Nordson (NASDAQ:NDSN) Hits New 52-Week High – Still a Buy?

Shares of Nordson Corporation (NASDAQ:NDSN) reached a new 52-week high during trading on Tuesday . The stock traded as high as $308.01 and last traded at $308.2470, with a volume of 91711 shares traded. The stock had previously closed at $302.62.

Wall Street Analyst Weigh In

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

Nordson Stock Performance

The company has a quick ratio of 1.65, a current ratio of 2.60 and a debt-to-equity ratio of 0.58. The stock has a market cap of $17.26 billion, a P/E ratio of 33.01, a price-to-earnings-growth ratio of 1.98 and a beta of 0.96. The firm’s 50-day moving average is $291.31 and its two-hundred day moving average is $283.13.

Nordson (NASDAQ:NDSN) last posted its 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 net margin of 18.19% and a return on equity of 20.08%. The company had revenue of $740.85 million during the quarter, compared to the consensus estimate of $728.78 million. During the same period in the previous year, the firm posted $2.42 earnings per share. The company’s revenue for the quarter was up 8.5% compared to the same quarter last year. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, research analysts expect that Nordson Corporation will post 11.59 EPS for the current year.

Nordson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were issued a $0.82 dividend. The ex-dividend date was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. Nordson’s dividend payout ratio is currently 34.97%.

Hedge Funds Weigh In On Nordson

Several institutional investors have recently bought and sold shares of the stock. Private Trust Co. NA increased its holdings in shares of Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 51 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Nordson in the 2nd quarter worth approximately $31,000. MUFG Securities EMEA plc acquired a new stake in Nordson in the 2nd quarter worth approximately $34,000. Hantz Financial Services Inc. boosted its position 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 purchasing an additional 46 shares during the period. Finally, Measured Wealth Private Client Group LLC acquired a new position in Nordson during the fourth quarter valued at approximately $40,000. 72.11% of the stock is currently 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.