during the period. Jennison Associates LLC grew its stake in Nordson by 539.2% during the 4th quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock worth $60,673,000 after buying an additional 212,876 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Nordson by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock worth $1,504,515,000 after buying an additional 186,480 shares during the period. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson Trading Down 1.3%

Shares of NASDAQ:NDSN opened at $285.24 on Tuesday. The company has a 50 day moving average of $288.24 and a 200-day moving average of $280.00. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. The firm has a market cap of $15.89 billion, a P/E ratio of 30.41, a P/E/G ratio of 1.92 and a beta of 0.96. Nordson Corporation has a twelve month low of $207.08 and a twelve month high of $307.74.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.82 by $0.04. The firm had revenue of $740.85 million for the quarter, compared to analysts’ expectations of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.42 earnings per share. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, analysts anticipate that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were issued a $0.82 dividend. The ex-dividend date was Thursday, June 18th. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. Nordson’s dividend payout ratio is 34.97%.

Analyst Ratings Changes

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

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.