Hsbc Holdings PLC Increases Position in Nordson Corporation $NDSN

Hsbc Holdings PLC boosted its position in Nordson Corporation (NASDAQ:NDSN) by 9.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 81,743 shares of the industrial products company’s stock after acquiring an additional 7,245 shares during the quarter. Hsbc Holdings PLC’s holdings in Nordson were worth $19,685,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership increased its position in shares of Nordson by 314.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock valued at $2,335,000 after purchasing an additional 8,268 shares during the last quarter. Marshall Wace LLP bought a new position in Nordson during the second quarter valued at approximately $8,594,000. Cerity Partners LLC raised its stake in shares of Nordson by 23.6% during the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock worth $3,027,000 after acquiring an additional 2,692 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake 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 purchasing an additional 244 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Nordson by 4.7% in the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock valued at $636,375,000 after purchasing an additional 133,229 shares in the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Insider Activity at Nordson

In related news, EVP Srinivas Subramanian sold 3,100 shares of Nordson stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $280.00, for a total transaction of $868,000.00. Following the completion of the transaction, the executive vice president directly owned 6,407 shares of the company’s stock, valued at $1,793,960. This trade represents a 32.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.84% of the company’s stock.

Analysts Set New Price Targets

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

Nordson Stock Performance

Shares of NDSN opened at $285.92 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. Nordson Corporation has a one year low of $207.08 and a one year high of $307.74. The company has a 50-day simple moving average of $287.59 and a two-hundred day simple moving average of $277.16. The firm has a market capitalization of $15.93 billion, a PE ratio of 30.48, a price-to-earnings-growth ratio of 1.95 and a beta of 0.96.

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

Nordson Announces Dividend

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

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.