Insider Selling: Nordson (NASDAQ:NDSN) EVP Sells $444,271.41 in Stock

Nordson Corporation (NASDAQ:NDSN) EVP Daniel Roy Hopgood sold 1,329 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $334.29, for a total transaction of $444,271.41. Following the sale, the executive vice president directly owned 4,758 shares in the company, valued at $1,590,551.82. The trade was a 21.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nordson Stock Performance

Shares of NDSN traded down $2.06 during trading hours on Thursday, hitting $332.51. The stock had a trading volume of 108,315 shares, compared to its average volume of 396,319. The firm has a market capitalization of $18.52 billion, a price-to-earnings ratio of 33.65, a PEG ratio of 2.17 and a beta of 0.96. Nordson Corporation has a fifty-two week low of $220.06 and a fifty-two week high of $339.12. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82. The firm has a 50-day moving average price of $301.37 and a 200 day moving average price of $288.24.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.09 by $0.16. The company had revenue of $817.67 million for the quarter, compared to analyst estimates of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%.Nordson’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company earned $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, research analysts anticipate that Nordson Corporation will post 11.83 EPS for the current year.

Nordson Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were paid a $0.82 dividend. This represents a $3.28 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is currently 33.16%.

Institutional Investors Weigh In On Nordson

Several institutional investors have recently added to or reduced their stakes in the business. Clearstead Trust LLC purchased a new position in Nordson in the second quarter valued at approximately $25,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Nordson during the 2nd quarter worth approximately $30,000. CYBER HORNET ETFs LLC acquired a new position in shares of Nordson in the 2nd quarter valued at $31,000. N.E.W. Advisory Services LLC purchased a new position in shares of Nordson in the 2nd quarter valued at $33,000. Finally, MUFG Securities EMEA plc acquired a new stake in Nordson during the 2nd quarter worth $34,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Wall Street Analyst Weigh In

NDSN has been the topic of a number of analyst reports. Oppenheimer lifted their target price on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a research note on Friday, August 21st. KeyCorp reaffirmed a “buy” rating on shares of Nordson in a research note on Thursday, August 20th. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. Robert W. Baird raised their price objective on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a report on Friday, August 21st. Finally, Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $326.57.

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.