Engineers Gate Manager LP Cuts Stake in Nordson Corporation $NDSN

Posted by Geri Gentry on Sep 13th, 2026

Engineers Gate Manager LP decreased its holdings in Nordson Corporation (NASDAQ:NDSN – Free Report) by 64.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,174 shares of the industrial products company’s stock after selling 25,609 shares during the quarter. Engineers Gate Manager LP’s holdings in Nordson were worth $4,276,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Clearstead Trust LLC purchased a new stake in Nordson in the second quarter valued at about $25,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Nordson during the second quarter valued at about $30,000. CYBER HORNET ETFs LLC acquired a new position in shares of Nordson during the second quarter valued at about $31,000. N.E.W. Advisory Services LLC purchased a new position in shares of Nordson in the 2nd quarter valued at approximately $33,000. Finally, MUFG Securities EMEA plc acquired a new stake in Nordson in the 2nd quarter worth approximately $34,000. 72.11% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NDSN has been the subject of a number of research analyst reports. Oppenheimer raised their price target on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a report on Friday, August 21st. BNP Paribas Exane upped their target price on Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. KeyCorp restated a “buy” rating on shares of Nordson in a research note on Thursday, August 20th. DA Davidson reaffirmed a “buy” rating and set a $345.00 price target on shares of Nordson in a research report on Thursday, August 20th. Finally, Weiss Ratings upgraded Nordson from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, September 2nd. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $326.57.

Read Our Latest Report on Nordson

Insider Transactions at Nordson

In other news, EVP Jennifer L. Mcdonough sold 260 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $336.00, for a total value of $87,360.00. Following the sale, the executive vice president owned 6,346 shares in the company, valued at $2,132,256. This represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel Hopgood sold 1,329 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was 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. This trade represents a 21.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.84% of the company’s stock.

Nordson Stock Performance

Shares of NASDAQ NDSN opened at $314.47 on Friday. The company has a 50 day simple moving average of $306.46 and a two-hundred day simple moving average of $290.22. The stock has a market cap of $17.52 billion, a price-to-earnings ratio of 31.80, a PEG ratio of 2.04 and a beta of 0.97. The company has a current ratio of 1.82, a quick ratio of 1.18 and a debt-to-equity ratio of 0.47. Nordson Corporation has a 12 month low of $220.47 and a 12 month high of $339.12.

Nordson (NASDAQ:NDSN – Get Free Report) last issued its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.16. The firm had revenue of $817.67 million during 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 was up 10.3% compared to the same quarter last year. During the same quarter last year, the company posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, analysts predict that Nordson Corporation will post 11.83 earnings per share for the current year.

Nordson Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders 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 is Thursday, September 10th. This is an increase from Nordson’s previous quarterly dividend of $0.82. Nordson’s dividend payout ratio (DPR) is 38.02%.

Nordson Company Profile

(Free Report)

Nordson Corporation is a global manufacturer of precision dispensing, coating, and fluid-management equipment. Its systems apply adhesives, sealants, coatings, and other materials with controlled accuracy in manufacturing and packaging processes. The company also produces related pumps, valves, nozzles, controls, and inspection technologies.

Nordson serves a broad range of end markets, including packaging, consumer products, electronics, semiconductors, automotive, medical devices, and other industrial applications.