2,127 Shares in Nordson Corporation $NDSN Bought by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. bought a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 2,127 shares of the industrial products company’s stock, valued at approximately $642,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Clearstead Trust LLC acquired a new stake in shares of Nordson during the second quarter worth about $25,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Nordson in the 2nd quarter valued at approximately $30,000. N.E.W. Advisory Services LLC acquired a new position in shares of Nordson in the 2nd quarter valued at approximately $33,000. CYBER HORNET ETFs LLC bought a new stake in Nordson during the 2nd quarter worth approximately $31,000. Finally, Elevation Wealth Partners LLC increased its stake in Nordson by 2,400.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 150 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 144 shares in the last quarter. 72.11% of the stock is owned by institutional investors and hedge funds.

Nordson Trading Down 0.7%

NASDAQ NDSN opened at $332.24 on Friday. Nordson Corporation has a 52 week low of $220.06 and a 52 week high of $338.55. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.65 and a current ratio of 1.82. The stock’s 50 day moving average price is $298.83 and its two-hundred day moving average price is $287.07. The stock has a market capitalization of $18.51 billion, a price-to-earnings ratio of 33.59, a PEG ratio of 2.15 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.16. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The company had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. During the same period last year, the business earned $2.73 EPS. The business’s quarterly revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, analysts anticipate that Nordson Corporation will post 11.8 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were given a $0.82 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. Nordson’s dividend payout ratio (DPR) is 33.16%.

Nordson News Roundup

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.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on NDSN shares. Oppenheimer lifted their price target on shares of Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a research note on Friday. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Robert W. Baird raised their price objective on shares of Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a report on Friday. DA Davidson reaffirmed a “buy” rating and issued a $345.00 price objective on shares of Nordson in a research report on Thursday. Finally, Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $326.57.

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.