Empirical Financial Services LLC d.b.a. Empirical Wealth Management Purchases New Shares in Nordson Corporation $NDSN

Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Nordson Corporation (NASDAQ:NDSN) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,812 shares of the industrial products company’s stock, valued at approximately $482,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Chicago Partners Investment Group LLC bought a new stake in Nordson during the 1st quarter worth about $583,000. Diversify Wealth Management LLC bought a new position in shares of Nordson in the first quarter worth about $284,000. Fifth Third Bancorp lifted its position in shares of Nordson by 591.7% during the first quarter. Fifth Third Bancorp now owns 16,242 shares of the industrial products company’s stock worth $4,321,000 after purchasing an additional 13,894 shares in the last quarter. Van Cleef Asset Management Inc acquired a new position in shares of Nordson during the first quarter worth approximately $206,000. Finally, Simplicity Wealth LLC bought a new stake in shares of Nordson during the first quarter valued at approximately $225,000. Institutional investors and hedge funds own 72.11% of the company’s stock.

Analyst Ratings Changes

NDSN has been the subject of several research analyst reports. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. BNP Paribas Exane boosted their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. DA Davidson upped their price target on Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Finally, Oppenheimer raised their price target on Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Nordson currently has a consensus rating of “Moderate Buy” and an average target price of $311.29.

Nordson Stock Performance

Shares of Nordson stock opened at $288.98 on Friday. The firm has a fifty day moving average of $288.17 and a two-hundred day moving average of $279.45. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60. The stock has a market capitalization of $16.10 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 1.95 and a beta of 0.96. Nordson Corporation has a 52 week low of $207.08 and a 52 week high of $307.74.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.82 by $0.04. The business had revenue of $740.85 million for the quarter, compared to analyst estimates of $728.78 million. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The firm’s revenue was up 8.5% on a year-over-year basis. During the same period last year, the company earned $2.42 EPS. 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, equities research analysts predict that Nordson Corporation will post 11.59 EPS for the current year.

Nordson Dividend Announcement

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

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.