Daniel Roy Hopgood Sells 1,329 Shares of Nordson (NASDAQ:NDSN) Stock

Nordson Corporation (NASDAQ:NDSN) EVP Daniel Roy Hopgood sold 1,329 shares of the company’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $334.29, for a total transaction of $444,271.41. Following the completion of the sale, the executive vice president directly owned 4,758 shares in the company, valued at approximately $1,590,551.82. The trade was a 21.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Nordson Trading Down 1.9%

Nordson stock opened at $324.59 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82. The stock has a 50-day simple moving average of $302.64 and a 200 day simple moving average of $288.78. The stock has a market capitalization of $18.08 billion, a P/E ratio of 32.82, a PEG ratio of 2.15 and a beta of 0.96. Nordson Corporation has a 52 week low of $220.06 and a 52 week high of $339.12.

Nordson (NASDAQ:NDSN) last released its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The company had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. During the same period last year, the firm posted $2.73 earnings per share. The business’s revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Analysts expect that Nordson Corporation will post 11.83 earnings per share for the current year.

Nordson Increases Dividend

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

Key Stories Impacting Nordson

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NDSN. Robert W. Baird increased their price objective on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research report on Friday, August 21st. BNP Paribas Exane upped their price target on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. DA Davidson reissued a “buy” rating and issued a $345.00 price target on shares of Nordson in a report on Thursday, August 20th. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, Oppenheimer upped their target price on Nordson from $335.00 to $370.00 and gave the company an “outperform” rating in a research report on Friday, August 21st. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $326.57.

Hedge Funds Weigh In On Nordson

Several institutional investors and hedge funds have recently modified their holdings of the business. XXEC Inc. bought a new position in Nordson during the second quarter worth about $896,378,000. California State Teachers Retirement System grew its position in shares of Nordson by 26,611.5% during the 2nd quarter. California State Teachers Retirement System now owns 21,054,040 shares of the industrial products company’s stock worth $6,351,793,000 after purchasing an additional 20,975,220 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Nordson during the 2nd quarter worth approximately $1,248,447,000. Norges Bank bought a new position in shares of Nordson during the fourth quarter worth approximately $191,654,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Nordson in the second quarter valued at approximately $127,230,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

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.