West Family Investments Inc. Invests $743,000 in Nordson Corporation $NDSN

West Family Investments Inc. bought a new position in Nordson Corporation (NASDAQ:NDSN) during the second quarter, according to its most recent filing with the SEC. The firm bought 2,463 shares of the industrial products company’s stock, valued at approximately $743,000.

Other hedge funds have also bought and sold shares of the company. Arrowstreet Capital Limited Partnership increased its stake 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 valued at $2,335,000 after purchasing an additional 8,268 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Nordson in the second quarter valued at $8,594,000. Cerity Partners LLC lifted its stake in shares of Nordson by 23.6% in 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 in the last quarter. Daiwa Securities Group Inc. grew its holdings 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 last quarter. Finally, State Street Corp grew its holdings in shares of Nordson by 4.7% during the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after buying an additional 133,229 shares during the last quarter. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson Stock Performance

Shares of NDSN stock opened at $309.92 on Thursday. The firm has a 50-day moving average of $296.97 and a 200-day moving average of $286.33. The company has a market cap of $17.27 billion, a P/E ratio of 33.04, a P/E/G ratio of 2.02 and a beta of 0.96. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. Nordson Corporation has a one year low of $213.23 and a one year high of $315.68.

Nordson (NASDAQ:NDSN) last released its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.16. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business had revenue of $817.67 million for the quarter, compared to analysts’ expectations of $779.49 million. During the same period in the previous year, the company earned $2.73 earnings per share. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Equities research analysts forecast that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Announces Dividend

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 dividend of $0.82 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. Nordson’s dividend payout ratio (DPR) is currently 34.97%.

Analyst Upgrades and Downgrades

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

Trending Headlines about Nordson

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong quarterly beat: Adjusted earnings per share were $3.25, exceeding the $3.09 consensus estimate and rising from $2.73 a year earlier. Revenue reached a record $817.7 million, ahead of the $779.5 million analyst forecast and up approximately 10% year over year. Nordson Q3 Earnings and Revenue Estimates
• Positive Sentiment: Broad-based demand growth: Organic sales increased about 12%, with growth across all segments. Advanced Technology Solutions was particularly strong, with sales up 28%, while backlog increased 35% from the prior year. Nordson Record Third Quarter Results
• Positive Sentiment: Higher full-year guidance: Nordson now expects fiscal 2026 adjusted EPS of $11.80 to $12.00, above the $11.59 consensus estimate, and revenue of approximately $3.035 billion to $3.075 billion. The updated EPS range is also above the company’s previous outlook. Nordson Raises 2026 Guidance
• Positive Sentiment: Analyst support: D.A. Davidson reiterated its Buy rating and $345 price target following the results. The target is above the recent trading level and consistent with the positive earnings reaction. Nordson Analyst Rating
• Neutral Sentiment: Mixed institutional activity: Recent filings showed 378 institutions adding shares compared with 343 reducing positions, indicating generally constructive but not uniformly positive sentiment.
• Negative Sentiment: Insider selling: Company insiders reported 46 open-market sales and no purchases over the past six months, including substantial sales by the CEO and executive vice presidents. This may weigh on sentiment, although it did not offset the strong operating results.

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.