Nordson (NASDAQ:NDSN) Upgraded at Vertical Research

Vertical Research upgraded shares of Nordson (NASDAQ:NDSN) from a hold rating to a buy rating in a research report released on Monday, Marketbeat reports. Vertical Research currently has $270.00 price target on the industrial products company’s stock.

Several other analysts also recently commented on the stock. Oppenheimer increased their target price on shares of Nordson from $260.00 to $275.00 and gave the company an “outperform” rating in a report on Monday, August 25th. Wall Street Zen cut shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. Jefferies Financial Group restated a “hold” rating and issued a $240.00 target price on shares of Nordson in a research report on Thursday, August 21st. DA Davidson set a $290.00 price objective on Nordson in a report on Friday, December 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Nordson in a research report on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $268.00.

Nordson Stock Performance

Shares of Nordson stock opened at $238.07 on Monday. The company has a market cap of $13.38 billion, a P/E ratio of 27.91, a PEG ratio of 1.63 and a beta of 1.01. The business has a 50-day moving average price of $234.05 and a two-hundred day moving average price of $224.93. The company has a current ratio of 1.64, a quick ratio of 1.05 and a debt-to-equity ratio of 0.55. Nordson has a 1-year low of $165.03 and a 1-year high of $251.47.

Nordson (NASDAQ:NDSN) last issued its earnings results on Wednesday, December 10th. The industrial products company reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.93 by $0.10. Nordson had a return on equity of 19.64% and a net margin of 17.35%.The business had revenue of $751.82 million during the quarter, compared to analyst estimates of $761.03 million. During the same period in the previous year, the company posted $2.78 EPS. The firm’s revenue was up 1.0% compared to the same quarter last year. Nordson has set its Q1 2026 guidance at 2.250-2.450 EPS and its FY 2026 guidance at 10.800-11.500 EPS. As a group, analysts anticipate that Nordson will post 10.2 EPS for the current year.

Nordson Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Wednesday, December 17th will be given a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 17th. Nordson’s payout ratio is presently 38.45%.

Insider Buying and Selling

In other news, EVP James E. Devries sold 9,100 shares of the stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $233.60, for a total value of $2,125,760.00. Following the completion of the transaction, the executive vice president owned 51,223 shares of the company’s stock, valued at approximately $11,965,692.80. This represents a 15.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joseph P. Kelley sold 2,300 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $232.39, for a total value of $534,497.00. Following the completion of the transaction, the executive vice president owned 8,605 shares of the company’s stock, valued at approximately $1,999,715.95. The trade was a 21.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 13,600 shares of company stock worth $3,188,257 in the last quarter. Company insiders own 0.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NDSN. Vanguard Group Inc. grew its stake in shares of Nordson by 0.4% in the second quarter. Vanguard Group Inc. now owns 6,200,937 shares of the industrial products company’s stock worth $1,329,295,000 after acquiring an additional 22,090 shares during the period. State Street Corp lifted its stake in Nordson by 4.7% in the 2nd quarter. State Street Corp now owns 2,958,110 shares of the industrial products company’s stock worth $636,375,000 after purchasing an additional 133,229 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Nordson by 3.5% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,681,273 shares of the industrial products company’s stock worth $540,867,000 after acquiring an additional 90,704 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Nordson by 4.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,068,214 shares of the industrial products company’s stock valued at $228,993,000 after buying an additional 48,556 shares in the last quarter. Finally, ProShare Advisors LLC raised its holdings in Nordson by 10.2% during the 2nd quarter. ProShare Advisors LLC now owns 866,396 shares of the industrial products company’s stock valued at $185,729,000 after buying an additional 80,285 shares during the period. 72.11% of the stock is owned by hedge funds and other institutional investors.

About Nordson

Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through three segments: Industrial Precision Solutions; Medical and Fluid Solutions; and Advanced Technology Solutions.