Nordson (NASDAQ:NDSN) Reaches New 12-Month High – What’s Next?

Nordson Corporation (NASDAQ:NDSNGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $274.55 and last traded at $273.1710, with a volume of 206385 shares traded. The stock had previously closed at $266.08.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. KeyCorp upped their price target on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Vertical Research raised Nordson from a “hold” rating to a “buy” rating and set a $270.00 price objective on the stock in a research note on Monday, December 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. Finally, DA Davidson set a $290.00 target price on shares of Nordson in a research note on Friday, December 12th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $268.00.

Get Our Latest Research Report on Nordson

Nordson Stock Up 2.6%

The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.56. The company has a 50 day simple moving average of $242.98 and a two-hundred day simple moving average of $231.05. The firm has a market capitalization of $15.21 billion, a P/E ratio of 32.02, a P/E/G ratio of 1.87 and a beta of 1.02.

Nordson (NASDAQ:NDSNGet Free Report) last released its earnings results on Wednesday, December 10th. The industrial products company reported $3.03 EPS for the quarter, topping the consensus estimate of $2.93 by $0.10. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The firm had revenue of $751.82 million for the quarter, compared to the consensus estimate of $761.03 million. During the same quarter in the previous year, the firm earned $2.78 earnings per share. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. On average, equities analysts predict that Nordson Corporation will post 10.2 EPS for the current fiscal year.

Nordson Announces Dividend

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 $0.82 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $3.28 annualized dividend and a yield of 1.2%. Nordson’s payout ratio is presently 38.45%.

Insider Activity at Nordson

In other news, EVP James E. Devries sold 9,100 shares of the firm’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $233.60, for a total transaction of $2,125,760.00. Following the completion of the transaction, the executive vice president owned 51,223 shares in the company, valued at $11,965,692.80. This trade represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Nordson

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Nordson in the 2nd quarter worth approximately $139,218,000. JPMorgan Chase & Co. raised its holdings in Nordson by 110.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 718,616 shares of the industrial products company’s stock valued at $163,093,000 after buying an additional 376,395 shares during the period. Millennium Management LLC lifted its position in Nordson by 61.9% in the third quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock worth $134,442,000 after buying an additional 226,514 shares during the last quarter. State Street Corp boosted its stake 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 worth $636,375,000 after buying an additional 133,229 shares during the period. Finally, Schroder Investment Management Group bought a new position in Nordson during the third quarter valued at $28,493,000. 72.11% of the stock is owned by institutional investors.

Nordson Company Profile

(Get Free Report)

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.

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