Equitable Holdings Inc. Makes New Investment in Nordson Corporation $NDSN

Equitable Holdings Inc. bought a new position in Nordson Corporation (NASDAQ:NDSN) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,524 shares of the industrial products company’s stock, valued at approximately $761,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Arrowstreet Capital Limited Partnership increased its stake in shares of Nordson by 314.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock worth $2,335,000 after acquiring an additional 8,268 shares during the period. Marshall Wace LLP acquired a new stake in Nordson in the second quarter valued at about $8,594,000. Cerity Partners LLC increased its position in Nordson by 23.6% during the 2nd quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock worth $3,027,000 after purchasing an additional 2,692 shares during the period. Daiwa Securities Group Inc. lifted its holdings in shares of Nordson by 2.4% in the 2nd 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 boosted its stake in shares of Nordson by 4.7% in 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 in the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Insider Transactions at Nordson

In other Nordson news, EVP Daniel Roy Hopgood sold 1,329 shares of the 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 owned 4,758 shares of the company’s stock, valued at $1,590,551.82. This represents a 21.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Jennifer L. Mcdonough sold 260 shares of the 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 transaction, the executive vice president owned 6,346 shares in the company, valued at $2,132,256. This trade represents a 3.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.84% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. KeyCorp reissued a “buy” rating on shares of Nordson in a research note on Thursday, August 20th. BNP Paribas Exane upped their price target on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Oppenheimer raised their price objective on Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a research note on Friday, August 21st. Finally, Robert W. Baird increased their price objective on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $326.57.

Nordson Stock Performance

NASDAQ NDSN opened at $324.59 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. Nordson Corporation has a fifty-two week low of $220.06 and a fifty-two week high of $339.12. The business has a fifty day moving average of $302.64 and a 200-day moving average of $288.78. The stock has a market cap of $18.08 billion, a price-to-earnings ratio of 32.82, a price-to-earnings-growth ratio of 2.11 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating analysts’ consensus estimates of $3.09 by $0.16. The business had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, analysts predict that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.94 per share. The ex-dividend date of this dividend is Thursday, September 10th. 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. Nordson’s dividend payout ratio is 33.16%.

Key Headlines Impacting Nordson

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Nordson declared a quarterly dividend of $0.94 per share, payable October 2 to shareholders of record September 10. The payout is 14.6% higher than the previous $0.82 dividend, signaling management’s confidence in cash-flow generation and enhancing the stock’s appeal to income-focused investors. Nordson raises dividend by 14.6% to $0.94
• Positive Sentiment: Recent momentum reflects Nordson’s solid operating performance. The company’s latest quarter exceeded earnings and revenue expectations, with EPS of $3.25 versus $3.09 expected and revenue growth of 10.3% year over year. Analysts remain constructive, including an Oppenheimer price-target increase to $370 and a consensus rating of “Moderate Buy.” What Makes Nordson a Strong Momentum Stock
• Neutral Sentiment: NDSN recently set a new 12-month high, highlighting strong momentum but also increasing the possibility of profit-taking after a substantial advance. Nordson Sets New 12-Month High
• Negative Sentiment: Two Nordson executives reported stock sales. EVP Daniel Roy Hopgood sold 1,329 shares worth approximately $444,000, reducing his holdings by 21.83%; EVP Jennifer McDonough sold 260 shares worth about $87,000. These transactions may weigh on sentiment, particularly with the stock near its recent high, although insider sales do not necessarily indicate deteriorating business fundamentals. Nordson Insider Selling

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.