Quantinno Capital Management LP Acquires 89,021 Shares of Nordson Corporation $NDSN

Quantinno Capital Management LP lifted its holdings in shares of Nordson Corporation (NASDAQ:NDSN) by 176.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 139,477 shares of the industrial products company’s stock after purchasing an additional 89,021 shares during the quarter. Quantinno Capital Management LP’s holdings in Nordson were worth $37,109,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. New York Life Investment Management LLC grew its holdings in shares of Nordson by 64.9% during the 4th quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock valued at $2,895,000 after purchasing an additional 4,737 shares during the last quarter. UBS Group AG lifted its stake in Nordson by 7.3% in the fourth quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock worth $104,102,000 after purchasing an additional 29,294 shares during the last quarter. Brendel Financial Advisors LLC purchased a new stake in Nordson during the fourth quarter valued at about $3,646,000. Lecap Asset Management Ltd. bought a new position in shares of Nordson during the fourth quarter valued at about $1,671,000. Finally, Jackson Creek Investment Advisors LLC purchased a new position in shares of Nordson in the fourth quarter worth about $1,426,000. Institutional investors own 72.11% of the company’s stock.

Nordson Stock Performance

Nordson stock opened at $295.23 on Friday. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. The firm has a 50-day moving average of $290.90 and a 200-day moving average of $282.61. The firm has a market cap of $16.45 billion, a P/E ratio of 31.47, a P/E/G ratio of 1.96 and a beta of 0.96. Nordson Corporation has a 1-year low of $207.08 and a 1-year high of $307.74.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The company had revenue of $740.85 million for the quarter, compared to the consensus estimate of $728.78 million. During the same quarter in the previous year, the business earned $2.42 EPS. Nordson’s revenue was up 8.5% compared to the same quarter last year. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. Sell-side analysts expect that Nordson Corporation will post 11.59 EPS for the current year.

Nordson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is currently 34.97%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. DA Davidson lifted their price target on Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Oppenheimer increased their price objective on Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Finally, BNP Paribas Exane raised their target price on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $311.29.

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.