Vise Technologies Inc. Invests $548,000 in Nordson Corporation $NDSN

Vise Technologies Inc. purchased a new position in Nordson Corporation (NASDAQ:NDSN) during the 2nd quarter, HoldingsChannel reports. The fund purchased 1,816 shares of the industrial products company’s stock, valued at approximately $548,000.

Several other large investors also recently bought and sold shares of NDSN. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Nordson during the 2nd quarter worth approximately $717,000. West Family Investments Inc. purchased a new position in shares of Nordson during the 2nd quarter worth $743,000. NewEdge Wealth LLC purchased a new position in shares of Nordson during the 2nd quarter worth $4,386,000. Sound Financial Strategies Group LLC acquired a new position in shares of Nordson during the 2nd quarter valued at about $312,000. Finally, Danske Bank A S purchased a new stake in shares of Nordson in the second quarter valued at about $23,477,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. KeyCorp restated a “buy” rating on shares of Nordson in a research report on Thursday. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. BNP Paribas Exane upped their price objective on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Finally, Oppenheimer increased their price objective on Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research report on Friday. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $326.57.

Nordson Trading Up 0.5%

Shares of NDSN stock opened at $333.93 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.82 and a quick ratio of 1.18. The firm has a market cap of $18.60 billion, a PE ratio of 33.76, a price-to-earnings-growth ratio of 2.17 and a beta of 0.96. The company has a 50-day moving average of $299.66 and a two-hundred day moving average of $287.54. Nordson Corporation has a 1-year low of $220.06 and a 1-year high of $338.55.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.16. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The business had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. During the same period last year, the business earned $2.73 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, analysts predict that Nordson Corporation will post 11.8 EPS for the current year.

Nordson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were given a $0.82 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. Nordson’s payout ratio is presently 33.16%.

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.