Chicago Partners Investment Group LLC Invests $583,000 in Nordson Corporation $NDSN

Chicago Partners Investment Group LLC acquired a new stake in shares of Nordson Corporation (NASDAQ:NDSN) during the first quarter, HoldingsChannel reports. The institutional investor acquired 2,086 shares of the industrial products company’s stock, valued at approximately $583,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NDSN. Diversify Wealth Management LLC acquired a new position in Nordson in the 1st quarter valued at about $284,000. Fifth Third Bancorp raised its position in shares of Nordson by 591.7% in the first quarter. Fifth Third Bancorp now owns 16,242 shares of the industrial products company’s stock valued at $4,321,000 after buying an additional 13,894 shares during the last quarter. Van Cleef Asset Management Inc purchased a new position in shares of Nordson during the first quarter valued at approximately $206,000. Simplicity Wealth LLC acquired a new stake in Nordson during the first quarter worth approximately $225,000. Finally, Candriam S.C.A. purchased a new stake in Nordson in the 1st quarter worth approximately $871,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Nordson Price Performance

NDSN stock opened at $288.98 on Friday. The company has a market cap of $16.10 billion, a PE ratio of 30.81, a price-to-earnings-growth ratio of 1.92 and a beta of 0.96. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. The stock has a 50-day moving average price of $288.17 and a two-hundred day moving average price of $279.45. Nordson Corporation has a 12-month low of $207.08 and a 12-month high of $307.74.

Nordson (NASDAQ:NDSN) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping analysts’ consensus estimates 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 company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the business posted $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, research analysts predict that Nordson Corporation will post 11.59 EPS for the current year.

Nordson Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were given a dividend of $0.82 per share. 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 payout ratio is 34.97%.

About Nordson

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.