Nordson (NASDAQ:NDSN) EVP Daniel Roy Hopgood Sells 1,329 Shares

Nordson Corporation (NASDAQ:NDSN) EVP Daniel Roy Hopgood sold 1,329 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total transaction of $444,271.41. Following the transaction, the executive vice president directly owned 4,758 shares in the company, valued at approximately $1,590,551.82. The trade was a 21.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Nordson Trading Down 0.6%

Shares of NASDAQ:NDSN traded down $2.06 on Thursday, hitting $332.51. The company had a trading volume of 108,315 shares, compared to its average volume of 396,319. The firm’s 50-day simple moving average is $301.37 and its two-hundred day simple moving average is $288.24. The firm has a market capitalization of $18.52 billion, a price-to-earnings ratio of 33.65, a P/E/G ratio of 2.17 and a beta of 0.96. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. Nordson Corporation has a 1 year low of $220.06 and a 1 year high of $339.12.

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, beating the consensus estimate of $3.09 by $0.16. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The company had revenue of $817.67 million for the quarter, compared to analysts’ expectations of $779.49 million. During the same quarter in the previous year, the company earned $2.73 earnings per share. Nordson’s quarterly revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Equities analysts anticipate that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were given a dividend of $0.82 per share. The ex-dividend date was Thursday, June 18th. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. Nordson’s payout ratio is currently 33.16%.

Institutional Investors Weigh In On Nordson

Large investors have recently added to or reduced their stakes in the stock. Bank of Nova Scotia bought a new stake in shares of Nordson in the second quarter valued at about $3,908,000. New York Life Investment Management LLC raised its holdings in Nordson by 64.9% in the fourth quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock worth $2,895,000 after purchasing an additional 4,737 shares in the last quarter. UBS Group AG grew its holdings in Nordson by 7.3% in the fourth quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock worth $104,102,000 after purchasing an additional 29,294 shares during the last quarter. Jackson Creek Investment Advisors LLC purchased a new stake in shares of Nordson during the fourth quarter worth about $1,426,000. Finally, Jennison Associates LLC grew its stake in shares of Nordson by 539.2% during the fourth quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock worth $60,673,000 after acquiring an additional 212,876 shares during the last quarter. Institutional investors own 72.11% of the company’s stock.

Analyst Ratings Changes

NDSN has been the subject of a number of research reports. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Oppenheimer upped their target price on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Robert W. Baird increased their price target on shares of Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Finally, KeyCorp reissued a “buy” rating on shares of Nordson in a research note on Thursday, August 20th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $326.57.

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.