Polar Asset Management Partners Inc. Has $9.02 Million Stock Position in Nordson Corporation $NDSN

Polar Asset Management Partners Inc. boosted its holdings in Nordson Corporation (NASDAQ:NDSN) by 67.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 39,754 shares of the industrial products company’s stock after acquiring an additional 15,954 shares during the period. Polar Asset Management Partners Inc.’s holdings in Nordson were worth $9,022,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of NDSN. Mitchell & Pahl Private Wealth LLC lifted its position in Nordson by 0.9% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 4,770 shares of the industrial products company’s stock worth $1,083,000 after purchasing an additional 43 shares during the period. Bessemer Group Inc. lifted its stake in Nordson by 12.0% during the third quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock worth $98,000 after purchasing an additional 46 shares during the last quarter. Argent Trust Co boosted its holdings in shares of Nordson by 3.6% in the 3rd quarter. Argent Trust Co now owns 1,325 shares of the industrial products company’s stock valued at $301,000 after purchasing an additional 46 shares in the last quarter. Elevation Point Wealth Partners LLC boosted its holdings in shares of Nordson by 3.5% in the 2nd quarter. Elevation Point Wealth Partners LLC now owns 1,436 shares of the industrial products company’s stock valued at $308,000 after purchasing an additional 48 shares in the last quarter. Finally, Ensign Peak Advisors Inc increased its stake in shares of Nordson by 0.4% in the 2nd quarter. Ensign Peak Advisors Inc now owns 13,931 shares of the industrial products company’s stock valued at $2,986,000 after purchasing an additional 50 shares during the last quarter. 72.11% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on NDSN shares. Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Oppenheimer lifted their target price on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. KeyCorp increased their target price on shares of Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Finally, Robert W. Baird raised their price target on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $311.50.

Nordson Stock Down 1.3%

Shares of NDSN opened at $267.55 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72. Nordson Corporation has a 52 week low of $165.03 and a 52 week high of $305.28. The stock has a market capitalization of $14.92 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 1.84 and a beta of 0.98. The stock has a fifty day moving average of $279.72 and a 200-day moving average of $249.55.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The business had revenue of $669.46 million for the quarter, compared to analyst estimates of $652.68 million. During the same quarter in the previous year, the company posted $2.06 EPS. Nordson’s quarterly revenue was up 8.8% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, sell-side analysts anticipate that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, March 19th. Nordson’s payout ratio is 35.42%.

Insider Activity

In other news, CEO Sundaram Nagarajan sold 41,800 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total value of $12,258,268.00. Following the completion of the transaction, the chief executive officer owned 64,824 shares of the company’s stock, valued at $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Joseph P. Kelley sold 8,725 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $293.04, for a total transaction of $2,556,774.00. Following the completion of the transaction, the executive vice president owned 7,268 shares of the company’s stock, valued at approximately $2,129,814.72. This trade represents a 54.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 73,577 shares of company stock worth $21,484,216. Company insiders own 0.84% of the company’s stock.

Nordson 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.