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 stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total transaction of $444,271.41. Following the transaction, the executive vice president owned 4,758 shares in the company, valued at approximately $1,590,551.82. This trade represents a 21.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Nordson Price Performance

NASDAQ NDSN opened at $330.84 on Friday. Nordson Corporation has a fifty-two week low of $220.06 and a fifty-two week high of $339.12. The stock’s 50-day moving average is $302.06 and its two-hundred day moving average is $288.53. The firm has a market cap of $18.43 billion, a P/E ratio of 33.45, a price-to-earnings-growth ratio of 2.18 and a beta of 0.96. 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 released its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $779.49 million. During the same quarter last year, the firm posted $2.73 earnings per share. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. On average, analysts anticipate that Nordson Corporation will post 11.83 earnings per share for the current fiscal year.

Nordson Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Thursday, September 10th will be issued a $0.94 dividend. This is a boost from Nordson’s previous quarterly dividend of $0.82. The ex-dividend date is Thursday, September 10th. This represents a $3.76 annualized dividend and a yield of 1.1%. Nordson’s payout ratio is 33.16%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Robert W. Baird upped their price target on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a report on Friday, August 21st. DA Davidson reissued a “buy” rating and set a $345.00 price objective on shares of Nordson in a research report on Thursday, August 20th. Oppenheimer increased their target price on Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a research note on Friday, August 21st. Weiss Ratings raised Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Finally, Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Nordson presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.57.

Institutional Investors Weigh In On Nordson

Hedge funds have recently made changes to their positions in the stock. Sound Financial Strategies Group LLC raised its holdings in Nordson by 4.1% in the 2nd quarter. Sound Financial Strategies Group LLC now owns 1,033 shares of the industrial products company’s stock valued at $312,000 after acquiring an additional 41 shares in the last quarter. Syon Capital LLC raised its stake in shares of Nordson by 4.0% in the fourth quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock valued at $255,000 after purchasing an additional 41 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in Nordson by 43.4% during the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after buying an additional 46 shares in the last quarter. Norinchukin Bank The increased its holdings in Nordson by 1.9% in the 3rd quarter. Norinchukin Bank The now owns 3,084 shares of the industrial products company’s stock valued at $700,000 after buying an additional 57 shares during the period. Finally, Wealth Alliance LLC raised its stake in shares of Nordson by 5.0% in the 1st quarter. Wealth Alliance LLC now owns 1,393 shares of the industrial products company’s stock valued at $371,000 after buying an additional 66 shares in the last quarter. Institutional investors 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.