Nordson Corporation (NASDAQ:NDSN) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Nordson Corporation (NASDAQ:NDSNGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $311.50.

A number of equities analysts have recently weighed in on NDSN shares. Wall Street Zen upgraded Nordson from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Jefferies Financial Group restated a “hold” rating and set a $300.00 target price on shares of Nordson in a report on Monday, February 23rd. Robert W. Baird raised their target price on Nordson from $278.00 to $314.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Oppenheimer raised their target price on Nordson from $285.00 to $325.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Finally, Vertical Research upgraded Nordson from a “hold” rating to a “buy” rating and set a $270.00 target price for the company in a report on Monday, December 15th.

Check Out Our Latest Research Report on Nordson

Insider Transactions at Nordson

In other news, CEO Sundaram Nagarajan sold 41,800 shares of Nordson stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $293.26, for a total value of $12,258,268.00. Following the completion of the transaction, the chief executive officer owned 64,824 shares in the company, valued at approximately $19,010,286.24. This trade represents a 39.20% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Joseph P. Kelley sold 23,052 shares of Nordson stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $289.31, for a total value of $6,669,174.12. Following the completion of the transaction, the executive vice president owned 7,559 shares of the company’s stock, valued at $2,186,894.29. The trade was a 75.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 73,577 shares of company stock valued at $21,484,216 over the last 90 days. 0.84% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Nordson

Hedge funds and other institutional investors have recently made changes to their positions in the business. ICICI Prudential Asset Management Co Ltd boosted its stake in shares of Nordson by 77.5% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 14,200 shares of the industrial products company’s stock valued at $3,223,000 after buying an additional 6,200 shares in the last quarter. Jensen Investment Management Inc. purchased a new stake in shares of Nordson in the third quarter valued at approximately $2,735,000. Rakuten Investment Management Inc. purchased a new stake in shares of Nordson in the third quarter valued at approximately $1,100,000. Polar Asset Management Partners Inc. boosted its stake in shares of Nordson by 67.0% in the third quarter. Polar Asset Management Partners Inc. now owns 39,754 shares of the industrial products company’s stock valued at $9,022,000 after buying an additional 15,954 shares in the last quarter. Finally, HORAN Wealth LLC purchased a new stake in shares of Nordson in the third quarter valued at approximately $917,000. Institutional investors and hedge funds own 72.11% of the company’s stock.

Nordson Stock Performance

NASDAQ NDSN opened at $265.47 on Friday. The stock has a market cap of $14.81 billion, a PE ratio of 28.67, a P/E/G ratio of 1.77 and a beta of 1.01. The company has a current ratio of 2.72, a quick ratio of 1.74 and a debt-to-equity ratio of 0.63. Nordson has a twelve month low of $165.03 and a twelve month high of $305.28. The stock has a fifty day simple moving average of $278.78 and a 200-day simple moving average of $253.67.

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

Nordson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Investors of record on Thursday, March 19th were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, March 19th. Nordson’s dividend payout ratio (DPR) is 35.42%.

Nordson Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Nordson (NASDAQ:NDSN)

Receive News & Ratings for Nordson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordson and related companies with MarketBeat.com's FREE daily email newsletter.