NewEdge Wealth LLC Purchases New Position in Nordson Corporation $NDSN

Key Points

• NewEdge Wealth purchased 14,539 Nordson shares in the second quarter, valued at approximately $4.4 million. Institutional investors collectively own 72.11% of the company.
• Nordson reported a strong quarterly performance, with adjusted EPS of $3.25 beating estimates and revenue rising 10.3% year over year to a record $817.7 million.
• The company raised its fiscal 2026 adjusted EPS guidance to $11.80–$12.00, while analysts maintained a generally positive outlook with a consensus “Moderate Buy” rating and an average price target of $311.29.

NewEdge Wealth LLC purchased a new position in Nordson Corporation (NASDAQ:NDSN - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,539 shares of the industrial products company's stock, valued at approximately $4,386,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Arrowstreet Capital Limited Partnership raised its position in shares of Nordson by 314.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company's stock worth $2,335,000 after acquiring an additional 8,268 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Nordson during the second quarter valued at approximately $8,594,000. Cerity Partners LLC boosted its position in shares of Nordson by 23.6% during the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company's stock valued at $3,027,000 after purchasing an additional 2,692 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Nordson by 2.4% in the second 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 Nordson by 4.7% in the second 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 currently owned by hedge funds and other institutional investors.

Trending Headlines about Nordson

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong quarterly beat: Adjusted earnings per share were $3.25, exceeding the $3.09 consensus estimate and rising from $2.73 a year earlier. Revenue reached a record $817.7 million, ahead of the $779.5 million analyst forecast and up approximately 10% year over year. Nordson Q3 Earnings and Revenue Estimates
• Positive Sentiment: Broad-based demand growth: Organic sales increased about 12%, with growth across all segments. Advanced Technology Solutions was particularly strong, with sales up 28%, while backlog increased 35% from the prior year. Nordson Record Third Quarter Results
• Positive Sentiment: Higher full-year guidance: Nordson now expects fiscal 2026 adjusted EPS of $11.80 to $12.00, above the $11.59 consensus estimate, and revenue of approximately $3.035 billion to $3.075 billion. The updated EPS range is also above the company’s previous outlook. Nordson Raises 2026 Guidance
• Positive Sentiment: Analyst support: D.A. Davidson reiterated its Buy rating and $345 price target following the results. The target is above the recent trading level and consistent with the positive earnings reaction. Nordson Analyst Rating
• Neutral Sentiment: Mixed institutional activity: Recent filings showed 378 institutions adding shares compared with 343 reducing positions, indicating generally constructive but not uniformly positive sentiment.
• Negative Sentiment: Insider selling: Company insiders reported 46 open-market sales and no purchases over the past six months, including substantial sales by the CEO and executive vice presidents. This may weigh on sentiment, although it did not offset the strong operating results.

Nordson Stock Performance

NDSN stock opened at $309.92 on Thursday. The company has a market cap of $17.27 billion, a P/E ratio of 33.04, a price-to-earnings-growth ratio of 2.02 and a beta of 0.96. 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 stock's fifty day moving average price is $296.97 and its 200-day moving average price is $286.33. Nordson Corporation has a 1 year low of $213.23 and a 1 year high of $315.68.

Nordson (NASDAQ:NDSN - Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.09 by $0.16. The business had revenue of $817.67 million during the quarter, compared to the consensus estimate of $779.49 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The business's quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, equities analysts forecast that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were paid a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, June 18th. Nordson's dividend payout ratio is 34.97%.

Analysts Set New Price Targets

Several brokerages have commented on NDSN. Oppenheimer raised their price objective on Nordson from $325.00 to $335.00 and gave the company an "outperform" rating in a research report on Friday, May 29th. Weiss Ratings raised shares of Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, June 29th. BNP Paribas Exane increased their price target 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. DA Davidson boosted their price objective on shares of Nordson from $335.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen cut shares of Nordson from a "buy" rating to a "hold" rating in a report on Saturday, June 27th. Five investment 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 presently has a consensus rating of "Moderate Buy" and an average price target of $311.29.

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.

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