Nordson (NASDAQ:NDSN) CEO Sells $12,258,268.00 in Stock

Nordson Corporation (NASDAQ:NDSN) CEO Sundaram Nagarajan sold 41,800 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total value of $12,258,268.00. Following the sale, the chief executive officer directly owned 64,824 shares in the company, valued at approximately $19,010,286.24. This trade represents a 39.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Nordson Price Performance

Shares of Nordson stock traded down $3.99 on Wednesday, reaching $290.83. 337,563 shares of the stock were exchanged, compared to its average volume of 454,542. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72. The firm has a market cap of $16.22 billion, a PE ratio of 31.41, a P/E/G ratio of 1.96 and a beta of 1.01. The firm’s 50 day moving average is $268.39 and its 200-day moving average is $243.13. Nordson Corporation has a one year low of $165.03 and a one year high of $305.28.

Nordson (NASDAQ:NDSN) last released its quarterly earnings data 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 business had revenue of $669.46 million for the quarter, compared to analyst estimates of $652.68 million. Nordson had a return on equity of 19.73% and a net margin of 18.39%.Nordson’s revenue was up 8.8% compared to the same quarter last year. During the same period last year, the firm posted $2.06 earnings per share. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. As a group, analysts anticipate that Nordson Corporation will post 10.2 EPS for the current fiscal year.

Nordson Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on NDSN shares. Robert W. Baird raised their price target on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. DA Davidson set a $335.00 target price on Nordson in a research note on Monday. Jefferies Financial Group reaffirmed a “hold” rating and set a $300.00 price target on shares of Nordson in a research report on Monday. KeyCorp upped their price objective on Nordson from $295.00 to $325.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Finally, Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a research report on Saturday. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Nordson currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.50.

Hedge Funds Weigh In On Nordson

A number of large investors have recently made changes to their positions in the stock. Jensen Investment Management Inc. purchased a new stake in shares of Nordson in the 3rd quarter valued at $2,735,000. ICICI Prudential Asset Management Co Ltd lifted its stake in Nordson by 77.5% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 14,200 shares of the industrial products company’s stock worth $3,223,000 after purchasing an additional 6,200 shares during the last quarter. Rakuten Investment Management Inc. bought a new stake in Nordson in the third quarter worth $1,100,000. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Nordson by 2.6% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 77,813 shares of the industrial products company’s stock valued at $16,681,000 after buying an additional 1,972 shares during the period. Finally, HORAN Wealth LLC bought a new position in shares of Nordson during the third quarter valued at about $917,000. 72.11% of the stock is owned by institutional investors.

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.