Ascentis Independent Advisors Makes New $508,000 Investment in Nordson Corporation $NDSN

Ascentis Independent Advisors acquired a new stake in Nordson Corporation (NASDAQ:NDSN) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,909 shares of the industrial products company’s stock, valued at approximately $508,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Trust Co. NA boosted its position in Nordson by 70.8% during 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 last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Nordson during the 2nd quarter worth approximately $31,000. MUFG Securities EMEA plc bought a new stake in shares of Nordson during the 2nd quarter worth approximately $34,000. Hantz Financial Services Inc. raised its stake in shares of Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 46 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Nordson in the 4th quarter valued at approximately $40,000. Institutional investors own 72.11% of the company’s stock.

Nordson Stock Up 0.9%

Nordson stock opened at $286.37 on Friday. The company’s 50-day moving average price is $287.69 and its two-hundred day moving average price is $277.80. The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. The stock has a market cap of $15.96 billion, a P/E ratio of 30.53, a P/E/G ratio of 1.88 and a beta of 0.96. Nordson Corporation has a twelve month low of $207.08 and a twelve month high of $307.74.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.82 by $0.04. The company had revenue of $740.85 million for the quarter, compared to the consensus estimate of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.42 earnings per share. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, analysts expect that Nordson Corporation will post 11.59 EPS for the current year.

Nordson Announces Dividend

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

Insider Buying and Selling

In other Nordson news, EVP Srinivas Subramanian sold 3,100 shares of the stock in a transaction on Friday, April 17th. The stock was sold at an average price of $280.00, for a total transaction of $868,000.00. Following the transaction, the executive vice president owned 6,407 shares in the company, valued at $1,793,960. This trade represents a 32.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.84% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on NDSN. DA Davidson boosted their target price on shares of Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. BNP Paribas Exane lifted their price target on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Finally, 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. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price 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.