On August 20, Nordson rose 5.02% in regular trading, trading at $325.47/share, with turnover of approximately $83.92 million. The stock surged following the release of fiscal Q3 results that comprehensively exceeded market expectations, coupled with an upward revision to full-year guidance.

For the quarter ended July 31, Nordson reported adjusted EPS of $3.25, beating the consensus estimate of $3.10 by approximately 4.8% and representing a 19% year-over-year increase. Quarterly revenue reached a record $817.67 million, surpassing the expected $780 million and growing 10% from the prior year. Organic sales rose approximately 12%, driven by broad-based growth across all business segments. The company raised its full-year sales guidance to a range of $3.035 billion to $3.075 billion, well above the prior market consensus of $2.98 billion. Following the results, KeyBanc raised its price target on Nordson to $360 from $335 while maintaining an Overweight rating.

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