Nordson (NASDAQ:NDSN) Hits New 12-Month High on Earnings Beat

Shares of Nordson Corporation (NASDAQ:NDSN) hit a new 52-week high on Thursday following a better than expected earnings announcement. The company traded as high as $320.89 and last traded at $318.42, with a volume of 11350 shares trading hands. The stock had previously closed at $309.92.

The industrial products company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.16. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The company had revenue of $817.67 million during the quarter, compared to analysts’ expectations of $779.49 million. During the same period last year, the company posted $2.73 earnings per share. Nordson’s quarterly revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS.

Nordson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, June 18th. Nordson’s dividend payout ratio is presently 34.97%.

Nordson News Roundup

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong Q3 earnings beat: Nordson reported adjusted EPS of $3.25, above the $3.09 analyst consensus and up from $2.73 a year earlier. Revenue reached a record $817.7 million, beating estimates of $779.5 million and rising approximately 10% year over year. Nordson Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Higher fiscal 2026 guidance: Management raised its adjusted EPS outlook to $11.80-$12.00, above the approximately $11.59 consensus. Full-year sales are projected at roughly $3.035-$3.075 billion, while backlog increased 35% year over year. Nordson Reports Record Third Quarter Results
• Positive Sentiment: Broad-based growth: Organic sales grew approximately 12%, with Advanced Technology Solutions sales up 28% to $220 million. Industrial Precision Solutions and Medical and Fluid Solutions sales each increased 5%. Nordson Reports Record Sales and Raises Guidance
• Positive Sentiment: Analyst support: D.A. Davidson maintained a Buy rating and a $345 price target, citing the strong quarterly beat and improved guidance. Nordson Strong Q3 Beat and Raised Guidance
• Positive Sentiment: Medical product launch: Nordson MEDICAL introduced its Divert ULTRA line of ultra-high-pressure stopcocks, expanding its offerings for demanding medical applications. Nordson MEDICAL Introduces Divert ULTRA
• Negative Sentiment: Insider selling is a cautionary signal: Data cited in the reports show 46 open-market insider sales and no purchases during the past six months, including substantial sales by senior executives. This may temper enthusiasm, although the transactions do not outweigh the immediate earnings and guidance catalysts.

Analysts Set New Price Targets

A number of research firms have recently commented on NDSN. Oppenheimer upped their price target on shares of Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. BNP Paribas Exane upped their price objective on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Weiss Ratings raised Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. KeyCorp restated an “overweight” rating and set a $360.00 target price (up from $335.00) on shares of Nordson in a research report on Thursday. Finally, DA Davidson lifted their price objective on Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, May 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.com, Nordson presently has a consensus rating of “Moderate Buy” and a consensus price target of $316.29.

Institutional Investors Weigh In On Nordson

Several institutional investors and hedge funds have recently added to or reduced their stakes in NDSN. Clearstead Trust LLC acquired a new position in shares of Nordson during the 2nd quarter worth about $25,000. Private Trust Co. NA increased its stake in Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock worth $30,000 after buying an additional 51 shares in the last quarter. Keating Financial Advisory Services Inc. acquired a new position in shares of Nordson during the second quarter valued at approximately $30,000. CYBER HORNET ETFs LLC acquired a new position in shares of Nordson during the second quarter valued at approximately $31,000. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Nordson in the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 72.11% of the company’s stock.

Nordson Price Performance

The company has a debt-to-equity ratio of 0.58, a current ratio of 2.60 and a quick ratio of 1.65. The stock has a 50 day moving average price of $296.97 and a 200-day moving average price of $286.33. The stock has a market capitalization of $17.56 billion, a price-to-earnings ratio of 34.05, a price-to-earnings-growth ratio of 2.02 and a beta of 0.96.

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.