Shares of Nordson Corporation (NASDAQ:NDSN – Get 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
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:NDSN – Get 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
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.
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