2,224 Shares in Nordson Corporation $NDSN Acquired by Globeflex Capital L P

Globeflex Capital L P bought a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,224 shares of the industrial products company’s stock, valued at approximately $592,000.

Other large investors have also added to or reduced their stakes in the company. Roman Butler Fullerton & Co. increased its stake in shares of Nordson by 4.2% in the fourth quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company’s stock worth $228,000 after purchasing an additional 38 shares in the last quarter. Syon Capital LLC lifted its stake in shares of Nordson by 4.0% during the 4th quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock valued at $255,000 after buying an additional 41 shares in the last quarter. Hantz Financial Services Inc. lifted its stake 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. Norden Group LLC boosted its holdings in Nordson by 4.4% in the 4th quarter. Norden Group LLC now owns 1,199 shares of the industrial products company’s stock worth $288,000 after buying an additional 50 shares during the period. Finally, Private Trust Co. NA boosted its holdings in Nordson by 70.8% in the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after buying an additional 51 shares during the period. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Stock Up 0.5%

NDSN opened at $291.59 on Thursday. The firm has a 50-day simple moving average of $288.67 and a two-hundred day simple moving average of $280.71. Nordson Corporation has a 52 week low of $207.08 and a 52 week high of $307.74. The company has a market capitalization of $16.25 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 1.93 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 (NASDAQ:NDSN) last issued its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (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 business’s revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. Analysts forecast that Nordson Corporation will post 11.59 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. Stockholders of record on Thursday, June 18th were issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio is 34.97%.

Wall Street Analysts Forecast Growth

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

Nordson 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.