Confluence Investment Management LLC Has $84.81 Million Holdings in Nordson Corporation $NDSN

Confluence Investment Management LLC decreased its position in shares of Nordson Corporation (NASDAQ:NDSN) by 8.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 281,120 shares of the industrial products company’s stock after selling 27,147 shares during the quarter. Nordson accounts for 1.3% of Confluence Investment Management LLC’s portfolio, making the stock its 28th largest holding. Confluence Investment Management LLC’s holdings in Nordson were worth $84,811,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Private Trust Co. NA lifted its holdings in shares of Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 51 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Nordson during the second quarter valued at approximately $31,000. MUFG Securities EMEA plc acquired a new position in Nordson during the second quarter valued at approximately $34,000. Hantz Financial Services Inc. boosted its holdings in shares of Nordson by 43.4% in 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 bought a new position in shares of Nordson in the 4th quarter valued at $40,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Oppenheimer upped their price objective on Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. DA Davidson boosted their target price on Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. BNP Paribas Exane raised their price target on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Finally, Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $311.29.

Nordson Stock Performance

NASDAQ NDSN opened at $302.62 on Tuesday. The company has a market capitalization of $16.86 billion, a price-to-earnings ratio of 32.26, a PEG ratio of 1.98 and a beta of 0.96. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. Nordson Corporation has a twelve month low of $208.37 and a twelve month high of $307.74. The stock has a fifty day simple moving average of $291.31 and a 200 day simple moving average of $283.13.

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 the consensus estimate of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Sell-side analysts expect that Nordson Corporation will post 11.59 EPS for the current year.

Nordson Dividend Announcement

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

Nordson Company 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.