8,800 Shares in Nordson Corporation $NDSN Bought by Weiss Asset Management LP

Weiss Asset Management LP purchased a new stake in shares of Nordson Corporation (NASDAQ:NDSN) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 8,800 shares of the industrial products company’s stock, valued at approximately $2,341,000.

Several other large investors have also made changes to their positions in the business. Arrowstreet Capital Limited Partnership boosted its holdings in Nordson by 314.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock valued at $2,335,000 after purchasing an additional 8,268 shares during the last quarter. Marshall Wace LLP acquired a new position in Nordson in the second quarter valued at approximately $8,594,000. Cerity Partners LLC boosted its position in Nordson by 23.6% in the 2nd quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock worth $3,027,000 after purchasing an additional 2,692 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Nordson by 2.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company’s stock worth $2,221,000 after purchasing an additional 244 shares during the period. Finally, State Street Corp grew its stake in shares of Nordson by 4.7% during the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after purchasing an additional 133,229 shares during the period. 72.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Nordson Stock Performance

Shares of NDSN stock opened at $295.77 on Monday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. The company has a market cap of $16.48 billion, a price-to-earnings ratio of 31.53, a PEG ratio of 1.96 and a beta of 0.96. The stock has a 50 day simple moving average of $289.32 and a 200-day simple moving average of $281.42. Nordson Corporation has a 1-year low of $207.08 and a 1-year high of $307.74.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The firm had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. During the same quarter last year, the firm posted $2.42 EPS. The business’s revenue was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. On average, equities research analysts expect that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is presently 34.97%.

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.