Insider Selling: Nordson (NASDAQ:NDSN) EVP Sells 23,052 Shares of Stock

Nordson Corporation (NASDAQ:NDSN) EVP Joseph Kelley sold 23,052 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $289.31, for a total transaction of $6,669,174.12. Following the sale, the executive vice president directly owned 7,559 shares of the company’s stock, valued at $2,186,894.29. This represents a 75.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Nordson Trading Down 1.4%

Shares of NASDAQ NDSN traded down $3.99 during midday trading on Wednesday, reaching $290.83. The stock had a trading volume of 337,563 shares, compared to its average volume of 454,542. The company’s 50 day moving average price is $268.39 and its 200 day moving average price is $243.13. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.74 and a current ratio of 2.72. Nordson Corporation has a twelve month low of $165.03 and a twelve month high of $305.28. The firm has a market cap of $16.22 billion, a price-to-earnings ratio of 31.41, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01.

Nordson (NASDAQ:NDSN) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.01. The business 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%. Nordson’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the firm earned $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, sell-side analysts expect that Nordson Corporation will post 10.2 EPS for the current year.

Nordson Announces Dividend

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

Institutional Trading of Nordson

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

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NDSN. Wall Street Zen raised Nordson from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a research note on Monday, December 29th. Jefferies Financial Group reissued a “hold” rating and set a $300.00 target price on shares of Nordson in a research note on Monday. Robert W. Baird raised their price target on shares of Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Finally, DA Davidson set a $335.00 price objective on shares of Nordson in a report on Monday. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Nordson currently has a consensus rating of “Moderate Buy” and a consensus target price 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.