Two Sigma Securities LLC Makes New Investment in Nordson Corporation $NDSN

Two Sigma Securities LLC bought a new stake in shares of Nordson Corporation (NASDAQ:NDSN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,770 shares of the industrial products company’s stock, valued at approximately $836,000.

Other hedge funds have also added to or reduced their stakes in the company. Syon Capital LLC boosted its stake in shares of Nordson by 4.0% in the 4th quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock worth $255,000 after buying an additional 41 shares during the last quarter. Hantz Financial Services Inc. increased its position in Nordson by 43.4% during the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 46 shares during the last quarter. Norinchukin Bank The lifted its holdings in Nordson by 1.9% in the third quarter. Norinchukin Bank The now owns 3,084 shares of the industrial products company’s stock valued at $700,000 after acquiring an additional 57 shares during the period. Wealth Alliance LLC boosted its position in Nordson by 5.0% in the first quarter. Wealth Alliance LLC now owns 1,393 shares of the industrial products company’s stock worth $371,000 after purchasing an additional 66 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. boosted its position in Nordson by 4.8% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,517 shares of the industrial products company’s stock worth $365,000 after purchasing an additional 69 shares during the last quarter. 72.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Nordson

In other Nordson news, EVP Jennifer L. Mcdonough sold 260 shares of Nordson stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $336.00, for a total transaction of $87,360.00. Following the transaction, the executive vice president owned 6,346 shares of the company’s stock, valued at $2,132,256. The trade was a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel Roy Hopgood sold 1,329 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total transaction of $444,271.41. Following the completion of the transaction, the executive vice president owned 4,758 shares of the company’s stock, valued at approximately $1,590,551.82. The trade was a 21.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.84% of the stock is owned by insiders.

Nordson Stock Performance

NASDAQ:NDSN opened at $314.40 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82. The stock has a 50-day simple moving average of $303.64 and a two-hundred day simple moving average of $289.08. The firm has a market capitalization of $17.51 billion, a PE ratio of 31.79, a P/E/G ratio of 2.09 and a beta of 0.97. Nordson Corporation has a 52-week low of $220.06 and a 52-week high of $339.12.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, topping the consensus estimate of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The firm had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. During the same quarter last year, the company earned $2.73 earnings per share. The business’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. Analysts forecast that Nordson Corporation will post 11.83 EPS for the current year.

Nordson Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, September 10th. This is a positive change from Nordson’s previous quarterly dividend of $0.82. Nordson’s dividend payout ratio (DPR) is 33.16%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on NDSN. KeyCorp reaffirmed a “buy” rating on shares of Nordson in a research report on Thursday, August 20th. BNP Paribas Exane raised their price objective on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. DA Davidson restated a “buy” rating and set a $345.00 target price on shares of Nordson in a research report on Thursday, August 20th. Robert W. Baird upped their target price on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a report on Friday, August 21st. Finally, Oppenheimer increased their price target on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus 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.