Caisse de depot et placement du Quebec Acquires Shares of 318,185 Nordson Corporation $NDSN

Key Points

• Caisse de dépôt et placement du Québec acquired 318,185 Nordson shares worth approximately $96.0 million, representing about 0.57% of the company. Institutional investors and hedge funds collectively own 72.11% of Nordson.
• Nordson exceeded quarterly expectations, reporting $3.25 in EPS on $817.67 million in revenue, with revenue up 10.3% year over year. The company guided to fiscal 2026 EPS of $11.80–$12.00.
• Analysts maintain a generally positive view, with five Buy ratings and three Holds, producing a “Moderate Buy” consensus and an average price target of $326.57. Nordson also pays a quarterly dividend of $0.82 per share, yielding approximately 1.0%.

Caisse de depot et placement du Quebec purchased a new stake in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 318,185 shares of the industrial products company's stock, valued at approximately $95,993,000. Caisse de depot et placement du Quebec owned approximately 0.57% of Nordson as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Man Group plc bought a new position in Nordson during the second quarter valued at approximately $1,209,000. Polar Asset Management Partners Inc. bought a new stake in Nordson in the second quarter worth approximately $4,193,000. Jupiter Topco LLC acquired a new position in shares of Nordson during the 2nd quarter worth $1,337,000. Hsbc Holdings PLC acquired a new position in shares of Nordson during the 2nd quarter worth $39,689,000. Finally, Ancora Advisors LLC bought a new position in shares of Nordson during the 2nd quarter valued at $8,122,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NDSN has been the topic of a number of research analyst reports. BNP Paribas Exane raised their target price on shares of Nordson from $285.00 to $290.00 and gave the company a "neutral" rating in a research note on Friday, May 22nd. KeyCorp restated a "buy" rating on shares of Nordson in a report on Thursday, August 20th. Weiss Ratings raised Nordson from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, June 29th. DA Davidson reiterated a "buy" rating and issued a $345.00 price objective on shares of Nordson in a research note on Thursday, August 20th. Finally, Wall Street Zen cut Nordson from a "buy" rating to a "hold" rating in a research report on Saturday, June 27th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $326.57.

Nordson Trading Up 0.3%

NDSN stock opened at $334.58 on Thursday. The business has a fifty day moving average price of $301.37 and a 200 day moving average price of $288.24. Nordson Corporation has a fifty-two week low of $220.06 and a fifty-two week high of $339.12. The stock has a market capitalization of $18.64 billion, a price-to-earnings ratio of 33.83, a P/E/G ratio of 2.17 and a beta of 0.96. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.82 and a quick ratio of 1.18.

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

Nordson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.82 per share. 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 dividend payout ratio is currently 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.

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