Raiffeisen Bank International AG Sells 6,785 Shares of Nordson Corporation $NDSN

Key Points

• Raiffeisen Bank International AG cut its Nordson stake by 39.8% in the second quarter, selling 6,785 shares and retaining 10,261 shares worth approximately $3.1 million. Institutional investors collectively own 72.11% of Nordson.
• Nordson exceeded quarterly expectations with $3.25 earnings per share 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, representing a 1.2% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $326.57.

Raiffeisen Bank International AG trimmed its holdings in shares of Nordson Corporation (NASDAQ:NDSN - Free Report) by 39.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,261 shares of the industrial products company's stock after selling 6,785 shares during the quarter. Raiffeisen Bank International AG's holdings in Nordson were worth $3,100,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of NDSN. Arrowstreet Capital Limited Partnership increased its position in shares of Nordson by 314.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company's stock valued at $2,335,000 after purchasing an additional 8,268 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of Nordson in the 2nd quarter worth about $8,594,000. Cerity Partners LLC boosted its holdings in shares of Nordson by 23.6% in the 2nd quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company's stock worth $3,027,000 after buying an additional 2,692 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Nordson by 2.4% during the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company's stock valued at $2,221,000 after buying an additional 244 shares during the period. Finally, State Street Corp grew its position in Nordson by 4.7% during the second quarter. State Street Corp now owns 2,958,110 shares of the industrial products company's stock valued at $636,375,000 after buying an additional 133,229 shares during the period. Hedge funds and other institutional investors own 72.11% of the company's stock.

Insider Buying and Selling

In related news, EVP Daniel Hopgood sold 1,329 shares of Nordson stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total value of $444,271.41. Following the completion of the transaction, the executive vice president directly owned 4,758 shares in the company, valued at approximately $1,590,551.82. The trade was a 21.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Jennifer McDonough sold 260 shares of the business's 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 sale, the executive vice president directly owned 6,346 shares in the company, valued at $2,132,256. The trade was a 3.94% decrease in their position. The SEC filing for this sale provides additional information. 0.84% of the stock is currently owned by insiders.

Nordson Trading Up 0.3%

Shares of Nordson stock opened at $318.36 on Friday. Nordson Corporation has a 52-week low of $220.47 and a 52-week high of $339.12. The stock's 50-day simple moving average is $304.64 and its 200 day simple moving average is $289.58. The stock has a market capitalization of $17.73 billion, a P/E ratio of 32.19, a P/E/G ratio of 2.06 and a beta of 0.97. 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 issued its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, topping analysts' consensus estimates of $3.09 by $0.16. The firm had revenue of $817.67 million during the quarter, compared to analyst estimates of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The company's quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the business earned $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, research analysts anticipate that Nordson Corporation will post 11.83 EPS for the current year.

Nordson Increases Dividend

The firm 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 $0.94 dividend. This is a boost from Nordson's previous quarterly dividend of $0.82. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $3.76 annualized dividend and a yield of 1.2%. Nordson's payout ratio is 33.16%.

Wall Street Analyst Weigh In

Several analysts have commented on NDSN shares. Weiss Ratings raised shares of Nordson from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday. KeyCorp reissued a "buy" rating on shares of Nordson in a research report on Thursday, August 20th. Oppenheimer raised their price target on shares of Nordson from $335.00 to $370.00 and gave the stock an "outperform" rating in a research note on Friday, August 21st. DA Davidson reaffirmed a "buy" rating and issued a $345.00 price target on shares of Nordson in a report on Thursday, August 20th. Finally, BNP Paribas Exane upped their price objective on Nordson from $285.00 to $290.00 and gave the company a "neutral" rating in a research note on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Nordson presently 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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