Oppenheimer Asset Management Inc. Buys Shares of 6,935 Nordson Corporation $NDSN

Key Points

• Oppenheimer Asset Management initiated a Nordson position by buying 6,935 shares valued at approximately $2.1 million. Institutional investors and hedge funds collectively own 72.11% of the company.
• Nordson reported quarterly EPS of $2.86, exceeding estimates of $2.82, while revenue rose 8.5% year over year to $740.85 million. Management issued fiscal 2026 EPS guidance of $11.30 to $11.80.
• The stock opened at $308.72, near its 12-month high, and analysts maintain a “Moderate Buy” consensus with an average price target of $311.29. Nordson also pays a quarterly dividend of $0.82, yielding about 1.1%.

Oppenheimer Asset Management Inc. bought a new position in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 6,935 shares of the industrial products company's stock, valued at approximately $2,092,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Private Trust Co. NA lifted its stake in shares of Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 51 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Nordson during the second quarter worth about $31,000. MUFG Securities EMEA plc acquired a new position in Nordson during the second quarter worth about $34,000. Hantz Financial Services Inc. increased its holdings in Nordson by 43.4% in the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company's stock valued at $37,000 after buying an additional 46 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC purchased a new position in Nordson in the fourth quarter valued at about $40,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Nordson Price Performance

Shares of NASDAQ NDSN opened at $308.72 on Monday. Nordson Corporation has a 12-month low of $211.50 and a 12-month high of $315.68. The company has a market capitalization of $17.20 billion, a PE ratio of 32.91, a price-to-earnings-growth ratio of 2.05 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 firm's 50-day moving average is $295.51 and its two-hundred day moving average is $285.60.

Nordson (NASDAQ:NDSN - Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, topping analysts' consensus estimates of $2.82 by $0.04. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business had revenue of $740.85 million during the quarter, compared to analysts' expectations of $728.78 million. During the same period last year, the company posted $2.42 EPS. The company'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. Equities analysts anticipate that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on NDSN. Weiss Ratings raised Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, June 29th. DA Davidson raised their price objective on Nordson from $335.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, May 27th. Wall Street Zen downgraded Nordson from a "buy" rating to a "hold" rating in a research report on Saturday, June 27th. Oppenheimer upped their target price on Nordson from $325.00 to $335.00 and gave the company an "outperform" rating in a report on Friday, May 29th. Finally, BNP Paribas Exane raised their price target on Nordson from $285.00 to $290.00 and gave the company a "neutral" rating in a research report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus 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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