8,393 Shares in Nordson Corporation $NDSN Bought by Gallo Partners LP

Gallo Partners LP purchased a new stake in Nordson Corporation (NASDAQ:NDSN) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,393 shares of the industrial products company’s stock, valued at approximately $2,532,000. Nordson makes up about 5.6% of Gallo Partners LP’s investment portfolio, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of NDSN. Arrowstreet Capital Limited Partnership raised its position in shares of Nordson by 314.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock valued at $2,335,000 after buying an additional 8,268 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Nordson during the 2nd quarter worth approximately $8,594,000. Cerity Partners LLC increased its stake in Nordson by 23.6% in the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock valued at $3,027,000 after acquiring an additional 2,692 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Nordson by 2.4% in the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company’s stock valued at $2,221,000 after acquiring an additional 244 shares during the last quarter. Finally, State Street Corp raised its position in Nordson by 4.7% during 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 in the last quarter. Institutional investors own 72.11% of the company’s stock.

More Nordson News

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

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

Nordson Stock Performance

Shares of Nordson stock opened at $332.24 on Monday. The company’s 50 day moving average price is $298.83 and its two-hundred day moving average price is $287.14. The firm has a market capitalization of $18.51 billion, a P/E ratio of 33.59, a P/E/G ratio of 2.17 and a beta of 0.96. Nordson Corporation has a fifty-two week low of $220.06 and a fifty-two week high of $338.55. 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 announced its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) 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 the consensus estimate of $779.49 million. During the same period in the prior year, the business earned $2.73 earnings per share. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, equities analysts forecast that Nordson Corporation will post 11.8 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were given a dividend of $0.82 per share. The ex-dividend date was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. Nordson’s payout ratio is currently 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.