NORDSON CORP(NDSN)Stock Analysis
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Rank #448 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
NDSN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for NORDSON CORP (NDSN), a Industrials sector company. 13F Pro's AI-powered ranking engine scores NDSN at 67.8/100 on a 32-signal composite quality model, placing it at rank #448 of 2,879 stocks — the top 25% of the AI-ranked universe. NDSN scores in the top quartile across balance sheet strength (82.5), profitability (80.2), free cash flow (80.1). Areas of concern include institutional flow (25.4), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), NORDSON CORP reports quarterly revenue of $740.8M, net income of $117.3M, an operating margin of 26.6%. Top institutional holders of NDSN by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. NDSN trades on the Nasdaq exchange and files with the SEC under CIK 72331. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NDSN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NORDSON CORP directly from SEC EDGAR. NORDSON CORP's 13F Pro composite quality score has ranged between 8 and 70 since 2021, currently 67.8 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving NDSN's Business? Latest 10-Q Breakdown
✓ 21/21 datapoints verifiedAI-extracted from NORDSON CORP's 10-Q filed 2026-05-21 — Q2 FY2026 (six months ended April 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Nordson delivered 21.1% net income growth and 8.6% revenue growth to $1.41B on strong organic demand across all three segments, despite a $24M pension settlement charge.
Biggest Revenue Drivers
Total revenue: $1,410.3M+8.6% YoY
Balanced growth across product lines with strength in industrial coating, precision agriculture and polymer processing.
Growth in engineered fluid solutions and modest growth across all other medical product lines.
Exceptional growth in electronic dispense systems.
Largest Expense Items
Increased in line with higher sales volume.
Increased to support higher sales but declined as percentage of sales.
Lower average debt levels and stable-to-declining rate environment.
Margins: Gross margin remained stable at 54.6% for the six-month period. Operating profit increased 17.4% despite near-term product start-up headwinds in Medical and Fluid Solutions, driven by strong segment EBITDA growth and lower depreciation amortization and acquisition costs.
Watch Items from the Filing
- Pension settlement charge of $24.0M in Q2 2026 related to partial U.S. plan settlement covering approximately 1,000 retirees, reducing future pension obligations.
- Medical and Fluid Solutions segment EBITDA margin contracted 50 basis points Q2 and 20 basis points YTD despite higher sales, due to near-term product start-up headwinds.
- Advanced Technology Solutions delivered robust 13.8% organic growth for six months with segment EBITDA margin expansion of 280 basis points, representing strongest segment momentum.
- Company repurchased $129.3M in common shares in first half 2026 while maintaining strong liquidity position with $102.0M cash and $1.05B available borrowing capacity.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q2 2026
$740.8M
Net Income
Q2 2026
$117.3M
Free Cash Flow
Q2 2026
$170.5M
Operating Margin
Q2 2026
26.6%
D/E Ratio
Q2 2026
0.60
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+2.3% YoYNet Income
-4.1% YoYOperating Income
+0.2% YoYEPS (Diluted)
-4.1% YoYTotal Assets
+14.3% YoYTotal Debt
+24.0% YoYOp. Cash Flow
-13.3% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $2.69B +2.3% | $2.63B +1.5% | $2.59B +9.7% | $2.36B +7.7% | $2.19B -2.7% | $2.25B |
| Net Income | $467.3M -4.1% | $487.5M -5.0% | $513.1M +12.9% | $454.4M +34.8% | $337.1M -10.7% | $377.4M |
| Operating Income | $674.0M +0.2% | $672.8M -4.2% | $702.4M +14.2% | $615.1M +27.3% | $483.1M -3.9% | $502.6M |
| EPS (Diluted) | $8.11 -4.1% | $8.46 -4.0% | $8.81 +13.8% | $7.74 +33.7% | $5.79 -9.5% | $6.40 |
| Total Assets | $6.00B +14.3% | $5.25B +37.5% | $3.82B +0.8% | $3.79B +7.8% | $3.52B +2.8% | $3.42B |
| Total Debt | $2.29B +24.0% | $1.85B +63.5% | $1.13B +33.5% | $846.5M -40.1% | $1.41B +5.2% | $1.34B |
| Operating Cash Flow | $556.2M -13.3% | $641.3M +25.0% | $513.1M -6.0% | $545.9M +42.6% | $382.9M -24.1% | $504.6M |
AI Insight: NDSN Financial Trends
Operating margin expanded to 26.6% in Q2 2026 while debt fell to 37.4% of equity, the lowest leverage in two years.
