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

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

Nordson Price Performance

NDSN opened at $324.59 on Friday. The firm has a market cap of $18.08 billion, a PE ratio of 32.82, a P/E/G ratio of 2.15 and a beta of 0.96. The stock has a 50-day moving average price of $302.64 and a 200-day moving average price of $288.78. 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.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.09 by $0.16. The company had revenue of $817.67 million for 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%. Nordson’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Sell-side analysts predict that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.94 per share. The ex-dividend date is Thursday, September 10th. This is a positive change from Nordson’s previous quarterly dividend of $0.82. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.2%. Nordson’s dividend payout ratio is currently 33.16%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. BNP Paribas Exane lifted their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Oppenheimer upped their price target on Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a report on Friday, August 21st. KeyCorp reaffirmed a “buy” rating on shares of Nordson in a research report on Thursday, August 20th. Robert W. Baird lifted their price objective on Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a report on Friday, August 21st. Finally, DA Davidson reissued a “buy” rating and issued a $345.00 target price on shares of Nordson in a research report on Thursday, August 20th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Nordson presently has an average rating of “Moderate Buy” and a consensus price target of $326.57.

Nordson News Roundup

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Nordson declared a quarterly dividend of $0.94 per share, payable October 2 to shareholders of record September 10. The payout is 14.6% higher than the previous $0.82 dividend, signaling management’s confidence in cash-flow generation and enhancing the stock’s appeal to income-focused investors. Nordson raises dividend by 14.6% to $0.94
• Positive Sentiment: Recent momentum reflects Nordson’s solid operating performance. The company’s latest quarter exceeded earnings and revenue expectations, with EPS of $3.25 versus $3.09 expected and revenue growth of 10.3% year over year. Analysts remain constructive, including an Oppenheimer price-target increase to $370 and a consensus rating of “Moderate Buy.” What Makes Nordson a Strong Momentum Stock
• Neutral Sentiment: NDSN recently set a new 12-month high, highlighting strong momentum but also increasing the possibility of profit-taking after a substantial advance. Nordson Sets New 12-Month High
• Negative Sentiment: Two Nordson executives reported stock sales. EVP Daniel Roy Hopgood sold 1,329 shares worth approximately $444,000, reducing his holdings by 21.83%; EVP Jennifer McDonough sold 260 shares worth about $87,000. These transactions may weigh on sentiment, particularly with the stock near its recent high, although insider sales do not necessarily indicate deteriorating business fundamentals. Nordson Insider Selling

Hedge Funds Weigh In On Nordson

Several hedge funds and other institutional investors have recently modified their holdings of NDSN. Sound Financial Strategies Group LLC grew its holdings in shares of Nordson by 4.1% in the second quarter. Sound Financial Strategies Group LLC now owns 1,033 shares of the industrial products company’s stock worth $312,000 after acquiring an additional 41 shares during the period. Syon Capital LLC increased its position in Nordson by 4.0% during the fourth quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock valued at $255,000 after acquiring an additional 41 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in Nordson by 43.4% in the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 46 shares during the period. Norinchukin Bank The lifted its holdings in Nordson by 1.9% in the third quarter. Norinchukin Bank The now owns 3,084 shares of the industrial products company’s stock valued at $700,000 after acquiring an additional 57 shares during the period. Finally, Wealth Alliance LLC boosted its position in Nordson by 5.0% in the first quarter. Wealth Alliance LLC now owns 1,393 shares of the industrial products company’s stock worth $371,000 after purchasing an additional 66 shares during the last quarter. 72.11% of the stock is owned by institutional investors.

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.