Nordson Corporation (NDSN) To Go Ex-Dividend on March 19th

Nordson Corporation (NASDAQ:NDSN) announced a quarterly dividend on Tuesday, March 3rd. Investors of record on Thursday, March 19th will be given a dividend of 0.82 per share by the industrial products company on Friday, April 3rd. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, March 19th.

Nordson has raised its dividend by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 62 years. Nordson has a dividend payout ratio of 30.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Nordson to earn $10.89 per share next year, which means the company should continue to be able to cover its $3.28 annual dividend with an expected future payout ratio of 30.1%.

Nordson Price Performance

Shares of NDSN opened at $270.00 on Tuesday. The company has a quick ratio of 1.74, a current ratio of 2.72 and a debt-to-equity ratio of 0.63. The stock has a market cap of $15.06 billion, a PE ratio of 29.03, a PEG ratio of 1.81 and a beta of 0.98. Nordson has a 12-month low of $165.03 and a 12-month high of $305.28. The business has a 50-day simple moving average of $279.05 and a two-hundred day simple moving average of $249.10.

Nordson (NASDAQ:NDSN) last announced its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.01. The firm had revenue of $669.46 million for the quarter, compared to analyst estimates of $652.68 million. Nordson had a return on equity of 19.73% and a net margin of 18.39%.The business’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period last year, the firm posted $2.06 earnings per share. Nordson has set its FY 2026 guidance at 11.000-11.600 EPS and its Q2 2026 guidance at 2.700-2.900 EPS. Analysts anticipate that Nordson will post 10.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Oppenheimer upped their price target on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. DA Davidson set a $335.00 target price on shares of Nordson in a research report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordson in a research report on Monday, December 29th. Finally, Robert W. Baird boosted their target price on shares of Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $311.50.

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.