Hsbc Holdings PLC Purchases 15,140 Shares of Nordson Corporation $NDSN

Hsbc Holdings PLC increased its position in Nordson Corporation (NASDAQ:NDSN) by 18.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 96,883 shares of the industrial products company’s stock after acquiring an additional 15,140 shares during the quarter. Hsbc Holdings PLC’s holdings in Nordson were worth $25,720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership grew its stake 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 period. Marshall Wace LLP bought a new position in shares of Nordson in the 2nd quarter worth approximately $8,594,000. Cerity Partners LLC boosted its holdings in shares of Nordson by 23.6% in the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock worth $3,027,000 after buying an additional 2,692 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of Nordson by 2.4% in the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company’s stock worth $2,221,000 after buying an additional 244 shares during the last quarter. Finally, State Street Corp grew its position in Nordson by 4.7% during 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 during the period. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Analysts Set New Price Targets

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

Nordson Trading Up 1.7%

Shares of NDSN opened at $290.07 on Wednesday. The firm has a market cap of $16.16 billion, a P/E ratio of 30.92, a price-to-earnings-growth ratio of 1.89 and a beta of 0.96. 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 1 year low of $207.08 and a 1 year high of $307.74. The company has a 50 day simple moving average of $288.42 and a two-hundred day simple moving average of $280.35.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.82 by $0.04. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm 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 firm earned $2.42 earnings per share. The company’s quarterly 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. On average, equities analysts expect that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were paid a $0.82 dividend. The ex-dividend date was Thursday, June 18th. This represents a $3.28 annualized dividend and a yield of 1.1%. Nordson’s payout ratio is presently 34.97%.

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.