HB Wealth Management 13F: Adds $14M to Nordson (NDSN) Stake

HB Wealth Management lifted its position in Nordson Corporation NDSN by 42,757 shares during the quarter, according to a Form 13F filing with the SEC on October 23, 2026. The institutional investor grew its stake by 1,908.8%, bringing its total holdings to 44,997 shares with a reported value of $14,752,312.

NDSN Nordson Corporation

$318.84 ▲ +33.47% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in HB Wealth Management's Nordson Position

The fund held 2,240 shares of the specialty industrial machinery maker prior to the filing. That prior stake grew substantially with the addition of 42,757 shares. The updated position now represents a multi-million-dollar commitment for the firm in the Ohio-based manufacturer.

Other Institutional Activity in Nordson

Kayne Anderson Rudnick Investment Management LLC reduced its holdings by 331,517 shares, ending the period with 1,713,620 shares worth about $546,370,594.

Nordson Corporation Stock Down 3.8%

Nordson Corporation shares closed at $318.84 on the October 23, 2026 filing date and recently traded around $318.84. The stock trades about 8.8% above its 200-day moving average of $293.16 and sits roughly 6.0% below its 52-week high of $339.12.

Recent Earnings

Nordson Corporation reported trailing twelve-month revenue of $2,979,794,944 alongside earnings of $9.88 per share. The company generated a net profit margin of 18.6% and posted a return on equity of 17.8%. The firm's next earnings report is scheduled for December 9, 2026.

Dividend

Nordson Corporation pays an annual dividend rate of $3.76 per share, giving it a dividend yield of 1.18% based on recent trading levels. The payout ratio sits at 33.2%.

Insider Buying and Selling at Nordson Corporation

General Counsel Jennifer L. McDonough sold 260 shares on August 27, 2026, at an average price of $336.00 for a total value of $87,360. Director Milton Mayo Morris sold 156 shares on September 2, 2026, at $316.63 per share totaling $49,394. Officer Joseph M. Rutledge sold 684 shares on September 15, 2026, at $309.38 per share for a value of $211,616. Later, Director Milton Mayo Morris sold 255 shares on October 14, 2026, at $327.20 per share worth $83,436. None of these transactions were reported as planned under a Rule 10b5-1 arrangement.

Analysts Set New Price Targets

DA Davidson maintained a buy rating with a $345.00 price target on August 20, 2026. Keybanc maintained an overweight rating and raised its target from $335.00 to $360.00 on August 20, 2026. Oppenheimer maintained an outperform rating and lifted its target from $335.00 to $370.00 on August 21, 2026. Baird maintained a neutral rating while raising its target from $328.00 to $351.00 on August 21, 2026. DA Davidson updated its view again on August 24, 2026, maintaining a buy rating and bumping its target to $375.00. Wall Street analysts maintain a consensus buy rating on the stock with a mean price target of $349.71 across seven analyst opinions.

About Nordson

Headquartered in Westlake, Ohio, Nordson Corporation designs and manufactures equipment used to apply, dispense, and control adhesives, coatings, sealants, biomaterials, and other fluids across industrial markets. The company employs roughly 8,200 people globally.

Bottom Line

Investors will look toward Nordson's upcoming earnings release on December 9, 2026, for further updates on operational performance and margin trends. Additional institutional reports and insider filings will provide more clues on how major holders view the stock moving forward.