NDSN · NASDAQ · Industrial - Machinery

Nordson (NDSN)

Builds precision dispensing, medical fluid, and electronics inspection systems for global production lines.

$321.03
vs last close+1.36 (+0.43%)
Loading prices…

Nordson CorporationNDSN
Industrials

Sells precision dispensing, coating, polymer-processing, medical fluid, interventional, and electronics inspection systems through three specialized segments. Revenue comes from equipment and components paired with application engineering, direct sales, service, and distributors, while most sales are generated outside the United States.

Engineers precision equipment and components that dispense, apply, control, test, inspect, treat, or cure adhesives, coatings, polymers, biomaterials, and other fluids. Industrial Precision Solutions covers adhesive and coating systems, polymer processing, packaging and nonwovens, product assembly, and precision agriculture. Medical and Fluid Solutions supplies engineered fluid components, interventional devices, and surgical products. Advanced Technology Solutions provides electronics dispensing, plasma treatment, and test, inspection, and measurement systems.

Combines application engineering with direct sales, technical support, and distributors to tailor equipment to production processes, improve uptime and line speed, and reduce material use. Operations span the Americas, Europe, and Asia, with most revenue generated outside the United States. Demand reaches industrial, consumer, medical, electronics, and semiconductor manufacturing; the global footprint depends on trade rules, tariffs, currency movements, and component availability.

Company facts

CEOSundaram Nagarajan
ListedMar 18, 1980
ExchangeNASDAQ
HeadquartersWestlake, OH
CountryUnited States
Employees8,000
CIK0000072331
ISINUS6556631025

Market cap$17.81B
EPS (ttm)$9.89
P/E (ttm)32.32
ROE17.6%
P/B5.45
P/S5.98
Dividend yieldDiv yield1.06%
Beta0.86vs XLI 0.77

Price target$360.00+12.6%Average of 21 analysts
ConsensusBuy13 of 21 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 24, 2026Industrial Alliance SecuritiesTarget
Target:
Target: $375
Aug 21, 2026OppenheimerReiterate
Rating: Target: $335
Rating: OutperformTarget: $370
Aug 21, 2026Robert W. BairdTarget
Target: $314
Target: $351
Aug 20, 2026KeyBancReiterate
Rating: Target: $325
Rating: BuyTarget: $360
May 29, 2026OppenheimerReiterate
Rating: Target: $325
Rating: OutperformTarget: $335

Next report
Dec 9, 26
in 77 days
EPS estimate
$3.45
Revenue estimate
$828.7M
Fiscal quarter
Q4 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Dec '25Feb '26May '26Aug '26Dec '26
Reported$2.06$2.42$2.73$3.03$2.37$2.86$3.25Pending
Estimate$2.09$2.36$2.64$2.93$2.37$2.82$3.09$3.45
Surprise−1.4%+2.5%+3.4%+3.4%0.0%+1.4%+5.2%

RevenueReportedEstimate

Feb '25May '25Aug '25Dec '25Feb '26May '26Aug '26Dec '26
Reported$615.4M$682.9M$741.5M$751.8M$669.5M$740.8M$817.7MPending
Estimate$639.6M$672.0M$723.6M$761.0M$652.8M$728.8M$779.5M$828.7M
Surprise−3.8%+1.6%+2.5%−1.2%+2.6%+1.7%+4.9%
Estimate$3.45
ReportedDue Dec 9, 2026
Estimate$828.7M
ReportedDue Dec 9, 2026
View details

Debt to equity55.50%
Current ratio182.30%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$744.5M$615.4M$682.9M$741.5M$751.8M$669.5M$740.8M$817.7M
Net income$122.2M$94.7M$112.4M$125.8M$151.6M$133.4M$117.3M$152.8M
Net margin16.4%15.4%16.5%17.0%20.2%19.9%15.8%18.7%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income$178.9M$140.9M$168.8M$187.8M$214.3M$166.4M$197.2M$223.1M
YoY growth−3.3%−11.6%+0.1%+12.4%+19.8%+18.1%+16.9%+18.8%

Balance sheet, Jul 31, 2026Cash & short-term investments $113.4M · Total debt $1.81B · Total assets $5.95B · Shareholders' equity $3.27B

Revenue
$817.7M
Operating income
$223.1M
Net income
$152.8M
View details

Dividend yield
1.06%
Next ex-date
Dec 10, 26
estimated · in 78 days
Annual dividend
$3.40
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Jan '25Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.78$0.78$0.78$0.82$0.82$0.82$0.82$0.94
Annual yield1.42%1.47%1.46%1.39%1.34%1.21%1.11%1.11%
Ex-dateJan 2Mar 20Jun 18Sep 11Dec 17Mar 19Jun 18Sep 10
Payment dateJan 16Apr 3Jul 3Sep 25Jan 2Apr 3Jul 6Oct 2
View details

Institutions77.42%43.12M shares
763 holders · as of Jun 30, 2026
Insiders11.00%6.13M shares
19 holders · as of Sep 16, 2026
Other11.58%6.45M shares
remainder

55.70M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Massachusetts Financial Services Company ("MFS")Institution
7.94%4.42Mfiled Feb 13, 2019
BlackRock, Inc.Institution
7.43%4.14Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.22%3.47Mas of Jun 30, 2026
Jane B. NordInsider
5.38%2.99Mfiled Jan 8, 2021
State Street CorpInstitution
5.34%2.98Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 15, 2026Joseph M. Rutledgeofficer: VP, CAO−684$309.38
Sep 2, 2026Milton Mayo Morrisdirector−156$316.63
Aug 27, 2026Jennifer L. Mcdonoughofficer: EVP, GC, and Secretary−260$336.00
Aug 26, 2026Daniel Roy Hopgoodofficer: EVP, CFO−1,329$334.29
Apr 17, 2026Srinivas Subramanianofficer: Executive Vice President−3,100$280.00
View details

  • Graco

    Closest public peer in fluid handling, coatings, and dispense.

  • IDEX

    Precision-fluidics peer across pumps, valves, and medical flow.

  • Dover

    Polymer-processing and fluid-transfer peer in selected niches.

  • Illinois Tool Works

    Diversified overlap in adhesives, coatings, electronics, and packaging.

  • Onto Innovation

    Semiconductor inspection and metrology peer for ATS.

  • Teleflex

    Medical-device peer in vascular, catheter, and fluid delivery.

  • Merit Medical Systems

    Interventional-device peer in catheters and fluid-management tools.

  • CNH Industrial

    Precision-agriculture peer through Raven application controls.

Compare

CompanyPriceChange
Nordson$321.03+0.43%$17.81B32.325.46.0+10.3%
Graco$78.44+1.03%$12.57B24.523.35.5+3.3%
IDEX$226.01+0.14%$16.64B32.524.74.6+6.4%
Dover$187.69+0.62%$25.12B22.516.73.0+6.9%
Illinois Tool Works$273.67+1.18%$77.81B24.523.24.7+6.1%
Onto Innovation$277.42−2.25%$14.12B106.727.012.6+35.3%
Teleflex$124.20−0.56%$5.53B13.42.1−27.0%
Merit Medical Systems$87.18−0.10%$5.21B36.120.03.3+9.5%
CNH Industrial$14.03+2.60%$16.95B55.025.40.9+2.0%
Median32.523.34.0+6.3%