Osmosis Investment Management UK Ltd acquired a new position in shares of Nordson Corporation (NASDAQ:NDSN – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,367 shares of the industrial products company’s stock, valued at approximately $1,921,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of NDSN. Syon Capital LLC increased its position in Nordson by 4.0% in the fourth quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock worth $255,000 after purchasing an additional 41 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after buying an additional 46 shares in the last quarter. Norinchukin Bank The lifted its holdings in shares of Nordson by 1.9% in the 3rd quarter. Norinchukin Bank The now owns 3,084 shares of the industrial products company’s stock valued at $700,000 after acquiring an additional 57 shares during the last quarter. Wealth Alliance LLC lifted its holdings in shares of Nordson by 5.0% in the 1st quarter. Wealth Alliance LLC now owns 1,393 shares of the industrial products company’s stock valued at $371,000 after acquiring an additional 66 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its position in Nordson by 4.8% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,517 shares of the industrial products company’s stock worth $365,000 after acquiring an additional 69 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
NDSN has been the topic of a number of recent research reports. Oppenheimer upped their price objective on Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a research report on Friday. Robert W. Baird lifted their target price on Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a report on Friday. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Finally, DA Davidson restated a “buy” rating and issued a $345.00 price target on shares of Nordson in a research report on Thursday, August 20th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $326.57.
Nordson Stock Up 0.5%
Shares of NASDAQ NDSN opened at $333.93 on Tuesday. Nordson Corporation has a 1 year low of $220.06 and a 1 year high of $338.55. The firm has a 50-day simple moving average of $299.66 and a two-hundred day simple moving average of $287.54. The company has a market cap of $18.60 billion, a P/E ratio of 33.76, a PEG ratio of 2.17 and a beta of 0.96. 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 – Get Free Report) last released its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating analysts’ consensus estimates of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The firm had revenue of $817.67 million for the quarter, compared to analysts’ expectations of $779.49 million. During the same quarter in the prior year, the firm posted $2.73 earnings per share. The company’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. Research analysts anticipate that Nordson Corporation will post 11.8 earnings per share for the current year.
Nordson Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is 33.16%.
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.
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