Nordson (NASDAQ:NDSN) Reaches New 1-Year High – Here’s What Happened

Shares of Nordson Corporation (NASDAQ:NDSN) hit a new 52-week high on Thursday . The company traded as high as $307.74 and last traded at $306.9740, with a volume of 37937 shares changing hands. The stock had previously closed at $296.11.

Wall Street Analysts Forecast Growth

NDSN has been the subject of several analyst reports. Weiss Ratings lowered Nordson from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 12th. BNP Paribas Exane lifted their price target on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Wall Street Zen upgraded shares of Nordson from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. DA Davidson upped their price objective on shares of Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Finally, Oppenheimer lifted their target price on shares of Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Nordson has a consensus rating of “Moderate Buy” and an average target price of $311.29.

Nordson Stock Performance

The stock has a market cap of $16.98 billion, a P/E ratio of 32.49, a P/E/G ratio of 1.93 and a beta of 0.97. The firm has a 50 day moving average of $284.75 and a two-hundred day moving average of $273.35. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The company had revenue of $740.85 million for the quarter, compared to the consensus estimate of $728.78 million. During the same period in the previous year, the business posted $2.42 EPS. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. On average, research analysts predict that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be paid a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, June 18th. Nordson’s dividend payout ratio is presently 34.97%.

Insider Buying and Selling at Nordson

In related news, EVP Srinivas Subramanian sold 3,100 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $280.00, for a total value of $868,000.00. Following the completion of the sale, the executive vice president owned 6,407 shares in the company, valued at approximately $1,793,960. This trade represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of Nordson stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total value of $197,487.12. Following the sale, the executive vice president directly owned 1,515 shares in the company, valued at approximately $417,867.30. This trade represents a 32.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.84% of the company’s stock.

Institutional Trading of Nordson

Several institutional investors have recently modified their holdings of NDSN. New York Life Investment Management LLC increased its holdings in Nordson by 64.9% in the 4th quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company’s stock valued at $2,895,000 after buying an additional 4,737 shares during the period. Polar Asset Management Partners Inc. lifted its holdings in shares of Nordson by 67.0% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 39,754 shares of the industrial products company’s stock worth $9,022,000 after acquiring an additional 15,954 shares during the period. UBS Group AG boosted its position in shares of Nordson by 7.3% during the 4th quarter. UBS Group AG now owns 432,984 shares of the industrial products company’s stock valued at $104,102,000 after acquiring an additional 29,294 shares in the last quarter. Kepler Cheuvreux Suisse SA acquired a new stake in shares of Nordson during the 3rd quarter valued at about $2,748,000. Finally, Assenagon Asset Management S.A. bought a new stake in Nordson in the fourth quarter valued at about $4,381,000. 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.