Nordson (NASDAQ:NDSN) Share Price Breaks Above Two Hundred Day Moving Average – What’s Next?

Nordson Corporation (NASDAQ:NDSN) shares crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $296.18 and traded as high as $329.18. Nordson shares last traded at $326.87, with a volume of 401,185 shares.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on NDSN shares. Weiss Ratings raised Nordson from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, September 2nd. KeyCorp reissued a “buy” rating on shares of Nordson in a report on Thursday, August 20th. Oppenheimer increased their price objective on shares of Nordson from $335.00 to $370.00 and gave the stock an “outperform” rating in a report on Friday, August 21st. Robert W. Baird raised their target price on shares of Nordson from $328.00 to $351.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Finally, DA Davidson restated a “buy” rating and set a $345.00 price objective on shares of Nordson in a report on Thursday, August 20th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $326.57.

Nordson Price Performance

The stock has a 50 day moving average of $319.14 and a two-hundred day moving average of $296.41. The stock has a market cap of $18.28 billion, a PE ratio of 33.18, a PEG ratio of 2.12 and a beta of 0.99. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.82.

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

Nordson Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th were issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, September 10th. This is a boost from Nordson’s previous quarterly dividend of $0.82. Nordson’s payout ratio is 38.02%.

Insider Activity

In other news, EVP Daniel Hopgood sold 1,329 shares of the company’s stock in a transaction 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 transaction, the executive vice president owned 4,758 shares of the company’s stock, valued at $1,590,551.82. This represents a 21.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Joseph M. Rutledge sold 684 shares of Nordson stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $309.38, for a total transaction of $211,615.92. Following the sale, the chief accounting officer directly owned 2,134 shares of the company’s stock, valued at $660,216.92. This represents a 24.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 2,273 shares of company stock worth $743,247. Company insiders own 0.84% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of NDSN. Bank of Nova Scotia bought a new stake in shares of Nordson during the 2nd quarter valued at about $3,908,000. Reflection Asset Management bought a new stake in Nordson in the fourth quarter worth $1,460,000. Allworth Financial LP bought a new stake in Nordson during the 2nd quarter valued at about $3,462,000. Hsbc Holdings PLC raised its holdings in Nordson by 35.7% in the 2nd quarter. Hsbc Holdings PLC now owns 131,447 shares of the industrial products company’s stock worth $39,689,000 after acquiring an additional 34,564 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Nordson by 10.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 296,017 shares of the industrial products company’s stock valued at $89,305,000 after buying an additional 27,608 shares during the last quarter. Institutional investors own 72.11% of the company’s stock.

About Nordson

Nordson Corporation is a global industrial technology company that designs, manufactures and markets precision systems used to dispense, apply, coat and manage materials. Its equipment serves manufacturers in industries such as packaging, product assembly, electronics, transportation, construction, and general industrial production.

The company’s products include adhesive dispensing and application systems, coatings and sealant equipment, fluid-management components, precision metering systems, and inspection and control technologies.