Callan Family Office LLC Acquires New Holdings in Nordson Corporation $NDSN

Callan Family Office LLC purchased a new stake in Nordson Corporation (NASDAQ:NDSN - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,962 shares of the industrial products company's stock, valued at approximately $2,100,000.

Other large investors have also modified their holdings of the company. Clearstead Trust LLC bought a new stake in Nordson during the second quarter valued at about $25,000. Keating Financial Advisory Services Inc. bought a new stake in Nordson during the 2nd quarter valued at approximately $30,000. N.E.W. Advisory Services LLC acquired a new stake in Nordson in the 2nd quarter valued at approximately $33,000. CYBER HORNET ETFs LLC bought a new position in Nordson in the 2nd quarter worth approximately $31,000. Finally, Elevation Wealth Partners LLC lifted its holdings in shares of Nordson by 2,400.0% during the second quarter. Elevation Wealth Partners LLC now owns 150 shares of the industrial products company's stock worth $45,000 after buying an additional 144 shares during the last quarter. 72.11% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on NDSN. Robert W. Baird upped their target price on shares of Nordson from $328.00 to $351.00 and gave the company a "neutral" rating in a research note on Friday. KeyCorp reaffirmed a "buy" rating on shares of Nordson in a research report on Thursday. Weiss Ratings upgraded shares of Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, June 29th. Wall Street Zen downgraded Nordson from a "buy" rating to a "hold" rating in a research report on Saturday, June 27th. Finally, DA Davidson restated a "buy" rating and set a $345.00 price target on shares of Nordson in a research note on Thursday. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Nordson currently has an average rating of "Moderate Buy" and an average target price of $326.57.

Nordson News Roundup

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong Q3 beat and broad-based growth: Nordson reported adjusted earnings of $3.25 per share, above the $3.09 consensus and up from $2.73 a year earlier. Revenue reached $817.7 million, exceeding estimates of $779.5 million and increasing 10.3% year over year. Record sales across all segments, stronger orders and broad organic growth supported the results. NDSN Q3 Earnings Beat Estimates on Broad Organic Growth
• Positive Sentiment: Higher fiscal 2026 outlook: Management raised its outlook for the third time, forecasting fiscal 2026 sales of $3.035 billion to $3.075 billion and adjusted EPS of $11.80 to $12.00. Backlog reportedly increased 35%, reinforcing expectations for continued demand and earnings momentum. Nordson Forecasts Fiscal 2026 Sales and EPS
• Positive Sentiment: Analyst price-target increases: Oppenheimer raised its target from $335 to $370 and upgraded its view to “outperform.” Robert W. Baird lifted its target from $328 to $351 while maintaining a “neutral” rating. DA Davidson reaffirmed its “buy” rating with a $345 target. Analysts Boost Forecasts on Nordson
• Neutral Sentiment: New medical product: Nordson MEDICAL introduced its Divert ULTRA line of ultra-high-pressure stopcocks for demanding medical applications. The launch expands the product portfolio but was not accompanied by a specific financial impact. Nordson MEDICAL Introduces Divert ULTRA
• Negative Sentiment: Insider selling and valuation: Reported insider activity showed 46 sales and no purchases over the past six months, including sizable sales by senior executives. After the rally, Nordson trades at roughly 33.6 times earnings, leaving the stock vulnerable to profit-taking if growth or guidance momentum slows.

Nordson Stock Performance

NASDAQ:NDSN opened at $332.24 on Friday. The firm has a market capitalization of $18.51 billion, a PE ratio of 33.59, a price-to-earnings-growth ratio of 2.15 and a beta of 0.96. The company has a quick ratio of 1.65, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. Nordson Corporation has a 12-month low of $220.06 and a 12-month high of $338.55. The firm has a 50-day moving average price of $298.83 and a 200 day moving average price of $287.07.

Nordson (NASDAQ:NDSN - Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share 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 company had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. During the same period in the previous year, the business earned $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 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 paid a $0.82 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.28 annualized dividend and a yield of 1.0%. Nordson's payout ratio is currently 33.16%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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