Hsbc Holdings PLC Increases Holdings in Nordson Corporation $NDSN

Key Points

• Hsbc Holdings PLC increased its Nordson position by 35.7% in the second quarter, owning 131,447 shares valued at approximately $39.7 million. Institutional investors collectively hold 72.11% of Nordson’s outstanding stock.
• Nordson exceeded quarterly expectations, reporting $3.25 in EPS and $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.
• Nordson raised its quarterly dividend to $0.94 per share, representing an annualized dividend of $3.76 and a 1.2% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $326.57.

Hsbc Holdings PLC grew its position in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) by 35.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,447 shares of the industrial products company's stock after buying an additional 34,564 shares during the quarter. Hsbc Holdings PLC owned 0.24% of Nordson worth $39,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clearstead Trust LLC bought a new position in Nordson in the second quarter valued at about $25,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Nordson during the 2nd quarter valued at about $30,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Nordson during the 2nd quarter valued at about $31,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Nordson during the 2nd quarter valued at about $33,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Nordson in the 2nd quarter worth approximately $34,000. 72.11% of the stock is currently owned by hedge funds and other institutional investors.

Nordson Price Performance

NDSN stock opened at $318.36 on Tuesday. The business's 50-day moving average price is $304.97 and its 200-day moving average price is $289.67. The stock has a market cap of $17.73 billion, a P/E ratio of 32.19, a PEG ratio of 2.07 and a beta of 0.97. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. Nordson Corporation has a twelve month low of $220.47 and a twelve month high of $339.12.

Nordson (NASDAQ:NDSN - Get Free Report) last released its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, topping 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 company had revenue of $817.67 million during the quarter, compared to analyst estimates of $779.49 million. During the same period in the prior year, the firm posted $2.73 EPS. The firm's quarterly 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. On average, equities research analysts forecast that Nordson Corporation will post 11.83 EPS for the current year.

Nordson Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Nordson's previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, September 10th. Nordson's dividend payout ratio is currently 33.16%.

Insider Buying and Selling at Nordson

In related news, EVP Jennifer McDonough sold 260 shares of Nordson stock in a transaction 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 in the company, valued at approximately $2,132,256. The trade was a 3.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel Hopgood sold 1,329 shares of the company's stock in a transaction 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 directly owned 4,758 shares of the company's stock, valued at $1,590,551.82. This represents a 21.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.84% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on NDSN shares. 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. 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. 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. Weiss Ratings upgraded shares of Nordson from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, September 2nd. Finally, DA Davidson reissued a "buy" rating and set a $345.00 price objective on shares of Nordson in a research report on Thursday, August 20th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently 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.

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