Groupe la Francaise Makes New Investment in Nordson Corporation $NDSN

Groupe la Francaise acquired a new stake in Nordson Corporation (NASDAQ:NDSN) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,966 shares of the industrial products company’s stock, valued at approximately $593,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in NDSN. XXEC Inc. bought a new position in Nordson in the 2nd quarter valued at about $896,378,000. California State Teachers Retirement System grew its holdings in Nordson by 26,611.5% during the second quarter. California State Teachers Retirement System now owns 21,054,040 shares of the industrial products company’s stock worth $6,351,793,000 after buying an additional 20,975,220 shares in the last quarter. BlackRock Inc. purchased a new stake in Nordson in the 2nd quarter valued at $1,248,447,000. Norges Bank purchased a new stake in Nordson in the 4th quarter valued at $191,654,000. Finally, Bank of New York Mellon Corp bought a new position in Nordson during the 2nd quarter valued at $127,230,000. 72.11% of the stock is owned by institutional investors.

Nordson Stock Performance

NASDAQ:NDSN opened at $316.80 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82. Nordson Corporation has a 52-week low of $220.47 and a 52-week high of $339.12. The firm has a market cap of $17.65 billion, a price-to-earnings ratio of 32.03, a PEG ratio of 2.07 and a beta of 0.97. The business’s fifty day moving average is $305.27 and its 200 day moving average is $289.79.

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

Nordson Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be given a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from Nordson’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, September 10th. Nordson’s dividend payout ratio (DPR) is 38.02%.

Insider Buying and Selling

In other Nordson news, EVP Daniel Hopgood sold 1,329 shares of the 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 $1,590,551.82. This represents a 21.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Jennifer L. Mcdonough sold 260 shares of the firm’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $336.00, for a total transaction of $87,360.00. Following the completion of the transaction, the executive vice president directly owned 6,346 shares of the company’s stock, valued at approximately $2,132,256. The trade was a 3.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.84% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Wall Street Zen raised shares of Nordson from a “hold” rating to a “buy” rating in a report on Saturday. Oppenheimer raised 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 “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, September 2nd. DA Davidson reaffirmed a “buy” rating and issued a $345.00 price objective on shares of Nordson in a research report on Thursday, August 20th. Finally, KeyCorp reiterated a “buy” rating 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 given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $326.57.

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.