Joseph Kelley Sells 23,052 Shares of Nordson (NASDAQ:NDSN) Stock

Nordson Corporation (NASDAQ:NDSN) EVP Joseph Kelley sold 23,052 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $289.31, for a total value of $6,669,174.12. Following the sale, the executive vice president owned 7,559 shares in the company, valued at $2,186,894.29. This trade represents a 75.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nordson Stock Performance

NASDAQ NDSN opened at $292.62 on Friday. The business’s 50-day moving average price is $270.53 and its 200 day moving average price is $243.81. The company has a current ratio of 2.72, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. Nordson Corporation has a twelve month low of $165.03 and a twelve month high of $305.28. The company has a market capitalization of $16.32 billion, a PE ratio of 31.60, a price-to-earnings-growth ratio of 1.97 and a beta of 1.01.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.01. The company had revenue of $669.46 million during the quarter, compared to the consensus estimate of $652.68 million. Nordson had a net margin of 18.39% and a return on equity of 19.73%. The company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.06 EPS. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. On average, research analysts predict that Nordson Corporation will post 10.2 earnings per share for the current year.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th were paid a dividend of $0.82 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a yield of 1.1%. Nordson’s dividend payout ratio (DPR) is currently 35.42%.

Nordson News Summary

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Analysts have been lifting ratings and price targets this month (KeyCorp and Oppenheimer raised targets to ~$325; DA Davidson set $335) and one momentum write-up highlights Nordson’s strong technical/quality characteristics — these support further upside if fundamentals and guidance remain intact. Analyst Notes & Coverage
• Positive Sentiment: Zacks published a piece framing Nordson as a strong momentum stock, which can attract trend-following and quant flows into the name. Here’s Why Nordson is a Strong Momentum Stock
• Neutral Sentiment: Institutional ownership remains high (~72%); recent small adjustments by a few funds are not a material shift in stewardship and suggest institutional conviction is largely intact. MarketBeat Institutional Activity
• Negative Sentiment: Significant insider selling has emerged: CEO Sundaram Nagarajan sold ~41,800 shares (~$12.3M) and EVP Joseph Kelley sold multiple blocks (23,052 and 8,725 shares), representing large percentage reductions in their holdings. Large, clustered insider sales can weigh on investor sentiment even if filings indicate routine diversification. Top Nordson Insiders Quietly Cash Out
• Negative Sentiment: MarketWatch flagged that Nordson underperformed peers on Wednesday, which may reflect sector rotation or near-term profit-taking following recent gains — a risk for short-term relative performance. Nordson Underperforms Peers

Institutional Trading of Nordson

A number of hedge funds have recently made changes to their positions in NDSN. Vanguard Group Inc. boosted its stake in shares of Nordson by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock valued at $1,504,515,000 after purchasing an additional 186,480 shares during the period. State Street Corp lifted its holdings in Nordson by 4.7% in the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after buying an additional 133,229 shares in the last quarter. Morgan Stanley boosted its position in Nordson by 6.2% in the 4th quarter. Morgan Stanley now owns 1,582,637 shares of the industrial products company’s stock valued at $380,514,000 after buying an additional 92,970 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Nordson by 4.8% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,068,214 shares of the industrial products company’s stock valued at $228,993,000 after acquiring an additional 48,556 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Nordson by 24.0% during the fourth quarter. JPMorgan Chase & Co. now owns 891,016 shares of the industrial products company’s stock worth $214,227,000 after acquiring an additional 172,400 shares during the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Wall Street Analysts Forecast Growth

NDSN has been the topic of several research reports. Oppenheimer increased their target price on Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday. Robert W. Baird raised their price objective on Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. KeyCorp raised their price target on shares of Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 price target on shares of Nordson in a research report on Monday. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $311.50.

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.