Insider Selling: Nordson (NASDAQ:NDSN) EVP Sells $2,556,774.00 in Stock

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

Nordson Stock Up 0.3%

NASDAQ:NDSN opened at $293.44 on Friday. The firm has a market capitalization of $16.37 billion, a price-to-earnings ratio of 31.69, a PEG ratio of 1.98 and a beta of 1.01. Nordson Corporation has a 1-year low of $165.03 and a 1-year high of $305.28. The company has a current ratio of 2.72, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. The business’s fifty day moving average price is $271.59 and its 200 day moving average price is $244.38.

Nordson (NASDAQ:NDSN) last released its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.01. The company had revenue of $669.46 million for the quarter, compared to analysts’ expectations of $652.68 million. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The business’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the business 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, sell-side analysts forecast that Nordson Corporation will post 10.2 earnings per share for the current fiscal year.

Nordson Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on NDSN. DA Davidson set a $335.00 price target on shares of Nordson in a research note on Monday. Oppenheimer boosted their target price on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research note on Tuesday. Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 price target on shares of Nordson in a research note on Monday. Robert W. Baird lifted their price target on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Finally, Vertical Research upgraded Nordson from a “hold” rating to a “buy” rating and set a $270.00 price objective on the stock in a report on Monday, December 15th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Nordson has an average rating of “Moderate Buy” and an average target price of $311.50.

Institutional Inflows and Outflows

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