Nordson (NASDAQ:NDSN) Issues Earnings Results

Nordson (NASDAQ:NDSN) posted its quarterly earnings results on Wednesday. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.82 by $0.04, Zacks reports. Nordson had a return on equity of 20.34% and a net margin of 18.19%.The firm had revenue of $740.85 million during the quarter, compared to the consensus estimate of $728.78 million. During the same quarter in the previous year, the business earned $2.42 earnings per share. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. Nordson updated its Q3 2026 guidance to 2.950-3.150 EPS and its FY 2026 guidance to 11.300-11.800 EPS.

Nordson Price Performance

Shares of NASDAQ NDSN opened at $286.77 on Friday. Nordson has a 1-year low of $191.99 and a 1-year high of $305.28. The business has a 50-day moving average of $274.64 and a 200-day moving average of $263.99. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.72 and a quick ratio of 1.74. The company has a market capitalization of $16.00 billion, a price-to-earnings ratio of 30.57, a PEG ratio of 1.85 and a beta of 0.99.

Nordson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Thursday, March 19th were given a $0.82 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $3.28 annualized dividend and a dividend yield of 1.1%. Nordson’s dividend payout ratio is presently 35.42%.

Wall Street Analyst Weigh In

NDSN has been the subject of a number of research reports. Wall Street Zen downgraded Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Jefferies Financial Group reissued a “hold” rating and set a $300.00 price target on shares of Nordson in a research report on Monday, February 23rd. Oppenheimer boosted their price target on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Robert W. Baird boosted their price target on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Finally, DA Davidson reissued a “buy” rating and set a $335.00 price target on shares of Nordson in a research report on Thursday. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $311.50.

Insider Buying and Selling

In other news, CEO Sundaram Nagarajan sold 41,800 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 64,824 shares of the company’s stock, valued at $19,010,286.24. This represents a 39.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $280.00, for a total value of $868,000.00. Following the completion of the sale, the executive vice president directly owned 6,407 shares of the company’s stock, valued at $1,793,960. The trade was a 32.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 77,393 shares of company stock worth $22,549,703 over the last three months. 0.84% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Nordson

Institutional investors and hedge funds have recently modified their holdings of the stock. CYBER HORNET ETFs LLC purchased a new position in Nordson in the second quarter valued at about $31,000. MUFG Securities EMEA plc purchased a new position in Nordson in the second quarter valued at about $34,000. Los Angeles Capital Management LLC purchased a new position in Nordson in the fourth quarter valued at about $52,000. Federated Hermes Inc. purchased a new position in Nordson in the fourth quarter valued at about $55,000. Finally, UMB Bank n.a. boosted its holdings in Nordson by 68.3% in the fourth quarter. UMB Bank n.a. now owns 276 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 112 shares during the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

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.