Strategic Global Advisors LLC Purchases New Holdings in Nordson Corporation $NDSN

Key Points

• Strategic Global Advisors acquired 6,163 Nordson shares worth approximately $1.86 million in the second quarter. Institutional investors collectively own 72.11% of the company.
• Analysts maintain a generally positive outlook, with five Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $326.57.
• Nordson exceeded quarterly expectations with $3.25 in EPS and $817.67 million in revenue, up 10.3% year over year. The company also declared a quarterly dividend of $0.82 per share, representing a 1.0% yield.

Strategic Global Advisors LLC acquired a new position in Nordson Corporation (NASDAQ:NDSN - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,163 shares of the industrial products company's stock, valued at approximately $1,859,000.

Several other large investors have also modified their holdings of the business. Clearstead Trust LLC purchased a new stake in shares of Nordson in the second quarter worth approximately $25,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Nordson during the 2nd quarter worth approximately $30,000. CYBER HORNET ETFs LLC purchased a new position in Nordson during the 2nd quarter valued at $31,000. N.E.W. Advisory Services LLC purchased a new position in Nordson during the 2nd quarter valued at $33,000. Finally, MUFG Securities EMEA plc bought a new position in Nordson in the 2nd quarter valued at $34,000. Hedge funds and other institutional investors own 72.11% of the company's stock.

Wall Street Analyst Weigh In

NDSN has been the topic of a number of recent analyst reports. Robert W. Baird increased their target price on Nordson from $328.00 to $351.00 and gave the stock a "neutral" rating in a research note on Friday, August 21st. Oppenheimer boosted their target price on shares of Nordson from $335.00 to $370.00 and gave the company an "outperform" rating in a research note on Friday, August 21st. Wall Street Zen cut shares of Nordson from a "buy" rating to a "hold" rating in a report on Saturday, June 27th. Weiss Ratings raised shares of Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, June 29th. Finally, BNP Paribas Exane lifted their price objective on shares of Nordson from $285.00 to $290.00 and gave the company a "neutral" rating in a report on Friday, May 22nd. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $326.57.

Nordson Stock Up 0.3%

NASDAQ:NDSN opened at $334.58 on Thursday. The company's 50-day simple moving average is $301.37 and its 200-day simple moving average is $288.24. 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 Corporation has a fifty-two week low of $220.06 and a fifty-two week high of $339.12. The stock has a market capitalization of $18.64 billion, a P/E ratio of 33.83, a P/E/G ratio of 2.17 and a beta of 0.96.

Nordson (NASDAQ:NDSN - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.09 by $0.16. The firm 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%.The business's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, equities analysts anticipate that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were issued a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, June 18th. Nordson's dividend payout ratio is 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.

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