Two Sigma Securities LLC Takes $836,000 Position in Nordson Corporation $NDSN

Two Sigma Securities LLC bought a new stake in shares of Nordson Corporation (NASDAQ:NDSN) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,770 shares of the industrial products company’s stock, valued at approximately $836,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Clearstead Trust LLC bought a new stake in Nordson in the second quarter valued at approximately $25,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Nordson during the second quarter valued at approximately $30,000. CYBER HORNET ETFs LLC bought a new position in shares of Nordson in the second quarter worth approximately $31,000. N.E.W. Advisory Services LLC purchased a new position in shares of Nordson in the second quarter worth $33,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Nordson in the second quarter worth $34,000. 72.11% of the stock is currently owned by institutional investors.

Nordson Price Performance

Shares of Nordson stock opened at $314.40 on Wednesday. The business has a 50 day moving average of $303.64 and a 200 day moving average of $289.08. Nordson Corporation has a 52 week low of $220.06 and a 52 week high of $339.12. The company has a market cap of $17.51 billion, a PE ratio of 31.79, a P/E/G ratio of 2.09 and a beta of 0.97. 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 (NASDAQ:NDSN) last released its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.16. The business had revenue of $817.67 million for the quarter, compared to analysts’ expectations of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, equities research analysts forecast that Nordson Corporation will post 11.83 earnings per share for the current year.

Nordson Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, September 10th. This is a positive change from Nordson’s previous quarterly dividend of $0.82. Nordson’s payout ratio is presently 33.16%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on NDSN. Oppenheimer increased their price target on shares of Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a research report on Friday, August 21st. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. KeyCorp reaffirmed a “buy” rating on shares of Nordson in a research note on Thursday, August 20th. BNP Paribas Exane increased 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. Finally, DA Davidson reissued a “buy” rating and issued a $345.00 target price on shares of Nordson in a research note on Thursday, August 20th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $326.57.

Insider Activity

In other Nordson news, EVP Jennifer L. Mcdonough sold 260 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $336.00, for a total value of $87,360.00. Following the completion of the sale, the executive vice president directly 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. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Daniel Roy 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 sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.84% of the stock is owned by insiders.

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.