IPG Investment Advisors LLC Makes New $1.93 Million Investment in Nordson Corporation $NDSN

Key Points

• IPG Investment Advisors opened a $1.93 million position in Nordson, buying 5,883 shares during the third quarter; institutional investors collectively own 72.11% of the company.
• Nordson beat quarterly earnings and revenue estimates, with revenue up 10.3% year over year. The company guided to fiscal 2026 EPS of $11.80–$12.00.
• Nordson raised its quarterly dividend from $0.82 to $0.94 per share, equivalent to an annualized $3.76 and a 1.1% yield.

IPG Investment Advisors LLC bought a new stake in Nordson Corporation (NASDAQ:NDSN - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,883 shares of the industrial products company's stock, valued at approximately $1,929,000.

Several other institutional investors have also bought and sold shares of NDSN. Clearstead Trust LLC purchased a new stake in Nordson during the second quarter valued at about $25,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Nordson in the second quarter valued at $30,000. Pension & Wealth Management Advisors Inc. bought a new stake in shares of Nordson during the 3rd quarter valued at $33,000. N.E.W. Advisory Services LLC bought a new stake in shares of Nordson during the 2nd quarter valued at $33,000. Finally, Fortitude Family Office LLC lifted its holdings in Nordson by 207.0% during the 3rd quarter. Fortitude Family Office LLC now owns 132 shares of the industrial products company's stock worth $43,000 after purchasing an additional 89 shares in the last quarter. Hedge funds and other institutional investors own 72.11% of the company's stock.

Nordson Stock Performance

Nordson stock opened at $331.06 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $18.44 billion, a PE ratio of 33.47, a P/E/G ratio of 1.98 and a beta of 0.99. The firm has a fifty day simple moving average of $323.31 and a two-hundred day simple moving average of $295.54. Nordson Corporation has a twelve month low of $223.29 and a twelve month high of $339.12.

Nordson (NASDAQ:NDSN - Get Free Report) last released its earnings results 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. The company had revenue of $817.67 million during the quarter, compared to analyst estimates of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%. Nordson's revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Research analysts expect that Nordson Corporation will post 11.86 EPS for the current year.

Nordson Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th were paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, September 10th. This is a positive change from Nordson's previous quarterly dividend of $0.82. Nordson's payout ratio is presently 38.02%.

Insider Buying and Selling at Nordson

In related news, EVP Jennifer L. Mcdonough sold 260 shares of the company's stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $336.00, for a total value of $87,360.00. Following the transaction, the executive vice president owned 6,346 shares in the company, valued at $2,132,256. The trade was a 3.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel Hopgood sold 1,329 shares of the stock in a transaction dated 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 SEC filing for this sale provides additional information. Over the last quarter, insiders sold 2,273 shares of company stock valued at $743,247. Corporate insiders own 0.84% of the company's stock.

Wall Street Analysts Forecast Growth

NDSN has been the subject of several analyst reports. Oppenheimer raised their price target on shares of Nordson from $335.00 to $370.00 and gave the company an "outperform" rating in a report on Friday, August 21st. KeyCorp restated a "buy" rating on shares of Nordson in a research note on Thursday, August 20th. Weiss Ratings upgraded shares of Nordson from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, September 2nd. Wall Street Zen raised shares of Nordson from a "hold" rating to a "buy" rating in a research note on Saturday, September 26th. Finally, Robert W. Baird increased their price target on shares of Nordson from $328.00 to $351.00 and gave the stock a "neutral" rating in a report on Friday, August 21st. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $326.57.

Nordson Profile

Nordson Corporation NASDAQ: NDSN is a global manufacturer of precision dispensing, fluid management, and inspection equipment. The company develops systems used to apply adhesives, coatings, sealants, polymers, and other materials with controlled precision in manufacturing and production processes.

Nordson's products include hot-melt and liquid adhesive dispensing systems, industrial coating equipment, pumps, valves, tubing, and related components. It also provides equipment and technologies for testing, inspection, and the management of fluids and materials.

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