Nordson Corporation (NASDAQ:NDSN – Get Free Report) EVP Srinivas Subramanian sold 3,100 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $280.00, for a total transaction of $868,000.00. Following the completion of the sale, the executive vice president owned 6,407 shares in the company, valued at approximately $1,793,960. The trade was a 32.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Nordson Price Performance
Shares of NASDAQ NDSN traded up $1.30 during mid-day trading on Monday, hitting $283.19. 91,049 shares of the company’s stock traded hands, compared to its average volume of 397,684. The company’s 50-day moving average is $278.41 and its two-hundred day moving average is $256.57. 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 $15.80 billion, a P/E ratio of 30.58, a PEG ratio of 1.90 and a beta of 1.01. Nordson Corporation has a 1 year low of $174.59 and a 1 year high of $305.28.
Nordson (NASDAQ:NDSN – Get Free Report) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.01. The firm had revenue of $669.46 million for the quarter, compared to analysts’ expectations of $652.68 million. Nordson had a net margin of 18.39% and a return on equity of 19.73%. The business’s revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the company earned $2.06 EPS. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. On average, equities analysts anticipate that Nordson Corporation will post 10.2 EPS for the current fiscal year.
Nordson Announces Dividend
Institutional Trading of Nordson
Several institutional investors have recently modified their holdings of NDSN. Arrowstreet Capital Limited Partnership grew its position in shares of Nordson by 314.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 10,894 shares of the industrial products company’s stock valued at $2,335,000 after purchasing an additional 8,268 shares during the period. Marshall Wace LLP acquired a new stake in shares of Nordson in the second quarter valued at about $8,594,000. Cerity Partners LLC grew its position in shares of Nordson by 23.6% in the second quarter. Cerity Partners LLC now owns 14,122 shares of the industrial products company’s stock valued at $3,027,000 after purchasing an additional 2,692 shares during the period. Daiwa Securities Group Inc. grew its position in shares of Nordson by 2.4% in the second quarter. Daiwa Securities Group Inc. now owns 10,362 shares of the industrial products company’s stock valued at $2,221,000 after purchasing an additional 244 shares during the period. Finally, State Street Corp grew its position in shares of 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 purchasing an additional 133,229 shares during the period. Institutional investors and hedge funds own 72.11% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on NDSN. Jefferies Financial Group reissued a “hold” rating and issued a $300.00 price objective on shares of Nordson in a research report on Monday, February 23rd. Oppenheimer increased their price objective on shares of Nordson from $285.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Robert W. Baird upped their target price on shares of Nordson from $278.00 to $314.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Wall Street Zen upgraded shares of Nordson from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, DA Davidson set a $335.00 price target on shares of Nordson in a report on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $311.50.
Read Our Latest Stock Report on NDSN
Nordson Company Profile
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.
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