Nordson (NASDAQ:NDSN) Releases Earnings Results

Nordson (NASDAQ:NDSN) announced its quarterly earnings data on Wednesday. The industrial products company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.09 by $0.16, FiscalAI reports. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. Nordson updated its FY 2026 guidance to 11.800-12.000 EPS.

Nordson Price Performance

Shares of NASDAQ:NDSN traded up $5.71 on Wednesday, reaching $309.92. The company’s stock had a trading volume of 601,196 shares, compared to its average volume of 390,985. The company has a 50-day simple moving average of $296.34 and a 200 day simple moving average of $286.09. Nordson has a 52-week low of $213.23 and a 52-week high of $315.68. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60. The company has a market cap of $17.27 billion, a P/E ratio of 33.04, a PEG ratio of 2.05 and a beta of 0.96.

Nordson Announces Dividend

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

Institutional Investors Weigh In On Nordson

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC lifted its stake in Nordson by 61.9% in the third 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. Corient Private Wealth LLC grew its stake in shares of Nordson by 3,401.2% during the fourth quarter. Corient Private Wealth LLC now owns 191,096 shares of the industrial products company’s stock valued at $45,945,000 after buying an additional 185,638 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Nordson by 24.0% in the fourth quarter. JPMorgan Chase & Co. now owns 891,016 shares of the industrial products company’s stock worth $214,227,000 after buying an additional 172,400 shares during the period. State Street Corp lifted 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 acquiring an additional 133,229 shares during the last quarter. Finally, Danske Bank A S bought a new stake in shares of Nordson during the 3rd quarter worth approximately $23,854,000. 72.11% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

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.