13,900 Shares in Nordson Corporation $NDSN Acquired by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. bought a new position in Nordson Corporation (NASDAQ:NDSN) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 13,900 shares of the industrial products company’s stock, valued at approximately $4,193,000.

A number of other large investors also recently made changes to their positions in NDSN. Syon Capital LLC increased its stake in Nordson by 4.0% in the fourth quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock valued at $255,000 after purchasing an additional 41 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in Nordson by 43.4% in the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after buying an additional 46 shares during the last quarter. Norinchukin Bank The grew its holdings in Nordson by 1.9% in the 3rd quarter. Norinchukin Bank The now owns 3,084 shares of the industrial products company’s stock valued at $700,000 after buying an additional 57 shares during the period. Wealth Alliance LLC grew its holdings in Nordson by 5.0% in the 1st quarter. Wealth Alliance LLC now owns 1,393 shares of the industrial products company’s stock valued at $371,000 after buying an additional 66 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of Nordson by 4.8% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,517 shares of the industrial products company’s stock valued at $365,000 after acquiring an additional 69 shares during the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Stock Down 0.1%

NDSN opened at $333.58 on Wednesday. Nordson Corporation has a 1 year low of $220.06 and a 1 year high of $338.55. The firm has a 50 day moving average price of $300.48 and a 200 day moving average price of $287.87. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82. The company has a market cap of $18.58 billion, a PE ratio of 33.73, a price-to-earnings-growth ratio of 2.17 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.16. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The firm had revenue of $817.67 million for the quarter, compared to analysts’ expectations of $779.49 million. During the same period in the previous year, the company posted $2.73 earnings per share. Nordson’s 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. Sell-side analysts expect that Nordson Corporation will post 11.83 earnings per share for the current year.

Nordson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were issued a dividend of $0.82 per share. The ex-dividend date was Thursday, June 18th. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. Nordson’s payout ratio is presently 33.16%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. BNP Paribas Exane upped their price target on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. 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 report on Friday, August 21st. KeyCorp reissued a “buy” rating on shares of Nordson in a research note on Thursday, August 20th. Finally, Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Nordson presently has a consensus rating of “Moderate Buy” and an average target price of $326.57.

About Nordson

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.