Nordson Corporation $NDSN Shares Sold by Andra AP fonden

Key Points

• Andra AP fonden reduced its Nordson stake by 16.4% in the second quarter, selling 9,620 shares and retaining 49,106 shares valued at approximately $14.8 million. Institutional investors and hedge funds collectively own 72.11% of the company.
• Nordson exceeded quarterly expectations with $3.25 in EPS and $817.67 million in revenue, while revenue increased 10.3% year over year. The company issued fiscal 2026 EPS guidance of $11.80–$12.00.
• Nordson raised its quarterly dividend from $0.82 to $0.94 per share, implying an annualized yield of about 1.2%. Analysts maintain a “Moderate Buy” consensus with an average price target of $326.57.

Andra AP fonden lessened its stake in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) by 16.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,106 shares of the industrial products company's stock after selling 9,620 shares during the quarter. Andra AP fonden owned 0.09% of Nordson worth $14,815,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Bank of Nova Scotia purchased a new stake in shares of Nordson in the 2nd quarter valued at $3,908,000. Jackson Creek Investment Advisors LLC purchased a new position in Nordson during the 4th quarter valued at about $1,426,000. Reflection Asset Management purchased a new position in Nordson during the 4th quarter valued at about $1,460,000. Allworth Financial LP acquired a new position in Nordson in the 2nd quarter valued at about $3,462,000. Finally, Jefferies Financial Group Inc. purchased a new stake in Nordson during the fourth quarter worth about $4,626,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Nordson Price Performance

Nordson stock opened at $319.67 on Wednesday. The company has a current ratio of 1.82, a quick ratio of 1.18 and a debt-to-equity ratio of 0.47. The company has a fifty day simple moving average of $309.94 and a 200-day simple moving average of $291.25. The stock has a market cap of $17.81 billion, a P/E ratio of 32.32, a price-to-earnings-growth ratio of 2.04 and a beta of 0.97. Nordson Corporation has a 12-month low of $220.47 and a 12-month high of $339.12.

Nordson (NASDAQ:NDSN - Get Free Report) last posted its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.09 by $0.16. The firm 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%.Nordson's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Equities analysts expect that Nordson Corporation will post 11.83 EPS for the current fiscal year.

Nordson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.94 per share. The ex-dividend date of this dividend is Thursday, September 10th. This is an increase from Nordson's previous quarterly dividend of $0.82. This represents a $3.76 dividend on an annualized basis and a yield of 1.2%. Nordson's dividend payout ratio is 38.02%.

Insider Transactions at Nordson

In other news, EVP Jennifer McDonough sold 260 shares of the business's 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 completion of the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Joseph M. Rutledge sold 684 shares of the company's stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $309.38, for a total transaction of $211,615.92. Following the completion of the transaction, the chief accounting officer owned 2,134 shares of the company's stock, valued at approximately $660,216.92. The trade was a 24.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 2,273 shares of company stock worth $743,247. 0.84% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

NDSN has been the subject of a number of research reports. Weiss Ratings upgraded shares of Nordson from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, September 2nd. Wall Street Zen downgraded shares of Nordson from a "buy" rating to a "hold" rating in a research note on Sunday, September 13th. Oppenheimer increased their price objective on Nordson from $335.00 to $370.00 and gave the company an "outperform" rating in a research note on Friday, August 21st. Robert W. Baird boosted their target price on Nordson from $328.00 to $351.00 and gave the stock a "neutral" rating in a research note on Friday, August 21st. Finally, DA Davidson restated a "buy" rating and set a $345.00 price target on shares of Nordson in a report on Thursday, August 20th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $326.57.

About Nordson

Nordson Corporation is a global manufacturer of precision dispensing, coating, and fluid-management equipment. Its systems apply adhesives, sealants, coatings, and other materials with controlled accuracy in manufacturing and packaging processes. The company also produces related pumps, valves, nozzles, controls, and inspection technologies.

Nordson serves a broad range of end markets, including packaging, consumer products, electronics, semiconductors, automotive, medical devices, and other industrial applications.

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