West Family Investments Inc. Purchases New Holdings in Nordson Corporation $NDSN

West Family Investments Inc. acquired a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 2,463 shares of the industrial products company’s stock, valued at approximately $743,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Clearstead Trust LLC acquired a new stake in Nordson in the second quarter worth about $25,000. Keating Financial Advisory Services Inc. bought a new position in shares of Nordson in the 2nd quarter valued at about $30,000. 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 bought a new stake in shares of Nordson during the second quarter worth approximately $31,000. Finally, Elevation Wealth Partners LLC boosted its stake in Nordson by 2,400.0% in the second quarter. Elevation Wealth Partners LLC now owns 150 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 144 shares during the last quarter. Institutional investors own 72.11% of the company’s stock.

Insider Buying and Selling at Nordson

In related news, EVP Daniel Hopgood sold 1,329 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total transaction of $444,271.41. Following the sale, the executive vice president directly owned 4,758 shares in the company, valued at $1,590,551.82. This trade represents a 21.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Jennifer McDonough sold 260 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $336.00, for a total transaction of $87,360.00. Following the completion of the transaction, the executive vice president directly owned 6,346 shares of the company’s stock, valued at approximately $2,132,256. The trade was a 3.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.84% of the stock is owned by corporate insiders.

Nordson Trading Down 0.5%

NASDAQ:NDSN traded down $1.56 on Tuesday, reaching $316.80. The company’s stock had a trading volume of 279,393 shares, compared to its average volume of 395,219. Nordson Corporation has a 1-year low of $220.47 and a 1-year high of $339.12. The business’s 50-day moving average price is $304.97 and its two-hundred day moving average price is $289.67. The firm has a market cap of $17.65 billion, a PE ratio of 32.03, a PEG ratio of 2.07 and a beta of 0.97. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82.

Nordson (NASDAQ:NDSN) last released its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The business had revenue of $817.67 million for the quarter, compared to analysts’ expectations of $779.49 million. During the same quarter in the previous year, the business posted $2.73 EPS. Nordson’s revenue for the quarter was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Equities research analysts anticipate that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be issued a $0.94 dividend. This represents a $3.76 annualized dividend and a dividend yield of 1.2%. This is a boost from Nordson’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, September 10th. Nordson’s dividend payout ratio is currently 33.16%.

Wall Street Analyst Weigh In

Several analysts have commented on NDSN shares. Weiss Ratings upgraded shares of Nordson from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, September 2nd. Robert W. Baird increased their target price on Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. KeyCorp restated a “buy” rating on shares of Nordson in a report on Thursday, August 20th. Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, BNP Paribas Exane lifted their price objective 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 stock. According to MarketBeat, Nordson presently has a consensus rating of “Moderate Buy” and an average target price of $326.57.

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.