• Operating income margin climbed from 25.2% in Q3 2024 to 26.6% in Q2 2026, with recent quarters (Q4 2025–Q2 2026) consistently above 25%.
• Total debt declined 22% from $2,443M in Q3 2025 to $1,930M in Q2 2026, while equity grew 5% to $3,202M.
• Operating cash flow averaged $175M over last four quarters, up from $157M average in prior four quarters.
⚠ Net income margin compressed to 15.8% in Q2 2026 from 20.2% in Q4 2025 despite higher operating income; investigate tax or non-operating items.
⚠ Revenue trends remain volatile: Q2 2026 at $741M is below Q4 2025 peak of $752M; no sustained acceleration visible.
AI Insight: NDSN Ratio Trends
Operating margin rebounded to 26.6% in Q2 2026, but net profit margin collapsed to 15.8%—signaling operational strength masking margin pressure.
• Operating margin recovered from Q1 2026 trough (24.9%) to 26.6%, near TTM average of 26.4%, showing operational resilience.
• ROIC remained stable at 15.4% (TTM) vs. 14.9% trailing, maintaining capital efficiency above pre-Q1 2025 weakness.
• Leverage declined to 0.60 D/E in Q2 2026, lowest since Q3 2024, reflecting balance sheet strengthening.
• Net profit margin fell sharply to 15.8% in Q2 2026 from 19.9% in Q1 2026—steepest single-quarter drop in dataset.
⚠ NPM volatility: swung 4.1pp in one quarter (Q1→Q2 2026), suggesting operational or one-off charges below operating line.
⚠ ROE and ROA both declined Q1→Q2 2026, despite OpMargin recovery, hinting at asset productivity headwinds.
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Top Institutional Holders of NDSN
BlackRock, Inc.
$1.1B3,950,176 shVANGUARD CAPITAL MANAGEMENT LLC
$917.0M3,446,691 shSTATE STREET CORP
$774.9M2,903,884 shVANGUARD PORTFOLIO MANAGEMENT LLC
$624.5M2,347,402 shKAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
$544.1M2,045,115 shGEODE CAPITAL MANAGEMENT, LLC
$409.1M1,543,070 shMORGAN STANLEY
$383.3M1,440,493 shInvesco Ltd.
$255.4M959,896 shMASSACHUSETTS FINANCIAL SERVICES CO /MA/
$254.9M934,407 shFMR LLC
$216.4M813,416 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $1.1B | 3,950,176 |
| VANGUARD CAPITAL MANAGEMENT LLC | $917.0M | 3,446,691 |
| STATE STREET CORP | $774.9M | 2,903,884 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $624.5M | 2,347,402 |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | $544.1M | 2,045,115 |
| GEODE CAPITAL MANAGEMENT, LLC | $409.1M | 1,543,070 |
| MORGAN STANLEY | $383.3M | 1,440,493 |
| Invesco Ltd. | $255.4M | 959,896 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $254.9M | 934,407 |
| FMR LLC | $216.4M | 813,416 |
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Popular Research
Is NDSN a good stock to buy?
13F Pro's AI-powered analysis of NORDSON CORP (NDSN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NDSN are available on the NDSN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own NDSN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NDSN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of NORDSON CORP's investment landscape.