Nordson Corporation $NDSN Shares Sold by Squarepoint Ops LLC

Key Points

• Squarepoint Ops LLC cut its Nordson stake by 84.9% in the second quarter, selling 14,217 shares and retaining 2,521 shares valued at approximately $761,000.
• Nordson reported quarterly EPS of $3.25, beating estimates of $3.09, while revenue rose 10.3% year over year to $817.67 million. The company issued fiscal 2026 EPS guidance of $11.80–$12.00.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $326.57, and Nordson increased its quarterly dividend from $0.82 to $0.94 per share, representing a 1.2% yield.

Squarepoint Ops LLC reduced its holdings in Nordson Corporation (NASDAQ:NDSN - Free Report) by 84.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,521 shares of the industrial products company's stock after selling 14,217 shares during the quarter. Squarepoint Ops LLC's holdings in Nordson were worth $761,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. XXEC Inc. acquired a new position in Nordson in the second quarter worth approximately $896,378,000. BlackRock Inc. acquired a new stake in shares of Nordson during the 2nd quarter valued at $1,248,447,000. Norges Bank bought a new stake in shares of Nordson during the 4th quarter worth $191,654,000. Bank of New York Mellon Corp bought a new stake in shares of Nordson during the 2nd quarter worth $127,230,000. Finally, Caisse de depot et placement du Quebec acquired a new position in shares of Nordson in the 2nd quarter worth $95,993,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Nordson

In other Nordson news, CAO Joseph M. Rutledge sold 684 shares of the company's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $309.38, for a total value of $211,615.92. Following the transaction, the chief accounting officer directly owned 2,134 shares of the company's stock, valued at $660,216.92. This represents a 24.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Jennifer McDonough sold 260 shares of the firm's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $336.00, for a total value of $87,360.00. Following the sale, the executive vice president directly owned 6,346 shares of the company's stock, valued at $2,132,256. This trade represents a 3.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 2,273 shares of company stock valued at $743,247. Insiders own 0.84% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Robert W. Baird upped their target price on Nordson from $328.00 to $351.00 and gave the company a "neutral" rating in a report on Friday, August 21st. Weiss Ratings raised Nordson from a "buy (b-)" rating to a "buy (b)" rating in a research note on Wednesday, September 2nd. KeyCorp restated a "buy" rating on shares of Nordson in a report on Thursday, August 20th. DA Davidson reaffirmed a "buy" rating and set a $345.00 price objective on shares of Nordson in a research note on Thursday, August 20th. Finally, BNP Paribas Exane raised their target price on shares of Nordson from $285.00 to $290.00 and gave the stock a "neutral" rating in a report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $326.57.

Nordson Price Performance

NASDAQ NDSN opened at $311.57 on Friday. The company has a 50 day simple moving average of $308.73 and a 200-day simple moving average of $290.85. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.82 and a quick ratio of 1.18. The firm has a market capitalization of $17.35 billion, a price-to-earnings ratio of 31.50, a price-to-earnings-growth ratio of 2.03 and a beta of 0.97. Nordson Corporation has a 52-week low of $220.47 and a 52-week high of $339.12.

Nordson (NASDAQ:NDSN - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $817.67 million during the quarter, compared to analysts' expectations of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The firm's quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Equities research analysts predict that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

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

Nordson Company Profile

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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