Nordson’s (NDSN) “Buy” Rating Reiterated at DA Davidson

DA Davidson reissued their buy rating on shares of Nordson (NASDAQ:NDSN) in a report released on Thursday morning,Benzinga reports. They currently have a $345.00 price objective on the industrial products company’s stock.

Several other equities research analysts have also recently issued reports on NDSN. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 29th. Oppenheimer upped their target price on shares of Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. BNP Paribas Exane raised their target price on shares of Nordson from $285.00 to $290.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. KeyCorp lifted their price target on shares of Nordson from $335.00 to $360.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $326.57.

Nordson Stock Performance

NASDAQ NDSN opened at $332.24 on Thursday. The company has a quick ratio of 1.65, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. Nordson has a twelve month low of $220.06 and a twelve month high of $338.55. The business has a 50-day moving average price of $298.83 and a 200-day moving average price of $287.07. The firm has a market cap of $18.51 billion, a price-to-earnings ratio of 33.59, a price-to-earnings-growth ratio of 2.15 and a beta of 0.96.

Nordson (NASDAQ:NDSN) last issued its earnings results on Wednesday, August 19th. The industrial products company reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.09 by $0.16. Nordson had a return on equity of 20.49% and a net margin of 18.63%.The company had revenue of $817.67 million for the quarter, compared to the consensus estimate of $779.49 million. During the same quarter last year, the company earned $2.73 EPS. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, equities research analysts predict that Nordson will post 11.8 EPS for the current fiscal year.

Nordson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, June 18th were issued a $0.82 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.0%. Nordson’s dividend payout ratio (DPR) is 33.16%.

Institutional Investors Weigh In On Nordson

Hedge funds have recently bought and sold shares of the business. Sound Financial Strategies Group LLC lifted its position in Nordson by 4.1% during the second quarter. Sound Financial Strategies Group LLC now owns 1,033 shares of the industrial products company’s stock valued at $312,000 after purchasing an additional 41 shares during the last quarter. Syon Capital LLC increased its holdings in shares of Nordson by 4.0% in the 4th quarter. Syon Capital LLC now owns 1,061 shares of the industrial products company’s stock worth $255,000 after buying an additional 41 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Nordson by 43.4% during the 4th quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock valued at $37,000 after buying an additional 46 shares in the last quarter. Private Trust Co. NA raised its position in shares of Nordson by 70.8% during the 4th quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after buying an additional 51 shares in the last quarter. Finally, Norinchukin Bank The lifted its holdings in shares of Nordson by 1.9% in the 3rd quarter. Norinchukin Bank The now owns 3,084 shares of the industrial products company’s stock valued at $700,000 after acquiring an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 72.11% of the company’s stock.

More Nordson News

Here are the key news stories impacting Nordson this week:

• Positive Sentiment: Strong Q3 beat and broad-based growth: Nordson reported adjusted earnings of $3.25 per share, above the $3.09 consensus and up from $2.73 a year earlier. Revenue reached $817.7 million, exceeding estimates of $779.5 million and increasing 10.3% year over year. Record sales across all segments, stronger orders and broad organic growth supported the results. NDSN Q3 Earnings Beat Estimates on Broad Organic Growth
• Positive Sentiment: Higher fiscal 2026 outlook: Management raised its outlook for the third time, forecasting fiscal 2026 sales of $3.035 billion to $3.075 billion and adjusted EPS of $11.80 to $12.00. Backlog reportedly increased 35%, reinforcing expectations for continued demand and earnings momentum. Nordson Forecasts Fiscal 2026 Sales and EPS
• Positive Sentiment: Analyst price-target increases: Oppenheimer raised its target from $335 to $370 and upgraded its view to “outperform.” Robert W. Baird lifted its target from $328 to $351 while maintaining a “neutral” rating. DA Davidson reaffirmed its “buy” rating with a $345 target. Analysts Boost Forecasts on Nordson
• Neutral Sentiment: New medical product: Nordson MEDICAL introduced its Divert ULTRA line of ultra-high-pressure stopcocks for demanding medical applications. The launch expands the product portfolio but was not accompanied by a specific financial impact. Nordson MEDICAL Introduces Divert ULTRA
• Negative Sentiment: Insider selling and valuation: Reported insider activity showed 46 sales and no purchases over the past six months, including sizable sales by senior executives. After the rally, Nordson trades at roughly 33.6 times earnings, leaving the stock vulnerable to profit-taking if growth or guidance momentum slows.

About Nordson

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.