Nordson (NASDAQ:NDSN) Sets New 52-Week High – Should You Buy?

Nordson Corporation (NASDAQ:NDSN) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $301.29 and last traded at $300.9250, with a volume of 192512 shares. The stock had previously closed at $296.93.

Analyst Upgrades and Downgrades

Several brokerages have commented on NDSN. Robert W. Baird increased their price target on Nordson from $252.00 to $275.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. Vertical Research upgraded shares of Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price on the stock in a report on Monday, December 15th. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Finally, KeyCorp lifted their price objective on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $266.29.

Nordson Stock Up 0.8%

The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56. The business’s fifty day moving average price is $262.66 and its 200 day moving average price is $240.27. The company has a market capitalization of $16.67 billion, a P/E ratio of 35.09, a P/E/G ratio of 2.05 and a beta of 1.01.

Nordson (NASDAQ:NDSN) last released its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.93 by $0.10. The firm had revenue of $751.82 million during the quarter, compared to analyst estimates of $761.03 million. Nordson had a return on equity of 19.64% and a net margin of 17.35%.The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.78 earnings per share. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. As a group, equities research analysts predict that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th were paid a $0.82 dividend. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. Nordson’s payout ratio is currently 38.45%.

Hedge Funds Weigh In On Nordson

Several large investors have recently made changes to their positions in NDSN. SummitTX Capital L.P. bought a new stake in Nordson during the 4th quarter worth about $886,000. Occudo Quantitative Strategies LP acquired a new position in Nordson in the fourth quarter valued at approximately $1,128,000. Oxford Asset Management LLP bought a new position in Nordson in the fourth quarter valued at approximately $2,340,000. Millennium Management LLC grew its holdings in Nordson by 16.8% during the 4th quarter. Millennium Management LLC now owns 691,824 shares of the industrial products company’s stock worth $166,335,000 after acquiring an additional 99,439 shares during the period. Finally, Man Group plc raised its position in shares of Nordson by 33.5% during the 4th quarter. Man Group plc now owns 22,481 shares of the industrial products company’s stock valued at $5,405,000 after acquiring an additional 5,637 shares during the last quarter. Institutional investors and hedge funds own 72.11% of the company’s stock.

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.