Nordson Corporation (NDSN)

In the past six months, Nordson Corp. has experienced several notable events impacting its stock price. Nordson reported its first-quarter fiscal 2025 results on February 19, 2025, and released its second-quarter fiscal 2025 results on May 28, 2025, providing third-quarter guidance. The Industrial Precision Solutions and Medical and Fluid Solutions segments have shown weakness, while the Advanced Technology Solutions segment has shown strong momentum. The acquisition of Atrion Corporation in August 2024 expanded Nordson's medical offerings, and the acquisition of ARAG Group in August 2023 boosted precision dispensing technology capabilities. Nordson paid out $88.9 million in dividends and bought back treasury shares worth $146.3 million in the first six months of fiscal 2025. As of June 24, 2025, NDSN stock had risen 4.5% over the past three months but underperformed the Industrial Select Sector SPDR Fund.

Demand for Nordson's products and services can be seasonal and cyclical, depending on the end market. Products in consumer non-durable markets have steady demand, while performance is tied to cyclical industries like electronics, polymer processing, and automotive. Recent trends indicate lower demand for polymer processing and industrial coatings, as well as decreased demand for medical interventional product lines. There is growing demand for electronics dispense, optical, and x-ray inspection systems, as well as for nonwovens, packaging, and consumer non-durable product lines.

Nordson Corporation, founded in 1954 and headquartered in Westlake, Ohio, is an innovative precision technology company in the Industrials sector, specifically in the Industrial Machinery/Components industry. Nordson engineers, manufactures, and markets products and systems for precision dispensing, applying, and controlling adhesives, coatings, polymers, sealants, biomaterials, and other fluids. The company's business is organized into three global operating segments: Industrial Precision Solutions (IPS), Medical and Fluid Solutions (MFS), and Advanced Technology Solutions (ATS).

Nordson has a significant global presence, operating in more than 35 countries, with approximately 67% of its revenues generated outside the United States in 2022. The company has principal manufacturing facilities in the United States, the People's Republic of China, Germany, Ireland, Israel, Mexico, the Netherlands, and the United Kingdom. As of 2023, Nordson had operations in over 30 countries and approximately 7,800 employees worldwide.

Nordson has a global reputation for creativity and expertise in high-technology application equipment design and engineering. It is a leader in precision dispensing, fluid management, and related technologies. Nordson's commitment to innovation and new product development is central to its business model. The company invests in communities through the Nordson Corporation Foundation. There have been no specific public events that have significantly impacted Nordson's brand reputation in the past year beyond business segment performance and strategic acquisitions.

Nordson Corp. is primarily owned by institutional shareholders, who hold approximately 74.38% of the stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual ownership includes Nordson insiders (28.10%) and retail investors. Russell Leroy Bauknight is the largest individual Nordson shareholder, owning 7.57 million shares, representing 13.39% of the company. Descendants of the Nord family also hold a significant stake.