Joseph Kelley Sells 8,725 Shares of Nordson (NASDAQ:NDSN) Stock

Nordson Corporation (NASDAQ:NDSN) EVP Joseph Kelley sold 8,725 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $293.04, for a total value of $2,556,774.00. Following the completion of the transaction, the executive vice president directly owned 7,268 shares in the company, valued at approximately $2,129,814.72. The trade was a 54.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Nordson Stock Performance

Shares of Nordson stock traded down $3.99 on Wednesday, reaching $290.83. 337,563 shares of the stock were exchanged, compared to its average volume of 454,542. The business has a 50 day moving average price of $268.39 and a two-hundred day moving average price of $243.13. The firm has a market capitalization of $16.22 billion, a price-to-earnings ratio of 31.41, a PEG ratio of 1.96 and a beta of 1.01. Nordson Corporation has a twelve month low of $165.03 and a twelve month high of $305.28. The company has a quick ratio of 1.74, a current ratio of 2.72 and a debt-to-equity ratio of 0.63.

Nordson (NASDAQ:NDSN) last posted its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.01. Nordson had a net margin of 18.39% and a return on equity of 19.73%. 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 previous year, the business posted $2.06 EPS. The business’s revenue was up 8.8% compared to the same quarter last year. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. Analysts anticipate that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 17th were given a dividend of $0.82 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. Nordson’s payout ratio is presently 35.42%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on NDSN. Jefferies Financial Group reiterated a “hold” rating and issued a $300.00 target price on shares of Nordson in a report on Monday. Oppenheimer upped their price objective on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a report on Tuesday. KeyCorp increased their price objective on Nordson from $295.00 to $325.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Robert W. Baird increased their price target on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Nordson presently has an average rating of “Moderate Buy” and an average target price of $311.50.

Institutional Trading of Nordson

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Roman Butler Fullerton & Co. boosted its position in shares of Nordson by 4.2% during the fourth quarter. Roman Butler Fullerton & Co. now owns 950 shares of the industrial products company’s stock worth $228,000 after buying an additional 38 shares during the period. Syon Capital LLC raised its holdings in shares of Nordson by 4.0% in the 4th quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock valued at $255,000 after buying an additional 41 shares during the period. Mitchell & Pahl Private Wealth LLC lifted its stake in Nordson by 0.9% during the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 4,770 shares of the industrial products company’s stock worth $1,083,000 after acquiring an additional 43 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Nordson by 12.0% during the 3rd quarter. Bessemer Group Inc. now owns 430 shares of the industrial products company’s stock valued at $98,000 after acquiring an additional 46 shares during the period. Finally, Argent Trust Co grew its position in Nordson by 3.6% in the 3rd quarter. Argent Trust Co now owns 1,325 shares of the industrial products company’s stock valued at $301,000 after acquiring an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

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.