4,784 Shares in Nordson Corporation $NDSN Acquired by Commerce Bank

Commerce Bank bought a new position in shares of Nordson Corporation (NASDAQ:NDSN) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 4,784 shares of the industrial products company’s stock, valued at approximately $1,443,000.

Other institutional investors have also recently bought and sold shares of the company. Clearstead Trust LLC acquired a new position in shares of Nordson in the second quarter valued at approximately $25,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Nordson during the second quarter worth $30,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Nordson during the second quarter worth $31,000. N.E.W. Advisory Services LLC bought a new stake in Nordson in the 2nd quarter valued at $33,000. Finally, MUFG Securities EMEA plc bought a new stake in Nordson in the 2nd quarter valued at $34,000. Institutional investors own 72.11% of the company’s stock.

Nordson Stock Performance

Shares of NDSN opened at $333.58 on Wednesday. The stock has a market capitalization of $18.58 billion, a price-to-earnings ratio of 33.73, a PEG ratio of 2.17 and a beta of 0.96. Nordson Corporation has a 12 month low of $220.06 and a 12 month high of $338.55. The firm has a fifty day simple moving average of $300.48 and a 200 day simple moving average of $287.87. The company has a current ratio of 1.82, a quick ratio of 1.18 and a debt-to-equity ratio of 0.47.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.16. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The firm had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. During the same period in the previous year, the business earned $2.73 EPS. The company’s revenue was up 10.3% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Research analysts forecast that Nordson Corporation will post 11.83 EPS for the current fiscal year.

Nordson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors 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 dividend yield of 1.0%. Nordson’s payout ratio is currently 33.16%.

Analyst Upgrades and Downgrades

NDSN has been the subject of a number of research reports. DA Davidson reiterated a “buy” rating and set a $345.00 target price on shares of Nordson in a report on Thursday, August 20th. KeyCorp restated a “buy” rating on shares of Nordson in a report on Thursday, August 20th. Robert W. Baird upped their price objective on Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Finally, Oppenheimer lifted their target price on Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a research report on Friday, August 21st. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Nordson has an average rating of “Moderate Buy” and a consensus target price of $326.57.

Nordson Company 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.