Nordson (NASDAQ:NDSN) Sets New 52-Week High – Time to Buy?

Nordson Corporation (NASDAQ:NDSN)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $308.01 and last traded at $308.2470, with a volume of 91711 shares traded. The stock had previously closed at $302.62.

Analyst Upgrades and Downgrades

NDSN has been the topic of a number of recent analyst reports. BNP Paribas Exane boosted their price target 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 upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Oppenheimer boosted their target price on shares of Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research note on Friday, May 29th. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Finally, DA Davidson lifted their price target on Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Nordson presently has an average rating of “Moderate Buy” and an average price target of $311.29.

Nordson Trading Down 0.4%

The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. The company has a market cap of $17.24 billion, a PE ratio of 32.98, a P/E/G ratio of 2.06 and a beta of 0.96. The business’s 50-day simple moving average is $292.19 and its 200-day simple moving average is $283.70.

Nordson (NASDAQ:NDSN) last posted its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.82 by $0.04. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The business had revenue of $740.85 million for the quarter, compared to analysts’ expectations of $728.78 million. During the same period in the previous year, the company posted $2.42 EPS. Nordson’s revenue was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. As a group, analysts expect that Nordson Corporation will post 11.59 EPS for the current fiscal year.

Nordson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were given a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio is presently 34.97%.

Institutional Investors Weigh In On Nordson

Several institutional investors have recently made changes to their positions in NDSN. Clearstead Trust LLC bought a new position in Nordson during the second quarter valued at approximately $25,000. Private Trust Co. NA increased its stake in shares of 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 purchasing an additional 51 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Nordson during the 2nd quarter worth $31,000. MUFG Securities EMEA plc bought a new position in shares of Nordson during the 2nd quarter valued at $34,000. Finally, Hantz Financial Services Inc. raised its holdings in shares of Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 46 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors and hedge funds.

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.