Nykredit A S Acquires New Position in Nordson Corporation $NDSN

Key Points

• Nykredit A/S acquired 15,118 Nordson shares worth approximately $4.56 million during the second quarter. Institutional investors collectively own 72.11% of the company.
• Nordson exceeded quarterly expectations, reporting $3.25 in EPS and $817.67 million in revenue, with revenue rising 10.3% year over year. The company set fiscal 2026 EPS guidance at $11.80–$12.00.
• Nordson increased its quarterly dividend to $0.94, or $3.76 annually, representing a 1.2% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $326.57.

Nykredit A S purchased a new position in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,118 shares of the industrial products company's stock, valued at approximately $4,561,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. XXEC Inc. purchased a new position in Nordson in the second quarter valued at about $896,378,000. BlackRock Inc. purchased a new position in Nordson during the second quarter valued at approximately $1,248,447,000. Goldman Sachs Group Inc. raised its position in shares of Nordson by 12.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 851,679 shares of the industrial products company's stock worth $204,769,000 after acquiring an additional 97,416 shares during the period. Norges Bank acquired a new stake in Nordson in the 4th quarter valued at $191,654,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Nordson by 3.6% during the first quarter. Dimensional Fund Advisors LP now owns 453,962 shares of the industrial products company's stock valued at $120,752,000 after acquiring an additional 15,912 shares during the last quarter. Institutional investors own 72.11% of the company's stock.

Insider Buying and Selling at Nordson

In related news, 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 transaction, the executive vice president directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jennifer McDonough sold 260 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was 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 of the company's stock, valued at approximately $2,132,256. The trade was a 3.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,273 shares of company stock valued at $743,247 in the last three months. 0.84% of the stock is currently owned by company insiders.

Nordson Trading Up 0.9%

NASDAQ NDSN opened at $314.35 on Tuesday. The firm has a market capitalization of $17.51 billion, a PE ratio of 31.78, a price-to-earnings-growth ratio of 2.03 and a beta of 0.97. The company has a 50-day simple moving average of $309.28 and a 200-day simple moving average of $291.03. Nordson Corporation has a one year low of $220.47 and a one year high of $339.12. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82.

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 analysts' expectations of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The firm's revenue was up 10.3% compared to the same quarter last year. During the same period last year, the firm earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, equities analysts forecast that Nordson Corporation will post 11.83 earnings per share for the current year.

Nordson Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. KeyCorp reissued a "buy" rating on shares of Nordson in a research note on Thursday, August 20th. Weiss Ratings raised Nordson from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday, September 2nd. Oppenheimer lifted their target price on shares of Nordson from $335.00 to $370.00 and gave the company an "outperform" rating in a report on Friday, August 21st. Robert W. Baird lifted their price target on shares of Nordson from $328.00 to $351.00 and gave the company a "neutral" rating in a research report on Friday, August 21st. Finally, Wall Street Zen lowered Nordson from a "buy" rating to a "hold" rating in a research note on Sunday, September 13th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $326.57.

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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