USA Financial Formulas Acquires 2,319 Shares of Nordson Corporation $NDSN

USA Financial Formulas grew its stake in shares of Nordson Corporation (NASDAQ:NDSN) by 538.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,750 shares of the industrial products company’s stock after acquiring an additional 2,319 shares during the period. USA Financial Formulas’ holdings in Nordson were worth $732,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership lifted its holdings in Nordson by 314.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock worth $2,335,000 after purchasing an additional 8,268 shares in the last quarter. Marshall Wace LLP purchased a new position in Nordson during the 2nd quarter valued at about $8,594,000. Cerity Partners LLC increased its position in shares of Nordson by 23.6% during the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock valued at $3,027,000 after buying an additional 2,692 shares during the period. Daiwa Securities Group Inc. increased its position in shares of Nordson by 2.4% during the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company’s stock valued at $2,221,000 after buying an additional 244 shares during the period. Finally, State Street Corp lifted its holdings in shares of Nordson by 4.7% in the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after buying an additional 133,229 shares in the last quarter. 72.11% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on NDSN. Wall Street Zen lowered 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. DA Davidson increased their target price on shares of Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Oppenheimer raised their price target on shares of 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 boosted their price target on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $311.29.

Nordson Trading Down 0.4%

Shares of NDSN stock opened at $308.72 on Friday. The business has a 50-day moving average price of $295.51 and a two-hundred day moving average price of $285.50. Nordson Corporation has a 12-month low of $211.50 and a 12-month high of $315.68. 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 firm has a market cap of $17.20 billion, a P/E ratio of 32.91, a price-to-earnings-growth ratio of 2.05 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data 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 firm 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 company’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior 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. Equities analysts anticipate that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Announces Dividend

The firm also recently disclosed 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 was Thursday, June 18th. Nordson’s payout ratio is presently 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.