Vise Technologies Inc. Takes Position in Nordson Corporation $NDSN

Vise Technologies Inc. bought a new position in Nordson Corporation (NASDAQ:NDSN) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,816 shares of the industrial products company’s stock, valued at approximately $548,000.

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

Wall Street Analyst Weigh In

NDSN has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. BNP Paribas Exane lifted their price objective on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Robert W. Baird upped their price objective on shares of Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a research report on Friday. DA Davidson reissued a “buy” rating and set a $345.00 target price on shares of Nordson in a research note on Thursday, August 20th. Finally, Oppenheimer raised their target price on Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a research report on Friday. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $326.57.

Nordson Trading 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 market capitalization of $18.60 billion, a price-to-earnings ratio of 33.76, a price-to-earnings-growth 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. The business’s 50 day moving average price is $299.66 and its 200-day moving average price is $287.54.

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

Nordson Dividend Announcement

The business also recently declared 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. 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 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.