AlphaQuest LLC Has $4.31 Million Stock Holdings in Nordson Corporation $NDSN

AlphaQuest LLC raised its stake in Nordson Corporation (NASDAQ:NDSN) by 1,718.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 17,932 shares of the industrial products company’s stock after purchasing an additional 16,946 shares during the quarter. Nordson makes up 0.2% of AlphaQuest LLC’s holdings, making the stock its 24th largest position. AlphaQuest LLC’s holdings in Nordson were worth $4,311,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Nordson by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock valued at $1,504,515,000 after buying an additional 186,480 shares during the period. State Street Corp increased its stake in shares of Nordson by 4.7% during the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after purchasing an additional 133,229 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Nordson by 110.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock worth $163,093,000 after purchasing an additional 376,395 shares during the last quarter. Millennium Management LLC increased its stake in shares of Nordson by 61.9% during the 3rd quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock worth $134,442,000 after purchasing an additional 226,514 shares during the last quarter. Finally, M&T Bank Corp increased its stake in shares of Nordson by 10,127.9% during the 4th quarter. M&T Bank Corp now owns 586,877 shares of the industrial products company’s stock worth $141,103,000 after purchasing an additional 581,139 shares during the last quarter. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson Price Performance

NASDAQ NDSN opened at $289.90 on Tuesday. The company has a current ratio of 2.60, a quick ratio of 1.74 and a debt-to-equity ratio of 0.57. The company has a fifty day simple moving average of $275.41 and a 200 day simple moving average of $264.83. The company has a market cap of $16.17 billion, a P/E ratio of 30.91, a P/E/G ratio of 1.94 and a beta of 0.99. Nordson Corporation has a 1 year low of $191.99 and a 1 year high of $305.28.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $728.78 million. During the same period in the prior year, the firm earned $2.42 EPS. The business’s revenue was up 8.5% on a year-over-year basis. 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, sell-side analysts predict that Nordson Corporation will post 11.51 EPS for the current year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Thursday, March 19th were issued a $0.82 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. Nordson’s dividend payout ratio is 34.97%.

Insiders Place Their Bets

In other Nordson news, EVP Justin E. Hall sold 716 shares of the stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $275.82, for a total value of $197,487.12. Following the completion of the sale, the executive vice president directly owned 1,515 shares of the company’s stock, valued at $417,867.30. This represents a 32.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Srinivas Subramanian sold 3,100 shares of the stock in a transaction on 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 sale, the executive vice president directly owned 6,407 shares of the company’s stock, valued at approximately $1,793,960. This trade represents a 32.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.84% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on NDSN. Jefferies Financial Group restated a “hold” rating and set a $300.00 price target on shares of Nordson in a research note on Monday, February 23rd. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. DA Davidson restated a “buy” rating and set a $335.00 price target on shares of Nordson in a research note on Thursday, May 21st. Finally, BNP Paribas Exane increased their price target on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research note on Friday. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Nordson has a consensus rating of “Moderate Buy” and a consensus target price of $308.43.

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.