Nordson (NASDAQ:NDSN) EVP Jennifer Mcdonough Sells 260 Shares of Stock

Nordson Corporation (NASDAQ:NDSN) EVP Jennifer Mcdonough sold 260 shares of Nordson stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $336.00, for a total transaction of $87,360.00. Following the transaction, the executive vice president directly owned 6,346 shares in the company, valued at $2,132,256. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Nordson Stock Performance

NASDAQ:NDSN opened at $330.84 on Friday. The company’s 50-day moving average is $302.06 and its two-hundred day moving average is $288.53. Nordson Corporation has a 1-year low of $220.06 and a 1-year high of $339.12. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.82 and a quick ratio of 1.18. The firm has a market capitalization of $18.43 billion, a price-to-earnings ratio of 33.45, a PEG ratio of 2.18 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 18.63% and a return on equity of 20.49%. The business’s revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Analysts forecast that Nordson Corporation will post 11.83 EPS for the current year.

Nordson Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 10th will be given a $0.94 dividend. This is an increase from Nordson’s previous quarterly dividend of $0.82. This represents a $3.76 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, September 10th. Nordson’s dividend payout ratio (DPR) is presently 33.16%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on NDSN. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. DA Davidson restated a “buy” rating and issued a $345.00 price objective on shares of Nordson in a report on Thursday, August 20th. Robert W. Baird upped their target price on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. Oppenheimer lifted 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. Finally, BNP Paribas Exane boosted their price target on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $326.57.

Institutional Investors Weigh In On Nordson

Several institutional investors and hedge funds have recently modified their holdings of the company. Clearstead Trust LLC purchased a new position in Nordson during the 2nd quarter valued at about $25,000. Keating Financial Advisory Services Inc. purchased a new stake in Nordson during the second quarter worth about $30,000. CYBER HORNET ETFs LLC purchased a new stake in Nordson during the second quarter worth about $31,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Nordson during the second quarter worth about $33,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Nordson in the second quarter valued at approximately $34,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

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.