Nordson (NASDAQ:NDSN) CAO Sells 684 Shares of Stock

Key Points

• Nordson CAO Joseph Rutledge sold 684 shares at an average price of $309.38, generating approximately $211,616. He retained 2,134 shares, reducing his position by 24.27%.
• Nordson exceeded quarterly expectations, reporting adjusted earnings of $3.25 per share versus the $3.09 consensus and revenue of $817.67 million. Revenue increased 10.3% year over year, while fiscal 2026 EPS guidance stands at $11.80–$12.00.
• The company raised its quarterly dividend to $0.94 per share, equivalent to an annualized $3.76 and a 1.2% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $326.57.

Nordson Corporation (NASDAQ:NDSN - Get Free Report) CAO Joseph Rutledge sold 684 shares of the company's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $309.38, for a total value of $211,615.92. Following the completion of the transaction, the chief accounting officer directly owned 2,134 shares of the company's stock, valued at approximately $660,216.92. The trade was a 24.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Nordson Price Performance

Shares of NASDAQ:NDSN opened at $309.25 on Wednesday. The firm has a market cap of $17.23 billion, a PE ratio of 31.27, a price-to-earnings-growth ratio of 2.00 and a beta of 0.97. Nordson Corporation has a 52 week low of $220.47 and a 52 week high of $339.12. The firm's fifty day moving average is $307.22 and its 200-day moving average is $290.46. 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 - Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.16. The company had revenue of $817.67 million during the quarter, compared to analysts' expectations of $779.49 million. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The business's quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.73 earnings per share. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. Sell-side analysts predict that Nordson Corporation will post 11.83 earnings per share for the current year.

Nordson Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Thursday, September 10th will be paid a $0.94 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from Nordson's previous quarterly dividend of $0.82. Nordson's dividend payout ratio (DPR) is presently 38.02%.

Hedge Funds Weigh In On Nordson

Large investors have recently modified their holdings of the company. Bank of Nova Scotia purchased a new position in shares of Nordson in the second quarter valued at about $3,908,000. New York Life Investment Management LLC lifted its holdings in Nordson by 64.9% in the 4th quarter. New York Life Investment Management LLC now owns 12,041 shares of the industrial products company's stock worth $2,895,000 after buying an additional 4,737 shares during the period. Jackson Creek Investment Advisors LLC purchased a new position in shares of Nordson during the fourth quarter valued at approximately $1,426,000. Reflection Asset Management bought a new position in shares of Nordson during the fourth quarter valued at approximately $1,460,000. Finally, Jefferies Financial Group Inc. purchased a new position in Nordson during the 4th quarter valued at $4,626,000. 72.11% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

NDSN has been the topic of a number of research analyst reports. DA Davidson reaffirmed a "buy" rating and set a $345.00 price objective on shares of Nordson in a research report on Thursday, August 20th. KeyCorp reissued a "buy" rating on shares of Nordson in a research note on Thursday, August 20th. Wall Street Zen cut shares of Nordson from a "buy" rating to a "hold" rating in a report on Sunday. 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. Finally, Oppenheimer increased their price objective on shares of Nordson from $335.00 to $370.00 and gave the stock an "outperform" rating in a research report on Friday, August 21st. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $326.57.

About Nordson

Nordson Corporation is a global manufacturer of precision dispensing, coating, and fluid-management equipment. Its systems apply adhesives, sealants, coatings, and other materials with controlled accuracy in manufacturing and packaging processes. The company also produces related pumps, valves, nozzles, controls, and inspection technologies.

Nordson serves a broad range of end markets, including packaging, consumer products, electronics, semiconductors, automotive, medical devices, and other industrial applications.

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