Nordson (NASDAQ:NDSN) EVP Sells $6,669,174.12 in Stock

Nordson Corporation (NASDAQ:NDSN) EVP Joseph Kelley sold 23,052 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $289.31, for a total transaction of $6,669,174.12. Following the sale, the executive vice president directly owned 7,559 shares of the company’s stock, valued at approximately $2,186,894.29. This trade represents a 75.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Nordson Price Performance

NASDAQ:NDSN traded down $3.99 during mid-day trading on Wednesday, reaching $290.83. The stock had a trading volume of 337,563 shares, compared to its average volume of 454,542. Nordson Corporation has a 12 month low of $165.03 and a 12 month high of $305.28. The stock has a market capitalization of $16.22 billion, a PE ratio of 31.41, a P/E/G ratio of 1.96 and a beta of 1.01. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. The stock has a 50-day simple moving average of $268.39 and a two-hundred day simple moving average of $243.13.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.01. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The firm had revenue of $669.46 million during the quarter, compared to analysts’ expectations of $652.68 million. During the same period in the prior year, the company earned $2.06 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. On average, equities analysts anticipate that Nordson Corporation will post 10.2 earnings per share for the current year.

Nordson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Wednesday, December 17th. Nordson’s payout ratio is currently 35.42%.

Hedge Funds Weigh In On Nordson

Hedge funds have recently modified their holdings of the business. Private Trust Co. NA grew its stake in shares of Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 51 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in Nordson during the 2nd quarter worth about $31,000. Quent Capital LLC acquired a new position in Nordson during the 3rd quarter worth about $32,000. NewSquare Capital LLC increased its stake in shares of Nordson by 212.0% in the second quarter. NewSquare Capital LLC now owns 156 shares of the industrial products company’s stock valued at $33,000 after buying an additional 106 shares during the period. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Nordson in the second quarter valued at about $34,000. Institutional investors and hedge funds own 72.11% of the company’s stock.

Analyst Upgrades and Downgrades

NDSN has been the topic of a number of research analyst reports. Robert W. Baird raised their price target on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. KeyCorp raised their target price on shares of Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a research report on Thursday, February 19th. Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 target price on shares of Nordson in a research note on Monday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. Finally, DA Davidson set a $335.00 price objective on Nordson in a research report on Monday. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Nordson currently has an average rating of “Moderate Buy” and a consensus price target of $311.50.

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.