Nordson Corporation (NASDAQ:NDSN – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $276.77 and last traded at $276.67, with a volume of 48476 shares changing hands. The stock had previously closed at $274.53.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the company. Wall Street Zen lowered Nordson from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. KeyCorp raised their target price on Nordson from $250.00 to $295.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. DA Davidson set a $290.00 price target on shares of Nordson in a report on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nordson in a report on Monday, December 29th. Finally, Robert W. Baird upped their target price on shares of Nordson from $252.00 to $275.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $266.29.
View Our Latest Stock Analysis on NDSN
Nordson Stock Up 0.6%
Nordson (NASDAQ:NDSN – Get Free Report) last issued its quarterly earnings data on Wednesday, December 10th. The industrial products company reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.10. Nordson had a net margin of 17.35% and a return on equity of 19.64%. The firm had revenue of $751.82 million for the quarter, compared to analysts’ expectations of $761.03 million. During the same period in the prior year, the firm earned $2.78 earnings per share. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. As a group, equities research analysts predict that Nordson Corporation will post 10.2 earnings per share for the current year.
Nordson Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th were paid a $0.82 dividend. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.2%. Nordson’s payout ratio is currently 38.45%.
Insider Activity at Nordson
In other news, EVP James E. Devries sold 9,100 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $233.60, for a total transaction of $2,125,760.00. Following the sale, the executive vice president directly owned 51,223 shares of the company’s stock, valued at $11,965,692.80. This represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.84% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of NDSN. Nordea Investment Management AB lifted its stake in shares of Nordson by 21.2% in the 2nd quarter. Nordea Investment Management AB now owns 10,083 shares of the industrial products company’s stock valued at $2,159,000 after purchasing an additional 1,763 shares during the period. Rakuten Investment Management Inc. bought a new stake in Nordson in the third quarter valued at about $1,100,000. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Nordson by 2.6% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 77,813 shares of the industrial products company’s stock valued at $16,681,000 after purchasing an additional 1,972 shares during the last quarter. Aviva PLC bought a new position in Nordson during the second quarter worth about $8,205,000. Finally, Exchange Traded Concepts LLC grew its position in shares of Nordson by 6.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 76,103 shares of the industrial products company’s stock worth $17,272,000 after buying an additional 4,865 shares during the period. 72.11% of the stock is currently owned by institutional investors.
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.
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